Posts Tagged ‘Kalli Purie’

Good news: ‘Media sector is a sunrise sector’

19 May 2012

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 the deal may have been worth Rs 35o crore).

The stake sale brings one of India’s biggest corporate houses, the Aditya Birla group, into mainstream magazine and television space (the K.K. Birla group owns the newspaper Hindustan Times); sets up a clash of telecom titans for the 4G space (Mukesh Ambani‘s Reliance Industries has bought into the TV18 network); and raises questions over growing corporate ownership of the media.

Below is the internal note shot off by Ashish Bagga, the group CEO of the India Today group, at 9.10 pm on Friday, 18 May 2012:

***

Dear All

I am pleased to inform you of a significant development for the INDIA TODAY group.

Just this afternoon, the $35-billion Indian multi-national, ADITYA BIRLA GROUP (ABG) and your company, which is India’s most respected and diversified media corporation, have come to an agreement for a 27.5% financial investment by a private investment company of the Aditya Birla Group in our holding company, Living Media India Ltd.

Commenting on the investment, Kumar Mangalam Birla, Chairman, Aditya Birla group said: “The Indian media sector is a sunrise sector from our investment point of view. I believe that the India Today group offers one of the best opportunities of growth and value creation. ITG’s management ethos, values, brands, product portfolio and future plans offer one of the best opportunities for growth and value creation.”

Aroon Purie, our chairman said, “I am delighted to partner with the Aditya Birla Group to aggressively address the current and future potential of the Indian media business which is at a tipping point. The Aditya Birla group with its strong leadership, global footprint, diversified business interests and its shared values of integrity, commitment and social responsibility make it a perfect fit with the India Today group.”

By virtue of this development, your company will embark on a high growth and expansion strategy across all its existing and new businesses.

I look forward to a successful and trail-blazing future.

Ashish Bagga, group CEO

Image: courtesy Mail Today

Power of press belongs to those who own one!

16 January 2012

It’s raining daughters in the Delhi papers—daughters of media barons, that is.

Mail Today has devoted at least four full tabloid pages over the past month to herald the launch of India Today founder Aroon Purie‘s daughter Kalli Purie‘s book on weight loss.

Today’s Times of India has a large story on the city pages announcing the exhibition of bossman Samir Jain‘s daughter Trishla Jain‘s new art exhibition at their famous 4, Tilak Marg residence.

In one of its power lists, India Today had mentioned Stanford-educated Trishla’s reported reluctance to return to India as one of Samir Jain’s biggest disappointments.

Also read: The name is Gajwani, Satyan Suresh Gajwani

What Raghav Bahl can learn from Samir Jain

Aroon Purie’s daughter Kalli has a story to tell

17 December 2011

PhotoShop™ is a crucial piece of software in the laptops of Indian celebrities—and Botox™ a vital vial in their make-up kit—especially when they have to deal with a newspaper or magazine profile. And brave is the bold-faced name that appears in print with neither weapon having been deftly employed to perform its optical illusions.

India Today founder Aroon Purie‘s elder daughter Kalli Purie shows she is one.

Chief creative officer Kalli, who is in charge of the digital side of the magazine group’s operations and is widely expected to take over the mantle sooner than later, has recounted her “story of weight lost and a life gained” in Confessions of a Serial Dieter, published by the India Today imprint HarperCollins.

And this week’s issue of the weekly newsmagazine carries a spunky three-page excerpt of the Oxford mom-of-two’s journey from “fat to fabulous”; from an “ugly duckling” of 103 kg (in picture, left) to a “beautiful swan” of 59 kg (right) in three years flat (all adjectives courtesy the author).

An accompanying infographic tracks the “fatline” of the pioneering publisher’s daughter at various stages of her life:

Age 4: weight 32 kg, jam toast diet

Age 16: 63 kg, garbage soup diet

Age 24: 59 kg, coconut water diet

Age 35: 103 kg, the panjari ladoo diet

Age 38: weight 59 kg, the champagne diet

Kalli details the 46 diets that made her lose 45 kg, to slip from a size 18 to a size 8, and explains the role love played as an antidote: “Love is a super motivator. I stuck to a (weight-loss) programme because I had a deadline, a loveline.”

Eventually, though, she lays it all at the door of a sparkling white liquid.

My brother-in-law is French. He drinks champagne like the English drink tea. Anytime, anywhere. He would come for tea to the house it would be the standard chai-samosa-jalebi affair. When I asked what he would like to drink he would look uncomfortable for a moment, look at my sister (Koel Purie) for reassurance and when she sighed with resignation, he would say ‘Champagne, please!’ At four in the afternoon!

“For as long as I can remember, our traditional Sunday family lunch has been chicken biryani and parantha, a menu handed down over generations. There have been many aberrations but since the inclusion of a Frenchman in the family, champagne has become an essential addition to the Sunday routine. It is now a family tradition. As a result I have become a champagneholic. And that is the origin of this diet.”

End result: today people often ask Kalli, ‘Hey, where did you leave the rest of you?’

Images: courtesy India Today

Buy the book: Confessions of a Serial Dieter

Watcha video of the book launch: Kalli Purie

Also read: Aroon Purie: Indian papers are in a time warp

‘Rule no.1 of journalism: there are no gods’

An Aroon Purie tribute worthy of emulation

Why Aroon Purie elevated Prabhu Chawla

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