“I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.”

What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.

I don’t think Indian e-commerce companies have an evolved business model.

These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.

Bull markets are Test matches and not 50-over games.

I started my life with Rs 5,000.

Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.

There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.

See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.

Everything which is good in life is dicey, including pretty girls.

My true gods are my parents. I am what I am because of them.

The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.

What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.

I want to give more time to my children, my family, to my health.

In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.

Markets tend to shake you up before a bull run.

Impossible is the word for fools in my dictionary.

All true things must change and only that which changes remains true.

It is easier to make progress on mega-ambitious dreams. Since no one else is crazy enough to do it, you have little competition.

My job as a leader is to make sure everybody in the company has great opportunities, and that they feel they’re having a meaningful impact.

Do not swallow bait offered by the enemy. Do not interfere with an army that is returning home.

We innovate by starting with the customer and working backwards. That becomes the touchstone for how we invent.

Chance favors the prepared mind. The more you practice, the luckier you become.

Anything worth doing is worth doing well.

As a precaution, we’re making machines extremely heavy with very tiny legs.