Voices

``Agricultural growth is likely to be positive. But the slump in industrial growth and exports would even out the gains.'' -- Dr Bimal Jalan, Governor, Reserve Bank of India.

``It is up to the industry to take signals from the central bank and act upon them.'' -- Mr Yashwant Sinha, Finance Minister.

``IDBI is in the process of preparing the road map for universal banking.'' -- Mr P. P. Vora, Chairman, IDBI.

``The RBI has sent a clear signal on the direction (down) in which interest rates have to move.'' -- Mr Janki Ballabh, Chairman, State Bank of India.

``RBI's credit policy is directionless. It should have cut bank rate by 100 basis points.'' -- Mr Anil Singhvi, Director (Finance), Gujarat Ambuja Cements.

``Cost-control and branding are expected to help TISCO improve performance in the second half of 2001-02.'' -- Mr B. Muthuraman, Managing Director, Tata Steel.

``NIIT expects to end 2001-02 with the same operating profits as last year' -- Mr Rajendra Pawar, Chairman, NIIT.

``Outsourcing as an area of business is very important for TCS.'' -- Mr S. Ramadorai, CEO, Tata Consultancy Services.

``There is pricing pressure. People are looking for better value for money and careful on what they spend.'' -- Mr Mohandas Pai, Chief Finance Officer, Infosys Technologies.

``The telecom sector did decline and we expect a 10 per cent fall in revenues in the October-December quarter.'' -- Mr Vivek Paul, Vice-Chairman, Wipro.

``livizi.com is a new initiative from Dr Reddy's Labs to make healthy living easy.'' -- Mr Satish Reddy, Chief Operating Officer, Dr Reddy's Laboratories.

``We would continue to lay stress on financial engineering and getting more value out of assets.'' -- Mr T. Ananthanarayanan, Executive Director (Finance), Ashok Leyland.