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In a bid to rejuvenate its electoral prospects following a string of disappointing results in Bengal, the CPI(M) has turned to professional expertise. The party recently posted a recruitment advertisement on social media, seeking applications for several key positions, including that of political analysts, mass communication writers, graphic designers, and digital marketing executives. CPI(M) State Secretary Mohammad Salim announced the move via Facebook, emphasizing that the party aims to adopt a more professional approach. People have seen CPM Digital for so long, this time CPM will look professional, and this is the beginning, Salim stated, indicating a strategic shift in the party’s functioning. The most notable position advertised is that of political analysts, drawing comparisons to the role played by prominent strategists like Prashant Kishor. However, the party has refrained from officially framing this move as a complete overhaul of its strategy. The decision comes in the wake of the CPI(M)’s dismal performance in the 2024 Lok Sabha elections, where the party failed to secure any seats in Bengal. Despite forming an alliance with Congress, the party was sidelined by the bipolar contest between the Trinamool Congress (TMC) and BJP. Veteran leaders like Adhir Ranjan Chowdhury suffered losses, and only two CPI(M) candidates, including Salim himself, managed to save their deposits. Internal discussions within the party have highlighted the inability to adapt to modern electoral trends and lingering reliance on outdated strategies. By embracing professional inputs, the CPI(M) appears to be gearing up for the 2026 Assembly elections, signaling a departure from its traditional framework.
Increased voting by women and a comparatively lower turnout of the Muslims for the Maharashtra assembly elections are likely to be the two major factors which can tilt the outcome of the crucial battle that will conclude on Saturday evening. These two trends have been commented upon repeatedly by several analysts while making a comparison with the Lok Sabha election’s voting pattern. As the turnout for this election has been the highest at more than 66% over the past three decades, both sides are claiming that it will benefit their candidates. For instance, deputy chief minister Devendra Fadnavis has suggested that the Laadki Bahin Yojana was one reason for the handsome response of women, who would support the Mahayuti nominees. The opposition Maha Vikas Aghadi (MVA) failed to gauge the potency of the scheme whereby eligible women receive Rs 1500 per month from the state. Both sides have promised to enhance the provision after watching the unprecedented welcome it has received. Similarly, the lack of enthusiasm of Muslim voters as compared with the Lok Sabha voting complexion has emerged as another important factor for the final outcome. At least a dozen Lok Sabha seats went to MVA owing to en bloc minority voting. In Dhule, while the other five assembly segments supported the Mahayuti, voting in the Malegaon assembly changed the picture and the seat went to MVA. In view of such aspects, the results are awaited eagerly.
As the term of the present Maharashtra assembly ends on 26 November, the political calculations to capture power will have to be finalised within just 48 hours once the results are out. This has heightened the suspense about the outcome of the election since the richest state of India will play a crucial role in shaping the national political future. A mandate in Maharashtra will strengthen the prospects of both the ruling Mahayuti and the opposition Maha Vikas Aghadi (MVA). The state saw a brief spell of President’s Rule in 2019 as none of the claimants was ready to form a government within the deadline. Making preparations to avert any such eventuality, Mahayuti and MVA planners have booked dozens of rooms in five star hotels in Mumbai for the possible winners. Moreover, chartered planes and helicopters have also been booked in readiness to ensure the availability of the future MLAs. Another precaution is to keep them under watch so that sides are not changed at the eleventh hour. But the Lok Sabha results changed the picture as MVA won 30 out of the 48 seats. The exit polls for the assembly election have predicted a keen race, making it imperative for both sides to count on each vote. Therefore, the 48 hours after the results will become the game changer.
Alliance politics, an eternal feature of the Tamil Nadu political scene, has turned sharper with the advent of actor Vijay on the electoral stage. All the parties save the ruling DMK are running helter-skelter in their bid to stitch up an alliance before the 2026 Assembly polls. DMK is content to wait out the drama with parties rejecting each other as potential allies since this helps the ruling party to stay ahead in poll percentages. The arithmetic is simple. If the votes split three ways as they did in the Lok Sabha polls, the DMK stands to gain the most, or sweep everything as it did with 39 of 39 seats. If the votes are going to split four ways after Vijay’s entry, the DMK will be laughing all the way to Raj Bhavan for the swearing-in ceremony. The AIADMK, a shrewd player of alliance politics in the time of J Jayalalithaa, has not only split on her demise but also stands isolated in the alliance race. They don’t want to join the BJP again after the stinging 2021 experiment. Vijay does not want to join the AIADMK though the party would very much want the youthful politico on his side. The BJP is keeping the door open for AIADMK provided those shunted out are part of a united package. The DMK is only keen to keep VCK and its current allies on board. The more divided the opposition is, the better for MK Stalin and family.
