28 Quotes by Kiran Karnik

Though we have taken up the issue with the finance ministry a number of times, the issue is still hanging fire. The parent firms want a clarification on computing export profits generated by their Indian subsidiaries or vendors, as such a burden puts them at a disadvantage over other companies in the industry.

Though there would be no big impact of regulations on Indian companies but it is a matter of concern. It is a small step by the government to regulate and control....

We are deeply concerned about the increase in levies on packaged software and on IT hardware, which will be a setback to efforts to promote IT utilization in the Indian economy and for vital applications like education and health.

We are not against safeguards for L1 visas, but new restrictions should not be adverse. We agree L1 visas should not be misused. But the process should not take too long.

This trend is particularly heartening as benefits of co-producing are immense.

There should be specific services industry related visas and there should be no cap or delay in processing them.

The skill sets in both the countries are similar and it will be great to create engagements with Pakistan.

A free trade agreement with the US in the services sector will be a win-win situation for both the countries.

A free trade agreement will complement both the economies. While their strength is the vibrant venture capital and marketing skills, the Indian IT industry is known globally for its vast and skilled manpower base.