10th Progress Report as on June 30, 2008







ANNEXURE 1 List of potential donors
ANNEXURE 2 Tentative Calendar of Events

The quarter April – June 2008 was quite promising for CIRC. The institute was successful in raising initial funding to cover the start up cost to some extent. Nandan Nilekani, Infosys has promised to contribute upto Rs 1 crore, provided CIRC is able to raise a matching amount by October 2008. Further details are discussed in the report under Funding. During this period a training workshop was organised in Ethiopia on Competition Policy and Law. In addition to the above, CIRC has developed and submitted proposals on undertaking capacity building initiatives in various new sectors such as Contract Management & Negotiations and PPPs.

For further details, please visit: http://www.circ.in/about.aspx


2.1) All necessary formalities have been completed including opening of a bank account and a registration certificate has been received. Further, an application and other requisite formalities/documentation for registration under Section 12A and 80 G of Income Tax Act has been initiated and completed.

2.2) CIRC hired office premises (B-2, Greater Kailash Enclave-II, New Delhi 110 048) in New Delhi and has commenced its operations. Few support staff have been put in place to start the operations.

2.3) On the issue of land, the Government of Rajasthan has agreed to offer 5000 sq mtrs land costing approximately 87lac in an institutional area with an easy access to all the necessary infrastructural facilities.


3.1) Governing Council: The third meeting of the GC is scheduled for August 11, 2008 at the CIRC’s Delhi office. The agenda for this meeting was discussed during the ninth Managing Committee meeting held on April 18, 2008. Preparations are underway for the said meeting.

The third meeting for the GC has been proposed for August 11, 2008. The agenda for this meeting would be discussed during the IX Managing Committee meeting scheduled for April 18, 2008.

For the constitution of the Governing Council please see: http://www.circ.in/govrn_council.htm

3.2) Managing Committee: The ninth MC meeting was held on April 18, 2008 at Jaipur. There was a discussion regarding finding a suitable candidate for the post Director/Dean for running the institute. It was opined by the members that either one of them has to be in place soon in order to kick start the operations in full steam.

3.2.1) Key issues that emerged from the above-mentioned meeting:

a) Director/Dean/Faculty: Efforts are on to identify them. Names that were suggested during the meeting as well as by the GC members are being followed up rigorously. There was a suggestion in the meeting to revise the profile of the director.

It was agreed in the MC meeting, that the institute should have a dean who would focus on the academic activities of the institute. It was recommended to recruit someone with a strong academic background.

As reported earlier, Shri Sudhir Krishnaswamy is available as part-time faculty, while search for full-time faculty continues.

b) Course structuring: It was decided in the meeting that CIRC should have certain courses lined up to start with instead of waiting to have the Director in place. Two proposals- one on PPPs and another on Contract Risk Management have been submitted to Department of Economic Affairs, Ministry of Finance. These have been discussed in the previous reports.

For the constitution of the managing committee members, please log on to http://www.circ.in/manag_comt.htm


4.1) Additional Central Assistance

One-time grant under Additional Central Assistance (ACA) would be sought once CIRC acquires the land. (See para 2.3 for details on the land issue)

4.2) Funding under the MPLAD Scheme

Funding under Member of Parliament Local Area Development (MPLAD) scheme is conditional to acquiring land and is restricted to be used for asset creation only. Efforts will be made subsequently.

4.3) Friends of CIRC

Under the ‘Friends of CIRC’ (FoC) network led by IDFC, CIRC has been able to secure bridge funding against the Start-up Cost proposal. Letters of request have been sent to potential donors in Mumbai and elsewhere under the FoC network. List is annexed at Annexure 1.

On June 24, 2008 CIRC was invited to make a presentation by Nandan Nilekani, CEO & MD, Infosys Techonologies Ltd. As a result of the presentation, he has committed to contribute up to Rs 1 crore to support CIRC subject to it raising a matching amount of Rs 1 crore by October 31, 2008. Progress regarding funding is as follows:

Payments received before June 26, 2008: IDFC (15,00,000); HDFC (10,00,000); and CUTS International (20,00,000) i.e. total 45,00,000 (INR)

Payments received after June 26, 2008: ICICI Bank (10,00, 000) Under this clause, CIRC is still short of Rs 90,00,000 in order to meet the condition set by Nandan Nilekani. Rigorous efforts are being done to raise the matching amount.

