A Quote by Kiran Mazumdar-Shaw

As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it. — © Kiran Mazumdar-Shaw
As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it.
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
I don't think the government should touch art. Governments are risk averse. They encourage risk-averse personalities to be artists.
Indian companies have a very exciting global opportunity, Indian companies are well-respected globally, doors of business are more open. So that has been a focus for us, how do we globalise faster?
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.
If you think in terms of major losses, because losses loom much larger than gains - that's a very well-established finding - you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.
The major challenge facing most foundations is that they are risk averse. This inhibits their ability to experiment and commit to the experimentation and innovation process.
The food we ate was Indian, and both my mother and father were very deep into the ancient philosophy of India, so it could well have been an Indian household.
India's educated youth is skill-deficient, risk averse in attitude, and largely unemployable in the cutting-edge manufacturing sector.
Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.
Rock music is quite big in India - but it mostly just replaces all the intricacies of Indian rhythms and Indian melody with lumpen rock drumming and power chords.
As the world's sole remaining super power and economic powerhouses, our nation's ability to be at the forefront of innovation and production has enabled unparalleled economic success of our nation's workforce.
There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
Traditionally Marxism attracts the oppressed. This, however, is not the case in the Arab nation... The socialist programs in Arab history did not always come from the poor, but from men who had known no oppression and became the leaders of the poor. The Arab nation has never been as class-conscious as other nations.
The best software companies in the world are the Indian companies like the Tatas, Infosys, and others.
Random distributions are not good things, because people are risk-averse, and this risk adversely affects their welfare. If you get too much price uncertainty, all kinds of long-term, mutually beneficial contracts can't be entered into.
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