Date:09/11/2006 URL: http://www.thehindubusinessline.com/2006/11/09/stories/2006110901690600.htm

Back Entrepreneurial summit in Mumbai next month

Our Bureau

MR K.V. KAMATH (left), MD, ICICI Bank Ltd, with Mr Sridar Iyengar, President, Tie Global, at a press conference in Mumbai on Wednesday. — Paul Noronha

Mumbai , Nov 8

TiE (The Indus Entrepreneurs), a global non-profit organisation, plans to host an entrepreneurial summit to celebrate the "spirit of Indian entrepreneurs", in Mumbai from December 17-19.

Mr K.V. Kamath, Managing Director and CEO, ICICI Bank, and a member of the TiE advisory board, said entrepreneurs are critical drivers of economic growth. "India has millions of existing and potential entrepreneurs, both large and small. There is a growing set of entrepreneurs who want to move to the next level in terms of scale. This summit will provide a platform to the entrepreneurs to interact with other successful entrepreneurs."

On the sidelines of the press conference Mr Kamath said, "Liquidity is comfortable so the interest rates stay as they are. We are continuously reading the market signals."