Is it a shame if Indian company buys a US/UK company?

Isn't it a racist remark when someone tells that "Its a shame to us to have a Indian company taking over our (US/UK) company?"

Well, but this has been the words of some of the famous and most posh business magnets of the world; they very well understanding the Globalisation happennin in the world and who very much know the contribution of India to Globalisation.

Read the full story here from TIME

India a emerging power is set to take over many of the said "posh" businessess all over the world with the intellect and the power of money we have. What do these industrialists mean when they say "We do not want an Indian to take over our business"? This is nothing less than a racist remark and I am sure the whole of India, each and every Indian resident / Non-resident would comdemn.