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Retiring Indian High Commissioner UK, Gayatri Issar Kumar
London Calling Indian Business And Netas, UK Is New “Summer-Capital” Of India
Retired Indian High Commissioner to UK Gayatri Issar Kumar at her farewell hosted by the Indian Journalists Association there said in lighter vein that London looked like India’s new “summer capital”.  There is a ring of truth to what she said. Post Covid, no sooner were travel rules relaxed than there was a beeline of ministers, bureaucrats, businessmen air dashing to London. Union Commerce & Industry Minister Piyush Goyal, Telangana’s IT Minister KT Rama Rao, Congress leaders Rahul Gandhi and Salman Khurshid landed here in quick succession to engage with the Indian diaspora. Goyal’s frequent visits and systematic follow-ups were to generate investments through government bonds and expedite progress of FTA, slated to be concluded by Diwali this year.  Senior BJP leader and RSS ideologue Vinay Sahasrabuddhe, who is set to visit London, is scheduled to address Indian groups and includes the Overseas Maharashtrians Professionals and Entrepreneurs Group. India’s growing soft power is the message. Defence Minister Rajnath Singh also plans to visit London.  Sometime in July, the Chief Justice of India and law department secretaries have their scheduled visits and public engagements. And finally, the Commonwealth Games will likely see the entire sports lobby from India travelling to the West Midlands in the UK. Clearly, London is not just a summer capital. Indian business and politics seems to evolve and revolve around it.
Sterlite
Sterlite Copper On The Chopping Block, As Promoter Anil Agarwal Seeks To Exit Tamil Nadu
The going has been tough for this one right from the word go. This one came to Tamil Nadu after two States – Maharashtra and Goa – spurned it. Finally, it found sanctuary in the Dravidian state. And, the Sterlite Copper smelter plant at Thoothukudi had run freely for over two decades under the dispensation of AIADMK and DMK – the warring political parties in Tamil Nadu. Problem began when it went in for expansion. A protest followed. Not just that. A police firing on the anti-Sterlite protesters saw 13 people killed. A panicked government ordered the immediate closure of the plant. Well, this has caught everybody in an inextricable position. Many jobs have disappeared and thousands of crores lost in the process. And, India slipped from its pre-eminent position in the global copperfield. Virtually caught in a cobweb, Anil Agarwal, promoter of Sterlite Copper has now chosen to sell the immobilised plant. The move has taken everybody off guard. Is it a positioning strategy? Or, is it a business decision? With Ford exiting India, the proverbial sword hangs over the heads of workmen at its Maraimalai Nagar plant in Tamil Nadu? Coming as it does in the wake of Agnipath imbroglio, the Sterlite Copper sale move has surprised everybody alike, including the authorities. Well, it is yet unclear how Sterlite wants to go about selling its assets in Tamil Nadu.

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.