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Archive for the ‘India Investment’ Category

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

December 6th, 2007

Audio - India a “safe heaven” for foreign money

Posted by: Nishant Kumar

hsbc-naina-lal-kidwai.jpgWorried that Indian curbs on participatory notes will slow the influx of foreign capital into India? Relax, says Naina Lal Kidwai, Country Head of HSBC India. Overseas money will continue to chase rapidly growing Indian corporates, which the world regards as “safe heaven” bets amid global uncertainty, she said at the Reuters India Investment Summit in Mumbai on Thursday.

To hear Kidwais comment, please click hsbc-naina-lal-kidwai.mp3

December 6th, 2007

Audio - Big Pharma in for big change

Posted by: Nishant Kumar

ranbaxy-malvinder-singh.jpgThink you know what the future holds for big pharmaceutical firms and their generic counterparts? Think again, says Ranbaxy Laboratories Ltd Chief Executive Malvinder Singh, who believes a sea change is underway that will blur those lines and reshape the industry.

To hear Singh’s comment, please click ranbaxy-malvinder-singh.mp3 

December 6th, 2007

Audio - IT no longer India’s “it” sector

Posted by: Nishant Kumar

ubs-manisha.jpgIndia’s information technology firms may no longer be the “darlings” of the economy as they suffer from the subprime fallout, but that’s not such a bad thing, says Manisha Girotra, managing director and chairperson for UBS India. A healthy dose of difficult times may help diversify an economy that’s a little too in love with its outsourcing and technology titans, she told the told Reuters India Investment Summit on Thursday.

To hear Girotras comment, please click ubs-manisha-girotra.mp3

December 6th, 2007

Audio - $20 billion and counting as India shops abroad

Posted by: Nishant Kumar
chanda-pic.jpgTata Steel’s $13 billion deal to buy Corus this year was the tip of India’s acquisition iceberg, says the top financier of India’s ICICI bank, the largest in the private sector. Chanda Kochhar, who is also the bank’s joint managing director, said at the Reuters India Investment Summit in Mumbai that cashed-up corporates will keep shopping abroad to access new markets or lock in raw materials — providing a nice pipeline of potential deals for a bank that had a piece in 88 percent of outbound investments this year.
To hear Kochhar’s comment, please click icici-bank-chanda-kochhar.mp3
December 5th, 2007

Audio - Merrill’s Holland sees rural growth, infrastructure powering India’s economy

Posted by: Nishant Kumar

andrew-holland-2.jpgRural development and rising investment in infrastructure will power economic growth in India to 10 percent over the next three years but the software and real estate sectors could suffer from a slowdown in the west and a rising rupee, Andrew Holland, managing director of DSP Merrill Lynch Ltd’s Strategic Risk Group told Reuters India Investment Summit on Wednesday. Holland, who has been in India more or less 10 years, expected the oil and gas sector to be one to watch and said power would get a boost from infrastructure spending. 

To hear Holland’s comments, click on holland-rural-growth.mp3