Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.
I may believe in something, but if it is not working and is not giving returns, we have to close it down because that is the right thing to do for the shareholders.
Sometimes, we get mixed up when we say that profit is not important for stakeholders. Oxygen is not the reason a person lives. But it is essential to have oxygen, although it's not the only reason for a person's existence. It is similar for profit.
It is very clear for us; we will do whatever is in the best interest of Shriram shareholders.
As president, I will bring all the parties and stakeholders together. I am going to come up with a solution that respects the environment and does not cause an upheaval in the economy.
We are engaged in immediate conversations with the White House on deliberations over a successor whom we hope will continue in the general direction of Attorney General Holder.
The resignation of Attorney General Eric Holder is met with both pride and disappointment by the Civil Rights community. We are proud that he has been the best Attorney General on Civil Rights in U.S. history and disappointed because he leaves at a critical time when we need his continued diligence most.
It's hard to tell which assets will be toxic. The best way to ensure that only shareholders and banks feel it is have adequate capital.
To keep everyone invested in your vision, you have to back up a little bit and really analyze who the different stakeholders are and what they individually respond to.
Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.
