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In the wake of escalating face-off between the Chennai-based Tractors and Farm Equipment (TAFE) and its American partner AGCO over the ownership rights of Massey Ferguson in India, a two-member bench of the Madras High Court has stepped in to direct the warring parties to “maintain status quo until the original applications are heard and disposed of by the learned single judge. “For avoidance of doubt, we hasten to add that the observations made herein are tentative and solely intended for the purpose of disposing of these appeals. We have not delved much into the various rival submissions. All rights and contentions are kept open,” the two-member bench said in its order on Monday. The relationship between TAFE, an Amalgamation group company, and AGCO Corporation of the U.S. hit a nasty bump in April last when the AGCO management terminated commercial agreements -– including the one on licensing the Massey Ferguson brand — with TAFE. The Chennai firm quickly got a stay on this from a commercial court. When AGCO subsequently confirmed the termination, TAFE filed a contempt petition in the Chennai commercial court. Separately, TAFE also moved the Madras High Court, asserting its ownership right to Massey Ferguson brand. TAFE had got a favourable interim order from the Madras High Court. TAFE had filed a civil suit before the Madras High Court against Massey Ferguson Corporation, a subsidiary of AGCO, claiming that the said trademarks are distinctive of TAFE in India and exclusively owned by it. It had sought the Madras High Court to declare that TAFE owns the Massey Ferguson brand/trademarks in India. With the HC bench asking both parties to maintain status quo, all eyes are on the upcoming proceeding before the single judge. It is “advantage TAFE” at the moment, however.
With only 12 days remaining for the BCCI Secretary Jay Shah to take charge as independent chairman of the International Cricket Council (ICC), clarity has not emerged as to who would perform the duties of the Secretary from December 1, 2024. First and foremost, election has not been called for the post, and this could be because the BCCI Constitution has adequate provisions for its Joint Secretary to perform the Secretary’s duties. The BCCI Constitution says: “The President shall, in the event of a vacancy or indisposition of an office bearer, delegate the functions to another office-bearer until the vacancy is duly filled up, or the indisposition ceases.” In this case the BCCI President Roger Binny has the right to assign duties to any other office-bearer. Shah who has been the Secretary from 2019 may be allowed a grace period to hand over the work to someone else. Next week is going to be hectic for the ICC to take a call on the format and venues of the ICC Champions Trophy 2025 (Feb-Mar) because the BCCI has conveyed to the ICC that India will not travel to Pakistan. The BCCI, nay Jay Shah, would like to see a finality to the Champions Trophy issue, in particular where India will play before he takes charge of the ICC. If the Champions Trophy has to take place, the Pakistan Cricket Board has to accept a hybrid model with one group (with India in it) playing league matches, most likely in Dubai and keeping the venue of the semi-finals and final, open. The PCB may not be in a position to lose the hosting rights and thereby with it a fee of around $ 70 million!
The ‘Satta Bazaar’ is betting down (dampened market sentiments) over Maha Vikas Aghadi (MVA) forming Maharashtra’s next government. A market player says, “Punters have never been wrong before. Dampened stock market spirits indicate the Mahayuti Alliance is unlikely to win notwithstanding sops galore unleashed by CM Eknath Shinde.” Differing with market pundits, BJP says, “Markets crashed after Foreign Portfolio Investors withdrew Rs 1.25 lakh crore in October (out of total Rs 71 lakh crore total stock investments in India) seeking better pastures after China announced stimulus. FPIs sold Rs 8700 crore stocks in April, Rs 25,600 crore in May then bought Rs 26,600 crore worth in June, Rs 32, 400 crore in July, Rs 7300 crore in August and Rs 57,700 crore in September before the big sell off in October. Already overleveraged NSE slumped, the subdued corporate sector quarterly results after much hype triggered a profit-booking mindset among investors.” Donald Trump’s ascendancy as the next U.S. president (previous tenure witnessed negative bias towards precious metals) bodes badly setting price corrections of gold and silver even as the U.S. dollar firms up, adding to Indian stock market woes. The BJP leader adds, “Maharashtra contributes around 14% to India’s GDP but even when MVA ruled for 2.5 years Modi-nomics ensured high buoyancy on Indian bourses despite stalling of bullet train project, Rs 14,000 crore cost escalation of Metro project.” The market punter, however, cites India’s financial capital Mumbai in Maharashtra that ensures most Indian business gravitates around the state while explaining the gloomy market mood over MVA’s likely win. November 23 will reveal the truth when the political bets are finally called out.
