Posts Tagged ‘T. Venkattram Reddy’

Is a bank not allowed to change its newspaper?

31 January 2010

PRESS RELEASE: “T. Venkattram Reddy, president, the Indian Newspaper Society (INS), strongly condemns the direction issued vide a circular dated 15 December 2009  by the deputy general manager (P&E) of the Kerala State Co-operative Bank Limited, Kerala, to all senior managers of the bank directing the branch offices of the bank to stop subscription of the Malayalam daily being subscribed and make available Deshabhimani daily, a Malayalam daily published by a major political party, which is in power in Kerala, at their offices.

“This is in gross violation of the spirit of the constitutional provisions and a direct threat to the freedom of the press.   It is clearly a restriction imposed by a government bank to curtail circulation and tantamount to promoting and marketing of a newspaper published by a political party in power.

“Freedom of the press cannot be curtailed by   administrative guidance or instructions, which clearly lack the sanction of law.”

26% of India’s most powerful are media barons

6 March 2009

The latest issue of India Today magazine carries the annual ranking of the 50 most powerful people in the country, and 13 media worthies find a mention.

All but two of them have shown an improvement over last year’s ranking. Remarkably, only one major English newspaper group is on the list.

The brothers Samir and Vineet Jain who run The Times of India group, come in at No.8 (up one place from No. 9 last year); Raghav Bahl of Network 18 is at 15 (up from No.18); Ronnie Screwvala of UTV is at No. 20 (up from No. 24); Subhash Chandra of Zee Network is at No. 22 (up from No. 20); Kalanidhi and Dayanidhi Maran of Sun Networkare at No. 24 (up from No. 31); Ramesh and Sudhir Agarwal of Dainik Bhaskar are at No. 35 (up from No. 37);  uncle and nephew Mahendra Mohan and Sanjay Gupta are at No. 39 (up from No. 45); Rajeev Chandrashekhar of Asianet and Suvarna is at No 46 (up from No. 50).

The only media barons whose stock has gone down are Prannoy and Radhika Roy of NDTV who are at No. 42, down 20 places from No. 22 last year.

Missing from last year’s list is T. Venkattram Reddy of Deccan Chronicle and Asian Age.

As always, though, the masala is in the fineprint.

Indu Jain, we are told, no longer visits office. Samir’s daughter Trishala‘s soon-to-be-husband is already ensconced on the fourth floor of Times House in Delhi. Raghav Bahl watches Balika Vadhu. Screwvala has moved into a home in Breach Candy in Bombay that he and his wife Zarina Khote worked on for five years. Subhash Chandra practises Vipassana for 45 minutes every day. Kalanidhi’s “centre of gravity” is his daughter Kaviya. Rajeev Chandrasekhar has Ferraris, BMWs and India’s largest collection of Land Rovers in his fleet, although his favourite is a red Lamborghini.

Also read: The 11 habits of India’s most powerful media pros

Forbes can name India’s second richest woman

Is this man the next media mogul of India?

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