According to what I'm hearing, there was a meeting of HT top brass at the Oberoi in Delhi yesterday, where Mrs Bhartiya, despite not keeping too well (the details, the details!) attended, and supposedly (I say supposedly because while the news has been confirmed by six different sources, you never know!) the American Import has been asked to go. From what I have heard this is because of HT's sharply declining numbers against a much-stronger ToI in the capital and the stagnation of the paper in Mumbai, even against an effectively headless DNA (The attenmpts by the Aggarwal family to find an editor is now reaching epic proportions!). Anyway, this does not come as a major surprise to me and to some readers of the blog, and this has been coming for a while. However, HT's sudden decision should get some of the other American Imports, particularly at Papermint scared! Long live the desi!
Anyway, the second part of the story gets even more interesting. According to a couple of commenters on this post, this actually happened a few days ago. Shekhar Gupta has been ousted from the Indian Express after that papers dismal recent performance - both financially and in the readership surveys. Of course, this ties in well with the above story because guess where he goes - EchTee! I don't know whether this will work at KG Marg, but I will say this much, given ToI's rampant expansion something needed to be done. Of course, promoting half of your staff to Associate Editors doesn't do the trick too well!
And guess who comes back to the Express according to the story! The one and only Arun Shourie. I don't know quite what to think, but this is a great positive for the Indian Express, and more importantly it seems that some new cash is also being pitched in, maybe the paper will be able to pay people something slightly more reasonable.
Anyway, yesterday's post was removed due to a request from a friend, and a potential delay in the subject matter of that post, it will be up again soon, and continue to believe that it is a good move. As for EchTee, I hope that paper can pick itself up!