4.4) Bilateral Donor Agencies

The funding proposal will be prepared and be ready for approaching the donors after the recruitment of Director has been successful.


5.1) Visiting faculty and subject-expert group jointly formulate the intellectual resources of the institute. Their contributions are sought from time to time and they are kept updated on the progress of CIRC. To mention one such contribution, Allan Fels, visiting faculty member would be delivering a talk on “ How India should deal with Abuse of Dominance and Cartel Busting – Experiences from Across the Globe”, during his visit to India in July.

List of the Visiting Faculty members is available at: http://www.circ.in/visit-fac.htm

Subject expert groups have been formulated to provide guidance in structuring of the course material and modules. Their advice is sought on project proposals; contribute in the newsletter CIRCular by way of write-ups; comment on the event reports received after the training programmes in order to evaluate the effectiveness and usefulness of the trainings and how to improve and do better in the future.

List of subject expert group members is available at: http://circ.in/expertfaculty.htm

5.2) Tie Ups and Affiliations: Discussions are on with several other to secure collaboration. They are:

  • National Law University (NLU), Jodhpur, India

  • Fordham Competition Law Institute (FCLI), UK

  • International Financial Services (IFSL), UK

  • ASEAN Competition Institute (ACI), Indonesia

  • Institute for Public Private Partnerships (IP3), USA

  • Loyola University Chicago School of Law, USA

  • Public Utility Research Centre (PURC), University of Florida, USA

List of affiliations secured till date is available at: http://circ.in/links.htm


6.1) Website - www.circ.in

The website is updated from time to time to reflect the activities taking place.

6.2) Newsletter – CIRCular

CIRCular for the period April to June, 2008 has been published and is annexed with this report. The issue carries a special article on “Capacity Building: It’s an Industry” by Shri B Ramalinga Raju, Founder and Chairman, Satyam Computer Services Ltd.

CIRCular can be viewed at http://www.circ.in/publication.htm

6.3) Marketing

As mentioned in previous reports, marketing approach remains the same. These include: advertising through Internet to clientele as per the database; write-ups and discussion forums (Registration in the group can be done at: circ-forum@googlegroups.com); brochures, inserts, event-specific fliers, nomadic stand; press/news releases, etc. Extensive marketing tools would be utilised once funding is available.

6.4) Major Activities

During this quarter one training programme was conducted, while preparation and planning for other events/activities is going on in a continuous process.

6.4.1) Training Seminars
CIRC has so far organised 18 training programmes, two panel discussions and one international research symposium till date. A combination of Indian and international resource persons have contributed to these events.

For more information on these events please visit: http://www.circ.in

  • A training workshop was conducted by CIRC from May 12-16, 2008 at Addis Ababa, Ethiopia. CUTS Centre for Competition, Investment and Economic Regulation (C CIER) and Ministry of Trade and Industry, Ethiopia were the co-organisers of this training workshop entitled, 'Competition Law Enforcement for Ethiopia’ (CPS.06). This workshop was meant mostly for members and staff of the Trade Practice Investigative Commission (TPIC), Ethiopia, though the ministry also invited other government departments, select academics, consumer organisations and media to the event.

For more details please visit: http://circ.in/CPS06.htm

6.5) Events Planned

Academic Lecture on “How India should deal with Abuse of Dominance and Cartel Busting - Experiences from Across the Globe” by Allan Fels, Dean of the Australia and New Zealand School of Government (ANZSOG), Australia and Former Chairman of the Australian Competition and Consumer Commission (ACCC)

Orientation programmes on PPP for Indian Railway senior management officials. CIRC in collaboration with IDFC and ITS would be offering these trainings.

The tentative calendar is annexed at Annexure 2

Annexure 1

List of Donors requested to support CIRC


S No. Names Organisation
1. Abhijit Rajan

Gammon India Limited
Veer Savarkar Marg,
Mumbai 400025,
Tel:+91-22-6744 4000 /6661 4000-1;
Fax: +91-22-2430 0221
Email: ar@gammonindia.com; gammon@gammonindia.com

2. Mihir Doshi

Managing Director & Country Head
Credit Suisse Securities (India) Private Limited
9th Floor, Ceejay House, Plot F, Shivasagar Estate, Dr. Annie Besant Road, Worli
Mumbai, Maharashtra
Tel: + 91-22-6777 3700 (D)/77;
Fax:91-22-6777 3710
Email: mihir.doshi@credit-suisse.com

