Citizens' Issues
T.N. Ninan to get Mumbai Press Club's lifetime achievement award
Mumbai : Veteran journalist T.N. Ninan, the chairman and editorial director of the Business Standard Group, has been selected for this year's RedInk Award for Lifetime Achievement in Journalism by the Mumbai Press Club, it was announced on Friday.
 
The coveted RedInk Journalist of The Year shall be given to NDTV India's senior executive editor Ravish Kumar.
 
The awards, part of the RedInk Awards for Excellence in Journalism, will be presented at a function here on April 26 to be attended by Maharashtra Governor C.V. Rao and union Power and Coal Minister Piyush Goyal.
 
Ninan has been recognised for his "extensive contribution to business journalism through good editorial leadership" he provided over the years to a host of publications.
 
"In the face of challenging business conditions, he managed to revive and stabilize the Business Standard Group as an institution with high editorial standards," said a Press Club statement.
 
Kumar has been recognized for his "consistent and down to earth reporting on politics and issues that concern the common man", it added.
 
Besides these two flagship awards, the RedInk Awards for Excellence in Journalism will be given away in 10 other categories for meritorious work in print, television and digital formats including politics, crime, health, business, environment, human rights, science and innovations, entertainment and lifestyle, sports and photography.
 
This year's award jury for various categories comprised former Bombay High Court judge, Justice B. N. Srikrishna, SBI chairperson Arundhati Bhattacharya, and journalists Sudheendra Kulkarni, Shobha De and Harsha Bhogle.
 
This year the theme was 'To Rise Above It All' for which around 1,500 entries and nominations were received, nearly double of 2015.
 
Some of the past recipients of the RedInk lifetime honours include the late Vinod Mehta, Kuldip Nayar, N. Ram, Mrinal Pande and Prannoy Roy.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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MSRDC spends Rs119 crore on maintenance, while MEP collects toll
Over the past 17 years, MSRDC spent money on maintenance of 31 flyovers in and around Mumbai. However, since 2010-11, MEP Infrastructure is collecting toll at five Mumbai entry points and thus should have done the maintenance, says an RTI activist
 
The Maharashtra State Road Development Corp (MSRDC) has spent Rs119.44 crore on maintaining 31 flyovers, which was the responsibility of private toll collecting agency, reveals a reply received under the Right to Information (RTI) Act.
 
As per the information received by RTI activist Anil Galgali, in the past 17 years, MSRDC has spent Rs119.44 crore on maintenance of the roads and flyovers. However, since 2010-11, MEP Infrastructure Pvt Ltd was awarded the toll collection contract for just Rs2,242.35 crore and thus the responsibility for maintenance rest with this private contractor, Galgali says.
 
Till, 2010-11, the MSRDC itself was collecting toll from five entry points in Mumbai. During FY1999-2000, it collected Rs28.35 crore, FY2000-01 Rs56.57 crore, FY2001-02 Rs65.12 crore, FY2002-03 Rs476.84 crore and so on. The year before the contract was allotted to MEP Infrastructure, the state-run Corporation earned Rs231.39 crore from toll in FY2009-10, the RTI reply reveals.
 
The MSRDC has spent Rs1,058.34 crore for building 31 flyovers in and around Mumbai.
 
However, Galgali, says, he did not get any information on toll collected over the past five years from the five entry points in Mumbai since MEP took over the job. "There are many flyovers, which were constructed prior to 2000 at the cost of the state exchequer, for which too toll is being collected. In addition, private entities like MEP Infrastructure are being given opportunities to earn huge profits, which is very surprising. At one end, the state government is talking of closing down all the toll booths, but there is no proposal to close these five toll nakas as specified by the MSRDC," he said.
 
Last year, following directions from the Maharashtra State Chief Information Commissioner (SCIC), nearly 10,000 pages have been uploaded on the websites of Public Works Department (PWD) and MSRDC comprising toll contracts, as well as, toll collections of 16 projects of MSRDC and 42 projects of PWD. Strangely, the toll collection of Pune-Mumbai Expressway and five Mumbai entry points were not uploaded.
 
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Report of stake sale to Uber false and malicious: Ola
Bengaluru : App-based taxi service provider Ola on Friday termed "false" and "malicious" a media report claiming that certain of their investors are planning to sell their stake to rival Uber, and
 
"ANI Technologies Private Limited, promoters of Ola, categorically denies the contents of a news article published by a Mumbai-based newspaper and its website, mentioning that certain investors in Ola plan to sell their stake to Uber," said Ola in a statement.
 
The cab aggregator said the news report attributed to an unnamed source is completely false, misleading, malicious and planted with an intention to harm the Ola brand.
 
"We are shocked and dismayed at the lack of journalistic ethics in carrying the story, despite our repeated denial to the reporter and the publication's editorial representatives," it said, adding the the report was published despite assurances it would not be carried by the newspaper as the company denied the speculation.
 
"We will initiate appropriate legal action and seek redressal and compensation for the damage caused to us by this irresponsible reporting from the newspaper," it said.
 
It quoted Matrix Partners India MD Avnish Bajaj, who is one of its earliest investors, as saying that no stake sale discussions happened with Uber.
 
"No such discussions have taken place and even if we are approached anytime in the future, we have no intentions of selling to Uber. We believe we are pulling away and continue to gain market share over Uber in India," he said in the statement.
 
According to Bajaj, just one category of Ola's services, Ola Micro, is on road to becoming larger than entire Uber operations in India.
 
"We also hear this from employees who are leaving Uber for various jobs including wanting to work with Ola or other companies," he said, claiming Uber is frantically reacting to Ola's growth by resorting to front page advertisements, dramatic fare cuts and rapid knee jerk changes in its service categories.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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