From: Ashok T. Jaisinghani <ashokjai@sancharnet.in>
Date: Sun, Dec 5, 2010 at 5:45 PM
Subject: Is Niira Radia Ratan Tata's Wife, Girlfriend or Mistress?
T
----- Original Message -----From: DAVE MAKKARTo: dave makkarSent: 04 Dec 2010 1:14 AMSubject: Ratan Tata's Double Standards on Corruption
Ratan Tata's Attorney Harish Salve contended in the Supreme Court that the audio content of personal conversation should not be put into public domain. The public disclosure of the Private conversations would violate Tata's right to privacy.
http://www.outlookindia.com/article.aspx?268369
Please listen to the conversation and decide if the conversation between Niira Radia & Ratan Tata are personal!
Ratan Tata's Double Standards on Corruption
Rattan Tata must understand that majority of Niira Radia tapes relates to money transactions, deal makings and influencing elected and appointed government officials; which could be termed as a conspiracy to commit an offense and should be probed and be allowed to make public.
On one hand Ratan Tata speaks of high moral and ethical standard and on the other hand he wants to deny the right of the Indian public for transparency in Radia matters just because she is handling PR work for Tata Group of Companies. Can Tata answer a simple question when he has best of the MBA's, Engineers and Media professionals on his pay roll in his group companies why he hired Niira Radia to do PR work for his companies? May be to handle bribe money and cut deals with government departments on behalf of Tata Group of Companies!
As India is run by unionized Gangsters posing as Politicians, Bureaucrats, Judiciary, Big Businesses, Religious leaders and Media so it is more important for the general public to know more about how a woman with practically no professional degrees can make deals in billions as well as how she can manipulate central, state ministers, top bureaucrats and prominent Journalist belonging to or having loyalties to various political parties; on behalf of Top Industrial Houses of India.
Mr Tata, Democracy demands transparency and accountability. If you have nothing to hide please disclose the terms of your and your group companies Contracts with Niira Radia and her companies.
Dave MakkarRadia tapes: Supreme Court notice to Centre, magazines on the petition of Ratan Tata
Press Trust of India, Updated: December 02, 2010 16:07 IST
http://www.ndtv.com/article/india/radia-tapes-supreme-court-notice-to-centre-magazines-70091?cp
New Delhi: The Supreme Court today asked the Centre to respond within 10 days to the petition filed by Tata chief Ratan Tata seeking a direction to the government to probe leakage of audio tapes containing his private conversation with corporate lobbyist Niira Radia and stop their further publication.
The apex court issued notices to Union Home Secretary G K Pillai, CBI, Income Tax Department and Finance Ministry asking them to file an affidavit on the issue and posted the matter for further hearing on December 13.
The court also directed that two magazines - Open and Outlook, which had published the conversations, be made parties to the petition by Tata and issued notices to them.
Appearing for various government departments, Attorney General G E Vahanvati accepted notices on their behalf.
During the hearing, the bench said the issues raised in the petition should not be left to academic exercise.
"We will hear them (two magazines). We will also hear the Attorney General who is appearing in the matter. We are not in a hurry," a bench of justices G S Singhvi and A K Ganguly said.
The petition filed by Tata has not made the two magazines as the parties.
Appearing for Tata, senior advocate Harish Salve said, "We do not want any injunction against the media."
However, the bench said, "Since we are examining the issue, we want to hear them also."
At the outset, Salve said the petition raises a matter of immense importance-- the interpretation of Article 21 of the Constitution concerning right to life, which also includes the right to privacy.
He said Tata has not challenged the rights of recording by the statutory authority nor he has challenged the use of transcript by the probe agencies.
"My concern is that the audio content of personal conversation should not be put into public domain," Salve submitted.
He said all the conversation which has no relevance for the purpose for which it was recorded must be put out of media's reach.
At this point, the bench asked from him, "What are these private conversations?"
Salve replied that there are various types of private conversations that have no concern with government files and cannot be made public.