3. Naina Lal Kidwai


Country Head-India
The Hongkong and Shanghai Banking Corporation Limited (HSBC)
52/60 Mahatma Gandhi Road
Mumbai 400 001 Maharashtra
Tel: +91-22-2268 1886;
Fax: +91-22-2263 2963
Email: ainakidwai@hsbc.co.in


Pradip Shah

Ind Asia Fund Advisors Pvt Ltd
3, Scherazade,
Justice Vyas Road
Colaba, Mumbai 400 005
Tel.: +91.22.2288 1301/+91.22.2284 2897+91.22.2282 3483;
Fax: +91.22.2283 0376


R.(Gopal) Gopalakrishnan

Executive Director
Tata Sons Ltd.
Bombay House, Homi Mody Street
Mumbai 400 001 Maharashtra
Phone_O: 91-22-5665 8016 (D)/ 7645
Cell: 91-98211 40370;
Fax: 91-22-5665 8017
Email: rgopal@tata.com


T. S. Vijayan

Life Insurance Corporation of India (LIC)
“Yogakshema” Jeevan Bima Marg, Mumbai 400 021, Maharashtra, India
Phone_O: 91-22-2202 1383;
Fax: 91-22-2281 1049
Email: chairman@licindia.com


Anand Mahindra

Vice Chairman & Managing
Mahindra & Mahindra Ltd.
Mahindra Towers, Ground Floor,
Worli, Mumbai 400 018
Fax: 91-22-2202 8780
Email: mahindra.anand@mahindra.com


G V Sanjay Reddy

Vice Chairman
GVK Industries Ltd
Paigah House
156-159, S P Road
Tel: 040-27902663;
Fax: 040-27902665


Kumar Mangalam Birla

Chairman, The Aditya Birla Group
The Aditya Birla Group
4th Floor, 'C' Wing
Aditya Birla Centre
S. K. Ahire Marg, Worli
Mumbai 400 030
Tel: 91-22-6652 5000/2499 5000
Fax: 91-22-6652 5841/2499 5841
Email: hmo@adityabirla.com


Nachiket Mor

ICICI Foundation
1 Cenotaph Road, Teynampet
Chennai 600 018
Tamil Nadu
Tel: + 91-44-2830 3559 ;
Fax: +91-44-2822 8192
Email: nachiket.mor@icicifoundation.org


Nimesh N Kampani

Chairman & Managing Director
JM Financial Consultants Pvt Ltd
141 Maker Chambers III, 14th Floor
Nariman Point
Mumbai 400 021
Fax: +91 22 2204 2137


Rajeev Dubey

President-HR & Corporate Services
Mahindra & Mahindra Ltd.
5th Floor, Mahindra Towers, Worli
Mumbai 400 018 Maharashtra
Phone_O: 91-22-2497 5192 (D);
Fax: 91-22-2498 0732


Rakesh Mohan

Deputy Governor
Reserve Bank of India
Main Office, Shahid Bhagat Singh Road
Mumbai 400 001
Phone_O:91-22-2261 0990/ 2266 3155/ 2263 4739
Fax: 91-22-2267 5831


Ravi Narain

Deputy Managing Director
National Stock Exchange of
India Ltd
Exchange Plaza, Bandra Kurla Complex Bandra (East)
Mumbai 400 051
Phone_O: +91-22 26598100-8114 ;
Fax: +91-2226598120


Vallabh Bhansali

Enam Securities Pvt. Ltd.
109/112, Dalamal Tower
Free Press Journal Marg,
Nariman Point, Mumbai 400 021
Tel: +91-22-6638 1825 ;
Fax: +91-226638 1810
Email: smita@enam.com


Vikram Singh Mehta

Shell Group of Companies in India
1018, Maker Chamber-V, 10th Floor, Nariman Point
Mumbai 400 021 Maharashtra
Phone_O: 91-22-2281 7031 (D)/ 2286 6501
Cell: 91-98205 20782;
Fax: 91-22-2281 7032
Email: vikram.mehta@shell.com


Yogesh Lohiya

General Insurance Corporation of India
Suraksha Bldg, 170 J T Road, Churchgate,
Mumbai-400 020
Ph: 91-22-2286 7591;
Fax: 91-22-2288 4010
Email: cmd@gicofindia.com


Y M Deosthalee

Chief Financial Officer
Larsen & Tubro Limited
L&T House, N.M. Marg
Ballard Estate, Mumbai 400 001


