Some foreign investors accuse us of being unfair to shareholders by using our resources for community development. Yes, this is money that could have made for dividend payouts, but it also is money that's uplifting and improving the quality of life of people in the rural areas where we operate and work. We owe them that.
Interpretation
Balancing profit and community welfare is essential for sustainable development.
Ratan Tata's quote emphasizes the ethical responsibility businesses have towards the communities in which they operate. While the decision to invest resources in community development may seem detrimental to shareholders in terms of immediate profits, it ultimately contributes to societal upliftment and a better quality of life, reflecting the broader role that corporations must play beyond just generating dividends for investors.
In practice
In a presentation about corporate social responsibility, you might quote Tata to highlight the importance of balancing profits with community development.
I am proud of my country. But we need to unite to make a unified India, free of communalism and casteism. We need to build India into a land of equal opportunity for all. We can be a truly great nation if we set our sights high and deliver to the people the fruits of continued growth, prosperity and equal opportunity.
Ups and downs in life are very important to keep us going, because a straight line even in an ECG means we are not alive
If there are challenges thrown across, then some interesting, innovative solutions are found. Without challenges, the tendency is to go on the same way.
I will certainly not join politics. I would like to be remembered as a clean businessman who has not partaken in any twists and turns beneath the surface, and one who has been reasonably successful.
When you see in places like Africa and parts of Asia abject poverty, hungry children and malnutrition around you, and you look at yourself as being people who have well being and comforts, I think it takes a very insensitive, tough person not to feel they need to do something.
I may have hurt some people along the way, but I would like to be seen as somebody who has done his best to do the right thing for any situation and not compromised.
When you have become God's in the measure he desires, then he himself will bestow you upon others; unless, to your greater glory, he chooses to keep you all to himself.
There is nothing more important to a democracy than an active and engaged press.
The rule of law bakes no bread, it is unable to distribute loaves or fishes (it has none), and it cannot protect itself against external assault, but it remains the most civilized and least burdensome conception of a state yet to be devised.
Put God in your debt. Every stroke shall be repaid. The longer the payment is with-held, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.
Wanting to be liked means being a supporting character in your own life, using the cues of the actors around you to determine your next line rather than your own script. It means that your self-worth will always be tied to what someone else thinks about you, forever out of your control.
Our tolerance for forms of religious expression we disagree with is a precise barometer of our own spiritual security.
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