In a massive setback to AAP, Delhi’s transport minister and Jat leader Kailash Gahlot resigned from the party, citing “grave challenges” and “awkward” controversies in a letter to AAP convener Arvind Kejriwal months ahead of Delhi Assembly polls. He has joined the BJP. Gahlot’s exit is well timed in the sense that it comes days before Maharashtra goes to polls. AAP, an INDIA Bloc partner that has no stake in the state polls. But it must be said Gahlot’s exit was something that was in the works for some time now. It is believed that the seeds of discord between Gahlot and the AAP leadership were sown on August 15 over unfurling the national flag during the Delhi Govt’s I-Day celebrations. Delhi CM Arvind Kejriwal, who was in jail on charges linked to the alleged liquor policy scam, had wanted Education Minister Atishi to unfurl the flag. Delhi Lieutenant Governor VK Saxena however felt Gahlot was more suitable for the job as he held the Home Department. Meanwhile, Kejriwal indicated that Gahlot had quit as he was under pressure from the ED and IT. In his resignation letter, Gahlot pointed to how “Political ambitions have overtaken our commitment towards people, leaving many promises unfulfilled”. In an apparent swipe at Kejriwal, he referred to “many embarrassing and awkward controversies like the “Sheeshmahal” — a term used by the BJP to refer to the CM’s residence renovated during Kejriwal’s term costing the exchequer Rs 45 crore.
A major controversy has erupted in Tollywood as over 233 directors from films, TV and independent media have filed a defamation suit against Swarup Biswas, president of the Federation of Cine Technicians and Workers of Eastern India. The Rs 23-crore lawsuit follows Biswas’s contentious remarks alleging rampant sexual harassment in the film industry, with 60% of complaints purportedly against directors and producer-directors. The hearing will take place on January 10. Swarup, the younger brother of Aroop Biswas, Bengal’s Power and Housing Minister and a close aide of chief minister Mamata Banerjee, finds himself at the centre of an unprecedented protest by Tollywood’s creative community. This is, perhaps, the first time that Tollywood has publicly challenged the Federation. Directors and producers have also criticized what they call “red-tapism” and “arbitrary demands” imposed by the Federation, including its control over unit sizes, pay scales, working hours, and technician selection. At the Eastern India Motion Picture Association’s (EIMPA) recent AGM, Swarup Biswas proposed that producers deposit Rs 5 lakh each as security to ensure timely technician payments, citing Rs 50 lakh in pending dues. Producers have outright rejected the demand, questioning the Federation’s accountability and EIMPA’s silence on the matter. Veteran actor-director Aparna Sen has publicly questioned Swarup Biswas’s credentials, asking for proof of his contributions to the industry. Biswas holds an assistant director’s card, which is reportedly issued only to those involved in at least two films. Actor-politician Roopa Ganguly also criticized the Federation, accusing it of politicizing the industry and questioning why filmmakers often seek the CM’s intervention during crises.
