Yale Leadership Summit to hold on 5-6 November in Delhi

Yale leadership summit will be held on November 5-6 in Delhi where Business leaders will meet who are from the US, Europe in a table called Yale CEO Leadership Summit. The theme of the business leadership summit is “Navigating the Oceans of Opportunity for Indian Business”. This is first time; these classes of business leaders are going to meet in India these kinds of global programme. It hopes that more than seven business leader from India will be the participant of the Summit. The CEO leader conference used to hold every June and December in New York but this time the 59th executive conference is it going to commence on in New Delhi.

Quotes from business-standard

“Following last year’s Mumbai bombing, many US CEOs expressed great interest in reinforcing their enthusiasm for India’s miraculous economic development and adroit navigation through the recent economic crisis,” said Jeffrey Sonnenfeld, president of the Leadership Institute.

“This gathering will exchange perspectives on how cross border business can be mutually reinforcing while addressing urgent societal challenges.”

No doubt, that the effect of Mumbai terrorist attack blowing the economic follow in down. At the same time the economic recession of the word’s richest countries like USA felt a massive impact in the export oriented countries like India most. When I was writing the article collecting news from different sites that time found some important quotes (in reuters India) that Indian government may sell 5 percent shares of NTPC and State-run Coal India Ltd. will invite tenders for is 18 abandoned mine soon.

Pakistan to invest million dollar in Oil and Gas sector

To reduce import of oil and gas Pakistan is going to invest more on the sectors. The government is targeting to invest more that 15 million dollar; even they are trying to attract the foreign investors with lucrative offers to invest this sector. In the sack of the exploring oil and gas the Govt. is highly determine to provide security for the investors. Pakistan imports 82 percent of their demand a fiscal year and demand will be increased more than 5 percent every year. The country is receiving investment more that one million dollar in the oil sector.

Bloomberg

Developing offshore fields reduces the risk of attacks by militants that have hampered oil and gas exploration, increasing Pakistan’s reliance on imported fuels. U.K. explorer Tullow Oil Plc stopped operating in the northwest tribal region in March where the Pakistan military is fighting Taliban insurgents.

No doubt that security is the main concert to invest in Pakistan. But the recent steps of the government to increase the security trust may attract the investors. Govt. offers two kids of explorers offshore and onshore and 14 offshore explorer license already been issued by the authorities. Including Pakistan’s Oil & Gas Development and the top second largest European explorer company BP Plc and Italian petroleum oil company Eni is eager to work in this sector.