We need schools like Doon and Mayo for the poor.
— Shiv Nadar
A residential school also takes cares of the problem of malnourishment and interaction with their peers, and their teachers help build the qualities of a leader.
The U.S. healthcare industry is undergoing radical transformation with the Affordable Care Act. Evolving thought and business models have little semblance to present mechanisms.
The Bharat Ram family was into philanthropy a way earlier. They build institutes such as Shri Ram College of Commerce, Lady Shri Ram College, and Shri Ram Schools. They are very inspiring.
The IP is a completely different side of the IT, and that is what we want Vijayawada for.
I firmly believe that philanthropy is most effective and outcome-oriented when you ensure that your pledge actually gets spent.
Supposing I write out a cheque for a billion dollars to the foundation, does it mean anything? There must be evidence of philanthropy. Otherwise, I'm sitting with that money, earning interest exactly the way in my holding company.
My student days in PSG saw three Prime Ministers, two wars, taught us courage, resilience, leadership and optimism.
Since its inception, HCL's core focus area has been technology and product development, and hence, we continued to remain in the high end of technology throughout the '90s.
The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students.
Most people make poor partners because their mental script has a defect. They believe focus means looking after their own interests. It's a script error.
Our belief is that aspirations, meritocracy, and a world class institution are the three ingredients our country needs.
After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way.
At what age did Warren Buffett come into philanthropy? At 76. He gave a very good reason. He said his wife was considerably younger than him. And all Americans believe they would live till 80, and they do live till 80. He told his wife that when he is gone, she should take care of whatever they need to do.
We didn't create an institution to increase land value or asset value.
There is only one entity which I built, which is HCL. And the legacy which I want to leave behind that is in my name. There is only one thing which bears my name in the doorsteps - that is only the University and the foundation. And that legacy will not have a price tag.
The government of India is consistently very advanced. When the world was hesitant on UNIX, we were the first to move in; the RBI said that all banks will implement on UNIX. It worked!
Since Graham Bell came up with telephony, it took 100 years for the way the technology has impacted our lives, the way we perceive the world.
We need a world class institution which will create leaders out of the children who have not had a good start in life.
The SSN Institute will be expanded in areas such as liberal arts, social sciences, natural sciences, communications.
In philanthropy, you have to take the attitude of a mother... You have to be patient, and we have been very patient for a long time.
I believe good corporate governance is critical in enhancing competitiveness and creating industry - leading profitable growth and superior returns for every stakeholder of the institution.
In South, getting admission in SSN is not possible just because someone is my relative. One of the ministers said SSN is the only institution where I can't get a seat for anyone. That's true of Uttar Pradesh and Delhi governments, too.
Like education, healthcare also needs to be given importance.
Adaptability and constant innovation is key to the survival of any company operating in a competitive market.
Even before the world had any cognizance of India as an economy, HCL had made a mark with its microprocessor in the '80s. HCL pioneered modern computing.
Education is taken for granted. Teaching shops are different from building character.
Globally, as work is re-distributed to various countries, infrastructure will have to be managed remotely.
All businessmen - how do they communicate? God knows. Sign language, probably.
Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated.
If you are calm about your ambitions, you become confident of achieving what you set out to do.
The moment I write out a cheque, it's an asset I have written off.
HCL is a corporation. It is for profits. A corporation stands for its shareholders, its profits, its employees, its discoveries, and its customers.
If you have excellent people, then you have to give them the power.
Any school which wants to create an impact on the society should work on creating leaders.
The need is schools dedicated exclusively to the rural segment. If we have a child from a village and a city studying in the same class room, the former is bound to lag behind because children from the urban areas have a better start.
We got our land at the right time, but when we go for additional land for our schools or the museum, there will be extra cost.
An 18-year-old is good enough for our business, and we can teach them engineering in two years.
Education is a very large area, and we have our hands full. For example, SSN has to become a university; we have to keep adding departments like it is with universities in the U.S.
I never second-judged my mother.
The anti-Hindi agitation changed the entire face of Tamil Nadu with a local party emerging on the top, relegating the Congress.
When you are running a business, there is a constant need to reinvent oneself. One should have the foresight to stay ahead in times of rapid change and rid ourselves of stickiness in any form in the business.
Union Budget 2012 has supported industry's long time demand to improve the provision and standards of education in the country.
I was born in Tamil Nadu. I built HCL in UP. The first computers of the world were built in UP, and the UP government has supported us all through.
If you look at the leading Indian IT companies, Cognizant is not active in business process outsourcing, and neither is Satyam.
It's rare to find an Indian who speaks Chinese. It's rare to find a Chinese who can speak any of the Indian languages. Neither of them at the trading level - I want to repeat this, at the trading level - can speak English, either.
One time, the teacher was the storehouse of knowledge. That will no longer be so. So what would a teacher do? A very good teacher will play the role of augmenter. Also, the teacher will be located anywhere and helping students.
Any organisation has to go through at least one depression to see how it survives, and a normal economic cycle takes seven years.
Government, in its ultimate form, is the biggest philanthropher based in the world. And Bill Gates also said that he could do a small part of what the government can do, which is business philanthropy, equalling people and making sure there is inclusiveness.
When I got started in my own engineering course, my interest in physics and maths was very high. After all, engineering is all about applied maths and physics. If I were to learn anything further in physics or mathematics, it simply was not there.