If rising onion prices decided the election outcome in many states some decades ago, falling soybean prices could impact the outcome in around 70 assembly constituencies in Maharashtra. Hence, Prime Minister Narendra Modi as well as Congress president Mallikarjun Kharge, representing two ends of the political spectrum, are found promising farmers of much higher rates, but only after they are elected on 20 November. The sensitive constituencies are spread in Marathwada and Vidarbha regions, where cotton and soybean are the main cash crops. The current market rate of Rs 4000 per quintal is unacceptable to the growers though they have no choice but to sell the produce as it can’t be stored for long. The MSP is Rs 4800 but not enough stocks are lifted by the machinery. The ruling saffron alliance has been promising better tariffs. The government hiked the soybean import duty in a bid to jack up the prices but the hike was of only around Rs 400, still leaving a gap of the same amount. Sensing the distress and the government’s inability to make any major announcement, Congress leader Rahul Gandhi has promised Rs 6000 per quintal of the legume. To go a step further, Congress president Mallikarjun Kharge has pledged to pay Rs 7000. Shiv Sena leader Uddhav Thackeray has also joined the chorus. The two regions had by and large supported the opposition Maha Vikas Aghadi during the Lok Sabha election. Hence, Mahayuti leaders are wary of saying anything that can dampen their prospects.
Are the re-runs slowly becoming a revenue model both for producers and exhibitors who have been grappling to bring back the audiences to cinema halls? Diwali turned out to be decent but then again we are gone back to re-release of films. Shah Rukh Khan’s Veer Zara re-release has been appreciated. Rakesh Roshan plans a re-release of Karan Arjun with a huge number of screens after 30 years of its release. This again has Shah Rukh Khan and Salman Khan coming together for the first time on screen. SRK’s Kal Ho Naa Ho and Pardes too are re-releasing in cinemas. Those in the trade feel that re-release of Tumbbad, Rehna Hai Tere Dil Mein and Laila Majnu have given courage to producers to cash on re-runs. The re-runs have stirred both excitement and curiosity. Traditionally, re-releases were reserved for timeless classics, but now more recent films are being revived, prompting questions: Is this trend purely nostalgic, or is there a deeper strategy at play? According to Trade Analyst Saurabh Varma, the re-release phenomenon is benefiting the cinema industry in multiple ways. For producers, re-releasing films is a cost-effective option. The marketing and distribution expenses are far lower than for new releases. Re-releases tap into the large fan bases of iconic films, giving long-time fans a chance to relive their favourite stories on the big screen. Furthermore, these revivals provide a unique opportunity for younger viewers who may have missed these films during their initial release. The combination of nostalgia and iconic music resonates deeply with audiences.
It’s a drivetrain solution provider for windmills and industry applications. Every one out of three drive train products installed across the globe bears the brand name of this one. Truly, this German major has traversed quite a long way and undergone a major metamorphosis in the process. One-and-a-quarter-century-old Bocholt-headquartered Flender has significant presence in India. Not surprisingly, the top management team of Flender was in Chennai a few days ago. The presence of the top honchos was more to reiterate the commitment of Flender to India. After all, it has been in India since 1961. It now has three production sites — one each at Kharagpur (WB), Chennai (TN) and Walajabad (TN). Around 10% of its nearly 9,000 skilled personnel across the globe are housed in India. And, it has been putting more money into this country since 2020. Why not? For one, India is the right choice for all those who are looking for the China Plus One option in the post-Covid era. For another, the focus world-over is now increasingly on sustainable development. The robust ecosystem — the presence of assorted turbine makers and a well-evolved supply chain — according to its India CEO Vinod Shetty, is ideal suited for Flender to aspire for a bigger role in driving energy transition in the country. Indeed, Flender is quietly expanding its India operations for a bigger role in its global game plan.
Tamil film producers and their financial backers are now rethinking this model — big money, big stars, big projects but no guarantee that it will reap profits. So the new strategy…safe and secure than spend thrift and sorry. Can small budget films do big business? A resounding yes to three of 2024s baby budget films that warmed the cockles of producers’ hearts. Three films of this year, Lover, Lubber Pandhu and Vaazhai have pulled in amazing profits and massive margins. Lover’s budget was a mere Rs 5 crore, and plus other expenses added the total cost to Rs 6 crore. Hold your breath! It made a profit of Rs 13 crore. But Lubber Pandhu (Rubber Ball), a title that would have gone unnoticed, made the biggest rake in for Prince Pictures who earned Rs 35 crore in TN gross alone — 300% profit. Vaazhai was no sneeze over either…it brought Rs 12 crore profits in TN. Film making costs and exhibition/promo expenses can zoom up dangerously, and after paying the incredible star salaries, if the film’s overflow is modest, stakeholders have no insurance cover to fall back on. Small is big is fast becoming the new open sesame for Kollywood to stay safe.