A M Naik

Chairman & Managing Director
Larsen & Tubro Limited
L&T House, N.M. Marg
Ballard Estate, Narottam Morarjee Marg
Mumbai 400 001


P. J Nayak

Chairman & Managing Director
AXIS Bank Ltd
131, Maker Towers F Cuffe
Parade, Colaba
Mumbai 400 005
Tel: +91-22-67074407 ;
Fax: +91-22-22186944/1429
Email: pjnayak@axisbank.com


Anil Agarwal

Vedanta Resources Plc
16 Berkeley Street
London WIJ 8DJ
Tel:+44 (0) 20 7251 3801, +44 (0) 20 7499 5900
Fax: +44 (0) 20 74918440
Email: info@vedanta.edu.in


K. V. Kamath

Managing Director & CEO
ICICI Limited
ICICI Towers, Bandra-Kurla Complex
Mumbai 400 051
Phone_O:91-22-2653 8000;
Fax: 91-22-2653 1212
Email:kamathkv@icici.com; nita.colato@icicibank.com


Lakshmi Niwas Mittal

Founder & CEO
Mittal Steel Company Ltd.
7th Floor, Berkeley Square House, Berkeley Square
London W1J 6DA UK
Phone_O: + 44-20-7629 7988;
Fax : + 44-20-7629 7993


Nandan M. Nilekani

CEO & Managing Director
Infosys Technologies Limited
44 Electronics City, Hosur Road
Bangalore 560 100 Karnataka
Tel: +91-80-2852 0351 (D)/0261
Cell: +91-98 450 06150
Fax: +91-80-2852 0352 (D)/0362
Email: nandan_mn@infosys.com
PA: Malliga D
Email: malligad@infosys.com ;
Cell: 098454 73568


Rahul Bajaj

Chairman & Managing Director
Bajaj Auto Ltd.
Mumbai Pune Highway, Akurdi
Pune 411 035 Maharashtra
Tel:91-20-2747 2787;
Cell: 91-98233 00050
Fax:91-20-2747 3399
Email: rahulbajaj@bajajauto.co.in
PA – Mr. Patel


Rajendra S. Lodha

Birla Corporation Ltd.
14, Government Place East
Kolkata 700 069 W. Bengal
Phone_O: 91-33-2248 1507/ 1111
Cell:91-98112 27727;
Fax:91-33-2248 6960
Email: chairman@bdolodha.com; cal@bdolodha.com


Rajendra S. Pawar

National Institute of Information Technology (NIIT)
Plot No.85, Sector-32
Gurgaon 122 001, Haryana
Phone_O: 91-124-4293000;
Cell: 91-98100 02950
Fax: 91-124-429 3333
Email: pawar@niit.com 


Ravi Jhunjhunwala

Group Chairman
LNJ Bhilwara Group
Bhilwara Towers, A-12 Sector-1
Noida 210 301 Uttar Pradesh
Tel.: +91-120-4390300/ +91-118-2541810
Fax: +91-120-2531648, 2531745/+91-118-2531745


V. N. Dhoot

Managing Director/CEO
Chairman & Managing Director
Videocon Group
Videocon Industries Ltd.
Fort House, 2nd Floor
221, Dr. D. N. Road
Mumbai 400 001
Tel: 091-22-66113500;
Fax: 091-22-66551985
Email: vnd@videoconmail.com; videoexp@bom2.vsnl.net


O. P. Bhatt

State Bank of India
State Bank Bhavan, 4th Floor,
Nariman Point,
Mumbai - 400 021
Tel: (022) 22029456, 22029451, (022) 2202 2799
Fax No: (022) 22885369
Email: chairman@sbi.co.in


Ravi Parthasarthay

Executive Chairman
Infrastructure Leasing & Financial Services Limited (IL&FS) IL&FS Financial Center, 7th floor, 22-C, G Block, Bandra- Kurla, Mumbai400 051
Phone_O: 91-22-2653 3333 / 3232
Fax: 91-22-2652 3038
Email: Ravi.Parthasarathy@ilfsindia.com


Sunil Mittal

Chairman & Group MD
Bharti Telecom Ltd
H-5/21, Qutab Ambience, Old Mehrauli Road
New Delhi 110 030
Phone: 91-11-4166 6000/6123
Fax: 91-11-4166 6126
Email: smittal@bhartinet.com


