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Kiran_Anil
BJP Improves Its Southern Citadel Ahead Of Karnataka Polls With Two Prominent Cong Leaders Joining It
In the past two days there has been a sudden rush of high profile entrants into the BJP from the Congress. These accretions are being clearly made with a view to send a message ahead of Karnataka elections.  It started with Anil Antony, son of former Defence Minister A K Antony, joining the BJP on April 6, four months after he quit the Congress after denouncing the BBC documentaries against PM Modi. A day later, Kiran Kumar Reddy, the last Chief Minister of undivided Andhra Pradesh, joined the party. Reddy is known to be a straight bat who had got AIMIM leader Akbaruddin Owaisi sent to judicial custody in a hate speech case in 2013. He had resigned from the Congress a couple of weeks ago. Party sources said Reddy has a clean image. It was significant that he was inducted into the party by Parliamentary Affairs Minister Pralhad Joshi, who belongs to Karnataka. Hailing from a Congress family, Kiran Kumar admitted that he had never imagined that he would leave the Congress. Meanwhile, as for Anil Antony joining the BJP and his father A K Antony expressing shock and surprise over his political moves, there is a sense of disbelief. Party sources feel the Stanford educated Anil would have kept his father in the loop. It is probable that senior Antony may have advised his son to exit the Congress for his own sake.
Eknath Shinde
Maharashtra CM To Visit Ayodhya On Sunday, New Political Scripts Will Emerge Thereafter
Maharashtra chief minister Eknath Shinde’s whirlwind visit to Ayodhya on Sunday will achieve multiple objectives. Besides reaffirming the faith of the Shiv Sena under him in aggressive Hindutva, it will also force the hand of the rival Sena outfit led by Uddhav Thackeray to adopt a more pronounced hardline, but not without assessing the reaction of the Congress and other opposition parties in several states. Although Sharad Pawar’s Nationalist Congress Party has been taking ambivalent stands on different issues, the Congress is upset since it has been compelled to backtrack on the Savarkar imbroglio. According to Shinde’s itinerary, he will spend April 9 in Ayodhya after landing at Lucknow airport, where he will be welcomed by thousands of Shiv Sainiks, who are already on their way to Uttar Pradesh. Shinde is likely to meet his UP counterpart, Yogi Adityanath, during the sojourn. Shinde’s supporters have enthusiastically participated in the Savarkar Gaurav Yatra in different areas of Maharashtra over the past week. Shinde and his ministers do not waste a single opportunity to needle the Sena (Uddhav) over the twin planks: Hindutva and Savarkar. Though Uddhav could bend the Congress to his will following his outburst over Savarkar, many regional opposition parties have not liked the outcome.  Hence, Shinde’s one-day visit will result in scripting the next political moves, not just in Maharashtra.
Modi G20
PM Modi's Hectic Weekend In South To Raise Political Temperature
PM Narendra Modi’s programmes in three southern states of Telangana, Tamil Nadu and Karnataka are packed with hectic activities on April 8-9. His programme in Secunderabad on April 8 will be watched with interest as Telangana government has taken an adversarial position towards the Centre ever since BRS leader K Kavitha was questioned in connection with Delhi liquor scam. In a retaliatory move, the BRS government got Telangana BJP President and Secunderabad MP Bandi Sanjay arrested in a SSC question paper leak case. Arrest of its local leader has however not deterred the PM and he is going ahead with flagging off Secunderabad-Tirupati Vande Bharat Express on April 8.  Of course, Bandi Sanjay has secured a bail. At 3 pm the same day, PM will reach Chennai Airport to launch the new terminal building. Completed at a cost of Rs 1260 crore, the new terminal will increase the passenger serving capacity of the airport from 23 Million Passengers Per Annum (MPPA) to 30 MPPA.  This terminal is a striking reflection of the local Tamil culture, incorporating traditional features such as the kolam & temple.  At 4 pm, he will flag off the Chennai-Coimbatore Vande Bharat Express at MGR Chennai Central Railway Station.  At 4.45 pm, Modi will take part in the celebrations commemorating the 125th Anniversary of Sri Ramakrishna Math in Chennai.  On April 9 PM Modi will visit Bandipur Tiger Reserve in Karnataka.
Falguni nykaa
Promise Vs Performance: Nykaa Over-Hyped IPO Goes Awry Post Lock-In!
