1
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(Phone Ringing)

2
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Niira: Hello!
Manoj: Boss <i>ye jo 81A ka clarification aaya hai usme kuch clarity nahi hai ke...</i> ( This clarification which has come for 81A has no clarity...) ...whether it is applicable to us or not.

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Niira: I just spoke to MDA.
Manoj: Hmm! <i>Kya bola?</i> (What did he say?)

4
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Niira: I didn't ask him this. 81A is it? 
Manoj: <i>Haan!</i> (Yes!)
Niira: It is called 81A right?

5
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Manoj: 81B sorry, not 81A. 81B.

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00:00:30,944 --> 00:00:41,440
Niira: Ehh... Sorry veri? Venket ...(Laughs)... I get it wrong again. Venket sorry very quickly MDA again please. Haa! 81B right.

7
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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.

8
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Niira (to Mukesh): Sorry to disturb you. Just put down this note about 20 thousand crore benefit today on the 81B...
Manoj: No, no, pipelines...

9
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Niira (to MDA): We have said there is ambiguity so we have tried to maintain that.

10
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Niira (to MDA): There is no benefit <i>na</i>?

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Niira (to MDA): Ok I'll maintain that.

12
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Niira (to MDA): Ya. ...Hmm.

13
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Niira (to MDA): Ok. Ok. Haa! But... Ehuh!

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Niira (to MDA): Hmm! Hmm!

15
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Niira (to MDA): But shall I go as an official statement?

16
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Niira (to MDA): Hmm! I shouldn't no? You see I'd have to say that sources close to...Sources say that you know. Hmm!

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Niira (to MDA): Yaa ok. Hmm! Hmm! Hmm! Ok, ok.
(hangs up MDA call)

18
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Niira: Manoj there is still ambiguity. We don't know. It has no benefit he says actually but we should make the statement.

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Niira: 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...

20
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Niira: ...say that this is how our business rivals are trying to take away legitimate gains that could have come into the E&P sector.

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Niira: Likewise in the power sector there are 50000 crores by giving them a two year tax holiday. 
Manoj: Hmm!

22
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Niira: 15000... 50000 crore benefit to the power companies. 
Manoj: Ok!

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Niira: Hmm!
Manoj: Ok!

24
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Niira: <i>Isko word karke tum kar sakte ho teek se?</i> ( Can you word this and do it properly?)

25
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Manoj: <i>Dekhta hu.</i> (I'll see.)

26
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Niira: <i>Vo ke reha hai ke benefit abi humne abi calculate nahi keya kuki clarity nahi hai.</i> ( He is saying that we have not yet calculated the benefit because there is no clarity.)
Manoj: Hmm!

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Niira: So we don't know whether there is actually going to be any benefit to us in the first place.
Manoj: Hmm!

28
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Niira: So instead of us saying that there is no benefit to us...
Manoj: Hmm!

29
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Niira: You should say that sources say that there is no benefit to us.
Manoj: Hmm!

30
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Niira: And how you know business rivals have worked to... But not saying RIL.
Manoj: Hmm!

31
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Niira: <i>Kaun tuje chase kar reha hai, ET?</i> (Who is chasing you, ET?)
Manoj: Hmm!

32
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Niira: Hmm! <i>Mujebe ET chase kar reha hai.</i> ( ET is chasing me also.)

33
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Manoj: Hmm! <i>Nahi plus vo Navin vagera ka phone aaya...</i> (No plus that Navin etc.'s phone had come.)
Niira: Hmm?

34
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Manoj: 20000 is actually on that pipeline. They have allowed 100% depreciation. 
Niira: Hmm!

35
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Manoj: That to we are handling, <i>ke...</i> (that...) ... depreciation will come only when you have 20000 worth of gross revenue.

36
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Niira: Hmm!
Manoj: <i>Vaisa fira rehai hai ke ek sal me ye sab... koi operator aisa nahi hai jo productization claim kar lega.</i> ( They are spreading that in one year, there is no operator who will claim productization.)

37
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Niira: Hmm!
Manoj: You know, it will basically find liabilities which is very high then I will claim depreciation.

38
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Niira: <i>Now usko vo hi bol do...</i> ( Now tell him that only that...) power sector has got 50000 crores.

39
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Manoj: 50000 crores <i>na</i>?
Niira: Hmm!

40
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Manoj: <i>Teek hai.</i> (Ok.) ok.

41
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Niira: So he gets 50000 crores of benefit. Although... <i>vo nahi hai, tho be tu faik de na 50000 crores.</i> ( It is not that but you still lie that it is 50000 crores.)

42
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Manoj: <i>Haan two years ka holiday mila na unko?</i> ( Yes, two years holiday they got, haven't they?)

43
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Niira:Hmm! Two years holiday. Ok listen... <i>Raghav ko kya liku mai ke...</i> ( What do I write to Raghav that...) ... MM is coming into... I am sending him an email because he is not answering my phone.

44
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Manoj: Hmm!
Niira: Maybe he is tied up. That MM and I would like to come to your office.

45
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Manoj: Hmm!
Niira: To present the... To give you a perspective on what has been happening in this recent matter.

46
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Manoj: Yaa!
Niira: And has asked me to seek time with you for Wednesday. 
Manoj: Yaa!

47
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Niira: <i>Eisa karke haa!</i> ( Like that ok!)
Manoj: <i>Teek hai!</i> (Ok!)  
Niira: <i>Eisa kar du ?</i> ( Should I do it like that?)
Manoj: Hmm!

48
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Niira: Best no... <i>Dono...</i> (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.

49
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Manoj: <i>Haan teek hai. Eisa math dalo na </i> (Yes ok. Don't put it like this.) MM is in town and just wanted to come across and discuss some...

50
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Niira: No but I want to tell him <i>na</i> that incase he has got people he wants to meet <i>na</i>.
Manoj: Haa! Discuss some of the developments.

51
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Niira: Hmm!
Manoj: Related to the gas supplies.

52
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Niira: Hmm! Ok but I don't want to put that on record <i>na</i> Manoj because it is a subjudice  matter.

53
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Manoj: <i>Tho gas supply tho hum log sare operators ko de rehai hai vegera 40 MMSCMD ho gaya.</i> ( Gas supply we are giving to all the operators etc. 40 MMSCMD has become.)

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Niira: I'll try and reach him again ok. Let me try and reach him again.

55
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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...

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Niira: Hmm! <i>Theek hai.</i> (Ok.)
(Tape Ends.)

