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BW Businessworld

Verbatim: Quotable Quotes

The obstruction of GST is now not a Lok Sabha issue, but has become a Gram Sabha issue! The public in states like UP, Bihar and West Bengal will be the biggest beneficiaries. Therefore, I do not think any political party will try to commit suicide by opposing GST

Photo Credit : Bloomberg

“The obstruction of GST is now not a Lok Sabha issue, but has become a Gram Sabha issue! The public in states like UP, Bihar and West Bengal will be the biggest beneficiaries. Therefore, I do not think any political party will try to commit suicide by opposing GST”
— Narendra Modi, Prime Minister of India, in an interview to a daily

“The ‘leave’ people said we were fear-mongering, and now we’re already in crisis, and the UK hasn’t even left yet. This is why the leave side is dangerous.

They didn’t think it would happen, they never confronted these issue. All their promises are completely bull. They have no idea what to do next”
— Michael O’Leary, CEO, Ryanair, believes that Brexit, despite all you had heard, is not actually going to happen, ever and Britain will suffer a steep recession

“The media is screaming about £900 million ($1.16 billion). What nobody cares to mention is that Kingfisher Airlines has launched a counter-claim on the banks themselves under lenders’ liability for £380 million. Which is also being argued in court”
— Vijay Mallya, founder of the now defunct Kingfisher Airlines, at an event, claiming that the amount he owes to banks is probably half of what the media
is reporting


“I sympathise with Rajan, whom I know and respect a great deal. Under the circumstances, he has handled himself with dignity and respect. His departure is a national loss at this critical time in the development of India”
— Sam Pitroda, who was technology advisor to prime minister Rajiv Gandhi in the mid-1980s, on RBI governor Raghuram Rajan to a daily

“Like private banks, we would have created huge domestic companies. Instead, we are seeing a behemoth called Amazon eating everybody’s lunch. It’s stupid, silly policy”
— Shankar Sharma, vice-chairman and joint managing director, First Global Stockbroking, the introduction of 100 per cent FDI in the ‘marketplace’ model for e-commerce companies dealt a death blow to many of the home-grown e-commerce players

“If you want to sue us, sue us. It’s an opportunity for us to let them understand what we are doing”
— Jack Maa, founder and executive chairman, Alibaba, referring to the US Securities and Exchange Commission (SEC) probe earlier this year into the Chinese e-commerce firm’s accounting practices to determine whether it violated federal laws