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Thursday, October 04, 2012 11:20:23 AM (IST)  

Ajman: Thumbay Moideen Conferred NGI Excellence Award at GIBM Meet, New York

Media Release

Ajman, Oct 4: With time, business scenarios change and so do strategies. Not only does modern business requires new ideas to keep the wheel churning but it also requires a strong vision.

Today, business leaders, entrepreneurs, investors and knowledge experts need inroads into global networking forums and a definite edge over the competition.

Global Indian Business Meet 2012 was one such platform where businessmen got ample opportunities to discover the edge. NGI Foundation applauded and felicitated those Global achievers of Indian origin for their contribution towards bringing about positive changes across the world. 

The awards were to celebrate their success and also inspire others to make such exceptional behavior in their norm.

On the September 22, Moideen added yet another trophy to his collection by bagging the prestigious NGI excellence award at the Global Indian Business Meet (GIBM) which was held from the September 20 to September 23 at Marriott Marquis, Times Square, Manhattan, NYC. 

This special award was conferred on Moideen in recognition for educational leadership.

Moideen also delivered a special talk on the topic of “creating trendsetting brands” at the GIBM Meet, 2012.

Awards categories and winners included Swami Vivekananda Memorial Award in entrepreneurship philanthropy to Dr Gururaj Deshpande (USA), communication leadership  to Atul Gupta (South Africa), community initiatives to Ramesh Kalicharan (Guyana), Indian diaspora leadership to GOPIO president Ashok Ramsaran (USA), community leadership to Dr Dasarath Chetty (South Africa), finance and banking leadership to Rajen Pillay (South Africa) and last but not the least business leadership to Dato Dr Vijay Eswaran (Malaysia).

The Nano Holdings CEO, Justin Hall-Tipping, outlined futuristic nano-technologies creating solutions for protecting water, disposing garbage, and securing sustainable housing.

The last session of the opening day had an engaging debate between the Bombay stock exchange deputy CEO Ashish Chauhan and the founder of Quantum Fund management firm, Ajit Dayal, on the ethics of stock-broking and small investors’ protection practices in India.

A special appeal to invest in the Caribbean nations was made by the Industries and Tourism Minister of Guyana, Md Irfaan Ali, and the chairman of Mediterranean Shipping Corporation, Nicola Arena, highlighting the geo-strategic importance and natural resources of the region.

On the subsequent days, the distinguished Economist of Indian origin, from London School of Economics, Meghnad Desai noted that one on every rupee earned in India goes into external debt interest payment and to manage this the government is taking resort to “irresponsible fiscal policy” pumping currency in the economy and devaluating rupee furthermore.

He lamented that while entrepreneurship induced dynamism is there in the Indian economy, there is hardly any government policy induced dynamism.

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