radiaSRT/srt/110 Ratan Tata Jul 07 2009 11 47 02.srt

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(phone rings)

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Venkat: Hello.
Niira Radia: Venkat sorry, I think the Network as usual.
Venkat: Yeah, one sec...

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Ratan Tata: Hello, Niira?
Niira Radia: Hi

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Ratan Tata: Hi, no, I just actually, they've just come...so now we are going to the Weizmann institute and from there to the airport ...
Niira Radia: Uhuh, ok... So, you're still in the Middle East?

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Ratan Tata: Yeah. I am still in Israel.
Niira Radia: Ok, ok, alright, great. So you'll be in London in the evening then

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Ratan Tata: Yeah, so if there's something, I can call you from the airport when we get there
Niira Radia: No, no nothing urgent. I just wanted to let you know that the indicative term-sheet has gone off to CRN Ravi
Ratan Tata: OK

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Niira Radia: And that process has started in terms of content. They are already starting the process. I think CR hasn't responded to the indicative term-sheet but I spoke to him and I think that's underway, and Sanjay had got a missed call from you yesterday, on his voice mail

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Ratan Tata: Yeah. I called him and he didn't pick up and then the voice mail came, and so...

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Niira Radia: That's right. He said that and then he sent me a very late SMS and I have given him Venkat's numbers now..

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Ratan Tata: No, I'll call him again today

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Niira Radia: Ok. Whenever he's... anyway, he's there in any case, in Gaydon tomorrow and you could probably meet up with him tomorrow...when he's there. I just wanted you to know. The budget was okay. Rural growth...

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Ratan Tata: Yeah. It didn't do anything one way or another. I guess the only concern I have is that I understand that Maran is going hammer and tongs for Raja. And I hope Raja doesn't trip or slip or...

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Niira Radia: No, he hasn't, because the chief justice has issued a statement that no minister called the high court judge. 
Ratan Tata: Oh, really?

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Niira Radia: The Chief Justice of India has issued that statement. So that is clarified. And in any case that did not happen and Maran is made to look a little bit of a fool now, so...
Ratan Tata: I see. Okay.

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Niira Radia: And, in any case, Ratan if there was a problem, that would happen, as far as that is concerned, it would be Kani (Kanimozhi) who would come back into power, into that position, not Maran.
Ratan Tata: Okay.

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Niira Radia: I think that's a given. That's been decided between them. But there was no such thing that Raja has done. So that's perfectly alright.
Ratan Tata: Okay.

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Niira Radia: It was actually the president of the bar association who said "I know the minister" in an open court and the judge said "don't use the cabinet minister's influence in my court"
Ratan Tata: Okay.

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Niira Radia: Raja had not called up for that at all. That's got clarified. 
Ratan Tata: Okay.
Niira Radia: Alright then, I will speak to you later then. Have a good flight. Bye.
Ratan Tata: Thank you.
Niira Radia: Bye, bye, bye.