09.40 Chair’s opening remarks
09.45 Securities market in India: an overview
- An assessment of capital markets in the past year: challenges and opportunities
- Regulatory and legal updates in the past 12 months from Sebi and RBI
- What can the Government do to attract more investment and sustain capital markets growth?
- What are the top trends and securities market outlook for 2017?
Mohit Saraf, senior partner, Luthra & Luthra (chair)
Manan Lahoty, partner, Luthra & Luthra
Rahul Saraf, managing director, Citi
Sanjeev Sehrawat, senior director, ICICI Venture Funds Management
10.45 Coffee and networking
11.15 Indian equity market: key trends in listing
- Investigating regulatory updates, including stock exchange amendments
- Accessing Indian capital markets through IPOs: what are the reasons behind growing investor interest?
- Trending sectors: infrastructure, e-commerce, banks and fintech
- ICICI Prudential Life IPO: what does the first life insurance listing mean for the insurance and equity markets in India?
- Should your company list domestically or abroad?
- A guide to private equity exits in India
Yash Ashar, head, capital markets practice and partner, Cyril Amarchand Mangaldas (chair)
Gesu Kaushal, executive director, Kotak Mahindra Capital
Sachin Wagle, managing director, head – India FIG & Global Capital Markets, Morgan Stanley
12.15 Demystifying REITS and InvITs
- An overview of REITs and InvITs: progress so far
- Sebi’s wide-ranging relaxations for REITs and InvITs and what this means for investors
- The IRB InvIT Fund and Blackstone’s REIT listing- will it pave the path for further investment?
- What to be aware of before investing in REITs and InvITs, including conducting proper due diligence and taxation issues
- Issues surrounding the regulatory framework of these investment vehicles
Bhakta Patnaik, partner, Trilegal (chair)
Karan Suri, executive director, Morgan Stanley
Sundareswaran S, executive director, Morgan Stanley
Ananta Baura, executive director, SEBI
Stephen Peepels, partner, Hogan Lovells
James Grandolfo, partner, Millbank
13.15 Lunch and networking
14.15 High yield: challenges and opportunities
- Opportunities and challenges: what should we expect from Indian HY bond structures?
- Greenko: India’s first high yield green bond issuance explained
- The appetite for high yield offered by rupee-denominated bonds in India
- Structuring and tax considerations to be aware of
Stephen Peepels, partner, Hogan Lovells (chair)
Aniruddha Sen, partner, Trilegal
Sanjay Ratra, managing director, head of commercial real estate & infrastructure (South Asia), Standard Chartered
Andy Ferris, partner, Hogan Lovells
15.15 Coffee and networking
15.45 Tapping into the offshore and onshore debt markets
- The offshore rupee bond market: challenges and opportunities
- What is the preferred platform/jurisdiction for masala bonds?
- Adani Transmission, HDFC, NTPC and Indiabulls: recent masala transactions and what it means for issuers and global investors in the future
- Developments in the rupee-denominated bond market, including RBI’s corporate bond market reform initiatives
- Potential tax hurdles that remain when issuing these bonds
- Sebi’s proposals for possible direct FDI investment – what will this mean for the debt market in India?
Sudhir Bassi, executive director, Khaitan & Co (chair)
Manisha Shroff, associate partner, Khaitan & Co
S. Ranganathan, group CFO, Edelweiss Group
Sonali Sharma, senior counsel, Standard Chartered Bank
Jayen Shah, head- debt capital markets, IDFC Bank
Rakshat Kapoor, executive director, Nomura
16.45 Due diligence standards
- Developments in the diligence space within and outside India
- Key considerations when conducting due diligence and disclosure in India, including regulatory and taxation issues
- Case studies
- India’s ‘black money’ initiatives: will they have a tangible effect?
Naomi Ishikawa, partner, Millbank (chair)
Mohit Shukla, managing director and head of India legal, Barclays
Meetali Jain, director, investment banking division, Bank of America Merrill Lynch
Nidhi Parekh, senior vice president, Citigroup Global
Gaurav Gupte, partner, CAM
James Grandolfo, partner, Millbank