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Uday letter
Uday Kotak’s Handwritten Resignation Letter Gives That Personal Touch
Hard copy in this digital age is passe. Today, all communications are in digital or electronic form save for doctors writing their prescriptions. So it was surprising to see Uday Kotak, Managing Director and CEO of Kotak Mahindra Bank Ltd sending a handwritten resignation letter on September 1 to his chairman Prakash Apte. The 3-pageletter captures the journey of Uday Kotak which started in 1985 with three employees in Mumbai’s Fort area. Today, this successful bank which has over a lakh employees has presence all over India and five other countries. Interestingly, Kotak has tweeted his handwritten letter. Generally, handwritten notes are written to add that personal touch and some CEOs do take that extra effort to send a thank you card or good wishes hand written. This gesture conveys that they care. Ratan Tata is known to do that; he sends handwritten letters especially if it is outside business.  He has very good handwriting. This writer has seen some of his handwritten notes. Coming back to Kotak, he has truly built a formidable bank. In his words, “an investment of Rs 10,000 with us in 1985 would be worth around Rs 300 crore today.” All his stakeholders are laughing all the way to the bank.
Mamata uddhav
What Irked Mamata Banerjee At I.N.D.I.A’s Mumbai Meet?
Looks like I.N.D.I.A front of Opposition leaders is being betrayed from those within. At a time when it seemed a good beginning had been made with the setting up of coordination committees and working groups, no one expected it would be filled with lightweights — barring Sharad Pawar. There was a suggestion from TMC supremo Mamata Banerjee to involve CMs — at least in the election strategy group. For some reason it was scuttled by RJD leader Lalu Prasad who didn’t want Nitish Kumar on the panel. Didi who wanted to host the next I.N.D.I.A event in Kolkata found no takers as it was shot down by CPI(M) leader Sitaram Yechury as he explained that Left could not be seen in a function hosted by the TMC. Rejection of Kolkata as venue was enough to irk Mamata. She found it odd that Communist leaders had no problem in rubbing shoulders with the TMC or the Congress in Delhi or Bengaluru but not in the home turf of Bengal or Kerala. Mamata also did not approve of the unilateral manner in which Rahul Gandhi raked up the Adani issue at the Opposition event without consulting other parties. The TMC chief had initially pointed to the Congress about the Left and Congress virulently campaigning against TMC for the September 5 Dhupguri assembly by-poll. In fact, Mamata had specially sent her nephew Abhishek to Delhi to complain to Rahul about the tone and tenor of the Left-Congress campaign.

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.”