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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.
Are the re-runs slowly becoming a revenue model both for producers and exhibitors who have been grappling to bring back the audiences to cinema halls? Diwali turned out to be decent but then again we are gone back to re-release of films. Shah Rukh Khan’s Veer Zara re-release has been appreciated. Rakesh Roshan plans a re-release of Karan Arjun with a huge number of screens after 30 years of its release. This again has Shah Rukh Khan and Salman Khan coming together for the first time on screen. SRK’s Kal Ho Naa Ho and Pardes too are re-releasing in cinemas. Those in the trade feel that re-release of Tumbbad, Rehna Hai Tere Dil Mein and Laila Majnu have given courage to producers to cash on re-runs. The re-runs have stirred both excitement and curiosity. Traditionally, re-releases were reserved for timeless classics, but now more recent films are being revived, prompting questions: Is this trend purely nostalgic, or is there a deeper strategy at play? According to Trade Analyst Saurabh Varma, the re-release phenomenon is benefiting the cinema industry in multiple ways. For producers, re-releasing films is a cost-effective option. The marketing and distribution expenses are far lower than for new releases. Re-releases tap into the large fan bases of iconic films, giving long-time fans a chance to relive their favourite stories on the big screen. Furthermore, these revivals provide a unique opportunity for younger viewers who may have missed these films during their initial release. The combination of nostalgia and iconic music resonates deeply with audiences.
It’s a drivetrain solution provider for windmills and industry applications. Every one out of three drive train products installed across the globe bears the brand name of this one. Truly, this German major has traversed quite a long way and undergone a major metamorphosis in the process. One-and-a-quarter-century-old Bocholt-headquartered Flender has significant presence in India. Not surprisingly, the top management team of Flender was in Chennai a few days ago. The presence of the top honchos was more to reiterate the commitment of Flender to India. After all, it has been in India since 1961. It now has three production sites — one each at Kharagpur (WB), Chennai (TN) and Walajabad (TN). Around 10% of its nearly 9,000 skilled personnel across the globe are housed in India. And, it has been putting more money into this country since 2020. Why not? For one, India is the right choice for all those who are looking for the China Plus One option in the post-Covid era. For another, the focus world-over is now increasingly on sustainable development. The robust ecosystem — the presence of assorted turbine makers and a well-evolved supply chain — according to its India CEO Vinod Shetty, is ideal suited for Flender to aspire for a bigger role in driving energy transition in the country. Indeed, Flender is quietly expanding its India operations for a bigger role in its global game plan.
Tamil film producers and their financial backers are now rethinking this model — big money, big stars, big projects but no guarantee that it will reap profits. So the new strategy…safe and secure than spend thrift and sorry. Can small budget films do big business? A resounding yes to three of 2024s baby budget films that warmed the cockles of producers’ hearts. Three films of this year, Lover, Lubber Pandhu and Vaazhai have pulled in amazing profits and massive margins. Lover’s budget was a mere Rs 5 crore, and plus other expenses added the total cost to Rs 6 crore. Hold your breath! It made a profit of Rs 13 crore. But Lubber Pandhu (Rubber Ball), a title that would have gone unnoticed, made the biggest rake in for Prince Pictures who earned Rs 35 crore in TN gross alone — 300% profit. Vaazhai was no sneeze over either…it brought Rs 12 crore profits in TN. Film making costs and exhibition/promo expenses can zoom up dangerously, and after paying the incredible star salaries, if the film’s overflow is modest, stakeholders have no insurance cover to fall back on. Small is big is fast becoming the new open sesame for Kollywood to stay safe.
Veteran leader Sharad Pawar finds commonality between Vote Jihad and a particular section of the people voting for the BJP. Explaining his stand, the NCP founder said it was seen in Pune that the BJP was consistently supported by a certain segment (read Brahmin) in some areas. We expect this to happen though don’t call it Vote Jihad, he remarked. According to Pawar, if such voting patterns happen, it is the right of every community to vote as per its choice. He again charged that deputy chief minister Devendra Fadnavis had raised the issue of Vote Jihad. Pawar’s jab was directed at those specific areas of Pune where Brahmin population is dominant and mostly BJP candidates are elected from such localities. Time and again, Pawar has been accused of creating the bogey of caste with an eye on electoral gains by engineering a rift between sections of the electorate. In support of his contention, Pawar said slogans like ‘batenge toh katenge also fall in the same category as they have a communal shade. He alleged that the issue has been cropped up by the ruling dispensation as it is desperate at the bleak prospect in the assembly election, after the Lok Sabha rout. Fadanvis had condemned the Vote Jihad philosophy after cleric Sajjan Nomani released a list of the Maha Vikas Aghadi candidates and asked the Muslims to vote for them.
