DB Corp announced the successful conclusion of their event held on December 7 that saw representation of over 70 professionals from the financial services industry including top merchant bankers, analysts from reputed broking houses as well as leading media and advertising agencies. The event with theme “India’s growing equity culture” welcomed Joint Secretary, DIPAM, Ministry of Finance Dheeraj Bhatnagar as the Chief Guest who also offered the key note address. Bhatnagar reiterated the government’s efforts and commitment to reforms that have paved the way for stronger economic growth.
Bhaskar Das, Executive President, DB Corp presented the current capital market environment and how equity has been delivering break-through performance as an asset class triggering more allocation towards financial savings, primarily driven post demonetisation. Das also discussed the key IPO markets in India, Dainik Bhaskar Group’s presence in these regions and how leading publications as Dainik Bhaskar and Divya Bhaskar are supporting the industry to expand the nascent equity culture across India’s tier 2 and 3 cities which have emerged as the country’s new growth engines.
Girish Agarwaal, Promoter-Director, DB Corp said, “These are exciting times that the country is witnessing. With key reforms paving the way for stronger economic and industrial progress, India is moving on to the next phase of productive growth. India’s macroeconomic fundamentals demonstrate that the economy is now poised to take off. As India’s largest media conglomerate, Dainik Bhakar Group through its publications in 4 languages, 66 print editions across 12 states; has been playing an active role in supporting the expanding equity culture in India. We are even more committed to extend our strengths to the financial services industry in particular; to expand financial and capital market literacy to reach out to retail investors across India. While significant potential across industries is being gradually unlocked, a key aspect of this future progress also includes the simultaneous growth of India’s retail investor community. Discussing the way forward based on a collaborative approach, was the primary objective of the successful event. We thank Dr. Bhatnagar for gracing the event and all our guests who made the discussions so engaging.”