| "Jagdish Khattar is not the entire industry. His views do not represent those of the entire industry. There are three auto companies today that are delighted. Everyone else is disappointed."
Bajaj Auto Chairman Rahul Bajaj "8.1 per cent growth has provided the finance minister fiscal space... he can now do investment in the social space with a bigger heart."
ITC Ltd Chairman Yogi Deveshwar "I was happy that we (the telecom industry) didn't get a royal ignore like last time."
Bharti Enterprise Chairman Sunil Bharti Mittal "Great job on the fiscal deficit front. FM's vision has definitely helped the economy and expect it to ride the 7-8 per cent mark this year."
JM Morgan Stanley CMD Nimesh Kampani "The Budget had bits and pieces of good news for our industry."
Ranbaxy CMD Malvinder Mohan Singh "Markets were not expecting an exceptional Budget and the finance minister did not disappoint them... When Sachin Tendulkar goes out for batting, we all expect him to score 50 runs. But if he scores even 35 runs, we don't really crib."
Enam Securities MD Manish Chokhani "Reduction in the excise duties for small cars will help in developing India as a small car hub."
Ashok Leyland MD R Seshasayee "For telecom, the finance minister seems to have said, "Stay with us. We'll be back."
Motorola India Head Firdose Vandrevala "Mr Chidambaram has done an outstanding job... He has taken care of all our commitments through the Common Minimum Programme.... Let's not look a gift horse in the mouth. He has made some concessions. Let us keep something for another day."
Prime Minister Manmohan Singh "The five mega plans and the Tenth Plan provisions are extremely good news for anyone in the power sector."
Nicco MD Rajive Kaul "This was a clever Budget. The minister's mission was to not upset the 8.1 per cent growth. The minister has achieved what he set out to do. And he didn't upset the apple cart."
HSBC CEO Niall Booker "Nobody ever expects that you will end up with what you started off asking."
Planning Commission Deputy Chairman Montek Singh Ahluwalia "A good Budget for the masses, since the FM has not given in to popularist tactics. We can expect liquidity in the system to normalise."
RBI Deputy Governor Rakesh Mohan "Availability of funds is a big issue and the finance minister hasn't really addressed it. There may be a big rise in interest rates very soon. Liquidity is drying up very fast."
HDFC Chairman Deepak Parekh "12 per cent is nothing."
CII Chief Mentor Tarun Das (on GDP prospects) "Our big disappointment is our great expectation of getting infrastructure status for healthcare."
Escorts Hearts Institute MD Naresh Trehan "There's been a lot of cleaning up on our sector in the Budget. Increasing the limit of investments we can make abroad is very good."
Birla Sun Life Asset Management Company CEO SV Prasad |