Noting that Germany is going to participate in reducing the imbalances in the European Union area, Merkel said Europe has an opportunity to prove that it can be a role model and play a major role in the global economy.

Sunil Bharti Mittal, chairman of Bharti Airtel spoke to NDTV Profit on the sidelines of the World Economic Forum and spoke on a range of issues from policy in India to challenges in the telecom industry.

Speaking to NDTV’s Ira Dugal at the World Economic Forum in Davos, Jamshyd Godrej, Chairman of Godrej and Boyce Manufacturing said that the developing countries are moving quite well and so the focus will always be where the growth is.