All
Politics
Business
Entertainment
Sports
Celebrities
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.
In a setback to CM Siddaramaiah, the Karnataka High Court dismissed his petition challenging the legality of Governor Thawar Chand Gahlot’s nod to an investigation against him over alleged MUDA land scam. The scam pertains to allegations of allotment of compensatory sites allotted to Siddaramaiah’s wife BM Parvathi in an upmarket area in Mysuru that had higher property value as compared to the location of her land that had been “acquired” by Mysore Urban Development Authority. MUDA had allotted plots to Parvathi under a 50:50 ratio scheme. The land in question is a 3.16-acre parcel in Kesare village, which was originally owned by another party allegedly transferred to Siddaramaiah’s brother-in-law, Mallikarjuna Swamy Devaraj in 2005. It was recorded as having been purchased in 1998. Activists claim that Mallikarjuna Swamy acquired the land illegally in 2004 using forged documents with the aid of government officials. Politically, with all round backing of his cabinet, including rivals like DK Shivkumar, Siddaramaiah brazened out the HC order for a probe as it had not endorsed the Governor recommendation for a probe under Sec 218 — which deals with Prevention of Corruption Act. The single judge bench led by Justice M Nagaprasanna held that the Governor could take “independent decisions if exceptional circumstances arise”. The judge noted that Siddaramaiah was the Deputy CM from 1996 to 1999 and again in 2004 to 2005, and was the CM between 2013 and 2018. The court noted that Siddaramaiah was at the “helm of affairs” in the above mentioned time frame and added that it is “difficult to accept that the beneficiary of the entire transaction to which compensation is determined at Rs 3.56 lakhs to become Rs 56 crore is not the family of the petitioner (Siddaramaiah)”.
The shoe is on the other foot now, for the U.S. administration under President Joe Biden that brazenly interfered before, during and continues even after general elections held in India in April returned the BJP-led NDA to power. Indian Prime Minister Narendra Modi, observing a less than a tit-for-tat policy, is emerging as the big social influencer for the forthcoming Presidential polls in the USA. While stopping short of responding in equal measure over U.S. meddling, Modi has leveraged his popularity among the Indian diaspora in the USA pitching for Donald Trump’s second innings at the helm of American political affairs. India’s exasperation with U.S. meddling and constant interference during the Lok Sabha polls was further aggravated even thereafter, when more coordinated efforts were launched from U.S. shores targeting Indian industry, political outreaches to regionally disruptive players from India. The proverbial last straw on the camel’s back came when Khalistan proponent Gurpatwant Singh Pannun, backed by U.S. administration, launched a criminal suit broadside against India and even warned against Indian flyers using the national air carrier, followed up by Leader of the Indian Opposition (LoP) Rahul Gandhi loud speaking about Sikhs in India being unable to visit gurdwaras or even sport religious accessories like the Kada during his recent U.S. visit. The CIA toolkit of interference in Indian political affairs now faces Modi’s comeback albeit, only as a positive influence for the candidature of Trump as the next U.S. President. NSA Ajit Doval also gave the PM’s Biden meeting a miss right after his Russia and Ukraine engagements adding further grist to the ill.
Happy days are here again for Anil Ambani. Some of his company’s stocks are northbound. For instance, Reliance Power and Reliance Infra stocks are in surging mode. Reason: Reliance Infra’s debt has been reduced by almost 87.6% to Rs 475 crore from earlier Rs 3,831 crore. Its share price shot up by 80.53% giving an impressive returns of nearly 50% in the last 12 months. Ditto, Reliance Power. Its share price is also on the rise after the company fully settled Rs 3,872.04 crore corporate guarantee outstanding debt obligation of Vidarbha Industries Power. With this kind of positive development Reliance Infra share price has jumped by 7% trading at Rs 252.15. Anil Ambani has also made a one-time settlement with Edelweiss ARC — its NCD debts have reduced from Rs 3,800 crore to around Rs 470 crore. It is also learnt that Anil Ambani has also fully repaid LIC, ICICI Bank and Union Bank. Market sources say Reliance Infra is likely to get Rs 1,100 crore equity infusion from its promoter Anil Ambani and Rs 1,910 crore from two Mumbai-based investment firms. There is also a strong rumour that Blackstone executive Mathew Cyriac through Florintree Innovation and equity investor Nilesh Shah may invest Rs 1200 crore via Fortuna Financial & Equity Services for a minority stake. It is understood that the Board has approved Rs 6,000 crore fundraising plan of which Rs 3,014 crore fund will be raised through allotment of share issue to institutionalized buyers.
