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Valli murugappa
Murugappa Group's Out-Of-Court Settlement With Valli Arunachalam Surprises Corporate Watchers
They have been in the news for all wrong reasons.  One of their own members dragged them to the court. That member happens to be a female, adding a gender twist to a corporate feud — should we say domestic dispute. More than the legal battle, what has been hurting the group most is the negative publicity that the whole issue was getting them. To be sure, the family members of the Chennai-based $ 5-billion Murugappa Group have shown extraordinary restraint in the face of an avalanche of media reports which featured the versions of Valli Arunachalam, the elder daughter of late MV Murugappan who was the head of Carborundum Universal. Post his demise, Valli and her sisters insisted that they be accommodated in the businesses of the group. Valli even reportedly suggested that they be bought out in the group. All of a sudden on a leisurely Sunday (Aug 20), both sides have agreed to bury the hatchet and settle amicably out-of-court. This could put an immediate end to the washing of dirty linen in public.  They have a 90-day window to work out an amicable deal to part ways. Will there be a friend in need for the family to get Valli off their back? Well, interesting times are ahead at Murugappa Group.
Kharge rahul
Kharge Buries Ghost Of G-23 In CWC, Inducts Tharoor, Pilot & Tiwari
In a major reshuffle in the Congress Working Committee (CWC), party president Mallikarjun Kharge appointed Shashi Tharoor, Anand Sharma, Manish Tiwari and Sachin Pilot to the policy making body. Except for Pilot, whose inclusion is being seen as a sop ahead of Rajasthan assembly elections, inclusion of the other three leaders is significant as it finally buries the ghost of Group-23. These three leaders were among the many who in a letter to Sonia Gandhi last year had questioned non-transparent functioning in the Congress.  Only exception among the G-23 leaders who got left out is former Maharashtra CM Prithiviraj Chavan. It is surprising that Chavan was kept out of the CWC unless the Congress brass is planning some other assignment for him. Also important is the inclusion of Ajay Maken and Alka Lamba, leaders who have been vocal against Arvind Kejriwal. Party sources were equally surprised that Kharge’s team decided to keep out a close Rahul Gandhi aide Milind Deora out of the CWC. Party circles from Telangana blamed bias of Kharge’s team for packing the CWC with men from Andhra — 4 leaders and only 2 from Telangana that too at a time when assembly elections are going to be held in Telangana by end of this year. “It just seems we have lost the plot to win elections,” said a close Rahul aide from Telangana who got axed in the CWC rejig.

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.”