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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.
Maharashtra deputy chief minister Ajit Pawar has appointed political campaign specialist Naresh Arora to plan the strategy of his Nationalist Congress Party (NCP) for the state assembly election, due later this year. The drubbing in the Lok Sabha election suffered by his party has forced Ajit to reorient his plans and strategy. As part of this, Arora has been drafted. He has an impressive list of some successful political campaigns. Arora’s induction and a 90-day plan suggested by him are the subject of curiosity now. In a significant step, Ajit and his close confidants, Praful Patel and Sunil Tatkare, visited the famous Siddhivinayak temple in central Mumbai along with several NCP legislators. The darshan visit has taken place on the eve of the election for 11 seats of the state legislative council. It will be a tough test for Ajit as well as Shiv Sena leader Uddhav Thackeray as cross voting will determine the outcome. Uddhav’s right hand Milind Narvekar’s entry into the ring has heightened suspense since he has been liaising with MLAs belonging to all parties to ensure a favourable result for him. As a precaution, Ajit has decided to lodge his party MLAs in a five-star hotel and the Congress party, too, has decided to adopt the same precaution to prevent any poaching of the votes. The election on 12 July will impact the scenario for the impending assembly polls.
The upcoming wedding of Anant Mukesh Ambani with Radhika Merchant has started making waves by assuming a political hue. While Prime Minister Narendra Modi is scheduled to visit Mumbai on 13 July to attend, among other engagements, the grand bash, top international figures in business, industry, finance and entertainment have begun arriving. The ceremony will be spread over three days from Friday, 12 July in Mumbai. Traffic restrictions are to be implemented in view of the VVIP movement. Politically, the first to attract the media attention is Tejas, Shiv Sena leader Uddhav Thackeray’s son. He is seen dancing along with many Bollywood celebrities to the tune of “Yeh Ladki Hai Allah” in one of the events. Expectedly, Tejas has invited barbs from the political opponents of his father and elder brother Aaditya. Shiv Sena (Shinde) leader Sheetal Mhatre has ridiculed him by remarking that “while father is Natsamrat (great actor), son is Nrutyasamrat (great dancer).” Mumbai BJP Ashish Shelar has lampooned the Thackeray scion by reminding him that Tejas has never danced at a Marathi celebration. Similar sharp derision is replete on social media. The point being made is that Uddhav and his followers publicly criticise the Ambani’s and their Gujarat link but surreptitiously keep close to them. Uddhav and wife Rashmi earlier had attended the ‘Mehndi’ function of Anant and Radhika. So far, there is no response from anyone concerned.
Even as Reliance Industries chairman Mukesh Ambani on July 4 met former Congress president Sonia Gandhi at her 10 Janpath residence and presented an invitation card of his son Anant Ambani’s wedding to Radhika Merchant, daughter of businessman Viren Merchant, it is being reliably learnt that the Gandhis — both Sonia and her son Lok Sabha LoP Rahul Gandhis may not be attending the wedding. The wedding will take place at the Jio World Convention Centre in Mumbai on July 12. The three-day celebration will feature several rituals and celebrations including ‘Shubh Vivaah’ on July 12, followed by ‘Shubh Aashirwad’ on July 13 and concluding with ‘Mangal Utsav,’ (wedding reception) on July 14. The Gandhis have reportedly conveyed their inability to attend the wedding to Mukesh Ambani who had spent nearly an hour at 10 Janpath. The Gandhis seem to be staying away from the wedding because of Rahul Gandhi’s politics. He had attacked Ambanis and Adanis as recently as last week during his visit to Gujarat while addressing a Congress function. Rahul Gandhi is reportedly very particular that he does not wish to cramp his political style by attending an Ambani wedding. During the Lok Sabha elections, PM Modi had wondered why Rahul Gandhi had stopped attacking Ambanis and Adanis as soon as the elections were declared; he had sought to know if the Congress had gone silent after receiving funds from these corporate groups. Several senior ministers, including PM Modi and Home Minister Amit Shah, are expected to attend the high-profile Ambani wedding. While Anant-Radhika’s first pre-wedding celebration was held in Gujarat’s Jamnagar, the second took place on a cruise in Europe in June.
