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BW Businessworld

Verbatim: Quotable Quotes

What Kunal Bahl, Indra Nooyi, Ratan Tata, Sunil Sood, Marcus Schenck, Acharya Balkrishna and others said

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“India needs localised innovations. Yes, it might be a bubble and many won’t survive. Those which do, will change the rules of the game. From a bubble emerges new business models”
— Kunal Bahl, co-founder and CEO, Snapdeal, at a conference

“We are coming back from a humongous loss position, if we turn this around over the next two years — and we said that 2018 will be the first ‘clean’ year, if we really make that work and achieve our targets — then I think this is a very attractive place to be”
— Marcus Schenck, chief financial officer, Deutsche Bank, after the bank reported a fourth-quarter net loss of €2.1 billion and full-year net loss of €6.8 billion

“Ours is not a corporate culture — it is a spiritual culture and it is purpose-driven”

Acharya Balkrishna, managing director, Patanjali, explaining why in the past six months, as many as 250 executives have joined Patanjali from established fast-moving consumer goods companies

“Over my several decades in business, I’ve never seen this combination of sustained headwinds across most economies, combined with high volatility across global financial markets”
Indra Nooyi, CEO, PepsiCo., referring to the current bumpy environment in the world economy and the stock markets

“Any new player gives a chance to other industry players to re-examine themselves and get more innovative, which ultimately benefits the customers”
Sunil Sood, CEO, Vodafone India, referring to Reliance Jio’s soon-to-be-launched 4G services

“What we lacked is thinking big enough for the growth that we could achieve”
— Ratan Tata, chairman Emeritus, Tata Sons, urging governments, especially in Maharashtra to keep pace with growth and think big in skilling, innovation and infrastructure