There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.

In the past twenty years, we have lived through several cycles and we have always managed to buy under good terms and conditions at the right time. This has enabled us to build a solid group that is now the world number one.

The danger, though - and there have been signs of this recently - is that Europe begins to demonstrate a return to more nationalist sentiment. To my mind, that would be a great mistake.

It is true that we are interested in scale but there are very sound reasons for this.

Its not always you get to hit the iron when it is hot. I believe in hitting it so hard, that it gets hot.

I came from a Hindi medium school the principal felt that I would not fit into an English medium college. Though I was top in my class in school, and I got admission in other colleges, but I really wanted to study in St. Xavier's.

It's difficult for them to do a deal at these levels.