BUSINESS LINE's INVESTMENT WORLD
From THE HINDU group of publications
Sunday, September 09, 2001













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Voices

``The biggest challenge is the economy. That has nothing to do with Jack''. -- Mr Jeffrey Immelt who has taken charge as Chairman and CEO of General Electric from Mr Jack Welch.

``We have announced our bias in favour of stability and softer interest rates''. -- Dr Bimal Jalan, Reserve Bank of India.

``At a challenging time for the industry, the combination with Compaq vaults us into a leadership role with customers and partners''. -- Ms Carly Fiorina, Chairman and CEO, Hewlett Packard.

``My immediate priority is to contain NPAs... long-term goal is universal banking''. -- Mr P. P. Vora, Chairman, IDBI.

``We are seeing no improvement in the industrial technology sector. We cannot see right now things getting better''. -- Mr Jeffrey Immelt, Chairman and CEO, General Electric.

``We will have at least two Fieros and three Victors in a year's time''. -- Mr Venu Srinivasan, Chairman, TVS Suzuki.

``We would as well go with foreign partners to enter research areas and marketing of products in different countries''. -- Dr Y. K. Hamied, Chairman and Managing Director, Cipla.

``The overall revenue mix is expected to be skewed more in favour of exports in 2001-02''. -- Mr G. V. Prasad, Vice-Chairman and CEO, Dr Reddy's Laboratories.

``Individual housing loans that form 73 per cent of HDFC's lending has grown at an annual rate of 50 per cent for the past five years''. -- Mr Keki Mistry, Managing Director, HDFC.

``There were no inaccuracies whatsoever in the copies of the balance sheet of Reliance Petroleum''. -- Comment by Reliance Petroleum.

``We are taking steps to insulate India from the global economic slowdown''. -- Mr Yashwant Sinha, Finance Minister.

``Companies are changing their attitude but only gradually. Many are still making light of shareholder value''. -- Mr Noboru Wakatsuki, Director, Institutional Shareholder Services, Japan.

``Fa is a unisex brand and the company has launched a range of soaps, talc and deo-sprays''. -- Mr Satish Kumar, Managing Director, Henkel Spic.


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