Yesterday during lunch I got the first of several SMSes alerting me that Jaideep Bose a.k.a Jojo, Executive Editor, Times of India is leaving for greener pastures - the reports are still conflicting some say to Star to launch Star's new newspaper/English news channel, others said he was moving to launch Raghav Behl's new business newspaper which has a tie-up with The Financial Times. Mint is jumping the gun and even writing a story about this tomorrow where Jojo has supposedly 'not denied' the rumours. Alongside that several other top ToI editors are rumoured to be quitting and joining 'other' (strangely un-named) places.
I may be wrong here, but I would go out on a limb and say that Sameer Jain is not in any danger of losing his top editorial staff. I am not sure that this is a 'posturing' game to increase salaries dramatically, but after all these folks have spent the greater part of the last three months trying to put together the Chennai product, and a decent product at that, I am not so sure they would leave. I mean there is something to be said about leaving 'on a high', but I have this suspicion that there is unfinished business to be finished at the Times.
As I said, I may be very wrong, but many of the people spreading the rumours have gotten it wrong several times before, but I am not at all sure about this. Be assured that you will hear more soon.