In the wake of escalating face-off between the Chennai-based Tractors and Farm Equipment (TAFE) and its American partner AGCO over the ownership rights of Massey Ferguson in India, a two-member bench of the Madras High Court has stepped in to direct the warring parties to “maintain status quo until the original applications are heard and disposed of by the learned single judge. “For avoidance of doubt, we hasten to add that the observations made herein are tentative and solely intended for the purpose of disposing of these appeals. We have not delved much into the various rival submissions. All rights and contentions are kept open,” the two-member bench said in its order on Monday. The relationship between TAFE, an Amalgamation group company, and AGCO Corporation of the U.S. hit a nasty bump in April last when the AGCO management terminated commercial agreements -– including the one on licensing the Massey Ferguson brand — with TAFE. The Chennai firm quickly got a stay on this from a commercial court. When AGCO subsequently confirmed the termination, TAFE filed a contempt petition in the Chennai commercial court. Separately, TAFE also moved the Madras High Court, asserting its ownership right to Massey Ferguson brand. TAFE had got a favourable interim order from the Madras High Court. TAFE had filed a civil suit before the Madras High Court against Massey Ferguson Corporation, a subsidiary of AGCO, claiming that the said trademarks are distinctive of TAFE in India and exclusively owned by it. It had sought the Madras High Court to declare that TAFE owns the Massey Ferguson brand/trademarks in India. With the HC bench asking both parties to maintain status quo, all eyes are on the upcoming proceeding before the single judge. It is “advantage TAFE” at the moment, however.
With only 12 days remaining for the BCCI Secretary Jay Shah to take charge as independent chairman of the International Cricket Council (ICC), clarity has not emerged as to who would perform the duties of the Secretary from December 1, 2024. First and foremost, election has not been called for the post, and this could be because the BCCI Constitution has adequate provisions for its Joint Secretary to perform the Secretary’s duties. The BCCI Constitution says: “The President shall, in the event of a vacancy or indisposition of an office bearer, delegate the functions to another office-bearer until the vacancy is duly filled up, or the indisposition ceases.” In this case the BCCI President Roger Binny has the right to assign duties to any other office-bearer. Shah who has been the Secretary from 2019 may be allowed a grace period to hand over the work to someone else. Next week is going to be hectic for the ICC to take a call on the format and venues of the ICC Champions Trophy 2025 (Feb-Mar) because the BCCI has conveyed to the ICC that India will not travel to Pakistan. The BCCI, nay Jay Shah, would like to see a finality to the Champions Trophy issue, in particular where India will play before he takes charge of the ICC. If the Champions Trophy has to take place, the Pakistan Cricket Board has to accept a hybrid model with one group (with India in it) playing league matches, most likely in Dubai and keeping the venue of the semi-finals and final, open. The PCB may not be in a position to lose the hosting rights and thereby with it a fee of around $ 70 million!
The ‘Satta Bazaar’ is betting down (dampened market sentiments) over Maha Vikas Aghadi (MVA) forming Maharashtra’s next government. A market player says, “Punters have never been wrong before. Dampened stock market spirits indicate the Mahayuti Alliance is unlikely to win notwithstanding sops galore unleashed by CM Eknath Shinde.” Differing with market pundits, BJP says, “Markets crashed after Foreign Portfolio Investors withdrew Rs 1.25 lakh crore in October (out of total Rs 71 lakh crore total stock investments in India) seeking better pastures after China announced stimulus. FPIs sold Rs 8700 crore stocks in April, Rs 25,600 crore in May then bought Rs 26,600 crore worth in June, Rs 32, 400 crore in July, Rs 7300 crore in August and Rs 57,700 crore in September before the big sell off in October. Already overleveraged NSE slumped, the subdued corporate sector quarterly results after much hype triggered a profit-booking mindset among investors.” Donald Trump’s ascendancy as the next U.S. president (previous tenure witnessed negative bias towards precious metals) bodes badly setting price corrections of gold and silver even as the U.S. dollar firms up, adding to Indian stock market woes. The BJP leader adds, “Maharashtra contributes around 14% to India’s GDP but even when MVA ruled for 2.5 years Modi-nomics ensured high buoyancy on Indian bourses despite stalling of bullet train project, Rs 14,000 crore cost escalation of Metro project.” The market punter, however, cites India’s financial capital Mumbai in Maharashtra that ensures most Indian business gravitates around the state while explaining the gloomy market mood over MVA’s likely win. November 23 will reveal the truth when the political bets are finally called out.
