Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Verbatim: Quotable Quotes

These assumptions and statements in the HSBC report make it look like they’re coming from someone who doesn’t — and hasn’t bothered to — understand the space well: Deepinder Goyal, founder and CEO, Zomato

Photo Credit : Ritesh Sharma

“In my opinion, RBI’s governor is not appropriate for the country. He has hiked interest rates in the garb of controlling inflation that has damaged
the country”
— Subramanian Swamy, BJP leader, holding RBI governor Raghuram Rajan responsible for “unemployment and collapse” of industrial activity in the country and calling for his removal from the post

“This is not about the money. To me this is all about if I can play a small role in improving Valeant and (if) that has a beneficial impact on the entire pharmaceutical industry, I think I will have done something that is important”
— Joseph Papa, CEO, Valeant Pharmaceuticals, clarifying that he hasn’t taken up the assignment for its fat pay — he stands to receive over $67 million

“These assumptions and statements in the HSBC report make it look like they’re coming from someone who doesn’t — and hasn’t bothered to — understand the space well”
— Deepinder Goyal, founder and CEO, Zomato, hitting back at a report by brokerage HSBC that claimed the restaurant search and food delivery startup was overvalued.
HSBC estimates Zomato is valued at $500 million, not $1 billion as many believe



“The problem is once a loan gets into problems, the recovery process is much longer than earlier. It is not happening as fast as one would like it to. If one goes into the ditch, getting out of that ditch is much tougher than before”
— Uday Kotak, vice-chairman and managing director, Kotak Mahindra Bank, stating that both Debt Recovery Tribunals and Debt Recovery Appellate Tribunals are “bottlenecks” that take time

“There is no point in speculating about a plan B”
— Harald Krueger, CEO, BMW, believes it is too early to plan for possible changes affecting the company’s British carmakers Mini and Rolls-Royce if Britons vote in the national referendum on June 23 to leave the European Union

“Didi exemplifies the innovation taking place in the iOS developer community in China. We are extremely impressed by the business they have built and their excellent leadership team, and we look forward to supporting them as they grow”
— Tim Cook, CEO, Apple, after Apple invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Cook believes would help the company better understand the critical Chinese market