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Soni Discusses Reversal of Indian Government’s Ruling on Foreign Direct Retail Investment

Posted on 1/31/2012 2:09:39 PM
Ramesh Soni, left, and M. G. Shirahatti

Ramesh Soni, chairperson of the Management Department, was invited by the Orient Institute of Management (University of Mumbai) to make a presentation to the faculty of the institute.

His presentation was a part of their ongoing faculty development seminar series. Soni’s talk mainly centered around the impact of the then-recent reversal of the Indian government’s ruling on foreign direct investment in the retail sector. The ruling possibly caused a further flight of foreign capital from India, resulting in an immediate significant devaluation of the Indian rupee. He also addressed questions on curriculum and pedagogy-related issues. The presentation was made on December 20, 2011.

The director general of the Institute, M. G. Shirahatti, hosted a luncheon in the honor of Soni, which was attended by 15 to 20 faculty members and a dozen invited alumni and current students.