In a massive setback to AAP, Delhi’s transport minister and Jat leader Kailash Gahlot resigned from the party, citing “grave challenges” and “awkward” controversies in a letter to AAP convener Arvind Kejriwal months ahead of Delhi Assembly polls. He has joined the BJP. Gahlot’s exit is well timed in the sense that it comes days before Maharashtra goes to polls. AAP, an INDIA Bloc partner that has no stake in the state polls. But it must be said Gahlot’s exit was something that was in the works for some time now. It is believed that the seeds of discord between Gahlot and the AAP leadership were sown on August 15 over unfurling the national flag during the Delhi Govt’s I-Day celebrations. Delhi CM Arvind Kejriwal, who was in jail on charges linked to the alleged liquor policy scam, had wanted Education Minister Atishi to unfurl the flag. Delhi Lieutenant Governor VK Saxena however felt Gahlot was more suitable for the job as he held the Home Department. Meanwhile, Kejriwal indicated that Gahlot had quit as he was under pressure from the ED and IT. In his resignation letter, Gahlot pointed to how “Political ambitions have overtaken our commitment towards people, leaving many promises unfulfilled”. In an apparent swipe at Kejriwal, he referred to “many embarrassing and awkward controversies like the “Sheeshmahal” — a term used by the BJP to refer to the CM’s residence renovated during Kejriwal’s term costing the exchequer Rs 45 crore.
A major controversy has erupted in Tollywood as over 233 directors from films, TV and independent media have filed a defamation suit against Swarup Biswas, president of the Federation of Cine Technicians and Workers of Eastern India. The Rs 23-crore lawsuit follows Biswas’s contentious remarks alleging rampant sexual harassment in the film industry, with 60% of complaints purportedly against directors and producer-directors. The hearing will take place on January 10. Swarup, the younger brother of Aroop Biswas, Bengal’s Power and Housing Minister and a close aide of chief minister Mamata Banerjee, finds himself at the centre of an unprecedented protest by Tollywood’s creative community. This is, perhaps, the first time that Tollywood has publicly challenged the Federation. Directors and producers have also criticized what they call “red-tapism” and “arbitrary demands” imposed by the Federation, including its control over unit sizes, pay scales, working hours, and technician selection. At the Eastern India Motion Picture Association’s (EIMPA) recent AGM, Swarup Biswas proposed that producers deposit Rs 5 lakh each as security to ensure timely technician payments, citing Rs 50 lakh in pending dues. Producers have outright rejected the demand, questioning the Federation’s accountability and EIMPA’s silence on the matter. Veteran actor-director Aparna Sen has publicly questioned Swarup Biswas’s credentials, asking for proof of his contributions to the industry. Biswas holds an assistant director’s card, which is reportedly issued only to those involved in at least two films. Actor-politician Roopa Ganguly also criticized the Federation, accusing it of politicizing the industry and questioning why filmmakers often seek the CM’s intervention during crises.
If rising onion prices decided the election outcome in many states some decades ago, falling soybean prices could impact the outcome in around 70 assembly constituencies in Maharashtra. Hence, Prime Minister Narendra Modi as well as Congress president Mallikarjun Kharge, representing two ends of the political spectrum, are found promising farmers of much higher rates, but only after they are elected on 20 November. The sensitive constituencies are spread in Marathwada and Vidarbha regions, where cotton and soybean are the main cash crops. The current market rate of Rs 4000 per quintal is unacceptable to the growers though they have no choice but to sell the produce as it can’t be stored for long. The MSP is Rs 4800 but not enough stocks are lifted by the machinery. The ruling saffron alliance has been promising better tariffs. The government hiked the soybean import duty in a bid to jack up the prices but the hike was of only around Rs 400, still leaving a gap of the same amount. Sensing the distress and the government’s inability to make any major announcement, Congress leader Rahul Gandhi has promised Rs 6000 per quintal of the legume. To go a step further, Congress president Mallikarjun Kharge has pledged to pay Rs 7000. Shiv Sena leader Uddhav Thackeray has also joined the chorus. The two regions had by and large supported the opposition Maha Vikas Aghadi during the Lok Sabha election. Hence, Mahayuti leaders are wary of saying anything that can dampen their prospects.
