Daily Archives: 19 May 2012

Good news: ‘Media sector is a sunrise sector’

What was bazaar speculation for quite a while is now a matter of record. Aroon Purie, the bossman of the India Today group, has divested over a quarter of his holding in Living Media India Limited, in favour of one of India’s richest men, Kumar Mangalam Birla for an undisclosed sum (Business Standard reports that…

What they said when Shankar shut his Weekly

The capitulation of the Congress-led government at the Centre in the Ambedkar cartoon controversy was welcomed with the thumping of desks by parliamentarians who seemed to have little appreciation of the legendary Shankar‘s work and even less of what its inclusion in a school textbook meant. From Congress president Sonia Gandhi (whose mother-in-law Indira Gandhi…