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 Prithvi Haldea, CEO, Prime Database, in Businessworld

 We have heard of the dictum, 'art for art's sake', we have seen and continue to see 'ministers for ministers' sake'. Now we have a new principle, thanks to disinvestment minister Arun Shourie, and that is 'reforms for reforms' sake.

 Former union finance minister, P Chidambaram, in

 Fortune India

 True competition invests in facilities. True competition innovates, provides a differentiated product to customers and cares about service. While, false competition relies on subsidies and ultimately hurts everyone's ability to raise capital and invest.

 Edward Whitcare, CEO, SBC, in The Times of India

 The globalisation journey is long and risky, and can take 10 or more years. What it takes to be a global champion is long-term commitment, a sustained effort and systematic investments.

 Rajat Gupta, senior partner, McKinsey & Co, in

 Business Line

 For the first time in five years, upgrades exceeded downgrades across the manufacturing, finance and infrastructure sectors. It is hard not to be positive about economic prospects.

 Roopa Kadwa, executive director and chief rating officer,

 Crisil, in Fortune India

 It makes sense to permit mutual funds to structure themselves the way people think of them - as services bought based on performance and cost.

 Steven Wallman, former SEC commissioner, in

 Businessweek

 At the rate at which the rest of the world is now making net investments in the US, it could annually buy and sock away nearly 4 per cent of our publicly traded stocks.

 Warren Buffet, CEO, Berkshire Hathway in Fortune

 

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First Published: Nov 17 2003 | 12:00 AM IST

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