Sameer Gehlot

Chaiman & CEO
India Bulls
Indiabulls House
448 - 451, Udyog Vihar,
Phase - V,
Gurgaon - 122001, Haryana, India.
Tel: 0124-4572444 / 39407777


Suresh Neotia

Ambuja Cements Ltd.,
106, Maker Chambers III,
Nariman Point,
Mumbai 400 021
Tele: 91+22+6659 7300;
Fax: 91+22+2285 3051


Azim Premji

Wipro Technologies
Doddakannelli Sarjapur Road
Bangalore-560 035
Phone: 91-80-2844 0044 / 01/11
Fax: 91-80-2844 0256
Email: azim.premji@wipro.com


Anu Agha, Director

Thermax Ltd.
Dhanraj Mahal, 2nd Floor, Chatrapati Shivaji Maharaj Marg, Nr. Gateway of India,
Mumbai - 400 039
Ph: 022 - 6754 2222 ;
Fax : 022 - 22040859
Email: info@thermaxindia.com 


Nasser Munjee

Development Co-op. Bank
Res. Address:
Ist Floor, Champaign House
69, Worli Sea Face
Mumbai 400 018
Email: Nasser@dcbl.com
Off. Address
Chairman’s Secretariat
Development Credit Bank
301, Trade Plaza
414, Veer Savarkar Marg
Prabhadevi, Mumbai – 400025
Tel : 91-22-66187002;
Fax : 91-22-24231523


Ashok Kumar Jha
Former Finance Secretary, GOI

Hundai Motors Ltd.
A 30, Mohan Co Op Indl Estate,
Opp Sarita Vihar, Badarpur, New Delhi, Delhi 110044
Tel: +91-11 41599853/41678800, 41678811


B K Modi

Founder Chairman
Modi Foundation
Mr. Umesh K. Modi
Chairman, President & CEO
Modi Group of Industries
1400, Modi Tower
98, Nehru Place
New Delhi - 110019
Ph: 91-11-2628 6589/91-112648 3594
Fax No: 91-11-26449030(Direct), 91-11-2645 1659
Email: drbkmodi@hotmail.com, ukmodi@modirevlon.com


Hari Shankar Singhania

J. K. Organisation
4, Bahadur Shah Zafar Marg
New Delhi 110 002
Phone_ O: 91-11-2331 0422/6636
Fax: 91-11-2332 6825/2371 2680
Email: hss@jkmail.com


Gireesh Kumar Sanghi, MP

A.G.A. Publications Ltd,
Vaarttha, 396, Lower Tank Bund, Hyderabad-500 080
Ph: 91-40-2764 4999/2763 6318;
Fax: 91-40-2764 2512
Email: gksanghi@sansad.nic.in; girishsanghi@hotmail.com 


Ratan Jindal

Jindal Stainless
Vice-Chairman and Managing Director
Jindal Stainless Limited Corporate Office: Jindal Centre 12 Bhikaji Cama Place,
New Delhi - 110 066
Tel: +91 11 26188340-50, 26188360-80
Fax: +91 11 26101562/51659169
E-mail: info@jindalstainless.com 


Swati Piramal

Vice Chairperson
Nicholas Piramal India Ltd
Morarjee Mills Compound, Dr. Ambedkar Road, Parel
Board No: +91 22 3081 8000;
Fax No: +91 22 3081 8036
Email: sapiramal@nicholaspiramal.co.in


Uday Kotak

Executive Vice Chairman & Managing Director
Kotak Mahindra
Kotak Mahindra Bank Limited
36-38A, Nariman Bhavan,
227 Nariman Point,
Mumbai - 400 021
Email: uday.kotak@kotak.com
Kotak Mahindra Capital Company (KMCC)
3rd Floor, Bakhtawar,
229, Nariman Point, Mumbai - 400 021


Shyamala Gopinath

Deputy Governor
Reserve Bank of India (RBI)
Central Office Building, Shahid Bhagat Singh Marg
Mumbai 400 001
Phone_O: 91-22-2261 4228
Fax: 91-22-2265 7604
Email: sgopinath@rbi.org.in


Kishore Rungta

Mr. Kishore Rungta
Man Structurals Ltd.
Near Loco, P B No. 189
Jaipur 302 006
Phone_O: 91-141-222 2220/ 2100 (4 Lines)
Phone_R: 91-141-236 6287/222 2222
Cell: 91-98290 57000
Fax: 91-141-222 2199
Email: msltd@jp1.dot.net.in