BUSINESS LINE's INVESTMENT WORLD
From THE HINDU group of publications
Sunday, December 24, 2000












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Voices

``We want to see something like 15-20 per cent of our price list from innovation at any point. That means you renew your price list every five to six years.'' -- Mr Manvinder Singh Banga, Chairman, Hindustan Lever.

``At NSDL, we want to reach better information to people at remote centres.'' -- Mr C. B. Bhave, Managing Director, National Securities Depository Ltd (NSDL).

``We are investing heavily in B2B because our past experience with connectivity has given us huge margin improvements.'' -- Mr Manvinder Singh Banga, Chairman, Hindustan Lever.

``The going is tough this year due to two unforeseen factors -- the high global oil prices and severe drought in Orissa, Madhya Pradesh, Rajasthan, Gujarat.'' -- Mr Yashwant Sinha, Finance Minister.

``Infosys makes sure it holds enough cash to meet all expenses for a year even if earnings were zero. As we are not sure how the market is going to be tomorrow, we do not want to be caught on the wrong foot.'' -- Mr T. V. Mohandas Pai, Chief Financial Officer, Infosys Technologies.

``I will move the Company Law Board in January on irregularities in accounting/management practices in Bombay Dyeing.'' -- Mr Arun Bajoria, a 14.50 per cent stake-holder in Bombay Dyeing.

``Premium on life-insurance policies charged by private sector players is not likely to be much different from LIC. New players can carve out a niche by better services.'' -- Mr Deepak Satwalekar, Managing Director, HDFC -- Standard Life.

``Public sector banks require a capital infusion of $11-13 billion. Local equity market may not be able to raise sufficient capital to fund re-capitalisation.'' -- Comment by Standard & Poors'.

``We all have a big incentive as shareholders to reignite the kind of cost-conscious culture that market Microsoft's earlier years.'' -- Mr Steve Ballmer, CEO, Microsoft.

``BSE believes that an educated investor is a protected investor.'' -- Mr Anand Rathi, President, Bombay Stock Exchange.


Section  : Opinion
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           possible' -- Mr Nabankur Gupta, Group
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