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Shekhar Gupta: Hello and welcome to Walk The Talk. I am Shekhar Gupta, at Taj Wellington Mews in Bombay, and my guest today, Ratan Tata, in very unusual times on a very special day. There is a candle lit right behind you because this is the second anniversary of the terrorist attack. I understand your reluctance to walk in the corridors of the Taj today, it's all very fresh and raw...
Ratan Tata: Thank you for honouring that wish. Thank you very much for having this session today, it's always an honour, it's always a pleasure to be with you.
Shekhar Gupta: I also said unusual times, you know why. Because there is a certain murkiness in the air right now, particularly when it comes to government-business interface...
Ratan Tata: Yes, it is a murky time, you are right. It's a confusing time for me because just a couple of weeks ago, we were sitting sort of... on top of a summit or a mountaintop with President Obama showering praise on what we had done, talking about maturity, talking of our having emerged, and not being an emerging force... and then we have somewhat slipped into a morass of a series of allegations... unauthorised tapes flooding... the media going crazy on alleging, convicting, executing... literally character assassination. In fact the whole thing in so doing — there has been a smokescreen behind what is really the so-called scam — which really is out-of-turn allocation of spectrum, hoarding of spectrum by important players for free... and things of this nature. So I think these are bad times. I wish the government would take a stand, bring an auditor... have an investigation and book people who are guilty of something, but stop this sort of banana republic kind of attack on whoever one chooses to attack on a basis unsubstantiated even before the person has what I consider every Indian's right — namely to be considered innocent until found guilty in a court of law, not on the street, not in this way...