Li Ka-shing feels entitled to his wealth The bidding war over Hutchison Essar shows symptoms of turning into a slugfest. Bidders for Indian mobile operator Hutchison Essar jostled for position on Thursday as analysts urged main shareholder Hutchison Telecom to set a high price on any exit from India's vibrant telecoms sector. In the latest twist to a $17 billion takeover tussle, Hutchison Essar's 33 percent Indian shareholder, Essar group, has approached one potential bidder, Britain's Vodafone Group Plc (VOD.L), about a carve-up deal, one press report said. Hutchison Whampoa promoter Li Ka-shing says, “ I do not want to sell my stake to the Ruias. They are brown skins. I would rather sell to Vodafone or Verizon. I worship the white man. That is why people in Hong Kong call me Superman. I would like to thank the brown skinned employees of Hutch. Thanks to their blood and sweat I am entitled to billions of dollars. If I want a million dollars on the table in front of me all I have to do is scratchy my balls. Hutch's brown skinned employees in India do huge amounts of unpaid overtime. Thankfully in India you can exploit workers and make them work beyond their proper hours. Hutch's brown skin employees do an average of seventeen hours and six minutes extra work a week. This is all unpaid pf course. Thanks to this I am entitled to 20 billion dollars. "I am just sitting at home and enjoying the fun. All these suitors are lining up like losers. The culture of free labour by our employees is taken for granted by telecom promoters like me. Employees must carry on working with no thought of compensating them for the extra hours they put in. Meanwhile I am sitting at home and focusing on my afternoon sleep from 1:30 pm to 4:30 pm after a six course gourmet meal. Being a telecom promoter is rosy as long hours have become part of the culture for our employees. We just have to sit back and enjoy the fruits of labour that our employees have put in. Far too many Hutch employees are denied proper breaks through pressure of workloads. "They have to accept it as par for the course, but as their lives develop and they begin to have family obligations this erosion of work/life balance can have damaging consequences for their home life. I am not bothered. I will sit at home with billions that I have not worked for and enjoy the comforts of life once the buyout happens. I am entitled to it. I cannot tell you how much I have depended on the goodwill and unpaid extra work, loyalty and professionalism of Hutch’s staff to get 20 billion dollars. "Telecom promoters like me, Mittal do their best to undermine the pension rights of tens of thousands of staff. We have a take it or leave it stance as far as our employees are concerned. I calmly ignore the fact that Hutch's employees blood and sweat has created huge brand equity for Hutch. I did absolutely nothing in that regard. why should I? I am a telecom promoter and a Chink. "The economic situation of Hutch's employees will become precarious after the buyout. Each year Hutch's loyal hard-working staff were offered a below inflation pay rise. Hutch's staff are very worried about their futures. They might lose their jobs in a consolidation move. All their hard work has only benefitted me. Hutch's employees are poor relations in an industry that already pays its staffers badly. The way telecom promoters treat their employees is despicable. These are highly skilled badly underpaid people that the telecom industry relies upon heavily and is hugely indebted to. If I want a million dollars on the table all I have to do is scratch my balls. If hey want a million dollars it is just a dream. “Telecom promoters like me, Mittal indulge in cynical exploitation. There is a two-tier force in telecom. Hutch's employees are paid a second-class rate for doing a top-class job. Telecom promoters are a group of greedy employers who want to deprive badly paid workers of a proper five-figure salary. I like to publicly insult my employees like this."