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PHOTOS: FOTOCORP.COM

Can NCP Wrest Speaker’s Seat In Maharashtra?

Sharad Pawar is a good negotiator. Despite some NCP leaders prematurely seeking that Congress “do something soon” to prevent Sena-BJP resuming charge of the Maharashtra government in 1999, he kept Congress on tenterhooks till it accepted a power-sharing formula. He had told confidants then that had it been left to him from the start, the NCP would have got the CM’s post and the Speaker’s too, leaving some crumbs for the other. It is likely that hard bargaining for the Assembly’s Speaker’s post is in the offing. With Nana Patole quitting speakership on being appointed Maharashtra Congress President, the Speaker’s post has once again become a coveted target for all three parties constituting the government. The Maha Vikas Aghadi comprising Shiv Sena, NCP, and the Congress are not going to let go of an opportunity to grab it. Would the consummate Pawar, hailed as the architect of the coalition MVA, ensure his party gets the Speakership?  Despite being partners with some give and take between them, except for the Congress making some noises against the Sena, the government has been functioning fairly in the Covid19 environment. Patole’s exit has clearly unsettled the equations. Now the fun begins.
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$2.5 Mn: Why Aren’t We Talking About This, Ms Rihanna

Well, that’s the amount for the Tweet that launched a thousand ships against India. For the Delhi cops, this is all a part of the very original Greta Thunberg ‘Tool-Kit’ that earlier sent thousands of tractors rampaging through the Capital on the Republic Day, delivering India its Capitol Hill moment. According to investigative website The Print, international pop star Rihanna was allegedly paid $2.5 million (Rs 18 crore) by a Canada-based Public Relations firm to tweet in support of farm protest. The PR firm’s Tool-Kit for Dummies (leaked by ‘Child’ Greta by mistake) instructs the protestors on a range of goals: how to Disrupt ‘Yoga and Chai’ image of India; Watch out for Physical Actions during the first-of-its-kind Farmer’s March/Parade into Delhi on Jan 26th; and how to create a Twitter Storm. The PR project clearly has all the hallmarks of a well-funded conspiracy – and it’s designed not to stop at the repeal of farm laws. Now after disclosures on Rihanna, Twitter is afire with guesses on what inspires former porn star Mia Khalifa to support farmers. And we are asking: Why the paid tweet didn’t carry the tag of the sponsored or commissioned content?
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Insider Trading: Beware Of Rules

Legendary investor Warren Buffett said: “Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.” The stock market is not for the weak-hearted – nor for Inside Trading. An NSDL campaign is creating awareness among the retail investors not to fall prey to the Insider Trading. If you are an equity investor, chances are that at some point in time you would have been offered an ‘insider tip’ to conduct a trade in a particular stock to make quick money. If the tip turns out to be false, you could end up losing money. If the Tip turns out to be true, although you might make quick money, it could land you in legal trouble. Insider trading is a punishable offence, as per the SEBI. The BSE, the NSE, and the SEBI keep routinely tom-tomming about such instructions – and yet the greedy investors keep falling prey to such Tip messages.  Looks like investors seem to blindly follow the investment philosophy of Gordon Gekko in the movie Wall Street, “Greed, for lack of a better word is good.” And we know where insider trading and greed got Gekko and his ilk.

TRENDS & VIEWS

Editor’s Note: Big Punch In Small Pack

It is the Third Anniversary of Short Post and as a news media startup launched during the Covid-19 pandemic it certainly feels better than good to find ourselves where we are today. Here, I must cite the unstinted support of our seasoned contributors, all senior editors in the country, who brought a great degree of maturity and sagacity to the Short Post newsroom. But for them, our tagline “Authentic Gossip”, an Oxymoron, would not have matured viably. Our user numbers may be small but our stories have created the desired impact among people who matter — decision makers and influencers. We offer a big punch in a small pack and Short Post with its 225-word stories has been punching above its weight category. Having posted close to 3,000 stories in the last 36 months, Short Post, I feel, is an idea whose time has come.
And this is vindicated by our two marquee advertisers – IDFC FIRST Bank and ICICI Lombard. Both believed in our story and have supported us from Day one. A big thank you to both.
If you look at the media landscape – print, TV and digital — it is a mixed bag. There are job losses as some outfits have closed down while a lucky few were bailed out by large corporate houses. Yes, there is a lot of action in the digital space. However, the entry of corporate houses has raised the question of independence of news media outfits. Sadly, there are just a handful of independent media outfits in the country that are highly respected for their neutrality. At Short Post, our credo is not to take sides, prejudge issues or be biased but, informing readers of behind-the-scenes happenings. In essence, Short Post strives to be a neutral editorial platform — neither anti-establishment nor pro-establishment.
As I said last year, disruptions in the media world are moving at a fast and furious pace. Technology is playing a very big role in how content is generated and consumed. But, we are neither alarmed nor perturbed as it is all a part of the evolution process. What gives us comfort is that AI is unable to create original gossipy content. And that is the news arena where we have achieved a distinction.