September 14, 2022 - Short Post

All Politics

Major Setback As Court Orders Dr Swamy To Vacate His Lutyens Bungalow

In a major setback to senior BJP leader and former MP Dr Subramanian Swamy, the Delhi High Court asked him to vacate his government residence which was allotted to him in January 2016. Swamy was allotted the bungalow even before he was nominated to the Rajya Sabha in April 2016. The Court ordered the BJP leader to hand over the possession of his government bungalow to the estate officer within six weeks. Notably, Dr Swamy was allotted a bungalow in Delhi by the Central government for five years in January 2016 after he cited threat perception towards him. As the BJP leader’s Rajya Sabha tenure also came to an end in April 2022, he approached the Delhi HC where he sought re-allotment of the bungalow in view of the continued security threat to him. However, the Centre opposed his plea arguing that the bungalow is required to house other ministers and MPs. Swamy had merged his Janata Party with BJP ahead of the 2014 general elections. It is said former BJP president Nitin Gadkari had a role in getting him back into the BJP. The RSS had backed the idea of having Swamy on its side for his sustained campaign on pro-Hindu issues such as preserving Ram Setu. For some reason, he has become a trenchant critic of the Modi government’s policy initiatives.

Post By Lakshmi Iyer

Politics

Vedanta-Foxconn Project Goes To Gujarat, Generates Slugfest In Maharashtra

As Gujarat already has a policy on semiconductor industry, the Vedanta-Foxconn combine decided to invest Rs 154,000 crore to set up a massive industrial plant in Gujarat rather than in Maharashtra as it has no such policy. However, the conglomerate’s decision has led to a free for all with every political party blaming its opponent for the loss of the huge investment and employment opportunity. There is a growing feeling in certain quarters in Maharashtra that major projects which could come to the state are going to other states due to political shenanigans. The allegation gained credence when projects like the International Finance Centre proposed in Mumbai was shifted to Gujarat, followed by the National Marine Police Academy, originally planned in Dahanu to Dwarka. Already, an atmosphere of deep suspicion is seen in the political arena of Maharashtra. Incidents like Ajit Pawar’s leaving the NCP national council meet twice without making a speech provide impetus to the rumour mongering. Members of the legislature and municipal corporations change loyalties overnight, adding to the political bitterness. The Vedanta-Foxconn episode has provided a new twist as the previous and present rulers perceive this as a golden opportunity to humble each other. The crux of the matter, that of making a policy, is overlooked in the political slugfest. The slow pace of decision-making in Maharashtra has been highlighted once again, it is felt.

Post By Dilip Chaware

All Entertainment

Does Indian Audience Have Reservations Accepting Off Screen Couples In Movies?

Does the Indian audience have reservations when real life couples are paired on screen? Take for example Brahmastra which got a big opening but on the screen chemistry between Ranbir Kapoor and Alia Bhatt does not seem to work. Their romance seems forced as the general feeling among the audience. Interestingly, married couples have not clicked on the silver screen. It happened with Dilip Kumar and Saira Banu. After their marriage they worked together in Gopi. This movie did well, maybe it was an initial curiosity. But, it was followed by spate of flops like Bairaag Sagina, Duniya. Post that producers did not take the chance of pairing them together. Dharmendra-Hema Malini were a hit pair before the marriage but after marriage they stopped working together. In the case of Big B and Jaya it seems slightly different. Before marriage both worked together in Zanjeer, Abhimaan, Ek Nazar, Bansi Birju. After marriage it was in Silsila, Chupke Chupke, Milli, Sholay but not as the main cast. Then they stopped working together. Rishi Kapoor-Neetu Singh were a hit pair but after marrying Rishi she stopped working. Saif Ali Khan and Kareena Kapoor worked in Tashan where the romance began. After marriage they came together for Agent Vinod and Kurbaan, both bombed, post that they have decided not to work together.

Post By Entertainment Editor

All Business

Dhanvarsha Group Makes Hostile Bid Of Rs 300 Cr For Dhanlaxmi Bank

Thrissur based Dhanlaxmi Bank has always been in the news for the wrong reasons — labour/union strife, mis-management and hostile takeovers. The Delhi-based diversified group, Dhanvarsha Group, has made an Rs 300 crore unsolicited bid. The group has offered Rs 11.85 per share as against the market price of Rs 12.45. The bank is not new to takeover bids. ICICI Bank, Kotak Mahindra Bank, Axis Bank and HDFC Bank have all eyed Dhanlaxmi Bank but seem to have faltered at the altar. The first hostile bid was made during its public issue in 1996. Ind Global and the Concept group, both involved in the public issue, intended to acquire controlling stake of the bank. This failed once the media got wind of their interest. To tied-over its problems, the then promoter, R Kalyanaraman (Goodnight Mohan) brought in the Bangalore-based Raja Mohan Rao, who owned JT Mobile. Rao also entered through the back door when the bank’s 2002 public issue bombed. Rao then picked up 37 % stake for Rs 20 crore thereby making him the single largest shareholder ever. By then the RBI changed the rules of the game. No private entity could hold more than 40% in a bank and the voting right for each individual/company was restricted to 10% only. The bank, started in 1927, has Kerala’s two top businessmen, Yusuf Ali (4.9 %) and Ravi Pillai (4.4%) as shareholders.

Post By National Editor

All Politics

Power Trips Senior DMK Minister’s Freebie Programme In His Own Constituency

DMk’s grand old man and Tamil Nadu’s water resources minister Durai Murugan had an embarrassing moment in his own constituency Katpadi, Vellore. At the government-run girl’s high school, the 84-year old Murugan was the chief guest to give away bicycles free to local girls when within a span of one hour there were two power cuts. The minister was powerless and speechless. With no light in sight, he walked out in a huff. Immediately, two assistant engineers of TANGEDCO were shunted out to an obscure gulag presumably to show that the TNEB means business. When the minister landed at the next venue, the organisers ensured there were generators to ensure the programme went off smoothly. Incidentally, the problems faced by the minister are what Tamil Nadu voters are facing for months together now. Ever since the new government headed by MK Stalin came to power the state has been witnessing frequent power cuts. So much so, most high rises that are proliferating at a profligate pace have generators as part of the deal. Along with frequent power cuts the Chennaites also face bad roads. Practically every road in the city has been dug up. What Tamil Nadu voters are expecting from the government is basic necessities like power, water, navigable roads etc. Is this too much to ask?

Post By Our Roving Editor

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.

TRENDS & VIEWS

Technology Cannot Disrupt Original Content Provider: Short Post Editor

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