1
00:00:06,879 --> 00:00:15,583
Phone Rings (Pal, pal, har pal)

2
00:00:15,583 --> 00:00:18,656
Niira Radia: Hello
Manoj Warrier: Haan

3
00:00:18,656 --> 00:00:21,983
Niira Radia: Manu?
Manoj Warrier: Hello
Niira Radia: Haan Manoj

4
00:00:21,983 --> 00:00:28,895
Manoj Warrier: The finance ministry apparently has told ET that there is no benefit for RIL. It will be only from...
Niira Radia: Haan?

5
00:00:28,895 --> 00:00:38,880
Manoj Warrier: The finance ministry has told ET that there is no benefit for RIL. This will be only applicable for future NELP blocks.
[Silence for some time.]

6
00:00:38,880 --> 00:00:44,256
Niira Radia: So?
Manoj Warrier: So, <i>kutch nahii</i> (Nothing)....(not clear)
Niira Radia: Hmm..

7
00:00:44,256 --> 00:00:49,120
Manoj Warrier: (remains silent)
Niira Radia: <i>To achhi bath hai naa. Tumhe to court mai help karegaa</i> (So its good. It will help you in court)

8
00:00:49,120 --> 00:00:55,008
Manoj Warrier: Haan
Niira Radia: to unka 20000 crore argument will get thrown out, na?

9
00:00:55,008 --> 00:00:57,568
Manoj Warrier: No, that 20000 was for the pipe line..it was not for the (stops)

10
00:00:57,568 --> 00:01:04,992
(speaks on another call?)
Niira Radia: Venkat?
Niira Radia: Venkat, MDA is there?
Niira Radia: Call me back, please..ok..thanks..fine phone call gets cut off)

11
00:01:04,992 --> 00:01:11,391
Niira Radia: Haan..kya?
Manoj Warrier: No, 20,000 was for the pipe line.

12
00:01:11,391 --> 00:01:15,487
Niira Radia: Haan, but pipeline is what? Separate, is it?
Manoj Warrier: Yeah, Yeah, separate.

13
00:01:15,487 --> 00:01:27,520
Niira Radia: So what is this for 80, 80, 81 V?
Manoj Warrier: Ya. Do you remember that story had come about mineral oil and the definition of mineral oil — did not include natural gas

14
00:01:27,520 --> 00:01:34,688
Manoj Warrier: That was done in 2007. That Mineral Oil Bill only being oil and petroleum products not natural gas.

15
00:01:34,688 --> 00:01:42,624
Manoj Warrier: They wanted a clarification that it includes natural gas so that the 7 year tax holiday could be availed of.

16
00:01:42,624 --> 00:01:52,608
Manoj Warrier: But apparently ministry now has told ET that it is not — RIL will not get any benefit– it will be from the future NELP blocks, that is NELP 8.

17
00:01:52,608 --> 00:02:01,568
Niira Radia: Who has told, finance ministry or finance minister?
Manoj Warrier: Finance Ministry (with stress)
Niira Radia: Ministry (with stress)
Manoj Warrier: Yeah

18
00:02:01,568 --> 00:02:11,380
Niira Radia: Aha...(pauses) So such news is good for you right now, na?
Manoj Warrier: (silent)
Niira Radia:<i> Tumne bola paanch sector ka 50,000 crore benefit milegaa?</i> (You said a profit of 50,000 crores will be gotten from 5 sectors)

19
00:02:11,380 --> 00:02:13,343
Manoj Warrier: <i>Ha, bola to thaa</i> (Ya I did say that)
Niira Radia: <i>Chori chori..</i> (Stealthily..)

20
00:02:13,343 --> 00:02:20,767
Manoj Warrier: Ha But I don’t think that anyone is doing 20000 story.. <i>to phirse ye udega..20000 ki...50000 crore fix kar denge..</i> (Then this will fly again, that 50,000 will get fixed)

21
00:02:20,767 --> 00:02:25,631
Niira Radia: Nahi, are they doing the story that Reliance will not get any benefit?
Manoj Warrier: Sorry?

22
00:02:25,631 --> 00:02:31,007
Niira Radia: Are they doing the story that Reliance will not get any benefit?
Manoj Warrier: Haan, currently they are doing that story

23
00:02:31,007 --> 00:02:37,918
Niira Radia: So what they are saying that it is not in a prospective basis ..not.. it is only valid from future NELPs
Manoj Warrier: NELP-8 NELP- 8

24
00:02:37,918 --> 00:02:41,248
Niira Radia: Haan?
Manoj Warrier: It will be applicable from NELP-8

25
00:02:41,248 --> 00:02:43,481
Niira Radia: NELP-8
Manoj Warrier: Yeah
Niira Radia: Ok.