Shiv Nadar

Businessman

1945-07-14

Quotes by Shiv Nadar

• 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.

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• Education is and will be the most powerful tool for individual and social change, and we must do all that it takes to facilitate it.

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• A press statement may be given with a very good intention, but it says nothing beyond it. If it comes from corporations they run, then it is corporate social responsibility (CSR). That's different from philanthropy. CSR is a lot of shareholders, including me.

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• The SSN Institute will be expanded in areas such as liberal arts, social sciences, natural sciences, communications.

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• Any institutions' alumni are key to its growth. We are focused on giving a global experience to our students.

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• My daughter has no interest in succeeding me in the business. She is going towards social entrepreneurship, an area she is interested in.

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• On Sundays, we would travel to the town and watch English movies. This way, we must have ended up watching some 1,000 movies during college.

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• 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.

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• Adaptability and constant innovation is key to the survival of any company operating in a competitive market.

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• 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.

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• Education is taken for granted. Teaching shops are different from building character.

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• 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.

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• 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.

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• What happens to a private company that comes out with a quarterly report and an annual report? It gives transparency. It talks of basic issues of governance and transactions with related parties.

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• To us, the definition of philanthropy is what we spend. A P&L account means expenditure, lines of revenue. There is a surplus; it goes to the balance sheet. A transparent foundation should disclose this.

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• At the undergraduate level, SNU has a unique 'Opportunities for Undergraduate Research' programme. Students are encouraged to undertake research programmes at the undergraduate level and get trained in the interdisciplinary research.

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• 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.

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• Shiv Nadar University has five schools with 16 departments offering 14 undergraduate, 10 master's and 13 doctoral programmes. The demand for engineering courses - computer science, engineering, electronics, communication engineering, mechanical engineering - is slightly on the higher side compared to other engineering courses.

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• 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!

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• 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.

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