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
June 19,2020

New Delhi, Jun 19: Petrol price on Friday was hiked by 56 paise per litre and diesel by 63 paise a litre, taking the cumulative increase in rates to Rs 7.11 and Rs 7.67 per litre respectively in less than two weeks.

Petrol price in Delhi was hiked to Rs 78.37 per litre from Rs 77.81, while diesel rates were increased to Rs 77.06 a litre from Rs 76.43, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the 13th daily increase in rates in a row since oil companies on June 7 restarted revising prices in line with costs, after ending an 82-day hiatus in rate revision.

In 13 hikes, petrol price has gone up by Rs 7.11 per litre and diesel by Rs 7.67 a litre.

The freeze in rates was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) instead of passing on the excise duty hikes to customers adjusted them against the fall in the retail rates that was warranted because of fall in international oil prices to two decade low.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

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Agencies
January 15,2020

Mumbai, Jan 15: The Reserve Bank of India (RBI) on Wednesday redistributed portfolios of Deputy Governors following the appointment of Michael Debabrata Patra to the post.

An official release said that NS Vishwanathan will handle co-ordination, Department of Regulation (DOR), Department of Communication (DoC), Enforcement Department, Inspection Department (ID), Risk Monitoring Department (RMD), and Secretary's Department.

BP Kanungo will look after Department of Currency Management (DCM), Department of External Investments and Operations (DEIO), Department of Government and Bank Accounts (DGBA), Department of Information Technology (DIT), Department of Payment and Settlement Systems (DPSS), Deposit Insurance and Credit Guarantee Corporation (DICGC), Foreign Exchange Department (FED), Internal Debt Management Department (IDMD), Legal Department (LD) and Right to Information (RIA) Division.

The release said that MK Jain will handle the Department of Supervision (DOS), Consumer Education and Protection Department (CEPD), Financial Inclusion and Development Department (FIDD), Human Resource Management Department (HRMD), HR Operations Unit (HR-OU), Premises Department (PD), Central Security Cell (CSC), and Rajbhasha Department.

Patra will look after the Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department including Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics & Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

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May 18,2020

New Delhi, May 18: Very severe cyclonic storm ‘Amphan’, over central parts of South Bay of Bengal, has intensified into extremely severe cyclonic storm, the India Meteorological Department (IMD) said on Monday. The weather department has warned that ‘Amphan’ may turn into a “super cyclonic storm’.

According to experts, North Odisha coast will face the maximum impact of cyclone Amphan when it makes landfall.

“Wind speed expected to be 110-120 kmph, gusting up to 130 kmph. Balasore, Bhadrak, Jajpur, Mayurbhanj dist can be affected on 20 May (when it makes landfall), IMD Bhubaneswar scientist Umashankar Das told news agency ANI.

The IMD has said that ‘Amphan’ will cross West Bengal - Bangladesh coasts between Digha (WB) and Hatiya island - in the afternoon/evening of May 20 as very severe cyclonic storm.

Earlier, the IMD had warned that ‘Amphan’, over central parts of South Bay of Bengal, will intensify into an extremely severe cyclonic storm on Monday.

“Very Severe Cyclonic Storm (VSCS) ‘AMPHAN’ over central parts of South Bay of Bengal near latitude 12.5°N and longitude 86.4°E, about 870 km nearly south of Paradip (Odisha). To intensify further into an Extremely Severe Cyclonic Storm (ESCS) in the next six hours,” the IMD said in a tweet on Monday.

National Disaster Response Force (NDRF) has sent its 10 teams to Odisha and seven teams to West Bengal in view of the approaching Cyclone Amphan, news agency reported.

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