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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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" When you take the best of universities in the world, all of them have research and education contiguous; the person who teaches you could be a Nobel laureate. Some subjects are at the tri-junction of many subjects put together. "

Shiv Nadar

Best

Education

Together

" 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. "

" Any organisation has to go through at least one depression to see how it survives, and a normal economic cycle takes seven years. "

Shiv Nadar

Normal

How

" We need schools like Doon and Mayo for the poor. "

" 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. "

" If you get to think of sharing wealth with people who need it and the purposes that need it, it gives a very different sense of satisfaction. I think I can build an institution which is very unlike the Gates' foundation. Gates' foundation is totally project-driven, that will serve a specific purpose and then self-destruct. "

" 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. "

" It is good to start as young as you can. What is more important is to carve out your vision and assess your readiness to start giving. Commitment and purpose are core to giving. "

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

" I was a very good student. But I didn't have the latitude to study more. I was never allowed to do anything cross-disciplinary. Why can't an engineering student learn physics? "

" A founder can carry an institution only so far, and then others have to step in, even the alumni. That's how an institution becomes one. "

" 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. "

" If you have excellent people, then you have to give them the power. "

" 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. "

" If you are calm about your ambitions, you become confident of achieving what you set out to do. "

" All businessmen - how do they communicate? God knows. Sign language, probably. "

" 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. "

" There is a disconnect in education and work. And corporates don't do a great job of skilling. In future, corporates and educational institutions will work closely. "

" 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. "

" My student days in PSG saw three Prime Ministers, two wars, taught us courage, resilience, leadership and optimism. "

" 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. "

" Research is creation of knowledge which leads to new and efficient solutions for the society. Shiv Nadar University, therefore, believes in being at the forefront of research. To create new knowledge, one needs to solve open-ended problems, which basically make one think on one's own. "

" 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. "

" 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. "

" 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. "

Shiv Nadar

Government

Born

" I am good at conceptualizing and building institutions. "

" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "

" The 1980s were fantastic. This was a time when we were at the peak of our creative work. The question of whether we would exist or not - something which everybody used to ask, including ourselves - stopped. Profits kept pace with growth requirements. HCL had credibility - that was the biggest barrier we had to break. "

" I would like to share something that is being done extremely well by Bill Gates through the Bill & Melinda Gates Foundation. The foundation is only going to address areas which are seen by Bill or Melinda as ills of the world. The foundation has no perpetuity. "

Shiv Nadar

World

Going

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