Home

Date: Mar 17 (Thu)at 6 pm

Venue: Google Campus, Mountain View CA

 Speaker: Raj Mashruwala

When Nandan Nilekani was appointed as Cabinet level minister to oversee a revolutionary scheme of giving Unique ID to every resident of India, a new approach of private-public partnership was created to rapidly roll out the system. The core technology team was formed within days. In less than a year, entire system was designed, built and rolled out. How did it happen? Unique ID concept is not without controversy. What are the issues behind the concept? Is biometric technology ready for primetime? Is it a scheme to get IT companies more government contracts? Is government violating personal freedom? How do we ensure personal privacy?

The agenda for the evening is:

1.       6:00 to 7:00 -> Registration, Networking and Dinner

2.       7:00 to 7:45 -> Presentation by Raj Mashruwala on the UID project

3.       7:45 to 8:30 -> Panel discussion on issues, concepts, controversies, governance

4.       8:30 to 9:00 -> QnA

Limited time EARLY BIRD Registration - ONLY $10 

Register at : http://www2.iitbombay.org/events/UID2011

This event is hosted and sponsored by Google.

SF Bay Area Volunteer team

2010 Events

IIT Networking Lunch with Amar Bhide

IITB Alum and Author of popular book "A Call for Judgment"

October 29, 2010, Friday, 11:30am

Registration: SOLD OUT EVENT

Venue: Sakoon Indian Restaurant,

357 Castro St., Mountain View, CA 94041, (650) 965-2000

• Hear one of the most accomplished IIT alumnus in Economics on his views why Economies are failing, how to bring the economy back to a point at which decision can be made that foster organic economic growth without potentially disastrous risks currently accepted by modern finance. 
• Opportunity to meet and network with DAs such as Raj Mashruwala, Kanwal Rekhi and fellow IIT alumni

About the author ((http://www.bhide.net/bio.html) :

Amar Bhide , Schmidheiny Professor at the Fletcher School at Tufts University, has served as Glaubinger Professor of Business at Columbia University, a consultant at McKinsey & Company and a proprietary trader at E.F. Hutton. Bhide is a founding member of the Center on Capitalism and Society, editor of Capitalism and Society , and has written about the financial crisis in the Wall Street Journal, Business Week , and Forbes . Author of The Venturesome Economy, The Origin and Evolution of New Businesse s, and Of Politics and Economic Reality , Bhide received a doctorate and an MBA with high distinction from the Harvard Business School.

About the book:

Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets. Yet modern finance blatantly neglects these necessary elements for enterprise. In the last several decades finance has become increasingly centralized, distanced, and mechanistic. Instead of many lending officers making judgments about borrowers they know, credit decisions are the output of the models of a few Wall Street wizards and credit agencies. This robotic centralized finance stifles the dynamism of the real economy and leads to recurring collapses.

A Call for Judgment clearly explains how bad theories and mis-regulation have caused a dangerous divergence between the real economy and finance. In simple language Bhide takes apart the so-called advances in modern finance, showing how backward-looking, top-down models were used to mass-produce toxic products. Thanks to excessively tight securities laws and loose banking laws, anonymous transactions have displaced relationship-based finance. And Bhide offers, tough simple rules for restoring relationships and case-by-case judgment: limit banks-and all deposit taking institutions-to basic lending and nothing else. 

A Call for Judgment is both a primer on the role of finance in a dynamic modern economy, and a cautionary tale about the pitfalls of banks functioning as highly centralized, mechanistic entities. It is essential reading for anyone interested in bringing the economy back to a point at which decisions can be made that foster organic economic growth without the potentially disastrous risks currently accepted by modern finance.

____________________________________________________________________________________

PANIIT Bay Area Diwali Dhamaka, October 2, 2010

IIT Bombay Networking Lunch

July 9, 2010, Sakoon Indian Restaurant

SOLD OUT EVENT

On Friday, July 9, IITBHF SF Bay Area Chapter held the first of series of Networking lunches to be held in 2010. The event was a smashing success with about 30 alumni attending the lunch, spanning batches from 1967 to 2001. Dr. Kanwal Rekhi, Distinguished Alumnus (DA) from the batch of 1967, was the guest of honor. Attendees mingled with each other and with Kanwal over a sumptuous buffet at Sakoon Restaurant in Mountain View. Kanwal shared his life experiences and gave an inspiring speech and pointers on how to think about Entrepreneurship. Feedback from attendees, many of whom were attending bay area chapter event for the first time, was very positive as they got a chance to see familiar and new faces, have an IIT style cack session and interact one on one with a DA from our great Institute. All this over a short 1.5 hours of lunch!

Networking lunches are a great way of connecting with other alumni, be it that you are new to the bay area or have lived here for years!

Keep an eye out for upcoming announcements about the next lunch. We will be holding these regularly and also moving the venues around the Bay Area.

 Sevathon 2010

July 18, 2010

Announcing SEVATHON 2010 5K/10K/Half Marathon and Cultural Fest.

IIT Bombay is happy to partner with ICC & several other NPOs in the bayarea in spirit of Seva for Sevathon 2010.

• When/Where: 18th July 2010, Sunday, Baylands Park, Sunnyvale, CA.
  

_____________________________________________________________________________________________