Business Today

To be precise

“We’re not here to run a Mickey Mouse business. We’re looking at substantial revenues from India—in hundreds of millions rather than tens of millions of pounds”

     Print Edition: May 18, 2008

“We’re not here to run a Mickey Mouse business. We’re looking at substantial revenues from India—in hundreds of millions rather than tens of millions of pounds”
Stuart Rose, CEO, Marks & Spencer, in The Economic Times

“When millions of people are going hungry, it’s a crime against humanity that food should be diverted to biofuels”
P. Chidambaram, Finance Minister, in Mint

“We get better than average talent in India. People join us for adventure, not for jobs”
William D. Green, Chairman and CEO, Accenture, in Business Standard

“This is a difficult business environment... there are no easy solutions here, no silver bullets”
Gary Crittenden, CFO, Citigroup, on the bank’s $5.1-billion first-quarter loss and on his plans to slash 9,000 positions, in The Guardian

“It is clear to us that we are well-positioned for 2008 and beyond, regardless of the business environment”
Eric Schmidt, Chairman and Chief Executive, Google, in The Times

“It’s a typical Reliance strategy. Own the hardware and you control the entire supply chain”
B.R. Sharan, Chief Creative Officer, SaReGaMa Films, on whether Reliance is spreading itself too thin as a filmmaker, distributor and cinema hall owner, in BusinessWeek online

“Our experience in India is truly unique and very, very positive. We do not hire management to lead, we develop our own talent”
Norbert Gorny, CEO, Carl Zeiss Vision International, to Times News Network

“We want to prove to the world that it (supercomputer EKA) is not just a benchmark machine: It’s not only a racing car, if you wish, you can convert it into a passenger vehicle”
N. Seetha Rama Krishna, Head (Operations), Computational Research Laboratories (a Tata Sons subsidiary), in Mint

“Costs are escalating; so the level of labour arbitrage isn’t as great as it used to be, but that’s not to say labour arbitrage is disappearing, nor will it disappear in the next 10 years or so”
Sid Pai, MD, TPI India, a sourcing advisory firm, in BusinessWeek

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