Very considerate

Max Group President Rahul Khosla and founder and Chairman Emeritus Analjit Singh were addressing a press conference to announce the conclusion of Max Group's three-way demerger. When asked if he still had an appetite for investment in the telecom sector, Singh, who also serves as non-executive chairman of Vodafone India, said, "I still serve as the chairman of Vodafone India. Sunil (Sunil Mittal of Bharti Airtel) is a dear friend. But some businesses require very very deep pockets, so you have to be mindful where we go." Khosla backed him up: "We will serve as a great support to the people who will eventually lose out in the telecom battle. We can provide them good health care at our hospitals, senior citizen living premises and so on."