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" Though easy to define, it is important to understand the significance of philanthropy. I believe it is really a state of mind: where one feels empowered and equipped to fill the huge gaps in the existing system. "

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

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" 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 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. "

" In the future, there are going to be various components of doing business that have to be looked at. "

" The anti-Hindi agitation changed the entire face of Tamil Nadu with a local party emerging on the top, relegating the Congress. "

" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "

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" 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. "

" My daughter is very happy doing philanthropy, especially in the schools. "

" 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. "

" 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 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. "

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

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

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

" Any school which wants to create an impact on the society should work on creating leaders. "

" Like education, healthcare also needs to be given importance. "

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Importance

Education

" In philanthropy, you have to take the attitude of a mother... You have to be patient, and we have been very patient for a long time. "

" On Sundays, we would travel to the town and watch English movies. This way, we must have ended up watching some 1,000 movies during college. "

" When you live away from your family, your friends and faculty become your family. "

" 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. "

" 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. "

" Most people make poor partners because their mental script has a defect. They believe focus means looking after their own interests. It's a script error. "

" Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated. "

" You have to be very skilled in this industry. I grew in this industry; we created the very beginnings of this industry. We made the first PCs (personal computers) in the world. "

" I never second-judged my mother. "

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Mother

Never

" 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. "

" Re-skilling has to be much wider with a strong foundation. "

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

" I have talked about the 'fractal organization'. Those smaller pieces should innovate and lead the rest of the organization. There will be parts that will be thinking about technologies of the future, and you need to nourish them. "

" 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. "