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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: 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.