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(Phone rings)
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Manoj: Haan boss. (Yes boss)
Niira: They can go back to Kokilaben
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Manoj: Hmm.
Niira: ...If the agreement is not, this thing. What kind of a judgment is this?
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Manoj: Hmm, hmm.
Niira: Accha (Okay) listen,...
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Manoj: Nahin, nahin, nahin (No...) boss, it's an appeal, na? So whatever was the earlier judgement,...
Niira: Haan (Yes)
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Manoj: ...they've not modified that judgment.
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Niira: ...Kya tha reaction,... Raja aur Atul Dayal? (What were Raja and Atul Dayal's reactions?)
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Manoj: Un log kya, woh final order aane ke baad phir kuch..(After the final order is announced will they...).
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Manoj: ...Because in one month, the ordinance was.... the High Court has said that you should settle.
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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.)
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Niira: Hmm.
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Manoj: Because last time also when the order had come, they had waited for sometime before they appealed.
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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".
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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.
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(pause)
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Niira: Humara stock is down big time, huh. Down 3%.
Manoj: Hmm....hmmm.
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Niira: Their stock is up 12%.
Manoj: Hmm.
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Niira: ...Accha, ek baat bata dijiye, jo Tata Power ka statement hai - (Okay, tell me something, The Tata Power statement,... )
Manoj: Hmm?
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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.)
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Niira: Huh?
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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 (inaudible).
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Niira: No, but it will come into Bombay by naturals, na it's 500 MegaWatts, Manoj.
Manoj: Hmm.
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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 bech dena chahiye. (Yes, it should be sold today.)
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Niira: Bech dena chahiye? (It should be sold?)
Manoj: Haan, haan. (Yes, yes.)
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Niira: Dilute na ho jaye na? (It won't be diluted?)
Manoj: Abhi mat becho, kal bech do. (Don't sell today, sell it tomorrow.)
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Niira: Aaj dilute ho jayega. (Today it would be diluted.)
Manoj: Theek hai, kal bech do. (Okay, sell it tomorrow.)
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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 stand from a Tata standpoint..
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Niira: Hmm...
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Manoj: It should go tomorrow.
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Niira: (inaudible)
Manoj: And overall Vaishnavi standpoint -
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Niira and Manoj: Huh?
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Manoj: And overall Vaishnavi standpoint, it may a good idea to sell it off today but-
(Tape ends abruptly)