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" Our belief is that aspirations, meritocracy, and a world class institution are the three ingredients our country needs. "
Shiv Nadar
World
Class
Country
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" If you go to Wall Street, there is someone from Harvard, Stanford, etc, who relate to each other by the batch they studied in, the dorm they lived in, and so on. "
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" The moment I write out a cheque, it's an asset I have written off. "
Shiv Nadar
Moment
I Write
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" We didn't create an institution to increase land value or asset value. "
Shiv Nadar
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" If you have excellent people, then you have to give them the power. "
Shiv Nadar
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Give
People
" Education is taken for granted. Teaching shops are different from building character. "
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" As a product of education, I have always believed in the power of education as the most powerful, high-impact catalyst for transformation. Look at the impact that the Indian Institutes of Technology have had globally. "
Shiv Nadar
Education
Power
Powerful
" In the future, there are going to be various components of doing business that have to be looked at. "
Shiv Nadar
Future
Business
Going
" 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? "
Shiv Nadar
Study
Good
Learn
" 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. "
Shiv Nadar
Independence
You
Wealth
" 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. "
Shiv Nadar
Vision
Purpose
Good
" If you are calm about your ambitions, you become confident of achieving what you set out to do. "
Shiv Nadar
You
Confident
Achieving
" Since Graham Bell came up with telephony, it took 100 years for the way the technology has impacted our lives, the way we perceive the world. "
Shiv Nadar
Technology
World
Years
" 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. "
Shiv Nadar
Future
Work
Job
" HCL is a corporation. It is for profits. A corporation stands for its shareholders, its profits, its employees, its discoveries, and its customers. "
Shiv Nadar
Employees
Shareholders
Customers
" 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. "
Shiv Nadar
Communication
Engineering
Science
" We need a world class institution which will create leaders out of the children who have not had a good start in life. "
Shiv Nadar
Start
Children
Good
" A residential school also takes cares of the problem of malnourishment and interaction with their peers, and their teachers help build the qualities of a leader. "
Shiv Nadar
Leader
Help
Teachers
" 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. "
Shiv Nadar
Foundation
Want
Price
" 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. "
Shiv Nadar
Care
Age
Believe
" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "
Shiv Nadar
Fund
Flow
Up
" We need schools like Doon and Mayo for the poor. "
Shiv Nadar
Schools
Poor
Need
" My daughter has no interest in succeeding me in the business. She is going towards social entrepreneurship, an area she is interested in. "
Shiv Nadar
Daughter
She
Business
" 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. "
Shiv Nadar
Foundation
Balance
Philanthropy
" I believe good corporate governance is critical in enhancing competitiveness and creating industry - leading profitable growth and superior returns for every stakeholder of the institution. "
Shiv Nadar
Believe
I Believe
Good
" My colleagues and I were engineers who worked for DCM's calculator division. These electronic calculators used digital integrated circuits, and then they started using chips. The advanced versions of those chips were used for programmable calculators, which were the forerunners of PCs. "
Shiv Nadar
Colleagues
Digital
Division
" My role in the business is to use my judgment. All these years of experience have given me a clear head, and I can give a nonpartisan view with a sense of distance. "
Shiv Nadar
Me
Business
Distance
" 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. "
Shiv Nadar
People
Government
Business
" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "
Shiv Nadar
Enough
Business
Good
" My daughter is very happy doing philanthropy, especially in the schools. "
Shiv Nadar
Daughter
Happy
Doing
" In South, getting admission in SSN is not possible just because someone is my relative. One of the ministers said SSN is the only institution where I can't get a seat for anyone. That's true of Uttar Pradesh and Delhi governments, too. "
Shiv Nadar
Someone
Just Because
Only