Quotes from Shiv Nadar

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.

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

Our belief is that aspirations, meritocracy, and a world class institution are the three ingredients our country needs.

We didn't create an institution to increase land value or asset value.

We need a world class institution which will create leaders out of the children who have not had a good start in life.

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.

I am good at conceptualizing and building institutions.

The U.S. healthcare industry is undergoing radical transformation with the Affordable Care Act. Evolving thought and business models have little semblance to present mechanisms.

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.

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.

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.

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.

The IP is a completely different side of the IT, and that is what we want Vijayawada for.

I was the seventh child in a family of eight siblings. We lost our father very young, and my mother had pretty much single-handedly brought us up.

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.

The SSN Institute will be expanded in areas such as liberal arts, social sciences, natural sciences, communications.

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.

Even before the world had any cognizance of India as an economy, HCL had made a mark with its microprocessor in the '80s. HCL pioneered modern computing.

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.

I firmly believe that philanthropy is most effective and outcome-oriented when you ensure that your pledge actually gets spent.

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.

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.

HCL is a corporation. It is for profits. A corporation stands for its shareholders, its profits, its employees, its discoveries, and its customers.

Like education, healthcare also needs to be given importance.