Veteran leader Sharad Pawar finds commonality between Vote Jihad and a particular section of the people voting for the BJP. Explaining his stand, the NCP founder said it was seen in Pune that the BJP was consistently supported by a certain segment (read Brahmin) in some areas. We expect this to happen though don’t call it Vote Jihad, he remarked. According to Pawar, if such voting patterns happen, it is the right of every community to vote as per its choice. He again charged that deputy chief minister Devendra Fadnavis had raised the issue of Vote Jihad. Pawar’s jab was directed at those specific areas of Pune where Brahmin population is dominant and mostly BJP candidates are elected from such localities. Time and again, Pawar has been accused of creating the bogey of caste with an eye on electoral gains by engineering a rift between sections of the electorate. In support of his contention, Pawar said slogans like ‘batenge toh katenge also fall in the same category as they have a communal shade. He alleged that the issue has been cropped up by the ruling dispensation as it is desperate at the bleak prospect in the assembly election, after the Lok Sabha rout. Fadanvis had condemned the Vote Jihad philosophy after cleric Sajjan Nomani released a list of the Maha Vikas Aghadi candidates and asked the Muslims to vote for them.
Three ministerial resignations in Yogi Adityanath’s government — Swami Prasad Maurya, Dhara Singh Chauhan, Dharam Singh Saini – that rocked the poll-bound BJP bandwagon in Uttar Pradesh had been in the works for six months. All the three quit Mayawati’s BSP and enrolled BJP just ahead of the 2017 assembly polls while alleging money demands made by Behenji. Their hurried exit and joining Samajwadi Party may take some sheen off the BJP’s “double-engine Sarkar” theme but, the OBC leaders by themselves are no political Bahubalis. A segment of BJP in UP feels the BSP imports were overrated and blame BJP general secretary Sunil Bansal, who inducted them. Sources said while Maurya and Chauhan alleged neglect of OBCs during four years that he was a minister under BJP rule, even as the ex-ministers flexed their political muscles. They fell out over their demand for assembly seats not being met by the BJP. “Maurya asked for a dozen seats including a ticket for his son. Chauhan wanted 7-8 tickets for his people”, says a BJP insider. Will the OBC leaders’ exit wreck the caste coalition BJP had stitched in UP? “What is the guarantee that these OBC leaders will fit into the SP’s Muslim-Yadav (M-Y) matrix? As it is, there is non-acceptance of M-Y domination in UP villages,” says UP minister Sidharth Nath Singh.
The beleaguered Punjab and Maharashtra Urban Co-operative Bank’s (PMC Bank) draft amalgamation scheme with Unity Small Finance Bank (transferee bank) may have to be reworked ahead of the upcoming BMC polls. The fly-in-the-ointment pertains to the clause that “no further interest will be payable on interest-bearing deposits of transferor (PMC) bank for a period of five years from the appointed date (of merger). It will be a long wait of five years for innocent depositors to be paid their money in full. PMC Bank’s deposits stood at Rs10,535.45 crore at end of March last year with nearly 50,000 depositors expected to bear the brunt of the current deferred payment scheme. A number of housing societies (read voters) in Mumbai had deposited their funds in the PMC Bank. Even bank employees’ cooperative credit societies were caught in this jam: The RBI Officers’ Co-operative Credit Society with some 3,500 members has FDs of Rs 105 crore while the RBI Staff & Officers Co-operative Credit Society with nearly 8,300 members has Rs 86.50 crore. Sahakar Bharati, a powerful force in the cooperatives space, has already made clear its discomfort with the scheme as things stand today and sought a relook at the repayment plan for depositors. Will political parties in the BMC polls fray take up the issue now? Last year, the RBI gave a licence to Centrum Financial Services and BharatPe to set up a small finance bank, Unity Small Finance Bank so the PMC Bank could be amalgamated with it.