Must give it to Rajya Sabha Chairman Jagdeep Dhankar for bringing lighter moments to house proceedings while recording praise for Oscar winners. He even acknowledged that had he not become a lawyer he could have become an actor. He got the House to appreciate India’s mega double-win at the Oscars with MPs across the political spectrum praising the achievement. While Union Minister Piyush Goyal lauded the role of women in ‘The Elephant Whisperers’, LoP in Rajya Sabha Mallikarjun Kharge said “This award is given to Naatu Naatu and The Elephant Whisperers. Both mostly come from South India. It is a great pride for us.” His only worry was the Centre should not take “credit” for directing the film. His quip left the House in splits with senior ministers S Jaishankar and Piyush Goyal enjoying it. Goyal was quick to point out that V Vijayendra Prasad, “RRR” scriptwriter, was a President’s nominee to the House from July 2022. Danseuse Sonal Mansingh reminded about the genesis of the word “Naatu Naatu (Dance,Dance) and said it gets its roots from Nataraj. The entire world is singing to the tunes of the song. Secondly, the award won by the documentary, ‘The Elephant Whisperers’, we are devoted to Ganesha, he is Prathamesh and the elephant is extremely auspicious for us.” The MPs may get to see the Oscar winning films as I&B minister Anurag Thakur assured the House to arrange for their screening.
For the second consecutive day both Lok Sabha and Rajya Sabha were adjourned soon after they met as the heated exchange between the BJP and Congress over Rahul Gandhi’s remarks. It was quite clear that the Parliament was following the agenda set by PM Narendra Modi who took on Rahul for his remarks on India. Speaking in Karnataka, Modi had warned people to be wary of those “who raise questions about Indian democracy”. At a London event Rahul said India’s institutions are under attack and a large chunk of Indian democracy has “come undone” and are not likely to end any time soon. The BJP has demanded an apology from Rahul Gandhi. The Congress has trashed the ruling party’s allegations and said “those crushing democracy are talking of saving it”. The party also dubbed it as an attempt to divert attention from its demand of a JPC into the Hindenburg report on Adani. “A member of the House goes to foreign country and talks against the democracy of India. I am shocked that some parties are also backing him. I appeal to all parties to criticise how a senior MP tried to defame Parliament on foreign land,” said Rajya Sabha Leader Piyush Goyal. Congress leader Shaktisinh Gohil has filed a breach of privilege notice against Goyal for criticising a Lok Sabha member “without truth and was intentionally going on with derogatory remarks”.
Rohit Sharma — as he would do to a wayward delivery around his pads — deflected a sensitive question related to Virat Kohli being sick while he scored his Test century No 28 at the Narendra Modi Stadium on March 12. Sharma said “It’s funny what people talk about on social media. For us, we don’t really respond or look into what’s happening (in social media). I don’t think he’s sick, he was just coughing a little bit. He’s not that bad health-wise.” He also went on to say that the splendid century Kohli scored (after more than three years) in Test match cricket did not in any way was like getting the monkey off his back. Kohli himself was thrilled to play a big part in India outsmarting Australia in the first inning of the fourth Test of the Border-Gavaskar Trophy. Sharma endorsed Kohli’s classy eight and a half dig saying: “He’s just enjoying his cricket at the moment. Obviously, he wants to put up big performances for the team which he has done in the past so many years. He just wants to do that every time he plays for India.” The question raised at the post match media interaction was a reference to Kohli’s wife Anushka Sharma’s social media post that stated: “Playing through sickness with his composure, inspiring me always.” All that can be said about the drawn Test is that Kohli gave a solid masterclass on slow and drab pitch.
