October 6, 2022 - Short Post

All Business

Apollo Hospitals Pick 60% Stake In Ayurveda Hospital Chain AyurVAID

Apollo Hospitals is diversifying into the ayurveda business. The hospital chain has acquired a 60% stake in AyurVAID, a pioneering chain of new generation Ayurveda hospitals, for a consideration of Rs 26. 4 crore. Cochin headquartered AyurVaid, operates nine hospitals and clinics across India. The hospitals are located at Kochi, Gurugram, Uttarakhand and Bengaluru. Bulk of Apollo’s investment will go towards upgrading existing facilities, setting up new centres, strengthening enterprise platforms and digital health initiatives. AyurVaid, which has set up new generation ayurveda hospitals with around 150 beds, specialises in applying Ayurveda to solve modern health problems. “We believe there is immense scope to deliver evidence-based integrated medicine, combining allopathic and traditional models, to improve outcomes and quality of life of our patients,” according to Pratap C Reddy, Chairman, Apollo Hospitals. Elaborating on the acquisition, he said that it is a transformational journey which will lead to the evolution of care models In India and around the world. Apollo hopes that its investment will push the turnover of AyurVAID from Rs 15 to Rs 100 crore in three years’ time.

Post By National Editor

All Politics

Kodak Moment As Sonia Joins Son Rahul On Bharat Jodo Yatra In Mandya

When Congress president Sonia Gandhi briefly joined her son Rahul Gandhi at the ‘Bharat Jodo Yatra’ in Karnataka’s Mandya district on October 6, it created a photo opportunity. Amid cheers and slogan-shouting by party workers, as she walked beside her son Rahul and other leaders for a few kilometres, there were several Kodak moments. “We have weathered many storms and will overcome all challenges. Together we will unite India,” Rahul Gandhi said in a tweet in Hindi as he posted a photograph of him walking with his mother, with his arm around her. Another picture of the mother-son duo that was widely shared on social media by Congress leaders was of Rahul Gandhi bending to tie his mother’s shoelaces. “Those shielded by love fear nothing! On the road, the picture prompted Congress leader Shashi Tharoor to post in Hindi, which said “There are blessings even when she breathes, no one can replace a mother as mothers are mothers.” Sonia Gandhi, 75, joined the Bharat Jodo Yatra on the 27th day. Meanwhile, Karnataka chief minister Basavaraj Bommai sought to downplay the participation of Sonia Gandhi in the Yatra, saying “she has walked for half-a-km and gone.” He also asserted that Congress’s mass outreach programme will have no impact in the poll-bound state.” Sonia is likely to be back for a rally in Ballari on October 15.

Post By Lakshmi Iyer

Udit Raj and Mallikarjun Kharge

All Politics

Udit Raj's Attack On Prez Murmu Spoils Kharge Narrative For Congress

In a desperate attempt to draw attention, Congress Dalit leader Udit Raj dragged office of President of India into a controversy by tweeting that ‘no country should get such a President’. His tweet on President Droupadi Murmu, India’s first Adivasi woman, set the National Commission for Women cracking after him; it slapped him with a notice demanding an apology for insulting the President. Udit Raj was once a BJP MP from Karol Bagh (Delhi) and had switched parties. BJP spokesperson Shehzad Poonawalla tweeted, “Udit Raj uses unacceptable language for the 1st woman Adivasi President! Does the Congress endorse this insult of Adivasi samaj?” Udit Raj is the third Congress leader to comment on President Murmu. Earlier it was Ajoy Kumar and Adhir Ranjan Chowdhury. As his tweet created a furore, Udit Raj said those were his personal comments. What provoked Udit Raj’s tweet? Apparently, President Murmu at a civic reception in Gandhinagar said that Gujarat manufactures 76% of the country’s salt and that “it can be said the salt produced in Gujarat is consumed by all Indians.” The Congress hasn’t sacked Udit Raj as its spokesperson. But, party sources admit the idea of elevating Dalit leader Mallikarjun Kharge as Congress chief was to pose a counter to NDA’s President Murmu. With Udit Raj’s mindless attack on the President, much of the goodwill would be lost.

Post By Lakshmi Iyer

All Business

Electronics Mart India Locked In A Legal Battle With Bajaj Electricals

Is having a famous surname boon or bane? Ask the Hyderabad-registered Electronics Mart India Ltd (EMIL), a leading consumer durables and electronics retailer. It is facing a court battle on this front. It was originally set up as a proprietorship firm under the banner of Bajaj Electronics in 1980 over the years it became a public limited company with the present name but sells goods under the brand name Bajaj Electronics. But they are not connected with the famous Bajaj conglomerate. Bajaj Electricals Ltd (BEL) have filed a suit against EMIL, its promoters and Astha Bajaj, director of EMIL, alleging infringement of the trademark “BAJAJ ELECTRICALS”. In the suit, BEL has prayed for a perpetual order to restrain EMIL, its directors, subsidiaries and other associated persons or entities from infringing and passing off its said registered trademarks by manufacturing, marketing, selling and/or dealing in any products bearing the said trademark or using any name/mark containing the word “BAJAJ” for any goods/products or service/ business activity including on any e-commerce/online platform, except for using the trade mark/trading name “BAJAJ ELECTRONICS” for the electronic retail business/retail stores in the State of Andhra Pradesh and Telangana, alone. The suit and interim application are currently pending before the Bombay High Court. If the legal proceedings are not decided in EMIL’s favour, then it may not be able to use the trademark “BAJAJ ELECTRONICS” outside the states of Andhra Pradesh & Telangana. By arrangement with https://investlive.net/

Post By V S Fernando

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.

TRENDS & VIEWS

Editor’s Note: Big Punch In Small Pack

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