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HLL LIFECARE
Adani, Piramal In Race To Acquire Union Govt Stake In HLL Lifecare, Declined Kerala Govt May Decide To Play Unfair
The Rs 5,138-crore HLL Lifecare (formerly Hindustan Latex) headquartered in Thiruvananthapuram, Kerala is attracting many suitors. This follows the Government of India’s November 14, 2021 decision to hive off its entire stake in HLL Lifecare. Around seven suitors including the Adani Group, Piramal Healthcare, two Kerala based companies advised by two former CMDs of HLL Lifecare, a fund besides NRIs. HLL Lifecare, which started as a condom manufacturer sold under the brand name Moods, is today a health care company in the truest sense. It has a Pharma business, makes medical devices, runs diagnostic centres, manufactures sanitary napkins and blood bags etc. The company has seven factories, four in Kerala and one each in Belgaum, Manesar and Indore. Today the company operates 220 pathology labs, 47 imagery centres, six labs under the Hindlabs brand and 253 pharmacies across India. Both Adani and Piramal are keen to acquire it. The cash strapped Kerala government, however, could play spoilsport since it wants to take over the company although its offer was declined. The company’s turnover jumped three times from Rs 1739 crore in 2019-2020 to Rs 5138 crore, the profit marginally lower than the previous year. The jump in turnover was a result of enhanced non-core activities including huge purchases and supplies of Covid vaccines, surgical masks and gloves for various State Governments and hospitals.
Vijayendra
BJP Adheres To One Ticket Per Family Norm, Denies MLC Ticket To Yediyurappa's Son Vijayendra
In a bold move, the BJP national leadership has decided not to accommodate BY Vijayendra, second son of former Chief Minister BS Yediyurappa, to the Karnataka Legislative Council for the upcoming June 3 Legislative Council elections. The BJP can win four of the seven seats of the Legislative Council for which MLAs will elect the members. The party has picked up former Deputy CM Laxman Savadi, secretary of the BJP state unit Hemalatha Nayak, president of BJP SC Morcha Chalavadi Narayanaswamy and S Keshavaprasad. Interestingly, Vijayendra’s name was recommended by the state BJP core committee. But central leaders decided against it. With one son BY Raghvendra, already a Lok Sabha MP, Yediyurappa himself a MLA, the BJP was not keen to give ticket to one more family member. It was felt Yediyurappa’s every wish had been accommodated – including his close aide Shobha Karandlaje being made a Union Minister. Of course the reason for denying MLC ticket to Vijayendra is because he had been exploring the possibility of setting up a breakaway political group – revisiting Karnataka Janata Paksha set up by his father during 2013 assembly polls. Reports of his meetings with Congress leader Siddaramiah have also emerged. With this action, the BJP has sought to grow out of Yediyurappa narrative. The party is betting on Bommai’s governance and Modi’s leadership.
Dinesh Karthik
Gavaskar Wants DK As Batter In Indian T20 World Cup Team, Little Master Endorses Kartik’s Classy Form, His World Cup Dream!
Dinesh Karthik has thrown his hat in the ring for a place in the Indian team for the ICC Men’s World Twenty20 in the Australian summer this year. The smart stumper from Chennai is 36 and the selectors — all bowlers — believe that the keeper-batter who has played in two Twenty20 World Cups in 2007 and 2010, and scored 57 runs in five innings for an average of 11.40 has to be put on trial again for the big event Down Under. Karthik played his last Twenty20 international in February 2019.  He has now been selected for the five match Twenty20 series against South Africa to be played at five cities from June 9. Rishabh Pant is in the squad as first ‘keeper and vice-captain to KL Rahul and so Karthik will play as a specialist batter. None other than Sunil Gavaskar pushed his case saying: “Form is important. They say form is temporary and class is permanent and if a classy player is in form, then you must pick him. The way he is batting currently he should be considered and included as a pure batter and wicket-keeping should be an added option. Don’t think about his age.” For Royal Challengers Bangalore in the IPL-15, Karthik scored 177 @no7 in seven innings with a strike rate of 11 plus an over.

TRENDS & VIEWS

Editor’s Note: Short Post Noticed By People Who Matter

Four years have zipped by and we are crossing another milestone on 31st January 2025 – it’s our 4th Anniversary. It feels good.
Looking back at the 1460 days, I must say Short Post has made its mark with people who matter via 4000 stories published in the areas of politics, business, entertainment and sports. All made possible by the unflinching commitment and dedication of our senior editors, most of whom have been part of this journey from Day One.
Small pack, big impact is in essence the story of Short Post which was launched at the height of the Covid-19 pandemic in 2021. It shows our conviction. In all humility, I can say, we have created a new niche in the news segment space like Hindustan Unilever which created a new segment, when it launched CloseUp Gel.
Yes, we have created a brand (in a limited sense), created demand (readers) and created supply (senior journalists). But we are facing teething problems like all start-ups. What makes us happy and confident is the recognition of our efforts. For instance, we have an arrangement with the OPEN Magazine, part of the $4.5 billion Kolkata-based Sanjiv Goenka-RPG Group. This arrangement sees around 10 Short Post stories posted on OPEN Magazine website every week. This arrangement is testimony that our content has been well received! Also, I may add that the Maharashtra government has recognised Short Post and has allowed our senior editor to cover the Assembly sessions. Ditto: Odisha.
Our goal is to ensure that Short Post becomes a habit. I would like people to keep checking their smartphones to know the latest Authentic Gossip. As regards AI and the fear of it disrupting all businesses including media. On that, personally, I have no such fear as I am confident AI cannot smell news particularly Authentic Gossip. That’s the place we are well entrenched.