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 1,2020

New Delhi, Jun 1: India's COVID-19 tally on Monday witnessed its highest-ever spike of 8,392 cases, while 230 more deaths related to the infection were also reported in the last 24 hours, according to the Union Ministry of Health and Family Welfare (MoHFW).

The total number of coronavirus cases in the country now stands at 1,90,535 including 93,322 active cases, 91,819 cured/discharged/migrated and 5,394 deaths.

COVID-19 cases in Maharashtra continue to soar with the number reaching 67,655. Tamil Nadu's coronavirus count stands at 22,333 while cases in Delhi the number has reached 19,844

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News Network
July 16,2020

New Delhi, Jul 16: India's pharmaceutical industry will be able to produce Covid-19 vaccines not just for the country but also for the entire world, according to Microsoft co-founder and philanthropist Bill Gates.

A lot of "very important things have been done" in India and its pharma industry is doing work "to help make the coronavirus vaccine building on other great capacities that they have used for other diseases", said the Co-Chair and Trustee of Bill and Melinda Gates Foundation.

Speaking in a documentary -- Covid-19: India's War Against The Virus -- to be premiered on Discovery Plus this (Thursday) evening, Gates said India also faces a huge challenge due to the health crisis because of its gigantic size and urban centres with a lot of population density.

Commenting on the strength of India's pharma industry, he said, "India has a lot of capacity there -- with the drug and vaccine companies that are huge suppliers to the entire world. You know, more vaccines are made in India than anywhere-- starting with Serum Institute, that's the largest."

He further said, "But (there are) also Bio E, Bharat (Biotech), many others. They are doing work to help make the coronavirus vaccine, building on other great capacities that they have used for other diseases."

Stating that India joined Coalition for Epidemic Preparedness Innovations (CEPI), which is a group working on a global basis to build vaccines platforms, Gates said, "I am excited that the pharmaceutical industry there will be able to produce not just for India but also for the entire world. (This is) What we need to reduce the deaths and make sure we are immune, which is how we end the epidemic."

Gates said Bill and Melinda Gates Foundation is also a "partner with the government, particularly with the department of biotechnology, the Indian Council of Medical Research (ICMR) and the office of the principal scientific advisor provide advice and help about getting these tools going".

Commenting on the deadly virus breaching India's borders in the documentary which was shot extensively during the period of lockdown, he said, "India is still at the beginning of this, but there's a lot of very important things have been done.

“It's a huge challenge with India because you've got a gigantic country. You've got your urban centers with a lot of density-- and so that-- drives the spread. You have people moving around."

He, however, added: "Yet people are stepping up... Looking at how we reduce the spread while trying not to reduce food availability, equipment that people need."

Highlighting Gates foundation's role, he said it has "worked for the Indian government on health issues like introducing new vaccines over the last decade; and so when Covid-19 came along, we stepped in and said you know where are the gaps, we have been funding work on detection and isolation.

“We have been particularly active in UP and Bihar where we have done health delivery in the past."

The foundation is also working with the department of personnel and training to take their online training platforms and "are now using that guidance to help their frontline health workers", Gates said. 

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News Network
March 23,2020

Bengaluru, Mar 23: Indian stocks plunged over 9% on Monday, as the rapidly spreading coronavirus pandemic sent major states including the country's capital into a lockdown amid increasing fears that outbreak could bring world economies to a grinding halt.

The NSE Nifty 50 index slipped 9.17% to 7,937.75 by 0408 GMT, while the S&P BSE Sensex was 9.42% lower at 27,093.24.

Over the weekend in India, the virus drove several companies to shut operations and the government sent states into lockdowns, bringing normal life to a grinding halt.

"Panic has gone up domestically because of the lockdown situation," said Vinod Nair, head of research at Geojit Financial Services.

"There is fear that the situation will not be brought under control soon."

The rupee hit a fresh record low of 76.05 against the dollar, as a flight into cash and worries about tightening liquidity boosted demand for the world's reserve currency.

Meanwhile, global markets crumbled, with MSCI's broadest index of Asia-Pacific shares outside Japan sliding nearly 4% as the global death toll climbed to over 14,000, further battering economic activity, and raising fears of a global recession.

After market hours on Friday, the Securities and Exchange Board of India halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares to curb "abnormally high" volatility amid the pandemic.

In domestic trading, the Nifty PSU Bank Index plunged 8%, while the Nifty bank index crashed nearly 10%.

The Nifty Auto Index slid 9% after several carmakers over the weekend suspended production due to the virus.

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