Radia Tapes: 055 - Radia, Manoj Warrier (10:55:22)
Duration: 00:02:28; Aspect Ratio: 1.250:1; Lightness: 0.043; Volume: 0.195; Cuts per Minute: 5.245; Words per Minute: 196.908
(Phone rings)
Manoj:
Haan boss. (Yes boss)
Niira: They can go back to Kokilaben
Manoj: Hmm.
Niira: ...If the agreement is not, this thing. What kind of a judgment is this?
Manoj: Hmm, hmm.
Niira:
Accha (Okay) listen,...
Manoj:
Nahin, nahin, nahin (No...) boss, it's an appeal,
na? So whatever was the earlier judgement,...
Niira:
Haan (Yes)
Manoj: ...they've not modified that judgment.
Niira: ...
Kya tha reaction,... Raja aur Atul Dayal? (What were Raja and Atul Dayal's reactions?)
Manoj:
Un log kya, woh final order
aane ke baad phir kuch..(After the final order is announced will they...).
Manoj: ...Because in one month, the ordinance was.... the High Court has said that you should settle.
Manoj: ...I think they will have to have some cooling off period, at least
do-teen hafta rukna padega, Supreme court
mein jaane se pehle. (...will have to wait for at leat two-three weeks before going to the Supreme Court.)
Niira: Hmm.
Manoj: Because last time also when the order had come, they had waited for sometime before they appealed.
Niira: No, but this is a clear victory, they can turn around and say today only,
na, "We're taking the matter up to Supreme Court".
Manoj: Er...
mere hisab se woh nahin karenge. (in my opinion, they won't do that), High Court has said you have to settle this out of court, no. Both parties should settle it and enter into a suitable agreement.
(pause)
Niira:
Humara stock is down big time, huh. Down 3%.
Manoj: Hmm....hmmm.
Niira: Their stock is up 12%.
Manoj: Hmm.
Niira: ...
Accha, ek baat bata dijiye, jo Tata Power
ka statement
hai - (Okay, tell me something, The Tata Power statement,... )
Manoj: Hmm?
Niira:
Aaj aane se woh kill
nahin ho jayega? (...by coming out today, doesn't it 'kill' itself [lose impact]?)
Manoj:
Nahin nahin, jaane do. (No no, let it go.) Neutral
ho jayega. (It would become neutral.)
Niira: Huh?
Manoj: Neutralise
toh ho jayega hii. (It will definitely neutralise.) It's a Bombay-specific issue any which ways. I don't think it will get any too much of...
Niira: No, but it will come into Bombay financials,
na it's 500 MegaWatts, Manoj.
Manoj: Hmm.
Niira:
Jo iska gain ho raha hai, 2-2000 crore ka, woh to jaati hai, na? (His 2000 crore profit would be gone, no?)
Manoj:
Haan, aaj bhej dena chahiye. (Yes, it should be sent today.)
Niira:
Bhej dena chahiye? (It should be sent?)
Manoj:
Haan, haan. (Yes, yes.)
Niira: Dilute
na ho jaye na? (It won't be diluted?)
Manoj:
Thik hai phir, kal bhejo do. (Ok, then send tomorrow.)
Niira:
Aaj dilute
ho jayega. (Today it would be diluted.)
Manoj:
Theek hai, kal bhej do. (Okay, send it tomorrow.)
Niira:
Nahin but
agar aaj karte hain, to tumhara yeh coverage dilute
ho jayega, na? (No but if we do it today, your coverage would be diluted, isn't it?)
Manoj:
Haan haan, lekin (Yes, yes but) if you send from a Tata standpoint..
Niira: Hmm...
Manoj: It should go tomorrow.
Niira: (inaudible)
Manoj: And overall Vaishnavi standpoint -
Niira and Manoj: Huh?
Manoj: And overall Vaishnavi standpoint, it may a good idea to sell it off today but-
(Tape ends abruptly)
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