The new team is in the saddle.

If people are not laughing at your goals, your goals are too small.

It is no longer the issue of whether one should focus on China, or India versus China, but of India and China.

We must overhaul our land laws, taxes and information system. Some 90 per cent of land in India is subject to legal disputes over ownership.

We hire on requirement basis and not on anticipation.

Our financial solutions and technology businesses delivered yet another quarter of double digit growth. Similarly, services such as testing, technology infrastructure management and enterprise application services grew ahead of the overall growth rate.

Looking ahead, the prospects for growth looks exciting, … We exited the quarter ended September 2005 with the strong tailwind of business momentum. The challenge we have is to sustain and build upon it.

My company believes in hiring people based on merit.

The dividend payouts will be more generous than in the past two years and will be broadly in line with what we told investors in the last quarter,

We believe this combination of excellence in operations and strong execution of our strategy is critical to achieve our vision. We will continue to focus on both in future as well.

I think they are getting their act together now. Fundamentally GM is a very strong company. I think it will pull out of it faster than people expect them to.

The global IT business sustained its momentum recording double-digit volume growth sequentially resulting in revenues (from the information technology business alone) for the quarter being 430.7 million dollars against our guidance of 422 million dollars.

The strategic initiatives we propose to undertake as part of our plan over the next few years position us well to lead this evolution.

Our clients are under a lot of pressure to get new products faster into the market. Their core employment isn’t adequate for it, so they’re looking for partners who can do it for them.

We compete with global companies and are primarily in the services business, which is highly people dependent.

For us Japan is a much higher priority. We find there are challenges in China — the stability of people, intellectual property, uncertain cash flows. They are hard-working people but they don’t have democracy. When...

It is heading to be the IT capital of the country. That’s very good.

Though delivery of superior solutions to our customers and creating sustainable value to the shareholders remain unchanged, we are devising strategies in anticipation of challenges and opportunities to focus on execution for higher operating productivity.

The results for the third quarter (October-December) signal the next phase of growth. Revenue from IT business at $473 million (Rs.21.2 billion) was ahead of the guidance figure of $463 million (Rs.20.6 billion) projected in...