Who will be the next Secretary of the BCCI? That’s the million dollar question. The incumbent, Jay Shah, has been elected as the independent chairman of the International Cricket Council and the 36-year-old will take charge from December 1. The BCCI’s annual general meeting has been convened in Bengaluru on September 29. The 37-member unit may get hints there of a potential candidate who will fill the big boots of Shah who has been running the BCCI for five years. Shah took definitive calls like shifting the IPL during the pandemic years to the UAE and sustained the money supply to the BCCI’s coffers. Being the son of the Union Minister, Amit Shah, turned out to be an advantage. And hence, his successor will not be seen as Shah-like; the young Secretary even made predictions that India will win the Twenty20 World Cup in the West Indies, and similar ones for the Women’s Twenty20 World Cup, the World Test Championship and the ICC Champions Trophy. Shah is more likely to handpick his successor and may keep the cards close to his chest till the AGM at Bengaluru. The names of a handful of individuals have been floating around, but is there an experienced candidate who can fit the bill for a job that has been held by seasoned administrators like MV Chandgadkar, Judge Anant Kanmadikar, Ghulam Ahmed, Jagmohan Dalmiya, Ranbir Singh, N Srinivasan, Niranjan Shah, SK Nair, Jaywant Lele, Sanjay Jagdale and Sanjay Patel. All of them came through the ranks in their States and in the BCCI. Perhaps it’s time to review the cooling off period — after six years — for administrators.
The timing must be worrying. After all, chief minister MK Stalin is working hard to convince global companies to set up shops in Tamil Nadu. During his recent visit to the U.S., Stalin set the stage for the return of Ford to Chennai. The Ford plant near Chennai remains closed ever since the American company re-jigged its global operations a few years ago. Deep south in Thoothukudi (Tuticorin), the copper smelter plant of Sterlite moved into the pages of history after the Supreme Court ordered it shut. Read against these backdrops, Stalin has been going the extra mile to woo global investment into the State. Coming as it does at this juncture, the industrial strife at Samsung Electronics situated in the Sriperumbudur corridor along the Chennai-Bengaluru Highway is causing considerable anxiety in the power corridors at St George Fort. The workers of Samsung Electronic have been on strike since September 9, seeking recognition of their new union besides listing out several demands. In the post-liberalization era, the collective bargaining power of the unions is either conspicuous by its absence or compromised consistently. Not surprisingly, the power of the unions has considerably marginalised. So much so, Infosys’s founder Narayana Murthy could even articulate a 70-hour work week to boost India’s economy. The labour impasse at Samsung has two sides to it. Surely, it could have a negative repercussion on State’s effort to entice global investment. Yet, it also gives a clue or two to the increasing stress in industrial relationships due to rapid industrialisation sans human touch.
The ruling Mahayuti and the opposition Maha Vikas Aghadi in Maharashtra are facing the same challenge: increasing pressure from their supporters as finalization of the candidates for the 288-member state legislative assembly is taking its own time. The uneasiness is becoming vocal as the Election Commission has announced its visit to Mumbai early next week. This is the first time in the state’s history that there will be six major parties in the electoral arena in the state. The two Shiv Sena factions, the two NCP blocs, the BJP and the Congress are all trying to emerge as the single largest party in this crucial election, which will determine the political future of several prominent leaders. Given the Lok Sabha results, the MVA is confident of grabbing power while the Mahayuti has been showering one benefit after another on various sections of the population to stage a comeback. Political observers recall how MVA had taken a lead over the saffron alliance in the case of declaring LS candidates. According to present indications, the BJP is preparing to fight 160 seats, leaving about 130 for the two partners and the supporters from the smaller parties. On the other hand, chief minister Eknath Shinde’s various statements are interpreted to mean that the election will take place between 10 and 20 November.