Move over Japan and USA, India now has a 300MW gas insulated substation (GIS), which can scale up to 700MW, that ensures full power 24×7 to 10 data centers on the two-million square feet Mumbai campus of CtrlS. Backed by three different sources and diversified paths that power it at all times, the GIS facility will allow businesses to co-locate their high-density IT infrastructure with seamless scalability, customized to growth requirements. The Hyderabad-headquartered data center major, with a campus in Noida too, is in the business of guaranteeing totally safe data hosting to its global clients. The new GIS facility with “very limited” sensitivity to environment and humidity, is corrosion proofed, seismic resistant, operating life longevity of over 50 years and maintenance free for 25 years. It is not only advanced but sustainable, too, possessing LEED Platinum certification and, designed to withstand earthquakes measuring 9 on the Richter scale. “This deployment is our commitment to the industry as we continue to address the growing needs of hyper-scalers, telcos, BFSI, healthcare, gaming and new-age companies,” says CtrlS Datacenters Founder & CEO Sridhar Pinnapureddy. The GIS technology originally started in Japan in the 1960s to save space as against, conventional air-insulated substations. Even in the USA only about 2-5% of new substations constructed are GIS facilities.
South Africa had the last laugh at Cape Town and outwitted India 2-1 to win the Freedom Trophy. Had India put it across the home team on the auspicious day of Makar Sankaranti, it would have become the first Asian team to win a Test match at a city that visitors visualise as “God’s Own”. So hitherto India/Pakistan/Sri Lanka have not won a Test match at a fascinating venue that’s beneath the Table Mountain and Devil’s Peak. India has now played six matches at Newlands and lost four, Pakistan and Sri Lanka four each and lost all. Bangladesh has not played a Test at this venue. The successful touring teams have been Australia which has played 14 and won 10, England has played 21 and won 10, and New Zealand has played three and won one. The West Indies has played four and lost three and Zimbabwe has played one and lost it. India created an opportunity to sort of buck the trend that has occurred over the last three decades because Asian teams have been playing in South Africa only after the apartheid policy was dismantled in the country. The sage of South African cricket, Dr. Aron ‘Ali’ Bacher said thus some hours before the start of the fourth day’s play: “Great Test series and a great Newlands Test match.”
Malaika Arora’s Bollywood career started in 1998 with run-away hit item song Chaiya Chaiya making her a star. She stayed rooted as an item girl without the urge to evolve as an actor perhaps, by design. The 47 years young model, fitness freak single mom carved a distinct place in Bollywood with more memorable item numbers including Gur Naalo Ishq Mitha, Maahi Ve and, Munni Badnaam Hui. This Mumbai-born middle-class lass started modeling as a teenager that made her film industry smart. She typically took in her stride and moved on, after her 19-year marriage with Salman Khan’s brother, producer Arbaaz Khan soured. She walked away with her son and started afresh, even dropping the Khan surname. She is a brand and needs no morning walks with a pet dog in tow, as other paparazzi crazy stars do. Malaika still bags modeling assignments, is part of dance reality shows and partners with Sarvanga Yoga to post pics of various asanas over Instagram. A Bollywood insider says, “She is a person, unlike most celebrities, comfortable in her body. She wears what she feels like and aces it.” She showed guts by dating a younger man, actor Arjun Kapoor and soon may even tie the knot. Malaika’s is the story of a strong-willed woman who has come of her own, on her own terms.
The third wave (Omicron) has turned politically providential for the Maha Vikas Aghadi (MVA) government in Maharashtra that is actively considering deferment of scheduled local self-body elections including the big stakes Brihanmumbai Municipal Corporation (BMC) in Mumbai. The MVA is beleaguered after the SC ordered the elections, re-designating 27% of allocated OBC seats in the general category. Faced with a political backlash from the unrepresented backward castes, MVA is actively considering postponement of polls to April/May 2022, giving it ample time to complete the ongoing fresh OBC census. A Shiv Sena minister’s aide told shortpost.in, “Omicron is spreading faster. We are considering postponement of elections to BMC and other local bodies scheduled in February 2022.” In the previous elections to BMC in 2017, the richest civic body in India, saw the Bharatiya Janata Party and Shiv Sena fighting tooth and nail against each other, and winning 83 and 85 seats respectively. Post elections, BJP withdrew from its natural claim to be leader of opposition post in the civic body, which then went to the Congress party. This time though, there is no state alliance between the two parties and no love lost either. While NCP and Sena announced joint plans to contest BMC elections, the Congress is yet to make up its mind.