Former chief minister Uddhav Thackeray’s right hand Subhash Desai’s son Bhushan’s entry into the Shiv Sena is likely to create a political clash between the two parties running the Maharashtra government. The BJP’s Goregaon unit leader Sandeep Jadhav has strongly objected to the development. In his letter to CM Eknath Shinde, he says, “Bhushan is afraid of getting implicated in some economic transaction and hence has joined the Sena to protect himself. Entry to such a tainted person can adversely affect the BJP’s alliance with the Sena.” Desai’s political career of over four decades shaped in Goregaon, is now the BJP’s stronghold. Although Desai has politically disowned his son, the local BJP’s anger against Bhushan can’t be overlooked by the party, it is felt. As Shinde himself welcomed Bhushan into the Sena fold on Sunday (Mar 12), all eyes are now on deputy chief minister Devendra Fadnavis, who will have to douse the sparks which threaten to erupt any moment in an inferno. Uddhav’s spokesman Sanjay Raut recalled that industry minister Uday Samant, earlier with Uddhav, had levelled serious allegations against Bhushan in the past. “The CM has cleansed him through his washing machine,” said Raut. Explaining his decision, Bhushan has said that he decided to support Shinde who was following the path laid down by Balasaheb Thackeray.
Opposition leader Ajit Pawar has hinted that Maharashtra chief minister Eknath Shinde misused the state financial allocations to pressurise legislators from the Uddhav Thackeray faction of Shiv Sena to quit their party. Pointing out that only 52% of last 2022-23 budgetary allocations had been utilised, Pawar stated that soon after assuming power, the Shinde government had stalled funding for developmental works in constituencies of the Opposition Maha Vikas Aghadi legislators. While a few legislators from the Nationalist Congress Party and the Congress did manage to get their way subsequently after meeting up with Shinde, those supporting the Uddhav Thackeray faction, had it really bad. Pawar alleged that the Uddhav’s MLAs were told that disbursal of funds for their projects was simply subject to their decision (to shift their allegiance). Pawar also pointed out that the state had failed to utilise 67% of the Rs 13,290 crore allocated by his government district development works. Pawar, who had presented over 9 budgets in the state, termed the 2023-24 Devendra Fadnavis’ maiden budget as finance minister as an election-oriented one lacking vision and peppered with unrealistic promises.
Bollywood queen Kangana Ranaut has the art of staying in the news. Recently when the Khalistan movement played up in Punjab she took to social media to say she had predicted this problem two years ago. A hardcore Modi supporter, she has been nursing political ambitions and reportedly made it known that she was not averse to standing for elections from her home state, Himachal Pradesh. Her outspokenness cost the 35-year old actor dearly when the Maharashtra Vikas Aghadi government headed by Uddhav Thackeray gave orders to demolish her house. Even her reel life role has been reflecting her political ambition, the kind of role she cherry picks or produces. She has played the role of modern leaders like Indira Gandhi and Jayalalithaa. Besides, she has also donned the role of legendary and religious characters in movies like Manikarnika 2, Sita: The Incarnation. Kangana is now busy shooting for Chandramukhi 2, a sequel to Rajnikanth’s horror comedy directed by P Vasu. Of late, she is more focused towards the south film industry. In Bollywood where she is known for not mincing words, she gets along with people who are right-winger like Anupam Kher; but one was surprised to see her making fun of Selfiee which had Akshay Kumar. And another surprising factor was her support for Nawazuddin Siddiqui and it may be because she is working with him. After fighting courting too many battles including a defamation suit filed by Javed Akhtar, Kangana, according to industrywallahs is now careful and measured in her talks and social media message. Is it?
The Vadodara-based Styrenix Performance Materials Ltd is a strange company in many ways. In the last three decades, the company has changed its name as many as seven times. Its original promoter sold the company on the eve of its Silver Jubilee and bought it back on the eve of its Golden Jubilee. Surprisingly, MNC INEOS Styrolution sold its stake to the Indian promoter at a time when the company had achieved its best performance. What’s more, the MNC sold its stake at less than one-third of the peak price. Just before the MNC sold its stake, the company, for the first time, came out with bumper special and interim dividends aggregating to Rs 297 per share which benefited the MNC to the tune of Rs 253 cr. The acquirer, whose net worth was less than Rs 60 cr, committed to buy the MNC’s stake for a consideration of more than Rs 600 cr. The transaction between the MNC and the Indian promoter triggered a mandatory tender offer to the non-promoter shareholders. The quarterly disclosure filed by Styrenix on January 18, 2023 presented SPML’s holding of 62.73% as promoter’s stake. But on February 9, 2023, the company made a revised filing which lists SPML’s stake under the `Public’ category! How has the promoter become a `public’ investor? The company is yet to reply to the e-mail sent in this regard. By arrangement with https://investlive.net/.
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.