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BW Businessworld

Verbatim: Quotable Quotes

We have always been in dialogue with banks, saying: ‘We wish to settle’. But we wish to settle at a reasonable number that we can afford and banks can justify on the basis of settlements done before: says Vijay Mallya

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“Looking to the future, the next big step will be for the very concept of the “device” to fade away. Over time, the computer itself — whatever its form factor — will be an intelligent assistant helping you through your day”
— Sundar Pichai, CEO, Google, predicting the end of computers in the Founder’s Letter to employees as devices are replaced by AI assistants

“We have always been in dialogue with banks, saying: ‘We wish to settle’. But we wish to settle at a reasonable number that we can afford and banks can justify on the basis of settlements done before”
— Vijay Mallya, chairman, UB Group, who flew to the UK last month, says bankers “are not getting any money” by taking away his passport or arresting him

“Volkswagen is far more than crisis”
— Matthias Mueller, chief executive, Volkswagen, at the group’s annual news conference after the emissions-cheating scandal pushed VW into its first year-end loss in more than 20 years last year

“We have seen over a period of time that manufacturing in Britain has been on a decline. If we were at the same electricity costs as Germany, then (Tata Steel UK) would be 40 million pounds better off, and we would not be having negative numbers. We would not be selling the business if we were not losing money”
— Bimlendra Jha, CEO, Tata Steel UK, to a British parliamentary committee

“This too shall pass”
— Tim Cook, CEO, Apple, in a call with analysts after the firm’s dismal results were announced. The company reported a nearly 13 per cent fall in Q2 2016 sales against the same period the previous year

“Donald is a businessman — at the end of the day he will see what is in the best interest of his country”
— Akbar Al Baker, CEO, Qatar Airways, believes Donald Trump the president would be very different than Donald Trump the campaigner