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Voices
 “It’s a risk and there’s no guarantee that it’ll work out. We’ll be alone for a while" —Mathias Doepfner, CEO, Axel Springer, Germany’s largest newspaper publisher, on introducing a paywall for its flagship national daily, Die Welt, by the end of this year |
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 “I don’t think a person like Khurshid will do anything for an amount like Rs 71 lakh. If it would have been Rs 71 crore, even I would have been serious" —Beni Prasad Verma, union steel minister, on alleged misappropriation of funds by a trust run by union law minister Salman Khurshid |
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 “I don’t think that IMF was aware of the fact that there was this little difference. They just took the GDP at market prices. There is a big difference between GDP at market price and GDP at factor cost" —Montek Singh Ahluwalia, deputy chairman, Planning Commission, differing with International Monetary Fund’s growth forecast of 4.9% for India in 2012 |
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 “Many retailers [are] putting down more space in the market; [but] few [are] seeing that translate into profitable growth" —Philip Clarke, CEO, Tesco, after its China sales declined in the second quarter |
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 “Our success in other markets doesn’t mean that we are entitled to success here" —Howard Schultz, CEO, Starbucks, on opening its first store in India |
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Elsewhere in Business
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