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Carborundum Universal's Goes For Aggressive Investment In Clean Green Energy Space
The corporate world in the city of Chennai is ever exciting. Yet, the industrial groups in Chennai are always dubbed as conservatives. This is far from the truth, however. This company from the Murugappa group was, perhaps, among the first in the post-liberalisation era to daringly make an open offer to acquire Wendt India in early 90s. Much water has flown under the bridge since then. Today, each constituent of the Murugappa group is chalking out its own aggressive growth path. September 16, 2024 was a hectic day for Carborundum Universal Limited (CUMI), a leading materials sciences engineering solutions provider headed by MM Murugappan. It announced a couple of deals. First, it said it had entered into a Purchase Agreement for acquiring 100% membership interest in Silicon Carbide Products Inc through a special purpose vehicle at an enterprise value of around Rs 56 crore. SCP specialises in producing high quality Nitride Bonded Silicon Carbide (NBSiC) products. It has also announced a deal with Amplus Energy Solutions PTE Limited, Singapore, and Grian Energy Private Limited (GEPL) to invest Rs 8 crore in GEPL having its registered office at Okhla Industrial Phase, aggregating to 4.19% in its equity capital for accessing the contracted capacity of around 10 MW in the captive power plant of GEPL. This particular investment is expected to aid CUMI source clean green energy, thereby reducing the carbon footprint.  Trust CUMI to stay contemporary!
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Veiled Threat By DMK’s Alliance Partner VCK Rattles Stalin
Generally speaking in Tamil Nadu the alliance partners whether of the DMK or AIADMK get itchy and periodically restless then threaten to walk out. So it was not surprising to see Viduthalai Chiruthaigal Katchi’s (VCK) supremo Thol Thirumavalavan make his stunning move when chief minister MK Stalin was away to the U.S. for a month. Thiruma announced plans to hold the mother of all public meetings on Gandhi Jayanti (Oct 2) to hammer home the need for prohibition in TN (where state sells liquor  to the thirsty populace)  and highlight the fast spreading drug menace. Holding a mega meet of over 35, 000 women against liquor, on 8 acres of his venue, bringing women voters from 134 wards to Kallakuruchi. Thiruma cannily invited the AIADMK to join the mammoth meet and share a common platform. But his other demand, more share in power and governance is what shook the ruling DMK, shocking Stalin and his stalwarts Duraimurugan, KN Nehru, AV Velu and Ponmudi. Sure enough Stalin was rattled sufficiently to call Thiruma for an immediate meeting at DMK Anna Arivalayam. Thirumavalavan poured out a litany of woes…his party did not get respect when the party flags had to be put up whereas PMK and even newbie Vijay’s TVK were getting better treatment from the Police. It is not clear which hit Stalin most…Jet lag or Thiruma’s tirade. Muscle flexing seems to be the best optic for alliance partners.
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Atishi Picked CM On Kejriwal’s Wife Advice, Rajya Sabha MP Swati Maliwal Gives Vent On X
If it has been puzzling everyone in the Lutyens political circles how Atishi Marlena, daughter of Marxist parents, was chosen over  the likes of Raghav Chadda, Sanjay Singh and Saurabh Bharadwaj to be Delhi CM, the reasons are apparently not far to seek. It seems she was chosen because she was fully endorsed by Arvind Kejriwal’s wife Sunita, a public activist who had a voice in this decision. The proof of it is the manner in which estranged Delhi AAP Rajya Sabha MP Swati Maliwal who was in Sunita’s crosshairs has come out openly against Atishi’s elevation. Through a series of posts on X (formerly Twitter), Swati has hit out that Atishi as Delhi CM could be a security risk as her own family has fought a long battle to save terrorist Afzal Guru, the man responsible for Parliament attack in 2001 from death penalty. “Her parents wrote mercy petitions to the President several times, that he is innocent, that he should not be hanged, that he is a victim of political conspiracy. How wrong is this? Today, Atishi will become the CM but we all know that she will be only a “dummy CM”. Still, this is a major issue because she will be the CM and this matter is directly linked to the security of the country as well as Delhi. God save the people of Delhi from such a CM”. Swati also posted signed copies of the mercy petition. Of course the Kejriwals may have preferred a rootless Atishi as she will step down whenever told. So far the BJP has not accused her of corruption and it will be difficult for it to do this now. And of course the LG will get little ground support if he blocks files.

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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.”