My predecessor and his predecessor had meetings with those from the media. The first time they were told we will write out our code of conduct. It was left to them. Maybe they have an in-house code of conduct. We didn’t see anything in the industry. My immediate predecessor, I am told, offered to write it out himself. I don’t think there was much response or too many takers. We hope we would be third time lucky by individually engaging people. There have been some improvements. Not that we want to take the credit, but maybe over time improvements will come. Disclosures we referred to had got that much better than I think it was previously.
-M Damodaran, Outgoing SEBI chairman

America does not have the talent. There is a huge shortage of IT professionals there.
–Azim Premji

People don’t buy clothes; they buy an identity.
–Shreyas Joshi, President, Raymond Apparel

It is becoming very difficult to plan a strategy in advance, with a completely dynamic environment and regulation, particularly for the banking industry.
-Naina Lal Kidwai, CEO, HSBC India