July 4, 2022 - Short Post

All Business

After Intense Bidding Tatas Retain Taj Malabar Hotel For Next 30 Years

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The Taj Group of Hotels has retained the iconic Taj Malabar Hotel at Willingdon Island in Kochi, Kerala. The Cochin Port Authority (CPA) which owns the property, finalised the bid for operating the heritage property on July 1. Though many leading hospitality groups showed interest in the bid, but the Taj Group managed to retain it for an enhanced lease amount of Rs 1.25 crore per annum. Taj Group paid Rs 71 lakh per annum for the earlier lease. Under the new agreement which is for 30 years, the lease amount will increase marginally every five years. Quite a few hospitality chains had picked up the bid documents, but ultimately there were only two bidders. Though the Taj group had the benefit of first right of refusal, they resorted to outright bidding to retain the property. CPA, did not disclose the name of the competing bidder. With the new Coastal Regulation Zone rules in place, no expansion of the hotel can be undertaken. So, the Taj Group will undertake an exhaustive renovation of the hotel and resort. Ever since CPA indicated that it was going for a fresh bidding of the resort, no upgradation or renovation was done at the premises for nearly two years.

Post By Business Editor

All Politics

Presidential Elections: Worried About Losing Tribal Votes In Bengal, Mamata In Two Minds About Murmu

West Bengal Chief Minister Mamata Banerjee’s recent remarks that NDA candidate Droupadi Murmu’s chances are better in the presidential elections stirred a lot of political interest making every one wonder whether she was already having second thoughts about the Opposition choice, Yashwant Sinha. A fortnight before the polls, Mamata even began to distance herself saying she had no role in Sinha emerging as the choice even though Sinha was TMC V-P. “Now we know Droupadi Murmu’s chances are better because of developments in Maharashtra. BJP didn’t discuss with us before announcing their candidate for Presidential elections. They should have taken our suggestions then we could have considered,” she said. A section in the BJP even began to feel that perhaps Mamata’s rethink could make her endorse Murmu. However, such musings were short-lived as Didi loudly wondered in a TV interview on July 4 why the suspended BJP spokesperson Nupur Sharma was “not arrested” even after Supreme Court’s much contested observations. Of course, digging a little deeper, it seems Mamata was feeling increasingly nervous about Murmu’s candidature. Maybe she realizes that by opposing Murmu in the Presidential poll, she could lose her party’s tribal vote bank in south Bengal which she had regained from the BJP in the 2021 state Assembly elections. Her arch BJP rival Suvendu Adhikari has already participated in several events across the state’s Junglemahal region, which has a significant tribal population.

Post By Lakshmi Iyer

All Politics

PM Modi Wows Global Leaders With Made In India Gifts

The exquisite array of gifts Prime Minister Narendra Modi carried to the G7 summit tells the story of an extraordinary politician who has made India and Indians proud. And the GI Tag on a few of these gifts came as an added bonus to promote Indian artisans and their body of work. The gifts ranged from a Gulabi Meenakari brooch and matching cuff links, GI tagged from Varanasi for the U.S. President Joe Biden and First Lady. Japan’s PM Fumio Kishida was gifted Black Pottery, a process specific speciality of Nizamabad. The UK Prime Minister Boris Johnson was gifted an ultra special platinum painted tea set to commemorate the Queen’s platinum jubilee year. Emmanuel Macron was the recipient of a Zari Zardozi box crafted in Lucknow, encased in hand embroidered khadi silk in the colours of the French flag. The contents were even more exotic — it held Attar Mitti, a fragrance mix of jasmine, rose and musk. Germany’s Chancellor was gifted brassware from Moradabad .The Italian PM was delighted to receive a semi-precious stones inlaid marble table top, reminiscent of the Pietra Dura that originated in Rome. So what is unusual about PM gifting exotic memorabilia? Normally, one expects such esoteric tastes to a “Manor Born “. Or praise the team designated to choose. Ultimately, it is the leader’s forethought to showcase India discerningly, abroad.

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TRENDS & VIEWS

Technology Cannot Disrupt Original Content Provider: Short Post Editor

They say time flies. How true! Today is our #SecondAnniversary. Two years back at the height of Covid-19 Pandemic when lockdown was the way of life we took a leap of faith and launched Short Post (Jan 28, 2021), the first-of-its-kind website in the country that focuses on Authentic Gossip. The Oxymoron is deliberate. Well, the response has been quite encouraging. That’s what has kept us going. Till date we have posted close to 2000 stories in the areas of Politics, Business, Entertainment and Sports. Each insightful story of around 225 words has been contributed by Senior Editors. There is a sense of satisfaction of creating a new segment in the market – authentic gossip — and in the process creating a brand (in a limited sense), creating demand (readers) and creating supply (writers). Well known advertisers — IDFC FIRST Bank, ICICI Lombard – supported us. And that really boosted our confidence. Thank you!

So here we are raring to go. But, when I look at the media landscape the disruption is indeed fast and furious. Technology is playing a very big role in how content will be consumed. In the past, we have seen how social media has disrupted the media world. Now, everybody is saying the same thing about ChatGPT. It has reached 1 million users in five days. Its scorching pace of growth is indeed frightening and will disrupt the media industry big time. My limited argument is can it do investigative stories, write gossip items using the digital world ecosystem. Unlikely. Clearly, the original content has to be created first — only then can ChatGPT do the magic. That’s what we promise to do – focus on original content.

Before I sign off, I am reminded of an old advertisement of the early sixties: “Avis is only No.2 in rent a cars. So we try harder”. Likewise I can say, we are two years old and we are trying even harder to be relevant to you readers.

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TRENDS & VIEWS

Technology Cannot Disrupt Original Content Provider: Short Post Editor

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