Reuters Blogs

Summit Notebook

Exclusive outtakes from industry leaders

Author Archive

December 7th, 2007

Audio - What keeps the MphasiS MD awake at night?

Posted by: Dilipp Nag

deepak_patel.JPGTry the fact that in the youth-skewing software services industry, young people, fresh out of school, are leading entire teams of people.

You have dynamics where 18-year olds are managed by 19-year olds, are managed by 22-year olds, and they have an awful lot of power,? MphasiS Managing Director Deepak Patel said at the Reuters India Investment Summit.

So a key worry is whether team members and employees are being properly taken care of, he added.

Patel was one of the featured guests on the final day of the summit, held in Mumbai and Bangalore, India.

To hear Patels comment, click on mphasis_worries.mp3

 

 

December 7th, 2007

Audio- No cheap buying for Wipro

Posted by: Dilipp Nag

suresh_senapaty1.jpgAs Wipro looks to expand its global footprint and develop new capabilities, the inorganic route is always an option.

But the company is not on the lookout for cheap buys, Suresh Senapaty, CFO of Wipro, said at the Reuters India Investment Summit.

Senapaty was one of the featured speakers at the summit, which brings exclusive news and views from leading corporate and banking executives.

To hear Senapatys comment, click on wipro_no_cheap_buys.mp3

December 7th, 2007

Audio The intelligent investor?

Posted by: Dilipp Nag

suresh_senapaty.jpg

The kind of investments one makes tells a lot about the risks one is willing to take. But do they also suggest something about the companies these individuals run?

At the Reuters India Investment Summit, two of Indias top IT executives shared how they would invest a $50 million bounty.

Suresh Senapaty, CFO of Wipro, would not hesitate putting the money to work in stocks of decently managed? companies. But he shies from short-term punting. 

On the flip side, Infosys CEO S. Gopalakrishnan prefers the safety that mutual funds and bonds offer. I dont dabble in the stock market and things like that,? he said. 

s-gopalakrishnan.jpgBut a significant portion of his investments is still in Infosys, a company he helped set up.

Gopalakrishnan and Senapaty were featured guests on the final day of the summit, held in Mumbai and Bangalore, India.

To hear Senapatys comment, click on wipro_investment.mp3

To hear Gopalakrishnans comment, click on infosys_investment.mp3

December 6th, 2007

Audio Wheres a good place to park $50 mln in India?

Posted by: Dilipp Nag

kiran-mazumdar-shaw1.jpgIf Biocons Kiran Mazumdar-Shaw were handed $50 million to invest in India, she would put the money into an innovative diagnostics company.

Diagnostics is a huge opportunity for India,? Mazumdar-Shaw said at the Reuters India Investment Summit.

Mazumdar-Shaw was one of the featured speakers at this years summit, which runs through Friday in Mumbai and in Bangalore, India.

To hear Mazumdar-Shaws comment, click on kiran-mazumdar-shaw_diagnostics.mp3

December 6th, 2007

Audio Kirans regret

Posted by: Dilipp Nag

kiran-mazumdar-shaw.jpgEver wondered if one of Indias richest businesswomen has any regrets? 

How about - no MBA! 

Kiran Mazumdar-Shaw, who set up Biocon in her garage in Bangalore in 1978, says going to business school could have helped grow her company a lot faster. However, she ended up learning on the job. 

I feel like Ive gone to lifes business school,? instead, Mazumdar-Shaw said at the Reuters India Investment Summit in Bangalore on Thursday. 

To hear Mazumdar-Shaws comment, click on kiran-mazumdar-shaw_business_school.mp3