Smart Quotes

 The job shift to India is not only inevitable but in America's interests. There is no job that is America's God-given right any more. We have to compete for jobs.

HP chief Carly Fiorina in The Times of India.

 Markets always test your conviction when you make investments. Retail investors cannot and should not look at price movement on an hour-by-hour or day-by-day basis.

Gul Tekchandani, CIO, Sun F&C, in Business India.

 One of the things that we did (at UTI) is to separate the functions of CEO and CIO. In an AMC, it's the CIO who provides value to the investor. A CEO just minds the store. If the store is looked after by everybody else, you don't need a storekeeper.

M Damodaran, chairman, Unit Trust of India, in Businessworld.

 Most major economic areas around the world are gradually becoming more dependent on the health of the US economy. We are globalising in a way that dependence on the US economy is becoming stronger.

Supachai Panitchpakdi, head, World Trade Organisation, in Fortune India.

 It is easier to chase size and profits than small investors.

The head of a foreign AMC in Outlook Money.

 People have internalised the lessons from the (IPO) boom and the crash. It's just not possible now to bring out crappy companies.

Tom Toubridge, head of London-capital markets group PricewaterhouseCoopers, in Businessweek on the new interest in tech IPOs in Europe.