I.T.S School of Management, Ghaziabad organised 9thBusiness Summit-2025 on the theme “Future of Business: Unlocking the Potential of Artificial Intelligence and Machine Learning” in collaboration with Business Standard on February 15, 2025.
The summit witnessed a huge participation from industry, academia and students.
The Inaugural ceremony was graced by the presence of distinguished speakers:
● Guest of HonourI :Mr. Vikas Khanna, Senior Vice President, Hero Ecotech Ltd. ;
● Guest of HonourII :Mr. Jagpreet Brar, Director, Human Capital Advisory Services, KPMG India;
● Guest of HonourIII : Mr. Amitabh Ranjan, Registrar, Indian Institute of Public Administration , Govt. of India;
● Director : Prof.(Dr.) Ajay Kumar, I.T.S School of Management;
● Chairperson PGDM Programme : Dr. Anusha Agarwal
The highly anticipated Business Summit commenced on 15th February 2025 with the opening remark by Prof. Yaachna Malhotra followed by Maa Saraswati Vandana, symbolizing the invocation of knowledge, wisdom. Plant samplings were given as a token to all the esteemed guest by Prof. (Dr.) Ajay Kumar, Director, I.T.S School of Management.
The summit was formally inaugurated by Prof.(Dr.) Ajay Kumar, Director, I.T.S School of Managementby delivered a thought-provoking opening remark, highlighting how AI and ML are driving significant transformations across industries like healthcare, finance, retail, and manufacturing, reshaping businesses beyond just trends.
Summit overview was given by Dr Anusha Agarwal who welcomed all guests and provided an insightful overview of the event’s theme that how AI and ML are important and explaining the aim and agenda for the summit.
Mr. Amitabh Ranjan, Registrar, Indian Institute of Public Administration, Govt. of India emphasized the importance of AI and ML, stressing the need for upskilling and reskilling workers, using quotes from the Hanuman Chalisa. AI is not only a tool to save businesses but also a catalyst for their growth.
Mr. Jagpreet Brar, Director, Human Capital Advisory Services, KPMG Indiaaddressed how AI and ML are fundamentally changing the way businesses operate.The speaker highlighted that AI and ML have evolved from tools for efficiency to key drivers of strategic transformation, helping businesses make informed decisions by analyzing data to uncover patterns and insights.
Mr. Vikas Khanna, Senior Vice President, Hero Ecotech Ltd shared his personal experience, reflecting on how the business landscape has evolved, with AI and ML transforming challenges into competitive advantages.
Plaques were presented to all the honorable speakers as a token of remembrance and gratitude.
Panel Session—I on the theme “Harnessing Innovation in Business Decision-Making: The Power of AI and ML” was delivered by distinguished panelists:
· Mr. Amitabh Ranjan, Registrar, Indian Institute of Public Administration Govt. of India.
· Ms. Shivani Singh, MOC Niti Ayog/ Industry Expert AICTE.
· Dr. Rajan Gupta, Director, Data Science & AI/ML, Deutsche Telekom Digital Lab.
· Mr. Abhishek Pathak, Regional Head, ICICI Bank.
· Mr. Ritesh Chandra, Ex-Banker (Regional Credit Head-Yes Bank) and Educator.
Mr. Amitabh Ranjan, Registrar at Indian Institute of Public Administration Govt. of India was the moderator of the session. He highlighted the importance of AI governance, the need for upskilling and reskilling workers, and how AI is accelerating transformation across industries.
Ms. Shivani Singh, National Head Govt. Projects, LG Electronics, focused on the importance of responsible AI usage, highlighting the need for accurate and unbiased data. She also said Human intervention is crucial to ensure accountability and accuracy.
Dr. Rajan Gupta, Director , Data Science & AI/ML, Deutsche Telekom Digital Lab, Mr. Rajan highlighted the evolution of data analysis from descriptive to prescriptive, emphasizing the shift from understanding data to predicting trends and optimizing processes.
Mr. Abhishek Pathak, Regional Head, ICICI Bank focuses on the importance of human consciousness in AI decision-making. AI should be used as a "co-pilot" to support human decision-making, rather than replacing it.
Mr. Ritesh Chandra, Ex-Banker (Regional Credit Head–Yes Bank) Educator highlighted the challenges of regulatory compliance and KYC in the banking sector.
The session was quite interactive and concluded with the presentation of plaque of honor as a token of gratitude.
Panel Session-II on theme “Navigating the Challenges of AI and ML in Business: Risks, Roadblocks, and Realities” witnessed stimulating discussions from the panelists, who shared their expertise on the evolving role of AI and ML in business and the challenges surrounding their adoption.
· Ms. Ritika Mathur, Partner, Human Capital Consulting, Grant Thornton Bharat LLP
· Mr. Sujit Kumar, Head-Human Resource (Marketing), Matix Fertilizers and Chemical Limited
· Mr. Viney Kaushik, CHRO, Nuberg Engineering Ltd.
· Muhammad Raza Siddiqui, Vice President, Black Rock
· Mr. Rajeev SootaVice President - IT, Usha International
Ms. Ritika Mathur, Partner, Human Capital Consulting, Grant Thornton Bharat LLPemphasized AI’s impact on human capital management, urging organizations to align workforce strategies with AI-driven changes. She highlighted AI’s ethical replication, biases in recruitment algorithms, and the need to understand AI as a tool.
Mr. Sujit Kumar, Head-Human Resource (Marketing), Matix Fertilizers and Chemical Limited delved into the essence of the AI boosts HR, marketing, and agriculture, enhancing talent acquisition, engagement, and efficiency with tech like drones and XRD. It supports cost-saving, collaboration, and data-driven decisions.
Mr. Viney Kaushik, CHRO, Nuberg Engineering Ltd highlighted the importance of ethical AI, its growing role in daily life, and its impact on everything from GPS to relationships. AI, he said, should be embraced responsibly as an extension of human innovation, shaped by a higher force.
Muhammad Raza Siddiqui, Vice President, Black Rock discussedAI's impact on finance, highlighting data quality, automation, and regulatory challenges. Emphasis was placed on the need for human oversight, ethical use, and managing cyber fraud risks while ensuring responsible AI deployment.
Mr. Rajeev Soota Vice President - IT, Usha Internationalemphasized on how AI relies on data, lacks emotions, and transforms jobs instead of replacing them. How it enhances IT with automation and cybersecurity, and supports HR in recruitment and workforce management.
The session concluded on AI’s transformative impact on business, HR, finance, and IT, stressing ethical use, data integrity, and human oversight. Speakers emphasized that AI and ML enhances, not replaces, human potentialbut reinforce the need for responsible adoption and skill development. Finally with the presentation of plaque of honor as a token of gratitude the summit came to an end.

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