Exactly a month from now the Shri Ram Janmbhoomi Temple in Ayodhya would have been inaugurated by PM Modi on January 22. Yet, what is really making news is that if those being left out of the event — like Uddhav Thackeray are complaining about being missing from the guest list, it seems those included like Congress leaders Sonia Gandhi and Mallikarjun Kharge, are not too happy about receiving the invites. The two leaders received the invites personally from Nripendra Misra, former principal secretary to PM Modi and chairman of the temple construction committee of Shri Ram Janmboomi Teerth Trust. Have the Ayodhya invites put the Congress leaders in a fix? Probably. That is because neither Sonia nor Kharge are known to patronise temples or are practising Hindus. Lok Sabha MP Adhir Choudhury too has been invited. When asked whether any of their leaders would be at Ayodhya, party functionary KC Venugopal curtly replied, “You will know about the party’s stand… on January 22.” Party sources said the Congress leadership seems to be guided by the Left Parties and the DMK which want to mobilise counter opinion against Ram temple. However, at the CWC meeting Kerala leader Ramesh Chennithala who took a strong position in the Sabarimala Temple issue and forced the CPI(M)to change its stand, suggested that the Congress ought to form a panel to assess mood within the party. He felt any move against the Ram temple could cost party votes in the North. Brushing aside such fears a CWC member said,”Ram temple will matter only in UP. In Bihar, we tackle Ram with caste census.”
Karnataka chief minister Siddaramaiah seems to be in the habit of courting controversy with luxury. If in his last stint in office he had trouble over an expensive Hublot watch that he was wearing, this time it is the private luxury jet he took to Delhi to attend an official appointment with PM Modi. Of course, the entire blame for flying Siddaramaiah in style would go to Karnataka Minorities Affairs Minister BZ Zameer Ahmed Khan. A close aide of the CM, Zaheer had played an important role in weaning away Muslim votes towards the Congress from the BRS in Telangana. High on Telangana victory, Zaheer uploaded pictures of the CM and a few colleagues enjoying their luxury ride aboard his jet. What riled everyone in Karnataka political circles was that the CM had gone to meet PM Modi to seek funds for drought relief. By the time he returned to Bengaluru, Siddaramaiah was questioning PM Modi travelling in a special jet commensurate with his office. Hounded by queries on his travel mode, the CM lost his cool. Or maybe the info that the entire HD Devegowda family had met with PM Modi had unsettled him. In March 2016 when Karnataka Assembly had witnessed stormy scenes over a Hublot watch Siddaramaiah had worn and JD(S) leader HD Kumaraswamy led the charge, saying it was worth Rs 70 lakh. After days of being evasive, the CM finally admitted that the watch, a gift from a doctor friend, cost Rs 7 lakh and he would declare it a state asset.
When the groundswell began to drift against Sanju Samson that he was wasting his talent, he chose the wine countryside of Paarl to notch his first significant knock in coloured clothing for India. The big hitter from Kerala shunned reckless shots and emerged with a three-figure knock in the third and final one-day international against the Proteas and won the man of the match award. Endowed with the ability to lift the ball for straight sixes, Samson was given the No 5 spot in the first two matches. He did not get to bat in the first match at the ‘Bullring! In Johannesburg, and scored only 12 off 23 balls in the second ODI that India lost. But on Thursday (Dec 21) skipper KL Rahul sent him at No 3 and this move appears to have played in the trick to make him responsible. Samson flexed his muscles from the fifth over of the match and after debutant Rajat Patidar was dismissed. He faced 114 balls, struck 6 x 4s and 3 x 6s to make 108 and left the scene of action only in the 46th over. Samson was not part of the World Cup squad with the selection committee going with Rahul and Ishan Kishan. Captain of the Jaipur franchise, Rajasthan Royals, Samson was high in Rohit Sharma’s estimation some six months before the ICC Men’s Twenty20 World Cup in Australia last year. But it was Dinesh Karthik who took his place and Samson missed the bus. Samson has proved that he is worthy of a place in the national team.
Is Maharashtra heading for simultaneous polls of its state assembly coinciding with general elections of Bharat? Prime Minister Narendra Modi’s recent statements emphasizing “One nation, one poll” compounded with a dismal political picture painted by internal surveys by the Bharatiya Janata Party (BJP) indicate exactly such a prospect. A well-placed source says, “Results of recent assembly elections in MP, Rajasthan and Chhattisgarh enthused BJP tremendously as state level anti-incumbency was effectively neutralized by Modi’s persona bringing rich political dividends even in MP where Congress was dead sure of a win. A similar political situation exists in Maharashtra, where the Shinde led Shiv Sena faction (40 MLAs plus 10 independents), even Ajit Pawar’s NCP grouping may not perform well in the next state assembly elections after the current government’s tenure ends in November 2024. The party was mulling over simultaneous polls for over a year now.” Even the BJP retaining its 2019 figure of 105 MLAs in Maharashtra, that came down from 122 MLAs in the 2014 state assemblies, was a deciding factor. The Prime Minister is also a votary of the two (national) party system of democracy as prevalent in the USA. The I.N.D.I.A coalition of opposition political formations under a single umbrella in 2023 is viewed by the BJP as a step in this direction. The party feels public disenchantment with their current three-party alliance government in Maharashtra can be simply countered by projecting Modi’s face for the twin polls being held simultaneously. Will I.N.D.I.A stay together?
