Radia Tapes: 108 - Radia, Baiju Biju
Duration: 00:07:10; Aspect Ratio: 1.250:1; Lightness: 0.055; Volume: 0.275; Cuts per Minute: 2.089; Words per Minute: 208.644
Nira: Hi Baiju!
Baiju: Hi! How are you?
Nira: I am fine. How are you?
Baiju: Did you get my SMS?
! I sent an SMS to you.
Nira: No! I have got no SMS from you.
Baiju: Basically I am told that ICICI Bank account has come to you.
Nira: No I have not even pitched for it so how can it come to me?
Baiju: No, no, I'Il tell you between me and you, I met someone internally there.
(Yes)! But it's not true.
Nira: I haven't even met them Baiju.
Baiju: Ahh! Then they will ask you actually.
Nira: It is not like we have not been called. They have been keen to talk to us but I just...
Baiju: Ahh! That means my information is right.
Nira: No but I have not even met them yet so it can't be coming to us yet na?
Baiju: Oh! Acha, acha
! Because what I had heard from from top people is that they are very keen actually.
Baiju: That is why I send an SMS to you another feather in your cap ICICI Bank account.
Nira: No I never got. I never got it.
Baiju: Oh acha
! Sorry, sorry. Because I send it to you immediately when I got that...
Nira: Honestly, honestly I would have... You know how I respond to you straight away if I get a message.
Baiju: No, no, see! What happened, there was a conversation happened.
Baiju: And then they said that how, then I told them, I mean they have done a fabulous job for Tata and now they are doing it for Reliance so then they said yaa, yaa.
Baiju: Then we will. I saw basically already internally they have decided.
Baiju: And then I got the impression like that, that is why I send an SMS. Otherwise I would told you that they are talking to you.
Nira: Hmm! Because they have got... They are with AD Factors no?
Baiju: Ahh! That I think that they want somebody else and it can be Delhi this thing and all. Kuch
( Some clout is needed.) That is what I heard.
Nira: They need people who have got...They have got their own clout no? Why do they need others?
Baiju: No, nahi...
(No...) ... new CEO wants new clout and all actually.
Nira: Ehuh! Ehuh!
Baiju: That is why that thing came up actually. This is strictly between me and you aa! Please!
Nira: No, no, ofcourse, ofcourse.
Baiju: Because I was there when you got the first account of Tata's that is why I am telling you that.
Baiju: So I just thought that, then I said I, what I could do I also told them that they have... I didn't say I said like this that they have done a fabulous job for Tata's.
Baiju: So Reliance also, that is why Mukesh Ambani normally doesn't give any outside PR. They have got that.
Baiju: So they said yaa, we will... The way they were talking is that they will call you or something like that actually.
Nira: Yaa, I know they have been... I mean they have been saying that we should meet but you know I have been so caught up and then our dates were never meeting so may be that is why...
Baiju: Oh! Acha, acha
Nira: The fact that I have not met even them first. So I wouldn't say that I have got it.
Baiju: Oh! Acha, acha
! So then they must be internally thinking about it actually.
Baiju: Because what impression I got, that is why I came out of that building and then SMSed to you another feather in the cap ICICI Bank account.
Baiju: Then I didn't get an SMS. Then I thought that...
Nira: No, no, no. I didn't get your SMS. I would have responded to you straight away you know that.
Baiju: Ok, ok, ok! Anyway I think that you are on their radar.
Nira: (Laughs). Ok that is nice to know. That is nice to know. How are you? How are things?
Baiju: I am fine. How do you like... There is a change in the Tata's this thing now?
Nira: Yes I think so. I think so. There is a big change, yaa!
Baiju: So that is why I told you that you should speak to Sukumar.
Baiju: I think you had a meeting with him no?
Nira: No, I had a meeting with him. I met Rajiv Verma and Shobna and everyone. So we dealt with it in terms of what were the issues. So yaa, there is a change.
Baiju: Ok. Yaa, that is why. That is why I told you if you talk to them directly then there will be much more change actually because I don't think they will be going after people or something like that. We don't believe in that actually.
Nira: Well I don't know. I mean, you know. There is a tendency sometimes. Atleast against RIL there is still not a change.
Baiju: But I think. I don't think so. Basically that episode is over. Taking that pamphlet and writing it that thing is over. It will be more check and balances actually now. Hmm!
Nira: Yaa because that one thing I had insisted with Rajiv Verma, because Buma was going all over the place no? Buma and Kushbu.
Nira: You know that.
Baiju: See basically they should stop this taking lease and then writing it actually infact I was telling Manoj actually.
Baiju: Unless we stop it. Then I said that I wanted to meet PMS. He said they will expect a this thing kind of a story actually.
Baiju: I said see boss. Aisa nahi karega...
(We won't do it like this...) that we will ask some questions. He will answer. We will put it actually.
Nira: Hmm! Hmm! Baiju, We'll do a meeting with you and PMS. I have been telling Manoj that that needs to be done. The Bombay meetings need to happen. So...
Baiju: Yaa! Whatever. It's... Whenever he is available. Not to rush it.
Baiju: But whenever he is available we would like to spend atleast one hour with him so we can have a full fledged interview.
Baiju: He can tell us what he wants to say and all. Then we can put it as a quote and...
Nira: But you know we are right now in court so a lot of the matter is sub judice actually.
Baiju: No, no, let the court thing be over.
Baiju: And say aaram se...
(at a relaxed pace...) Whenever he is very comfortable to speak.
Nira: Right, right because...
Baiju: I am not rushing.
Nira: Because this thing has gone a bit out of control. I mean if you think about it.
Nira: I mean I can't understand that how a country's national assets can be just divided up between a family you know.
Baiju: Yaa! (Laughs)
Nira: I said this to Mukesh also. I mean it is very unfortunate na
Baiju: Hmm! And also someone is... I think there is some....people are filling up because that is what I heard from some people that they had filed a PIL against this and all. National asset is...
Nira: I am sure people will. I am sure people will file and I am sure people will get fed up. There are enough people out there.
Nira: Everyone I go to keeps on telling me the same. But the thing is, Baiju you know even the MoU.
Nira: It was subject to government approval.
Baiju: That is right.
Nira: So you know, you can't say that give me everything for 50% discount no?
Baiju: Hmm! Hmm!
Nira: I mean the price was never in the MOU.
Baiju: Ahh haa! haa!
Nira: So all this you know, you can't... You just can't cheat you way all the way, you know. All the time.
Nira: All the time there is the same thing that I am the underdog. I am the younger brother. I should be given something different. You know. That is not good.
Baiju: Hmm! That sentiments. He is playing around those. And also that he should concentrate on the... I mean not because of... See power projects and all he should do na
Nira: He should develop the... you know, Baiju he's raised 24,000 crores in money...
Baiju: He has got. He raised 10 billion dollars in 2007. 5 billion dollars ACB. 2.5 billion IPO. Then another 2.5 billion dollars.
Nira: Now if you tell me 10 billion dollars in funds. He is still asking the court for a bankruptcy agreement.
Baiju: That is true and also that I am told that he is talking to hawk Reliance Communication also.
Nira: He is trying to sell it to AT&T no?
Baiju: Ahh! That is what I heard actually.
Nira: But between you and me they will come for a ROFR. I have been getting feelers from AT&T.
Baiju: Yaa! Because...
- Right Of First Refusal
Nira: That you know why doesn't Mukesh not come in the way. My view is very clear that the question doesn't arise.
Nira: You know. Bijju I just got PMS on the line can you give me two minutes ill call you back?
Baiju: Yaa! Yaa! Aram se...
(Relax) Whenever you get time.