He contended that the public disclosure of the conversations would violate Tata's right to privacy.
RATAN TATA EXPOSES CORRUPTION DURING CONGRESS LED COALITION REGIME
During a function Ratan Tata was asked about corruption and how to deal with it. He replied that in the 1990's a minister asked him for 15 crores to get clearance for his airline project. Tata refused. A person on the plane told him that why didn't he just pay the minister. To which Tata replied. "You wouldn't understand. I wanted to be able to go to bed at night with a clear concience. Unfortunately many of today's businessman would not consider Ratan Tata their idol but Dhirubhai Ambani who actually flouted all the rules and made sure that he could corrupt even those who were arguably incorruptible.
In any event this post is about the 3 regimes he mentioned. The one in 1995 which was a congress regime (in coalition). Then the Deve Gowda regime which was supported by the congress party from outside and third the Gujral regime. In fact during the congress regime the civil aviation minister was Ghulam Nabi Azad and during the Gujral or Gowda regime it was Jayanti Natarajan. Now who could Ratan Tata have been talking about. The third minister whose name I cannot recall. Whoever it was it was a minister during the congress led coalition politics.
Nothing ever changes. The same corrupt names are still walking about and continuing their corrupt ways. Only now with the press in ther pocket they are trying to brainwash the young generation of Indians about how good they are. What bullshit. Nothing will ever change till this entire breed of corrupt congress politicians gets the boot.
http://groups.google.com/group/soc.culture.indian/browse_thread/thread/35a7005c4e214ca0
FORWARDED BY
Dave Makkar
http://www.citizensfordemocracynj.org
___________________________
----- Original Message -----From: D S GillSent: 03 Dec 2010 7:22 PMSubject: [IHRO] Fwd: Wiki Leak – Ratan Tata 773 Acre Land, Rs.68,000 crore VSNL Scam
Wiki Leak – Ratan Tata 773 Acre Land, Rs.68,000 crore VSNL Scam
Wiki Leaks may not cause any melt down of governments but surely are going to Expose Corrupt Corporate.
Ratan Tata for example had already transferred 773 acres of VSNL land to Tata Sons held company Panatone Finvest Limited.
This Scam is in addition to Rs.48000 crores scam for acquiring VSNL for Rs.2000 crores when actual market value was over Rs. 50,000 crores. (Hutch/Vodafone was valued at $20b approx.)
128 acres in Delhi, 70 acres in Greater Kailash alone is worth Rs.14,000 crores. 58 crores in Chhatrpur may be worth Rs.6000 crores atleast.
http://www.wikinvest.com/stock/Videsh_Sanchar_Nigam_(VSL)/Filing/20-F/2009/F7038892
You can read complete filings of above. P-3
Most amazingly License fee paid by Ratan Tata was 9% of Telecom Revenue in 2005 that declined to under 1% in 2009.
This is just VSNL Scam.
Ravinder Singh
December03, 2010
http://www.wikinvest.com/stock/Videsh_Sanchar_Nigam_(VSL)/Demerger_Surplus_Land
Demerger of Surplus Land
Under the terms of the Share Purchase Agreement and the Shareholders' Agreement, Panatone Finvest Limited has agreed to cause the Company to hive off or demerge certain land the Company owns (the "Surplus Land") into a separate company (the "Resulting Company") pursuant to a scheme of arrangement. The Surplus Land consists of properties, which the Company was not actively using for any business purpose at the time of the Government divestment to Panatone Finvest Limited. The Surplus Land consists of the following:
Location
Area (in Acres)
Dighi—Pune
524.00
Halishahar—Kolkata
35.19
Chattarpur—Delhi
58.00
Greater Kailash—Delhi
70.00
Padianallur—Chennai
85.94
Total
773.13
Pursuant to a scheme of arrangement, shares of the Resulting Company would be distributed pro rata to the existing shareholders of the Company. Such a scheme would have to be approved by three-fourths in value of the creditors and of the shareholders of the Company present and voting at a meeting of the creditors and members, respectively. In addition, the scheme of arrangement would have to be approved by the relevant court. Indian counsel has advised that it generally takes approximately 6-9 months from the time such a scheme of arrangement is filed with the High Court until the time that a decree of demerger passed by the High Court is filed with the Registrar of Companies to render the scheme effective.
