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We are a very systems- and process- driven business which reports directly to the board, whether it is risk or legal.
I am not for buying into financial services firms because I am not sure of the quality.
We have a unique culture.
I am overall optimistic about India's growth.
Everywhere in the world, when you travel, you see structures that stand out. Historic structures and new structures. But in India, I don't see anything that stands out.
Fortunately, in Piramal Enterprises, we are in three broad sectors. One is in the whole financial services sector, the second is in pharmaceuticals, and the third is in healthcare analytics and data.
Coming to the growth potential in financial services, there is enough data to show that, usually, financial services grow about twice or two and a half times of what the economy, the GDP growth rates.
We always set ambitious goals in our group, and I have found that if you set your mind to it, you can do it ,and sometimes all the circumstances will play in your favour.
Demonetisation was always on the government's radar and was part of the plan from day one when Narendra Modi took over as prime minister, as he was concerned about the black money.
Buying a house is not an overnight decision, and people can wait for 3 to 6 months.
When we look at our business, we are not that concerned about short term valuations.
In pharma or in information, you have to invest for three or four years, and then you start seeing returns.
We take dispassionate view of our investments. Does it mean that we are looking out to monetise the investment? That is not correct. But if we get an offer that we cannot refuse, as I say, then it is not that we are not, that we will still hold on to the investment.
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.
In the pharma space, we have been growing both organically as well as through acquisitions.
We've always been influenced by some of India's greatest minds.
Normally, Indian companies follow the trend set by companies abroad. There is usually a long lag period.
In any technology, one has to be very careful to ensure that it is good and has enough safeguards.
Life looked bleak when I became chairman of the group at the age of 29. But I survived, as the Lord must have carried me when I needed Him the most.
As long as I value what I have and respect my cricket, I know I am on the right path.
When I am batting on the crease, I am the boss.
Outside cricket, I idolise Roger Federer and in the gentleman's game, I look up to Sachin Tendulkar and Rahul Dravid. Not only were they great players, but the way they conducted themselves off the field evoked respect.
For a batsman, the bat is your main weapon and you need to respect it. The more you respect it, the better it helps with your cricket.
I try not to get affected by criticism as it is unwanted and I can't control it.
I'm always looking at cars on the street or online.