AICC General Secretary Priyanka Gandhi Vadra kept her word giving 40% tickets to women in Uttar Pradesh as she released her party’s first list of 125 candidates for the state that featured 50 women candidates. There are going to be 120 women candidates out of a total 403 seats. Prominent among Priyanka’s picks were Asha Singh, mother of the Unnao rape victim, who battled for justice for her minor daughter. The other candidates include Poonam Pandey, an Asha worker who was allegedly roughed up by the police while trying to meet UP Chief Minister Yogi Adityanath in Shahjahanpur in November last year, and Congress leader Sadaf Jafar, who was incarcerated over the anti-CAA stir in the state. The list also has Ramraj Gond, who had spearheaded the Gond tribals’ legal battle over land in Umbha village in Sonbhadra. Significantly, Priyanka took a lot of pride in her candidates that she aired a short video clip on her activist candidates. Priyanka feels by setting a gender agenda, she has made other political parties follow suit. Has she? The BJP dismisses such challenges. After all, in the Lok Sabha, out of 81 MPs, 42 belong to BJP.” It is not enough that more women are fielded; it is important that the party helps them get elected,” says BJP spokesperson Anila Singh.
Mythologist-author-speaker Devdutt Pattanaik courted controversy, even before he spoke, as invitee of the Ministry of Youth Affairs and Sports at the Two-Day National Youth Festival virtual conference, Puducherry. This may also have led to his live telecast over Doordarshan being blanked out. Pattanaik’s session was not televised live by DD due to “unforeseen technical issues”, said Kanchan Gupta, senior advisor to the I&B Ministry. Union Minister Anurag Thakur also faced flak from his own party and women’s pressure groups asking why the mythologist was chosen to inspire youth through his lessons from Bhagavad Gita? Sexist, misogynist and sexual abuses frequently hurled across social media by Pattnaik went viral on social media. The chorus for his removal from the event gained shrill currency even as author and columnist Shefali Vaidya (among several women) tweeted, “The problem with Devdutt Pattnaik is not just that he is a mediocre person, who completely distorts our scriptures without even basic knowledge of Sanskrit. He is an absolute filth who loves abusing people’s mothers. To hail this man as a ‘great mind’ is truly sickening!”. The fallout: of the huge banner of revolt and repulsion was that one of the backroom boys for the event decided on the “unforeseen technical issues” as a better option than facing the further wrath of the scorned women.
The sports broadcaster SuperSport of South Africa is in the crosshairs after an “impossible” replay reprieved skipper Dean Elgar when he seemed plumb in front to off spinner Ravichandran Ashwin in the Cape Town Test. Visiting teams are accustomed to facing hostility from various quarters but a telecaster is an additional one on tours of South Africa. Known for commentators who are cheerleaders for the home team, SuperSport is, however, not in charge of the technology of replays that is outsourced to a technical company and whose feed is made available to the match referee and TV. On an early tour of South Africa, Kepler Wessels shocked the cricket world by swiping his bat across Kapil Dev’s shins after taking his first run. There was a huge brouhaha about it and conveniently, the host broadcaster said it had no replays to show because the cameras had been on the blink. As excuses went, that was the weakest one but the South Africans, rabid supporters of their own, were quite smug about it. It is moot whether the host broadcaster can influence the replays which have predictive elements to them but the Indians let the world know what they thought of it by using the stump microphones strategically. And KL Rahul went the farthest with his cutting comment – “Whole country is playing against 11 guys.” The occasion probably deserved it.
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.