I can possibly speculate on a couple of contenders (a lot of speculation surrounds NewsX) - but I find Rajeev Chandrashekhar's move a bit peculiar. There was buzz when Uncle M came down that there might be a tie-up, but entering the news media space today seems a bit silly. I'm sure once advertising budgets start getting 're-aligned' starting 2009, things will just get worse. Anyway, just a couple of paise late in the afternoon. Or evening. You can't really tell given Delhi's abysmal air quality.
As usual, your comments are welcome, but try to avoid the personal promotion comments with a hyperlink added on. I should really switch platforms from Blogger soon. But that is a longer term project...
PS: Should GM be saved? I mean we will still get re-badged Daewoo cars, but the Corvette should not pass into history. Jim Cramer thinks they have to be saved beacuse not saving GM will tip the world into a Great Depression. But really running ads with elephants (and Saif Ali Khan) won't help them in India and personally I think that Obama won't really care too much about Indian operations, so I wouldn't buy anything GM right now.
And why did Baba Gandhi's trip back to college become a media event? Was yesterday such a slow news day?