Under the Share Purchase Agreement and the Shareholders' Agreement, as part of the consideration for its purchase of a portion of the Government's shares in the Company, Panatone Finvest Limited agreed to transfer to the Government of India, without further consideration, a portion of the shares of the Resulting Company that it receives, such portion to be proportionate to the number of shares of the Company purchased by Panatone Finvest Limited from the Government of India. In the event that the demerger does not occur or the Company sells or develops the Surplus Land, Panatone Finvest Limited has agreed to pay to the Government a pro rata portion of any benefit accruing to the Company as a result of such sale or development, as determined by an appraiser. In its tender/open offer, Panatone Finvest Limited made similar undertakings to the persons who tendered their shares of the Company and whose shares were accepted for payment.
It is possible that the Company may have to pay significant capital gains taxes and the Resulting Company may have to pay applicable stamp taxes if the proposed demerger is found by the Indian courts not to fit within the statutory definition of "demerger" under the Income Tax Act, 1961. The Company believes these taxes could be substantial.
No time period is specified in the Shareholders' Agreement or the Share Purchase Agreement for the demerger of the Surplus Land. However, the agreements state that if for any reason the Company cannot hive off or demerge the land into a separate entity, alternative courses as stipulated therein would be explored. The Company presented a draft scheme for the demerger before the Board of Directors on April 11, 2005, and the legality and feasibility of implementing the demerger is currently being examined by the parties. The Company cannot predict if the demerger will take place. Until such time as the demerger takes place, the lands are under the possession and upkeep of the Company.
39
VSNL Employees Co-operative Housing Society, Chennai (Society) petitioned the Honorable Delhi High Court seeking guidance for the Company, Government of India (GoI) and the Strategic Partner in respect of their long pending issue relating to the transfer of 32.5 acres of land situated at Padianallur, Chennai to the Society. The said piece of 32.5 acres of land forms a part of the surplus land and, therefore, the Company appeared before the Honorable High Court, in its custodial capacity by virtue of the SHA in respect of the surplus land. The Honorable High Court, after hearing the matter decided in favor of the Society. The matter was appealed by the Government of India for review of the decision which was finally dismissed by the division bench of the Honorable High Court. Thereafter, with the due approval of the Board, in order to comply with the orders of the Honorable Delhi High Court, the Company has proceeded to transfer the said land to the Society.
On September 14, 2007, a public interest litigation petition was filed against the Company and other respondents in the Bombay High Court by petitioners who represent the farmers of villages in which some of the Surplus Land is located. The petitioners are seeking an order directing the respondents to take immediate steps to restore to the petitioners certain of the Surplus Land which are not being used by the Company. These lands have been acquired by the Company starting in 1924. This Petition was withdrawn by the Petitioners.
See "Item 3. Key Information—Risk Factors—The demerger of surplus land held by the Company may not be completed on satisfactory terms."
UNRESOLVED STAFF COMMENTS
None
OPERATING AND FINANCIAL REVIEW AND PROSPECTS
The following discussion of the results of operations for the fiscal years ended 2006, 2007 and 2008 and financial condition of the Company as at March 31, 2007 and 2008 should be read in conjunction with the audited consolidated financial statements of the Company and the notes thereto included elsewhere herein prepared in accordance with US GAAP. The Company's fiscal year ends on March 31 of each year, and therefore all references to a particular fiscal year are to the twelve months ended March 31 of such year.
Excerpt taken from the VSL 20-F filed Oct 1, 2007.
__._,_.___International Human Rights Organisation (IHRO), of the Indian subcontinent, is a NGO, with national focus and overseas lobby network. It agitates both in India and internationally.![Yahoo! Groups]()
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Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/
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