Radia Tapes: 105 - Radia, Manoj Warrier
Duration: 00:06:11; Aspect Ratio: 1.250:1; Lightness: 0.038; Volume: 0.132; Cuts per Minute: 3.070; Words per Minute: 154.931
Manoj: Boss ye jo 81A ka clarification aaya hai usme kuch clarity nahi hai ke...
( This clarification which has come for 81A has no clarity...) ...whether it is applicable to us or not.
Nira: I just spoke to MDA.
Manoj: Hmm! Kya bola?
(What did he say?)
MDA - Mukesh Dhirubhai Ambani
Nira: I didn't ask him this. 81A is it?
Nira: It is called 81A right?
Manoj: 81B sorry, not 81A. 81B.
Nira: Ehh... Sorry veri? Venket ...(Laughs)... I get it wrong again. Venket sorry very quickly MDA again please. Haa! 81B right.
MAT - Minimum Alternate Tax
Manoj: Yaa and whether net-net is it a positive thing for us because MAT has gone up by 16 ... by 5% and if this is applicable to us.
Nira (to Mukesh): Sorry to disturb you. Just put down this note about 20 thousand crore benefit today on the 81B...
Manoj: No, no, pipelines...
Nira (to MDA): We have said there is ambiguity so we have tried to maintain that.
Nira (to MDA): There is no benefit na
Nira (to MDA): Ok I'll maintain that.
Nira (to MDA): Ya. ...Hmm.
Nira (to MDA): Ok. Ok. Haa! But... Ehuh!
NIra (to MDA): Hmm! Hmm!
Nira (to MDA): But shall I go as an official statement?
Nira (to MDA): Hmm! I shouldn't no? You see I'd have to say that sources close to...Sources say that you know. Hmm!
Nira (to MDA): Yaa ok. Hmm! Hmm! Hmm! Ok, ok.
(hangs up MDA call)
Nira: Manoj there is still ambiguity. We don't know. It has no benefit he says actually but we should make the statement.
Nira: So what you should actually say is that this is how offline... sources close to R- Not RIL but sources close to the power - to the sector...
Nira: ...say that this is how our business rivals are trying to take away legitimate gains that could have come into the E&P sector.
E&P sector - Exploration and Production Sector
Nira: Likewise in the power sector there are 50000 crores by giving them a two year tax holiday.
Nira: 15000... 50000 crore benefit to the power companies.
Nira: Isko word karke tum kar sakte ho teek se?
( Can you word this and do it properly?)
Manoj: Dekhta hu.
Nira: Vo ke reha hai ke benefit abi humne abi calculate nahi keya kuki clarity nahi hai.
( He is saying that we have not yet calculated the benefit because there is no clarity.)
Nira: So we don't know whether there is actually going to be any benefit to us in the first place.
Nira: So instead of us saying that there is no benefit to us...
Nira: You should say that sources say that there is no benefit to us.
Nira: And how you know business rivals have worked to... But not saying RIL.
Nira: Kaun tuje chase kar reha hai, ET?
(Who is chasing you, ET?)
Nira: Hmm! Mujebe ET chase kar reha hai.
( ET is chasing me also.)
Manoj: Hmm! Nahi plus vo Navin vagera ka phone aaya...
(No plus that Navin etc.'s phone had come.)
Manoj: 20000 is actually on that pipeline. They have allowed 100% depreciation.
Manoj: That to we are handling, ke...
(that...) ... depreciation will come only when you have 20000 worth of gross revenue.
Manoj: Vaisa fira rehai hai ke ek sal me ye sab... koi operator aisa nahi hai jo productization claim kar lega.
( They are spreading that in one year, there is no operator who will claim productization.)
Manoj: You know, it will basically find liabilities which is very high then I will claim depreciation.
Nira: Now usko vo hi bol do...
( Now tell him that only that...) power sector has got 50000 crores.
Manoj: 50000 crores na
Manoj: Teek hai.
Nira: So he gets 50000 crores of benefit. Although... vo nahi hai, tho be tu faik de na 50000 crores.
( It is not that but you still lie that it is 50000 crores.)
Manoj: Haan two years ka holiday mila na unko?
( Yes, two years holiday they got, haven't they?)
Nira:Hmm! Two years holiday. Ok listen... Raghav ko kya liku mai ke...
( What do I write to Raghav that...) ... MM is coming into... I am sending him an email because he is not answering my phone.
Nira: Maybe he is tied up. That MM and I would like to come to your office.
Nira: To present the... To give you a perspective on what has been happening in this recent matter.
Nira: And has asked me to seek time with you for Wednesday.
Nira: Eisa karke haa!
( Like that ok!)
Manoj: Teek hai!
Nira: Eisa kar du ?
( Should I do it like that?)
Nira: Best no... Dono...
(Both...) ... to Raghav. Because I am putting it on mail which is why otherwise because I have been trying to reach him on the phone but he is not answering.
Manoj: Haan teek hai. Eisa math dalo na
(Yes ok. Don't put it like this.) MM is in town and just wanted to come across and discuss some...
Nira: No but I want to tell him na
that incase he has got people he wants to meet na
Manoj: Haa! Discuss some of the developments.
Manoj: Related to the gas supplies.
Nira: Hmm! Ok but I don't want to put that on record na
Manoj because it is a subjudice matter.
Manoj: Tho gas supply tho hum log sare operators ko de rehai hai vegera 40 MMSCMD ho gaya.
( Gas supply we are giving to all the operators etc. 40 MMSCMD has become.)
Nira: I'll try and reach him again ok. Let me try and reach him again.
Manoj: Or just say that MM is in town and we just wanted to drop in and discuss some of the recent developments so it would be nice if you could...
Nira: Hmm! Theek hai.