Air Kerala, the long standing demand of Malayalees, is finally taking shape. The brainchild of two UAE entrepreneurs, Afi Ahmed and Ayub Kallada, Air Kerala will be the first regional airline originating from Cochin. The airline which is registered under the name, Zettfly Aviation, has received the NOC from India’s Civil Aviation Ministry to operate scheduled commuter air transport services for three years. With NOC in hand, the promoters will now have to obtain an Air Operator’s Certificate. The next step also involves zeroing on the right type of aircraft. Initially, Air Kerala plans to buy/lease ATR 72-600 model aircraft to connect tier-II and tier-III cities. The intention is finally to graduate to tier-I cities and expand to international routes. For this, the airline will have to expand operations over a period of three years with an expanded fleet including wide-bodied Jets. Air Kerala has been the dream-child of the Kerala Government since 2005, to operate a low cost air service offering economical fares to expats. Last year, Afi Ahmed, one of the promoters who owns Smart Travels, bought the domain name airkerala.com for a whopping Dh 1 million. The promoters plan an initial investment of DH 1.1 billion. Zettfly Aviation’s board comprises Afi Ahmed, Ayub Kallada and Kanika Goyal all having expertise in the aviation field.
Whoever watched Kalki 2898AD is all praise for Amitabh Bachchan …for his role as Ashwathama. And interestingly, the box office numbers prove that Big B is a big draw. Trade analyst Taran Adarsh tweeted that Kalki2898AD is the third Telugu film, dubbed in Hindi, after Baahubali2 and RRR to cross the Rs 200-crore mark in 10 days. Big B who has worked in over 248 films — 12 waiting to be released – hasn’t really got this kind of response to his films in recent times. In the last few years he acted in a number of multi-starrers like Unnchai, Goodbye, Runway 24 and Jhund but none of them impressed the audience save for Brahmastra. Bachchan, at 81, seems to be a big draw as he is constantly reinventing himself. At the peak of his career in the 70s, 80s, he with his angry young man image was a phenomenon; a one-man industry whose name drew the audience to theatres. Then on the advice of an investment banker he set up ABCL which drove him to bankruptcy. He got a lifeline from the late Subrata Roy of Sahara Group and a break in small screen to host Kaun Banega Crorepati? On TV Salman Khan may be getting bigger money than Bachchan but the kind of respect Big B commands after hosting KBC is unbelievable and it continues for two decades now. According to an election affidavit, he and his wife Jaya Bachchan’s combined net worth is Rs 1,578 crore. Industry observer Girish Wankhede says, “Mr Bachchan rewrote the history with his performance and the enormous box office numbers consolidate his eternal domination. He has been the king of box office in the past and with Kalki 2898AD, he is again back with the bang.” Big B has proved that age is just a number.
Former DGP, Mumbai Police Commissioner, Sanjay Pandey will contest forthcoming Maharashtra state assembly elections of 2024. A source reveals Pandey’s plan to float his own party, field candidates for state assemblies, civic elections of Mumbai. This comes after failing to secure a ticket from Sharad Pawar’s NCP, Uddhav Thackeray’s Shiv Sena and Congress. It is pertinent to note that Pandey was arrested by Enforcement Directorate as well as CBI in relation to two cases over illegal phone tapping contracted to his privately founded forensics services firm by two erstwhile SEBI directors, who were arrested earlier. Pandey’s arrest followed his retirement as Mumbai Police Commissioner with then opposition leader, now BJP’s Deputy Chief Minister, Devendra Fadnavis demanding action against him raising speculation of political motivation. The CBI filed a closure report in its case while Pandey battles court to clear his name in the ED case. The no-nonsense cop was appointed to helm Maharashtra police by erstwhile CM Uddhav Thackeray who led the MVA government. The no-nonsense IPS officer may contest from either Lalbaug or Dadar in Mumbai. Pandey is credited for unearthing the multi-crore cobbler scam as DCP in Mumbai Crime Branch where unscrupulous corporates siphoned off crores in the name of your friendly neighbourhood, humble cobbler when he was posted in the economic offences wing. Pandey was subsequently kicked upstairs to less significant postings. In the last phase of his IPS career Pandey was brought to the fore by the MVA government that suffered a serious blow due to the abysmal performance by former police commissioner Paramveer Singh for acts of omission and commission following which the CBI registered cases against Singh also.
