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BW Businessworld

Verbatim: Quotable Quotes

What Duvvuri Subbarao, Tim Cook, Marissa Mayer, Abidali Neemuchwala, Jes Staley and Sudhir Mathur among others, said

Photo Credit : Subhabrata Das

“Yahoo is a company that changed the world. Before Yahoo, the Internet was a government research project. Yahoo humanised and popularised the web, email, search, real-time media, and more”
— Marissa Mayer, CEO, Yahoo, in a mail sent to Yahoo employees, announcing Verizon’s acquisition of Yahoo in a $4.83-billion deal

“It does hurt the credibility of policies because the market senses that there is a difference of views between the government and the central bank. That is a negative”
— Duvvuri Subbarao, former RBI governor, suggesting that RBI and the government should work like the cabinet of ministers which despite disagreement projects a unified face

“I’m not worried about either falling revenue growth or profitability. I’m excited about profitable growth. I think we will not buy revenue by sacrificing margins”
— Abidali Neemuchwala, CEO, Wipro, when asked about future prospects for his company at a time when revenue growth for IT companies is slowing dow

“The PM has had a dramatic impact on India and the world. I think with the challenges the globe is facing now, PM Modi is a source of stability and we need that
around the world today”
— Jes Staley, CEO, Barclays, to a daily, stressing that India is an island of calm in a world beset by turbulence

“The deal (merger with Vedanta) has three more spoons of sugar in it now and it should be quite appealing to the shareholders of Cairn India, particularly
the minority shareholders”
— Sudhir Mathur, CEO, Cairn India, after Vedanta sweetened its merger offer with one equity and four redeemable preference shares up from one equity and one redeemable preference share for each share held in Cairn India

“We’re looking forward to opening retail stores in India down the road, and we see huge potential for that vibrant country”
— Tim Cook, CEO, Apple, on how India has become one of the most important markets for the company