G. Kasturi, moderniser of The Hindu, passes away

[email protected] (The Hindu)
September 21, 2012
G._KasturiChennai, September 21: We record with profound regret and grief the passing of G. Kasturi, former Editor of The Hindu and former Managing Director of Kasturi and Sons Limited, the proprietors of The Hindu Group publications. He presided over, and led from the front, the newspaper’s rapid expansion and innovative modernisation and growth on the editorial-technology-logistics fronts through the 1960s and on to the cusp of the 1990s.

The end came peacefully at 2 a.m. on Friday, September 21, at his home on Kasturi Ranga Road here. Alert and active till almost the very end, he was surrounded by loved ones. He was 87.

He is survived by his wife Kamala Kasturi, sons K. Balaji and K. Venugopal, daughter Lakshmi Srinath, five granddaughters and two great grandchildren. Mr. Balaji, Mr. Venugopal and Ms. Srinath, are whole-time Directors of Kasturi and Sons Limited.

The news was received with a sense of disbelief and anguish at The Hindu’s offices in Chennai as well as in other centres.

Son of Kasturi Gopalan, who was the second of S. Kasturiranga Iyengar’s two sons, Mr. Kasturi was Editor of The Hindu from September 1965 to January 1991 — for more than 25 years. It was the longest tenure for an Editor of the newspaper, which, as on September 20, 2012, is 134 years old. (Kasturi Srinivasan was the Editor from 1934 to 1959).

Born on December 17, 1924, he had his school and college education in Madras. After acquiring an M.A. degree from Madras University creditably, he joined the organisation in 1944. In 1959, he was designated Joint Editor.

The Hindu was his life, says N. Ram

In a tribute, N. Ram, former Editor-in-Chief of The Hindu and other group publications and Director of Kasturi & Sons Limited, said:

“My uncle, Shri G. Kasturi was a major figure in the post-independence history of Indian journalism and the newspaper industry. Along with his uncle, Shri Kasturi Srinivasan, under whom he trained as a newspaperman, he was the longest serving Editor of The Hindu. Earlier and more clearly and determinedly than most of his media contemporaries and fellow Editors, he saw the need for the newspaper industry and journalism to embrace new and state-of-the-art technology and adapt it to our conditions while preserving the core values of journalism. Many a leap in newspaper technology – offset printing, facsimile transmission of whole newspaper pages, photocomposition, full-page pagination, colour scanning – found its first Indian champion in my uncle, who was always hands-on, side by side with the technical experts. He was enthusiastic about internet journalism and digital technology and almost till the end was regularly on his iMac working on page design and photographs and savouring the best of international newspaper websites. He believed that Indian newspapers had to raise their game in terms of production values and must not take their readers for granted. Significantly, he lived to see the 134th anniversary of the founding of The Hindu on September 20 and passed away a couple of hours into September 21. The Hindu was his life.”


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News Network
January 29,2020

Aurangabad, Jan 29: Accusing Prime Minister Narendra Modi and Union Home Minister Amit Shah of creating a conflict between Hindu and Muslim communities in the country, former JNU student leader Kanhaiya Kumar has said the Citizenship (Amendment) Act (CAA) was adding fuel to the fire.

He was speaking at a rally held on Tuesday at Pathri in Parbhani district of Maharashtra against the CAA and the National Register of Citizens (NRC). It was organised by NCP MLC Abdullah Durrani.

"Modi and Shah used to create conflicts between Hindus and Muslims during the Gujarat elections. Now they are adopting the same strategy in the country," Kumar alleged.

Citizens should keep the religious conflicts aside and question the present government about unemployment and the poor state of the economy, he said.

"Through the CAA, the government is adding fuel to the fire, which is already raging in the country," he alleged.

When anyone questions the government about the problems existing in the country, it in turn asks him about his citizenship, the former JNUSU leader alleged.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
February 19,2020

Feb 19: Pay increases across India’s organized sector will probably grow at the slowest pace since 2009 this year, according to a survey from Aon Plc.

Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon said in a report published Tuesday. The small increase reflects a deep slowdown in Asia’s third-largest economy, where growing pessimism about job prospects have led many to cut down on consumption -- the main driver to growth.

India still leads the Asia-Pacific region in pay rises, but that is mainly due to higher inflation and a “war for key talent and niche skills,” Aon said.

“There is a general air of caution about the economy as we enter into 2020,” Tzeitel Fernandes, partner for rewards solutions at Aon, told reporters in New Delhi. “Low GDP projection and weak consumer sentiment are the reasons behind our lowest ever prediction.”

E-commerce companies and start-ups will probably get the biggest salary increases, projected at an above-average 10%, while financial institutions will hand out 8.5%. Unsurprisingly, the auto sector witnessed the biggest drop in growth -- down to 8.3% from 10.1% in 2018, according to Aon. The survey covered more than 1,000 companies across over 20 industries.

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