churumuri Profile picture
Aug 23 4 tweets 3 min read
“Vishvapradhan”

Does India’s “most gifted businessman” @gautam_adani have a sense of humour? He has acquired 99.5% of the 29% stake of @ndtv founders Prannoy and Radhika Roy through a subsidiary called “Vishvapradhan”. Hopefully not a portmanteau of Vishwaguru and Pradhan Sevak.
Adani Media Networks Ltd CEO @sanjaypugalia is quoted as saying “AMNL seeks to empower Indian citizens, consumers and those interested in India, with information and knowledge” by acquiring #NDTV.

As a media watcher who reads ‘Manufacturing Consent’ every night, do you think?
“This is a baseless rumour. Radhika and Prannoy Roy are not in discussions, nor have been, with any entity for a change in ownership or a divestment of their stake in NDTV”

@ndtv clarification to BSE. So, has Adani made the open offer after a deal with Mukesh Ambani?
In 2009, @ndtv took a loan from “Vishvapradhan Commercial Private Limited”, an entity associated with the Reliance Group.

In 2022, Adani press release says “Vishvapradhan Commercial Private Limited” is a wholly owned subsidiary of Adani Group.

Have Adani and Ambani done a deal?

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More from @churumuri

Aug 24
🪡 The “hostile” bid by Gautam Adani to take over #NDTV has resulted in shock, sadness, and schadenfreude.

But who offered the channel, the baby of @PrannoyRoyNDTV and his wife Radhika Roy—to Adani behind their backs?

Could it be Mukesh Ambani, who saved it 13 years ago?

Why? Image
2️⃣ The way @timesofindia puts it, @gautam_adani’s acquisition route was simple.

Adani bought the Roys’ stake in @ndtv by buying up Vishvapradhan Commercial Pvt Ltd (VCPL), from two shareholders: Nextwave Televentures and Eminent Networks, for Rs 114 crore.

This gave him 29%. Image
3️⃣ VCPL, Nextwave and Eminent share the same 4th floor address in Gurgaon.

The common director in all three companies with the same director identification number (00548276) is a Anil Kumar Jain.

Is he an Ambani man or a front? Jain sits on more than boards. ImageImageImage
Read 10 tweets
Jul 12
“Uber sought ‘strategic investors’ in foreign media to win government favour’

@JeffBezos-owned ‘Washington Post’ goes where ‘Indian Express’ understandably cannot in its reporting of #UberFiles—7, Lok Kalyan Marg—and the Times Group’s role as navigator.
washingtonpost.com/media/2022/07/…
2️⃣ When Uber was trying to “get Delhi back live” after the Dec 2014 rape ban, an Uber general manager in Asia wrote that “he planned to set up meetings for co-founder Trevor Kalanick “with prime minister @narendramodi and cabinet officials”. @washingtonpost @PMOIndia #UberFiles
3️⃣ Sivakumar Sundaram, the chairman of the executive committee of Bennett Coleman & Co Ltd, denies Times Group facilitated Uber “with any form of political access”.

But the @EconomicTimes editor’s email to Kalanick suggests much.

@washingtonpost @timesofindia #UberFiles
Read 5 tweets
Jul 12
Times Group actively courted Uber after it was banned; urged its founder Travis Kalanick to present his “insights [to] set the agenda for policy formulation” at ET summit, in Jan 2015. Two months later, Uber invested Rs 150 crore in @TimesInternet.

Read: tinyurl.com/yuvyxbup
“Let’s be sensitive to keeping a strong relationship with TOI… if there’s something we can do for them that makes sense, we should do it”

Travis Kalanick wrote to staff the same day he received Times Group overture. #UberFiles @IndianExpress @RTIExpress techcrunch.com/2015/03/22/ube…
5 Dec 2014: Delhi woman raped by driver in Uber car

18 Dec 2014: Uber chief Travis Kalanick is “guest editor” of TOI

31 Dec 2014: @EconomicTimes editor invites him to ET Summit

23 March 2015: @TimesInternet makes “strategic investment” in Uber

Read: tinyurl.com/mryuw4j8
Read 6 tweets
Jul 10
“When nation is being divided, between Hindus and Muslims by forces of political opportunism, and our unity is being destroyed, a powerful voice is needed”

‘Anandabazar Patrika’ marks its 100th anniversary with a reality check from a real icon, Prof Amartya Sen. @MyAnandaBazar Image
2️⃣ Either because ABP did not want to, or because @PMOIndia did not bite, there is no @narendramodi at the centenary fete to bloviate on the role of free media in a democracy.

In craven media houses, Modi is default option despite his advertised contempt for it. @MyAnandaBazar ImageImage
3️⃣ ABP, as ‘Anandabazar Patrika’ is known, was first published as a 4-page eveninger on 12 March 1912 (cover price 2 paise).

It was named after Anandamoyee, the sister of Amritamoyee whose name adorned ‘Amrita Bazar Patrika’.

As it was Holi, the first issue of ABP had red ink. Image
Read 8 tweets
Jul 4
To the question, “When will India’s economy touch the $5-trillion mark?”, there can be only one patriotic answer.

Who gives a fug?

In a society with staggering poverty and hunger, the day Bharat’s worth is 5 followed by 12 zeroes can be a big moment only for bots and bhakts.
2️⃣ Yet, barely a week goes by without some tweetiya looking into the kaleidoscope and spotting the $5 trillion GDP pot.

The original deadline was 2024, when general elections are due next. Like the 5-year plan of yore, it was spelt out in 2019. 👇🏿

Read: tinyurl.com/2sx7zzdv
3️⃣ With sky-high unemployment and inflation, and plunging exports, $5 trillion in 5 years was another ‘jumla’, as a BBC story showed.

Read: tinyurl.com/2af9h3t6

Thankfully, an “Act of God”, the Covid pandemic, provided the perfect cover to shift the goalpost from 2024.
Read 14 tweets
Jun 27
🪡 While upholding the findings of the Special Investigation Team that gave a clean chit to @narendramodi in the #ZakiaJafri case, SC added that SIT had “come out with flying colours”.

Q: When exactly did Modi learn of the massacre on 28 Feb 2002—and how well did SIT quiz him?
2️⃣ In his reply to SIT in 2010, Modi claimed he learnt of the #GulbergSociety massacre only at a meeting that evening, at 8.30 pm.

Really?

While a mob of thousands attacked a Muslim pocket in #Ahmedabad, the CM—who *also* held the home portfolio—was unaware for 5 full hours?
3️⃣ The implausibility of Modi’s defence is brought out by former @IndianExpress and @timesofindia legal affairs editor Manoj Mitta.

In his 2014 book, ‘The Fiction of Fact-Finding: Modi and Godhra’, Mitta reveals how #SIT bought into Modi’s claim with barely any challenge.
Read 18 tweets

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