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Spirituality permeates all aspects of your life and business is just one part of your life. ”
We never thought about getting into banking, as it is not an attractive business as perceived generally. This was also not a consideration when we decided to invest in Shriram Group. ”
When we look at our business, we are not that concerned about short term valuations. ”
Textile mills are not a very high-margin business and have fixed overheads, so it was challenging. But I think it is only in challenges that you get opportunities. ”
There is nothing similar between the pharmaceutical and textile business. ”
We will follow in letter and spirit whatever the RBI rules and guidelines are - whether at the holding company level or individual company level. ”
When we exited the textiles business, we paid our bankers and labourers. We must have been the only company to do that. ”
We have been successful in buying and selling companies because we have a reputation of fulfilling deal terms in letter and spirit. ”
Our organisation and culture is based on professionalism and values. I think my children reflect both. ”
We are a very systems- and process- driven business which reports directly to the board, whether it is risk or legal. ”