WORD FOR WORD: Vedanta boss Anil Agarwal mocking Zambians on how he milks $500 million every year from KCM when he just bought it at $25 million. 00:02 7-8 years back, hunger remains to do big work 00:07 pondering what to do 00:08 how can we let life go in vain? 00:10 I saw it in the paper FT (Financial Times) 00:11 (drinks mineral bottled water ) 00:16 there was largest copper mine in Africa 00:21 that copper mine was up for sale 00:26 that government was privatizing it 00:28 I got quite interested in it 00:29 I asked few people, they replied, “aren’t you ashamed?” 00:30 “what ridiculousness you are talking of?” 00:34 I told them – “where is the problem in talking?” 00:36 “speak to them let us see…” 00:38 Then he saw it, it was a big deal 00:41 I have a friend in McKensey – Ranjit Pandit 00:46 I went to him, asked him to make papers 00:48 “Make the papers beautiful, professional” 00:50 Papers were prepared. We kept it at 400 million. 00:56 In pocket we do not have 4 million!… bidded for 400 million! 00:59 25 million … 25 million that we ha ha ha … 01:03 Take chance in life definitely! 01:06 All people sitting there… Take chance! 01:08 If you won’t take chance, nothing will happen 01:10 (Clapping, Whistling… ) 01:16 Why we are different – 01:17 different because we take chances 01:18 I told we have to take chance 01:20 Then we said “25 million we will give you cash 01:25 and 325 million we have to invest in 01:27 making the machines running” 01:29 We forgot the matter, and suddenly 01:31 in about a month or so, we received calls 01:33 they invited us. We called up and inquired 01:36 They confirmed “this company is yours” 01:37 “really ?” 01:38 I took one of our engineers and went to Johannesburg 01:42 and further changing flight there to Lusaka 01:45 When we arrived there, were surprised to receive 01:48 VVIP treatment there, red carpet, entire govt machinery 01:50 has arrived at airport to receive us. Surprised seeing such 01:53 arrangement we asked someone. “Its all for you sir”. 01:55 “How many people you have in the delegation team?” 01:57 Ministers, VVIP vehicles, cavalcade… We were told “you 01:59 will be going to the parliament today; and President’s place as well” 02:03 “Where are your people? Its necessary to meet the President.” 02: 09 repeatedly we were asked “where is your delegation?”. 02:12 I asked “what delegation? We are the delegation only”. 02:17 (Laughs) 02:21 We were taken to the President. The President… “Your excellency 02:24 We are 30 people in our delegation. But we missed the flight 02:27 at Johannesberg.” 02:30 (Audience Laughs) 02:31 “Can you wait till tomorrow? 02:33 They all will come” 02:34 (imitating President) “No No No The Parliament is tomorrow, 02:37 we have to decide today.” 02:39 “Key is ready” 02:40 “Are you ready ?“ 02:42 (imitating self) “I am ready, I am always ready 02:44 I will handle it”. (Laughing) 02:49 And they came, what a Parliament House!… first time I saw. 02:52 Chuckling 02:53 I had held a bead necklace (in name of God RAM) and 02:55 kept chanting, moving ahead 02:58 With my smiling face 03:01 When I seated there with my man, the President came 03:04 and sat by our side. He told the entire parliament 03:07 that what great people we are, 03:09 and our empire, and that they will 03:11 make our lives gorgeous. And they will 03:13 make schools, make hospitals and blah blah ….. 03:16 We just kept watching chanting Gods name there. 03:20 All you make, what we make !!! Ahhh ha ha ha ha ha ha 03:22 (Clapping) 03:30 We took over the company. Its been 9 years, and 03:35 since then every year it is giving us a minimum 03:38 of 500 million Dollar plus 1 Billion Dollar every year 03:41 has been continuously giving back. 03:45 It’s a matter of taking a chance. I will keep 03:47 telling you stories. We had oil company. They told us 03:51 no one else can buy oil company. We shall update the video in due course
Posted on: Wed, 14 May 2014 15:08:43 +0000