A Quote by Chanda Kochhar
The global market does not understand the India risk as well as we do, and therefore, we have the arbitrage facility of making better margin on the same set of Indian firms than what we would have made by giving rupee loans.
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Other people's view was that saving a rupee is a rupee earned. But for our family, earning two rupees is a rupee earned. That means spending that 1 rupee to make that happen is what it is. It is a difference of risk-taking appetite, going out and doing stuff.
When German companies take over firms in India, it is seen as normal. When an Indian buys one or two firms in Germany, that is something special.
Market in India is big enough for several brands. For us, it's about innovation, making best product, and making the ecosystem better and better. If we do that well, then more people will switch from Android to iOS.
In India, we have the global services HQ, R&D centres, global network operating centres, global manufacturing, and product management - India is not just a market but a country we use for extended NSN.
I understand that the rupee is fairly market determined.
When you read that UBS did not even view parts of its mortgage portfolio as having market risk, it becomes very obvious that a number of firms were not dotting the i's and crossing the t's when it comes to risk management.
By a 2-1 margin, voters believe that Donald Trump would change business as usual in Washington, but by almost as large a margin, they believe that Hillary Clinton would be better in a crisis and less of a decisive margin she cares about people like them.
Oil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.
You'll better understand the evil when top audit firms started selling fraudulent tax shelters when I tell you that one told me that they're better [than the others] because they only sold [the schemes] to their top-20 clients, so no-one would notice.
The 10 largest antitrust law firms in the United States have gone into the federal courts charging Monsanto with creating a global conspiracy in violation of the antitrust laws, to control the global market in seeds.
In a world without an Ex-Im Bank, which finances just 2 percent of U.S. exports, private firms would provide the insurance and credit these companies need, but at market rates that reflect risk of default.
By taxing CO2, firms and households would have an incentive to retrofit for the world of the future. The tax would also provide firms with incentives to innovate in ways that reduce energy usage and emissions - giving them a dynamic competitive advantage.
I think there are opportunities outside India as well as in India. In fact, some of the largest projects that most Indian software companies are doing are in India.
India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.
India is a country that has no direct interests in some areas of global conflict. It has very good relations with countries in conflict or countries facing difficult security situations, and I believe Indian diplomacy is very well received. India is a bridge-builder, an honest broker, and a messenger of peace.
In Greek mythology, the hero wants to be great, but the very concept does not exist in the Indian vocabulary. Yet it has become the global template. And it's a template that won't fit in India.
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