Business Today

To be precise

     Print Edition: November 30 2008

P. Chidambaram, Finance Minister
P. Chidambaram
“We recognise that the situation is abnormal and we need to be constantly on the alert. I hope there will be no knee-jerk reaction such as large scale lay-offs, which may lead to a negative spiral”
Manmohan Singh, Prime Minister, talking about the ongoing financial crisis, to PTI

“The world has never seen this kind of advance before. These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do”
Rupert Murdoch, Chairman, News Corp., talking about India and China, to Agencies

“IT companies in India are investing for the long term and they have a pretty incredible reputation. They are always considered whenever a global project comes up”
Bill Gates, Chairman, Microsoft, in The Economic Times

“Things have worsened in the last three weeks and as a result we’ve had to accelerate our production cuts”
Aditya Mittal, Chief Financial Officer, Arcelor Mittal, in Associated Press

“Once he (Barack Obama) is in office, he will realise that in this interconnected world, countries have to work together”
P. Chidambaram, Finance Minister, in Hindustan Times

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