The chief of the virtually non-existent BSP party in Tamil Nadu, Armstrong, was a Dalit leader with a following among his caste people. He may have paid the price for playing the good Samaritan in recovering some money from a gold loan Ponzi scam for his people. But those who ran the popular scheme before dropping out of circulation had hired goon Suresh to threaten people who came claiming refunds. And this is where Armstrong came into the picture as he ordered a hit on Suresh. The rest was pure gangland stuff as Suresh’s brother, thirsting for revenge, had Armstrong eliminated, symbolically, on his late brother’s birthday. The police had a whiff of the gangland undercurrents but not about who had taken the contract to dispose of Armstrong. While the cops are generally helpless when gangsters roam in the city with their ‘aruval’ (sickle) weapons hidden in their clothing, what the top men in their department did not do was to handle the spillover. Dalit protesters had a free run through central Chennai and ambulances trying to reach General Hospital were gridlocked and people travelling through Central station had a rough time. Armstrong paid with his life for daring to ask for refunds from gangsters and the top cop lost his post for not being better informed about the fallout. A government, already smarting from the hooch tragedy, had to be seen acting firmly and the top cop’s head rolled in the process.
Mumbai and Maharashtra’s Chirag Shetty may have stirred the hornet’s nest by telling the Government of Maharashtra to look at the achievements of sportspersons of the State in Olympic sport and reward them, just as they do for cricketers. He was only refreshing the people in authority that he, too, as a son of the soil, had helped India win the ultimate prize in badminton — the seven-plus decade-old Thomas Cup in 2022. A doubles specialist — his partner being Satwiksairaj Rankireddy from Telangana — Chirag had played his part in the historic win. The young shuttlecock player made a timely appeal soon after the Government of Maharashtra feted the Mumbai players and support staff of the Indian team that won the Twenty20 World Cup in Barbados on June 29 with a cash award of Rs 11 crore. Former India player and coach Uday Pawar has hit the nail on its head, saying that a mechanism in place for winning World Cup level competitions would straightaway reward sportspersons and that achievers like Chirag can focus on their sport. Chirag, along with his partner, are among the top doubles pairs in the World, and the badminton community in India is fondly hoping for a medal from the doubles pair in the forthcoming Summer Olympics in Paris. On the count of sweat and toil, Chirag is no less than any other champion performer. Chirag doesn’t grudge the cricketers being applauded before the lawmakers in the Vidan Sabhan, and most importantly, he is only asking the likes of Eknath Shinde, Devendra Fadnavis and Ajit Pawar to pat achievers in other sports on their back and be generous on money matters.
Tamil cinema’s popular star Dhanush unloaded a plethora of angst at the music launch of his 50th film, Raayan. But why? He has travelled from Kolly to Bolly to Hollywood in the span of 24 years, no mean feat for a guy who came from nowhere (literally), body shamed for his looks…thin, dark and passable visage, a far cry from matinee idol. But this hugely talented star had immense confidence in his ability and quickly made his place in the clawing competitive space of Tamil cinema. His acting talent was evident. Talking about his rise, popularity, star saleability and versatility Dhanush recalled those days …when he lingered in Poes Garden hoping to catch a glimpse of his hero..,his future father-in-law Rajinikanth. He idolised Superstar Rajini, craved and coveted his lavish house, its location; so too J Jayalalithaa’s iconic home and address. “I am going to get a home here in Poes Garden”, he vowed. And he did. He built his imposing home (Rs 100 plus crore) very near to the Superstar. While his professional life zoomed up as one of the most sought after cinematic talents …actor, director, script writer, singer, his personal life plunged into chaos. He separated from his wife Aishwarya and two sons. Dhanush reminisced about all this even when he should have proudly launched his 50th film, talked about maestro AR Rahman, ensemble cast. When Dhanush opened up about his regret for building this opulent home in Poes Garden, the overwhelming sense of emotional pain spilt out as angst.
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.