Defiling Tirupati Laddus with adulterated ghee containing animal extracts under Jagan Mohan Reddy’s rule has now acquired dimensions of a rounded religious-political battle for Hindu Aastha. While it was Andhra chief minister N Chandrababu Nadu who first stumbled upon defilement of the ghee by a Tamil Nadu-based supplier — AR Dairy Food Pvt Ltd, in the wake of a vigilance probe, Deputy CM Pawan Kalyan has gone a step further. He has announced an 11-day fast seeking personal atonement for the desecration. Saying he will seek atonement for not being able to detect animal fat in the Laddu Prasadam given at Tirumala, the Jana Sena Party leader said. “Tirumala Laddu Prasadam, which is considered to be sacred, has become impure as a result of the depraved tendencies of the past rulers. Not being able to detect this sin in the beginning is a stain on the Hindu race.” He further said that everyone who believes in Sanatana Dharma should atone for this “terrible injustice” done to the God of Kali Yuga. “As part of that, I decided to do a penance initiation. On 22nd September I will take initiation in Sri Dashavatara Venkateswara Swamy Temple, Nambur, Guntur district. After continuing the initiation for 11 days, I will visit Tirumala Sri Venkateswara Swamy on Oct 1 and 2,” he said in a Hindi post. Kalyan, who admires PM Modi, called for the formation of a ‘Sanatana Dharma Rakshana Board’ at a national level to look into all issues related to Hindu temples.
Sai Pallavi, the actor who has a big fan following for her films, is a doctor by profession. She is also known as one of the best dancers, her hit number with Dhanush “Rowdy Baby” still remembered for its sizzle and sass. For the engagement ceremony of sister Pooja Kannan to Vineet held in January, Sai and Pooja danced to the hit Marathi song “Apsara Ali”, a riot of energy and fun. But Sai Pallavi turned serious at Pooja Kannan’s wedding, held in true Badaga style in the cool environs of Ooty. The Badagas have unique traditions and culture and weddings too are celebrated in true Badaga style. The bride’s party reaches the grooms place early in the morning for the ceremony, which starts with the “Thali” (mangalsutra) tying at the Hethai Amman temple, then wend their way to the groom’s place for the sumptuous feast, Madhuve Hittu. Sai officiated as the sister bridesmaid at every turn, looking ethereal in a monochrome outfit that matched her sister’s. Sai is soon to be seen as Sita in epic Ramayana with Ranbir Kapoor as Ram …the divine chemistry to unfold the oft told epic story …Sunny Deol, Bobby Deol, Yash and Vijay Sethupathi are to provide plot movers. Sai also has Amaran with Sivakarthikeyan in the lead.
Maharashtra Navnirman Sena leader Raj Thackeray has warned against the release of The Legend of Maula Jatt, a Pakistani blockbuster, in the state. If permitted, the film will be screened just around the beginning of the Navratri festival. Also, it will be the first Pakistani movie to be released in India after 13 years. The previous Pakistani movie Bol was shown in 2011. Pakistani artists can’t work in India since 2016 following the Uri terror attack in Jammu & Kashmir. Thackeray’s warning comes following reports that the film will be released only in Mumbai. Thackeray’s affection for art is well known. Himself a renowned cartoonist, Raj is frequently seen at silver screen events. He has observed, “Art does not have national frontiers. This may be all right in other cases, but for Pakistan, this will not do at all. What is this business of bringing here actors to dance from a country whose whole existence depends upon hatred of India? Let alone Maharashtra, the government should not allow this movie to be screened in any state of the country,” he quipped. Warning of action if theatre owners went ahead to screen the film, Raj Thackeray has reminded all concerned of what MNS has done in the past when such incidents occurred. The rank and file of MNS is recharged with Raj’s warning in view of the impending assembly election in the state.
In a significant move, Congress has appointed Subhankar Sarkar as the West Bengal State President, replacing veteran leader Adhir Ranjan Chowdhury. The decision marks a critical tactical shift in Congress’ approach to Bengal politics, signalling a recalibration of its relationship with both the ruling Trinamool Congress and CPI(M). Sarkar is known for his softer stance toward TMC supremo and chief minister Mamata Banerjee in contrast to Adhir Ranjan who was a vocal critic of Didi. The appointment comes amid speculation that Congress is keen on easing tensions with the TMC. The timing of Sarkar’s appointment is significant, particularly for the CPI(M). The party is still reeling from the recent death of its National Secretary, Sitaram Yechury, who played a key role in navigating the delicate relationship between Congress and the Left in Bengal. Yechury had close ties with Congress leader Rahul Gandhi, and his absence leaves a void in the CPI(M)’s ability to engage directly with the Congress high command. A senior CPI(M) leader has remarked that it is a double blow for the party as they lost Yechury, who was instrumental in maintaining dialogue with Congress. Now, with Adhir replaced, it’s clear that the Congress is moving towards a more TMC-friendly stance. Despite the growing concerns within CPI(M) ranks, the party leadership at Alimuddin Street has remained largely silent on the issue. Many believe that the leadership is still assessing the long-term implications of Congress’ strategic shift.
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.