Rashesh Shah
Chairman and MD
Notable Quotes
We remain committed that we will be break even for the year FI27 in our insurance businesses.
We will keep on reducing it and we will bring it down to below 3,000 cr in the next 1 year to 18 months for sure.
The biggest problem across the board for all foreign investors in India today is their view on the rupee.
We are not a one operating company; we are an investment company with multiple businesses at various stages of business.
The business PAT is where the heart of the value creation is. That has been growing and we would like to grow it at 20% a year.
We could have sold the whole thing but we didn't want to sell because we wanted to sell a little bit to reduce our corporate debt... we do think the stake we are holding the 26% could be valued a lot more in the future.