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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: Short Post Is Here To Stay…

Time, they say, flies—and how true that is. Here we are celebrating our 5th Anniversary. Five years ago, when Covid-19 was wreaking havoc across the globe, I took a leap of faith and launched Short Post, India’s first website for Authentic Gossip. That was on January 31, 2021. I was convinced there was a clear gap in the market for gossip that was credible, sharp, and impactful—especially if told in just 250 words.

In this, I was fortunate. Scores of senior editors across diverse verticals bought into the idea and, in the process, gave wings to my dream. Quite honestly, Short Post could not have crossed these milestones without the unflinching support of its contributing editors. Like all start-ups, we have seen our share of ups and downs, but these editors have stood by us like a rock. I take this opportunity to doff my hat to them.

Thanks to their commitment, we have published close to 5,000 stories spanning politics, business, entertainment, and sports. I say this with pride: we made our mark as people who matter read us. “Small packs, big impact” truly captures the essence of Short Post.

We all know that Covid-19 has reset businesses worldwide, and the media sector is no exception. In the post-Covid era, investors have become more cautious and selective—and advertisers too. To compound matters, the entry of AI has disrupted the media landscape in equal measure. So far, we have managed to hold our ground, hopeful that some angel investors will take a shine to us.

What gives me confidence is this: AI cannot smell news—especially the gossipy kind. In other words, AI cannot churn out Short Post-type stories, no matter the prompt. That puts us in a safe zone. As someone rightly said, “AI is a co-pilot, not a pilot.”