The social media, during the past few months, have been on an overdrive about Aishwarya and Abhishek’s marriage, and that she has moved out. For public consumption Aishwarya stays in Amu, which is in close vicinity to Jalsa where Amitabh and Jaya Bachchan stay. About Ash-Abhishek marriage, reliable sources say, Bachchan Jr has too many commitments and is doing one too many back-to-back shoots outside Mumbai. His long absence and Ash only being seen with her daughter Aaradhya in social gatherings has perhaps given wings to the rumours that their marriage is on the rocks. Reliable sources say that even if there is stress in the relationship, it happens in all marriages, there will never be a separation in the Bachchan house; Aishwarya Rai Bachchan is and will always be a Bachchan bahu. Another trigger point for the rumour of Ash moving out is the story about Big B gifting his landmark bungalow Prateeksha in Juhu, a tourist spot, to daughter Shweta Nanda. Perhaps to stop this tongue wagging the entire Bachchan clan did a photo op at The Archies premier in which their grandson Agastya Nanda plays the protagonist Archie Andrews. But, in a way, this move gave grist for the rumour mills as Aishwarya’s sis-in-law Shweta Nanda was missing from the frame.
In a major blow to the organisers of the ‘Ek Lokho Konthe Gita Path’ (Gita Chant in Lakh Voices) event, Prime Minister Narendra Modi is reportedly not attending the Brigade Parade Ground event in Kolkata on December 24 because of a government programme. PM Modi was supposed to recite the Gita with Shankaracharya Sadanand Saraswati. Besides Modi not attending, the organiser has yet to get confirmation from the Uttar Pradesh chief minister Yogi Adityanath. In a show of strength for the past three months, Bengal BJP went ahead with the plan keeping PM Modi at the forefront. It is learnt that not only the Sanatanis but also BJP workers and functionaries are hugely disappointed with this development. Meanwhile, Assembly Opposition Leader Suvendu Adhikari and BJP State President Sukanta Majumdar convened an emergency meeting after being informed by the PMO about the PM’s absence. Party sources said that frustration is evident among the workers as the city has witnessed extensive displays of banners and posters featuring the Prime Minister announcing his presence at the programme. It is also learnt that around 3,500 sants (sadhus) will be coming for the event and over 55,000 Bengali translations and 34,000 Hindi copies of the Bhagavad Gita have been sold in the last 10 days.
Speculations are rife as to why Odisha chief minister Naveen Patnaik’s protege, ex-IAS officer VK Pandian, now 5T chairman, is not contesting the 2024 assembly election. Pandian, who holds the cabinet rank, is the second most influential person in Biju Janata Dal (BJD). Party sources say Pandian’s decision could not have been possible without Patnaik’s nod. This is not the right time for Pandian to contest election given the fact he is saddled with enormous party responsibilities. Pandian has to earn Naveen’s complete trust regarding his organizational capacity, people management skills, and resolving contradictions. Basically, Pandian has to ensure that BJD wins both Lok Sabha and Assembly elections in 2024 handsomely. It is learnt Pandian will play a greater role including timely temple renovation of Lord Jagannath temple, all round infrastructure development, school and college transformation, fight for special category status for Odisha, manage perceptions at the grass root levels, solve interstate conflicts. Pandian now speaks like a politician when he says that he has been blessed with two things: one to serve Lord Jagannath and another work under chief minister Patnaik.
This Mumbaikar with his boyish charm is enthralling the world with music prowess. Sarangi player Harsh Narayan, a third-generation musician, strongly represents the Ram Narayan Gharana performed in England recently. Unlike several other artists who visit the UK and are keen to perform one too many concerts, Harsh is choosy and does only a few concerts abroad. Grandson of the maestro Pt Ram Narayan, son of sarod maestro Pt Brij Narayan and nephew of now Tornto-based Vidushi Aruna Narayan Kalle, Harsh probably has instrumental music in his genes and sarangi flowing through his veins. Harsh, while regaling the audience ensures he promotes the wisdom, knowledge, skill, purity and sanctity of Sarangi and also tries his best to uphold the tradition and legacy of his grandfather. Towards his mission, he delivered lectures and performed at the University of Warwick and a concert in Manchester. He has grown experiencing and witnessing at very close quarters the love and respect the Europeans have had towards Pt Ram Narayan’s bowing technique while playing the instrument. Pt Ram Narayan was largely responsible for nailing Sarangi on the international map like Pt Ravi Shankar did to Sitar. Sarangi has won a rightful place as a solo-playing instrument — and not as an accompanying one by the Narayan family.
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.