Tag: K Balaji

  • Don’t be complacent: N Ram’s goodbye letter

    By Tuhina Anand

     

    On his last day as the Editor-in-Chief and Publisher of The Hindu, Business Line, Frontline, and Sportstar, N Ram bid his colleagues farewell and exhorted them to seize the opportunities of the media world and face the challenges of the tough business environment the media faces today.

     

    Mr Ram’s mail states that Siddharth Varadarajan, D Sampathkumar, R Vijayasankar, and Nirmal Shekhar, all Editors, will take over, with effect from January 19, 2012, as Editors of The Hindu, Business Line, Frontline, and Sportstar respectively responsible for the selection of news under the Press and Registration of Books (PRB) Act of 1867.

     

    K. Balaji, Managing Director of Kasturi & Sons Ltd, takes over as Publisher of all Hindu Group publications and also as Printer as applicable. Ram informs that he will continue to be a wholetime Director of Kasturi & Sons Ltd.

     

    He states in the letter- “These changes on the editorial side are significant, indeed milestones in our progress as a newspaper-publishing company. On the one hand, they represent a conscious and well-prepared induction of fresh and younger blood at the top levels of our editorial operations, not of course as one-person shows but as captains of teams of talented professionals who work on the basis of collegiality, mutual respect, trust, professional discipline, and cooperation. On the other hand, these editorial changes are a vital part of the process of professionalization and contemporization under way in all the Company’s operations. I am clear that this is the only way to face the future – the opportunities as well as the challenges.”

     

    In the letter he also mentions, “About us it will certainly be no cliché to say: individuals come and go, the institution goes on.”

     

    He talks about the current situation of print press and broadcast television being in crisis across the developed world. He mentions Indian media being fortunate, “The chief differentiating characteristic of this media world is that printed newspapers (and also broadcast television) are in growth mode, some of us in buoyant growth mode. How long this duality will endure is a matter of conjecture. But there are exciting opportunities out there in our media world and they must be seized strategically and with deft footwork. Digital journalism – good journalism on the existing and emerging digital platforms – is an exciting domain where a combination of quality, reliability, interactivity, creative ways to engage the reader, and growth with commercial viability will be key. There are, equally, tough challenges – especially a hardening business environment and rising commercial pressure on editorial values and on the independence and integrity of editorial content, seen, for example, in the recently exposed notorious practices of paid news and private treaties. The negative tendencies that have surfaced in the Indian news media have been sharply criticized by the Press Council of India Chairman, Justice Markandey Katju; and Nobel Laureate Amartya Sen has reflected on the problem in a rather different way. The last thing we need is complacency.”

     

    “In my understanding, the two central functions of a trustworthy and relevant press (and news media) are (a) the credible-informational and (b) the critical-investigative-adversarial. A third is the pastime function, which is important, especially for engaging the reader in a wholesome way; but it must be constantly kept in perspective and proportion and must not, in my view, be allowed to outweigh, not to mention squash, the two central functions.”

     

    He concludes by thanking people he has interacted during his tenure and assures that after completion of the process of editorial succession, The Hindu publications will be in able and trustworthy hands and their values as strong as ever.

     

  • Hindu on expansion (and consolidation) mode

    By Tuhina Anand

     

    The Hindu Group seems to be in the midst of activity with plans of new launches, expanding footprint and getting new people on board. There has also been talks of  The Hindu shutting its printing press in Delhi to rationalise its operational costs. K Balaji, Managing Director, Kasturi and Sons Limited talks to MxMIndia exclusively and shares details on company’s growth plan.

     

    Talking about The Hindu beyond the Tamil Nadu market, Mr Balaji said, “We have traditionally been strong in Kerala and Andhra Pradesh with the possible exception of Hyderabad. We are the No.1 English Daily in these markets. In Kerala we have editions out of Trivandrum and Kochi. We are strengthening our presence by adding Kozhikode early next year. Although Kerala is dominated by Malayalam dailies, we are seeing a trend in English language aspiration. People want to learn the language for personal and professional reasons. This we feel will grow the English readership in that state. We are well poised to nurture that market.”

     

    He added, “Andhra Pradesh in general is turning out to be an English readership aspirational market, and we feel with our core strengths we are growing at a good rate. We do have plans to supplement these markets with growth in Bangalore and Hyderabad, which will further consolidate our position as the largest read English newspaper inSouth India.”

     

    It is learnt that The Hindu in all probability is looking at its Kozhikode launch on January 14, 2012. It is also learnt that Smart Buy (The Hindu BusinessLine supplement) with focus on metro is expanding its footprint. Talking about Smart Buy, Mr Balaji said, “This product was launched three years back and the response for it has been encouraging and we plan to take it to the next set of cities in the south such as Coimbatore.” It is learnt that the Coimbatore entry for Smart Buy is slated for December 14, 2011.

     

    It is also leant that The Hindu is roping in a Vice President for its circulation, a post which has been vacant for a while. Though details on the new appointment could not be obtained, Mr Balaji, responded, “This is part of the strategy to strengthen the senior management team to take the organization to the next level of growth.”

     

    On the rumours to shut the production facility in Delhi, he said, “We are not shutting down our Delhi Edition. Our production facility at Delhi has been catering to the entire Northern India. A growing circulation and capacity constraint meant that the paper was reaching late in several markets. Earlier this year, we entered into a strategic alliance with Hindustan Times and as part of the tie up we are utilizing their printing facilities in the north to the service to our readers. We have already started our printing from Mohali, Allahabad and Noida, and expect to add Lucknow to the list.”

     

    “Yes, we have charted a growth plan to consolidate existing markets as well as tap into new markets for both The Hindu and Businessline. It is too early to comment on our plans for growth,” concluded Mr Balaji.