For Authentic Gossip
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

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.

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.


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.