Voices

`It's back to the basics. Its about profits, cash flow and productivity. It is not about sizzle or new technology.' -- Mr John Chambers, President & CEO, Cisco Systems.

`Indian Oil or any other PSU can participate in the bidding process for strategic sale of IPCL.' -- Mr Arun Shourie, Minister for Disinvestment.

`Strict implementation of power projects would be the vital factor in spurring project investments.' -- Comment by the Reserve Bank of India.

`The 20-25 per cent fall in revenues after September 11 will impact profits but it does not mean we will show a loss.' -- Mr Zubin Dubash, Executive Director, Indian Hotels.

`In five years there will be one third fewer companies and the other two thirds will be stronger in the specialty chemicals industry.' -- Mr Armin Meyer, Chairman, Ciba Specialty.

`We will gain more market share in the slowdown and grow our cash relative to industry at a speed we have never been able to do.' -- Mr John Chambers, President & CEO, Cisco Systems.

`We are studying the franchisee models of McDonald's and Domino's and the marketing strategies of Eureka Forbes.' -- Mr Pramod Khera, CEO, Training & Education, Aptech.

`FI s and banks may invest in the equity of the Asset Reconstruction Company in proportion to their NPAs.' -- Mr Yashwant Sinha, Finance Minister.

`We still have to get back Rs 90 crore of the Rs 220 crore liability from the promoters. This is expected shortly.' -- Mr Rajesh Jain, President (Corporate Affairs

`Indian services sector - software and tourism in particular - are likely to suffer from drop in external demand and heightened security concerns.' -- Mr Frank J Polman, Asian Development Bank.

`The diversification into product services (through acquisition of Compaq Archive) is to hedge against market uncertainty.' -- Mr Som Mittal, President & CEO, Digital GlobalSoft.

`The decision to join forces with Adexa is part of our endeavour to partner with the best of technology breed providers.' -- Mr Mohan Eddy, Senior Vice-President, Satyam Computer.