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January 2009

To be precise

By Raman Jokhakar, Tarunkumar Singhal, Chartered Accountants
Reading Time 3 mins
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New Page 4

35 To be precise


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“The growing importance of India, to the world and to Dow Jones and News
Corporation, is obvious to all of us. What the world needs is a trusted means
of measuring this country’s development, an index that can be used by
investors around the world to track the progress of Indian companies and the
Indian economy.”

— Rupert Murdoch, Chairman, NewsCorp, to CNBC


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“For a long time after Independence, we were trying to solve the employment
problem. Now we’re trying to solve the employability problem.”


— Vijay Thadani, Head,
Confederation of Indian Industry’s Committee on Education, in Newsweek



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“The earth’s crust has enough material to supply all the oil needed, but the
earth’s atmosphere may not be in a position to absorb all the emissions.”

— Christof Ruhl, Group Chief Economist and Vice-President,
British Petroleum, in The Economic Times


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“To think more clearly about what should be done, we have to ask what should
keep us awake at night.”

— Amartya Sen, Nobel Prize-winning economist, in Business
Standard.


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“The India story remains a good one. Experience suggests that a time of
maximum bearishness represents a good buying opportunity.”

— Tarun Kataria, Chairman, HSBC Securities & Capital
Markets, in BusinessWeek Online.


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“When we started Infosys in 1981, we decided to become the most respected
company rather than merely focus on becoming a profitable company. If you want
your people to sacrifice, then you need to sacrifice first.”


— N. R.
Narayana Murthy, Non-executive Chairman & Chief Mentor of Infosys
Technologies, to Agencies.



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“The fellow on the other end, usually the CEO, says : ‘The market looks at us
as a toad. Berkshire Hathaway is looked at as a princess. And if you would
just kiss us, we would turn into a handsome prince.’ And I say : ‘No, we would
turn into a toad’.”

— Warren Buffett, Chairman and CEO, Berkshire Hathaway, in Fortune.


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“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.


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“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

(Source : Business Today, dated 2-11-2008 and 30-11-2008)

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