Voices

``People are expecting too much returns on their investments with investment consultants fanning the flames.'' -- Mr Warren Buffett, Chairman, Berkshire Hathaway.

``The stock market will not fare as well in the next 10 years or 20 years as it has done since the early 1980s.'' -- Mr Warren Buffett, Chairman, Berkshire Hathaway.

``The Indian software industry is expected to grow only 30 per cent this year, a sharp drop from last year's 70 per cent annual growth rate due to the US economic slowdown.'' -- Mr N. R. Narayana Murthy, president and chief executive officer of Infosys Technologies.

``Going down to 30 per cent, less than 30, is a significant reduction in growth rate and that is precisely because of the slowdown in the US market.'' -- Mr N. R. Narayan Murthy, President and Chief Executive Officer, Infosys Technologies.

``I think the stock holding population should lower its expectations a lot. It is simply crazy to have these kinds of expectations.'' -- Mr Charlie Munger, Vice Chairman, Berkshire Hathaway.

``SSI's focus would be on pulling through the economic slowdown in its next two to three years.'' -- Mr Kalpathi S. Suresh, Chairman and CEO, SSI.

``The specified buyback price had effectively served as a floor piece for the share price even though the company had not so far deployed any amount for buyback.'' -- Mr Anil Ambani, Managing Director, Reliance Industries.

``Considering the bank's presence in the capital market and its temporary downtrend, the bank has proactively made a provision of Rs 50 crore over and above the requirement.'' -- Mr R. S. Hugar, Chairman and Managing Director, Global Trust Bank.

``Bajaj Auto is restructuring its marketing and sales operations and will launch a new three-wheeler model in a bid to boost sales.'' -- Mr Rahul Bajaj, Chairman and Managing Director, Bajaj Auto.

``The rise in product prices lagged increase in feedstock prices leading to overall pressure on profitability.'' -- Mr Anil Ambani, Managing Director, Reliance Industries.

``We have all the technologies for broadcasting. The only thing needed is an alliance for satellite services.'' -- Mr Amitabh Kumar, Chief Operating Officer, VSNL.

``The excellent performance is due to improved scenario of cement, sponge iron, chemical business and stable performance of viscose staple fibre.'' -- Mr D. D. Rathi, Group Executive President and CFO, Grasim Industries.