- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Freya Deshmane riding on Reinroe Adare Acrobat claimed the top spot and clinched the gold
- Salah sets Premier League record in Liverpool's draw at Newcastle
- India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification
- Hockey India names Amir Ali-led 20-man team for Junior Asia Cup
- Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award
- World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17
Microsoft is successful because it gives back to communities: Nadella, Last Updated : 11 May 2017 01:54:47 PM IST file photo
At a time when US-based companies are reading into a new set of rules being laid by President Donald Trump to do business globally, for Microsoft, the key to success is that it gives back to local communities and creates business opportunities there, its Indian-origin CEO Satya Nadella has said.
"The ability of Microsoft that operates in more than 190 countries to compete in so many places is vital to the company's overall long-term growth," a report in Nadella ' title=' CNBC quoted Nadella '>CNBC quoted Nadella as saying late on Wednesday.
Nadella stressed on creating local opportunities in the countries where a company operates.
"But you can't just set up shop and give nothing back -- you have to create local opportunity," the Microsoft CEO said.
Nadella said that many states and their citizens had turned against the idea of globalisation as they prioritised their own nation.
"Every head of state only cares about one thing: it's about their country first. In the US it's about America first, and in Britain it's about Britain first," he noted.
Nadella emphasised that companies must to be able to show the state heads and citizens what they have done for them "in terms of local taxes, in terms of local small business productivity, local large business competitiveness, their educational outcomes, their entrepreneurial work, that's what matters".
During last two fiscal years, the software giant has booked more revenue from outside the US than from within it.
"In the fiscal year ended June 30, 2016, it generated $44.7 billion in international sales, versus $40.6 billion domestically," the report said.
IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186