Dewang Mehta, NASSCOM Chief:
"There will be consolidation now. World over, only one in 10 dotcoms make it. In India, it hadn’t yet come to that. Now we’ll see that happening."
Sunil Lulla, CEO, Indya.com:
"We’ll see almost a replay of what happened in the TV business. Only the strong will hang around."
U.R. Bhat, Director, Jardine Fleming India AMC:
"Everyone wants to be around when the party’s on. But one alarm is enough to have everyone running for the exit."
Jayesh Vaidya, CEO India operations, chaitime.com:
"Earlier a person with an idea could raise money. Now, the idea must bestrong and backed by a sound revenue model."
Manish Modi, CEO, NetAcross:
"Now every person and their aunts have dotcoms. Henceforth, the aunts willstop coming in."
Vetri Subramanyam, Chief Advice Officer, sharekhan.com:
"The herd mentality that has persisted in software stocks is unlikely torepeat itself."
Azim Premji:
Once richer than the Sultan of Brunei, the Wipro chief’s net worth was erodedby Rs 17,657 crore in three weeks.
Subhash Chandra:
The media mogul is poorer by 17 per cent as the Zee scrip has come down by Rs 72in three weeks.
Narayana Murthy:
The Infy Chief’s net worth is down 18.4 per cent, or Rs 3,810 crore, after thehistoric February high.
Shiv Nadar:
The HCL Technologies chief is poorer by Rs 6,295 crore, with the scrip bottomingout at Rs 1,627.
Ramalinga Raju:
The Satyam boss has lost 27 per cent of his net worth, with the scrip losing Rs 2,558 in three weeks
