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Now Raj Thackeray Demands Ban On Illegal Madrassas In Maharashtra
Maharashtra Navnirman Sena supremo Raj Thackeray has demanded that the government should investigate all madrassas in the state and ban those which are illegal. After MNS successfully conducted a campaign against loudspeakers on mosques, it has again flexed its muscles against what it calls anti-national activities. MNS spokesman Yashwant Chile told the media that his organization would launch a campaign against illegal madrassas in the state if the government did not concede to the MNS demand for a comprehensive survey and investigation. He said MNS was taking this step after receiving several complaints. Chile said unauthorized madrassas were being conducted in many residential areas with the object of turning such localities into Muslim-dominated pockets. Chief minister Eknath Shinde will be submitted a petition to demand such a survey by MNS on Monday (Oct 3). The faction’s spokesman Deepak Kesarkar said a decision in this regard would be taken by the government after consulting all concerned. Vishwas Hindu Parishad’s Maharashtra unit leader Shankar Gaikar’s meeting with Raj Thackeray against the backdrop of this warning is considered significant.
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Three Penal Delisting Has Not Stopped Dharnendra Group From Tapping The Capital Market Again
A seven-year-old company whose revenue is only Rs 10 crore and bottom line is just Rs 54 lakh against a capital base of more than Rs 18 crore is asking for an IPO premium of Rs 60 crore! Still worse, market regulators, despite the group’s murky past, has allowed the promoter to sell at Rs 103 a share which was acquired by him at just Rs 10 in 2021. Pune-registered but Ahmedabad-headquartered Pace E-Commerce Ventures Ltd is entering the capital market with an initial public offer of Rs 66.53 crore. Incorporated in 2015, Pace E-Commerce Ventures offers children’s furniture, bedding, housewares and essentials. It may be recalled that between 1989 and 1993, Gandhi brothers Navinchandra, Dharnendra and Bhupendra floated public issues under the banners Dharnendra Ice-cream, Fly Up Fashions and Dharnendra Agro Food. Few years after their public issues, not only they performed miserably on the operation front but also failed to comply with the listing guidelines which resulted in compulsory delisting of the shares by the stock exchange. In fact, Group flagship Dharnendra Ice-cream was suspended by BSE for 13 years and was eventually delisted by the exchange in 2016. But, that has not stopped the generation-next of the Gandhis from tapping the capital market. By arrangement with https://investlive.net/

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.”