FSN E-Commerce Ventures, popularly known by its listed name Nykaa, promoted by the high profile banker couple Falguni and Sanjay Nayar tapped the capital market in October 2021 with a public issue of Rs 5,352 cr. More than 475 lakh shares of Re 1 each were offered at an exorbitant price of Rs 1125 per share. The company which moved into black on the eve of IPO, saw its issue subscribed more than 45 times!  Retail investors’ portion attracted around 11 times subscription, HNIs 111 times and QIBs 92 times. Thus, the Rs 5,352 cr issue attracted bidding for a whopping amount of Rs 244,495 cr!.  Effectively, Nykaa, a decade old and yet to earn profits, asked for a market cap of Rs 53, 200 cr while highly rated MNCs like P&G and Colgate commanded a lesser market cap of about Rs 47,000 cr and Rs 42,500 cr respectively.  The public float was a grand success. However, the gullible public did not realize that shares allotted to Anchor investors were locked-in only for 30 days.  Nykaa listed on November 10, 2021 at a premium of 78% over the offer price and scaled Rs 2248 yielding 99.8% return. At the end of the one year lock-in period, the stock price went below the IPO rate inflicting 13% capital loss on the IPO investors. Sensing deep trouble, the management quickly declared a bumper 5 for 1 bonus issue which could temporarily arrest the price slide. Even though the top line is attractively growing, the company’s current bottom line (annualized) gives an abysmal EPS of 9 paise on Re 1 paid-up share. By arrangement with https://investlive.net.
BCA
Baroda Cricket Association: A Laggard When Compared To Gujarat And Saurashtra
Cricket connoisseurs in Baroda, a nine time finalist and five time winner of the Ranji Trophy, have been denied opportunities to see international matches featuring the top stars of the Indian men’s and overseas teams for 13 years. The Baroda Cricket Association (BCA) has been an utter laggard when it comes to creating a fan friendly modern infrastructure and failing to understand their sentiments. Many years ago the BCA, according to local officials bought a 40 acre land at Kotambi for Rs 17 crore, but did not demonstrate urgency to complete the project of constructing a well-equipped stadium, and as a consequence it has lost the opportunity to become a potential Association to host a World Cup match this October-November. On this count, the officials of the Saurashtra and Gujarat cricket associations showed the foresight to build a modern stadia for international matches, also pass on benefits to the local talent and scored over the languishing Baroda. There are reports that the work at Kotambi will be completed sometime next year, but an association that was made famous by the Nimbalkars, Gaekwads, Hazares and Ghorpades others ought to have seen the progress made by Saurashtra and Gujarat and emulated them. The cricket loving people of Baroda, indeed, have been given the short shrift by the authorities. Next door at Rajkot and Ahmedabad, it has been a joyful experience for the cricket fans.
Modi_EPS
AIADMK Woos BJP National Leaders As Annamalai And EPS Don’t See Eye To Eye
AIADMK and the local BJP under K Annamalai’s leadership are not on the best of terms. Despite being told to go easy on alliance talk, the former cop keeps harping on the uneasy ties and how 2024 Lok Sabha polls could see BJP go it alone in Tamil Nadu. This is why Edappadi Palaniswami (EPS) is hoping to impress on Prime Minister Narendra Modi the need for BJP to treat his party as a trusted ally. EPS will be meeting the Prime Minister on his busy Chennai visit on Saturday (Apr 8) when he will also be asking him for a few seats in Tamil-dominated areas of Karnataka like KGF, Marthahalli and other border areas and Chamrajnagar for the polls on May 10. This would help seal the relationship with the NDA.  Meetings that AIADMK MP, M Thambidurai, had with Union Home Minister Amit Shah and BJP national president J P Nadda set the tongues wagging in the political circles. But the AIADMK was said to be feeding him with news of what the TN government and its leader MK Stalin are up to and how to keep a check on them. With the courts inclined to support a majority of the party that is behind EPS, the BJP is interested in furthering ties with him but would still keep a door open for the likes of O Panneerselvam in the hope of uniting Jaya’s party.
Naveen_japan
Odisha CM’s ‘Namaste Japan’ Strategy Takes Wind Out Of Opposition’s Sail
Fed up with the daily bout of mindless criticisms by the Opposition parties vis a vis negative media publicity, saw Odisha chief minister Naveen Patnaik delivering another masterstroke that would endear him to 4.5 crore people of his state. The 76-year seasoned politician along with his key ministers and bureaucrats flew into Japan to close a multi-million dollar deal which would generate employment and economically transform his state.  Taking his third overseas business trip in the last 23 years, Naveen babu has managed to convince Japan’s Nippon Steel Corporation to set up the world’s largest steel plant in Kendrapara and Paradeep beating South Korea’s Posco involving an investment of Rs 142,000 cr. The setting of this steel plant will see that Odisha emerges as the steel export hub of the world. The investment commitment from Japan could not have come at a better time. It also indicates that like Prime Minister Narendra Modi, even Odisha chief minister is thinking about the state 24×7. Besides, Nippon the CM’s high level delegation held parleys with Marubeni Corporation and Avaada to explore opportunities in green hydrogen and green ammonia sectors in Odisha. Patnaik is also eyeing the potential of Buddhist and eco- tourism.  Come to think of it, Patnaik has mastered the art of putting the money where his mouth is, little wonder he is one of the popular chief ministers in the country.

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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.”