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
May 22,2020

New Delhi, May 22: Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.

In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020.

Accordingly, the repayment schedule and all subsequent due dates, as also the tenor for such loans, were shifted across the board by three months.

As a result of this moratorium, individuals’ EMI repayments of loans taken were not deducted from their bank accounts, providing much-needed liquidity.

The EMI payments will restart only once the moratorium time period expires on August 31.

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News Network
May 2,2020

New Delhi, May 2: With 2,293 new cases in the last 24 hours, the highest number of cases in a single day, India's COVID-19 tally reached 37,336 on Saturday, including 1,218 deaths, according to the Ministry of Health and Family Welfare.
As many as 71 deaths were reported in the last 24 hours.

Out of the total number, 9,951 people have been cured/discharged/migrated.

In the state of Maharashtra, the number of coronavirus positive cases has crossed the 10,000-mark with at least 485 deaths.

The positive cases in Maharashtra has reached 11,506, including 1,879 discharged cases.

After Maharashtra, Gujarat has the most number of COVID-19 cases (4,721). The state has reported 236 deaths, while 735 people have been discharged.

The Centre on Friday extended the ongoing nationwide lockdown for two more weeks with effect from May 4 till May 17 while allowing different sets of relaxations in red, orange and green zones.

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Agencies
January 4,2020

New Delhi, Jan 4: In more troubles for the former Finance Minister and senior Congress leader P Chidambaram, the Enforcement Directorate (ED) on Friday questioned him for over six hours in its probe into the Air India aircraft deal case, first time since his release from Tihar jail almost a month ago.

A senior ED official told IANS, "We questioned Chidambaram for over six hours today in the ongoing probe into the Air India deal with Airbus."

According to financial probe agency officials, Air India had planned to buy over 111 aircraft from Airbus and Boeing during the erstwhile United Progressive Alliance (UPA) government in 2009. This is the first time the ED has questioned the senior Congress leader in the Air India deal case.

The questioning of Chidambaram came for the first time since his release from the Tihar jail where he spent 106 days in connection with the INX Media money laundering case. He was released from Tihar on December 4 last year after he was granted bail by the Supreme Court. The former finance minister is also being investigated by the ED in a separate money-laundering cases of Aircel-Maxis deal.

An ED official said the contract to buy 43 aircraft from Airbus was finalised by a panel of ministers headed by Chidambaram in 2009. According to the ED, when the proposal to buy 43 aircraft from Airbus was sent to the Cabinet Committee on Security (CCS), there was a condition that the aircraft manufacturer would have to build training facilities and MRO (Maintenance, Repair and Overhaul) centres at a cost of Rs 70,000 crore. But later, when the purchase order was placed, the clause was removed.

The name of another UPA minister, Praful Patel, had also come up in the alleged scam in a charge sheet filed by the ED against corporate lobbyist Deepak Talwar on March 30 last year. Talwar was arrested last year by the ED after he was deported from the UAE.

The ED is probing the Air India-Indian Airlines merger; purchase of 111 aircraft from Boeing and Airbus at Rs 70,000 crore; ceding profitable routes and schedules to private airlines, and opening of training institutes with foreign investment.

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