Ajay Piramal

People say values are expensive, but I say they create economic value.

Our organisation and culture is based on professionalism and values. I think my children reflect both.

In pharma, we continuously look for acquisitions... if it makes strategic sense and if there is any value.

Our risk systems and processes - we keep investing and improving them.

We are a very systems- and process- driven business which reports directly to the board, whether it is risk or legal.

Manufacturing is finite, but human intellect is infinite. Textile is all about manufacturing, and industries like pharmaceuticals are all about human intellect.

Normally, Indian companies follow the trend set by companies abroad. There is usually a long lag period.

There will be good times, and there will be bad, but one has to, to the extent possible, take things in one's stride.

The Internet can bring us much closer to the developed world.

In any technology, one has to be very careful to ensure that it is good and has enough safeguards.

You cannot have the financial system crippled because of lack of decision making and lack of quality people.

Our responsibility is to maximise shareholder value, and if that means we can make short-term investment where we can maximise short-term value, we can do that.