Radia Tapes: 068 - Radia, Sunil Jain (15:42:43)
Duration: 00:02:28; Aspect Ratio: 1.250:1; Lightness: 0.076; Volume: 0.239; Cuts per Minute: 3.228; Words per Minute: 186.824
Niira: Sunil, hi!
Sunil: Hi, Niira, how are you?
N: Fine, I'm just hoping Manoj gave you the details?
S: No, he said he'll get back to me but he never gave me anything.
N: No, I don't think - I think he was trying to reach Prasad, PMS Prasad, to try and (inaudible) perspective. You know, Sunil, I was just having a chat - why I called you was because...not because both my clients are always at the receiving end of this guy.
N: You know, if you look at everything, if you look at Tata Power and that whole diversion of coal issue, if you look at the Sasan issue where we've had to in the end end up in Supreme Court.
N: I've no doubt that RIL will also end up in Supreme Court. Then you look at our great Raja and your Raja ke aayegi baraat
(Raja's bridal party - phrase in Hindi) -
N: And how spectrum, another natural resource of the country...I mean, Raja on his face has told me, Niira, don't argue with me for Tata Teleservices even though I've said to him that we were first in the queue.
N: And you should have given us spectrum first, how come you issued license to Anil Ambani on a retrospective basis? And his reaction to me at that point was, "I have a party to run."
N: So, if you look at spectrum, then you look at gas, you have a High Court - whether it's Mukesh Ambani or Anil Ambani, one doesn't care from that point of view. If a High Court that decides what the price should be of a natural resource and a family agreement takes precedence for what is a natural resource.
N: And then we have a situation in Jharkhand where iron ore mines are being applied for by the great Anil Ambani when he doesn't even have a steel plant.
N: I mean, I don't know whether this is the larger issue that iron ore and natural resources are not there for Tatas, Laxmi Mittal, Anil Ambani, Mukesh Ambani. This is something, or something that High Court judges cannot decide on.
N: Or for that matter TDSAT tribunal who ultimately end up become TRAI Chairmans. You know, these are things that are to be decided on a policy basis. You can't wait for Yedyurappa to allocate mines in Bellary or Madhu Koda for that matter in Jharkhand.
N: So theirs is a much more larger and important issue.
S: Hmm, hmm, hmm.
N: I just wanted to - and I don't want to sound emotional because my clients are on the receiving end, but I think it raises a fundamental question today. So I just wanted to, you know, ask you -