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President of India presents KCK International Award for excellence in print Journalism

Journalists and journalism played an exemplary role in the social renaissance movement as well as the freedom struggle of the country

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Representational Image, Courtesy: Wikimedia commons

India, March 21, 2017: The President of India, Shri Pranab Mukherjee presented the KCK International Award for Excellence in Print Journalism organized by Rajasthan Patrika in New Delhi on Monday.

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Speaking on the occasion, the President said that journalism has had a long history in our country. It has been closely associated with our struggle for independence and social reforms. Journalists and journalism played an exemplary role in the social renaissance movement as well as the freedom struggle of the country. The history of Indian journalism has been that of progressive reform, social renaissance and anti-colonialism. Beginning with the Samvad Kaumudi brought out by Raja Rammohun Roy in 1819 to Samachar Chandrika and Mirat-Ul-Akhbar, the Harijan and Young India edited by the Mahatma and later, through various other publications, the contribution of print journalism to an evolving Indian society and nationhood was immense.

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The President said that print journalism has its own impact because journalists through their columns/ stories/ comments etc. find a permanent place in the minds of readers. He stated that media has expanded with increasing use of technology and the influence of social media has also increased over the years.

The President said that he was glad to have the opportunity of conferring the KCK International award for excellence for print journalism on the distinguished awardees. He hoped that this would inspire others to follow their path and wished them all success in their future endeavours. (IANS)

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Editorial Freedom Should be used Wisely in Public Interest says PM Narendra Modi to Media

Prime Minster Narendra Modi on Monday said that editorial freedom should be used in public interest and urged the newspapers to devote space to increase awareness about climate change

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PM Narendra Modi speaks about Editorial Freedom. Wikimedia

Chennai, Nov 6: Prime Minster Narendra Modi on Monday said that editorial freedom should be used in public interest and urged the newspapers to devote space to increase awareness about climate change.

Speaking at the 75th anniversary celebrations of Tamil newspaper Daily Thanthi at the Madras University Centenary Auditorium, Modi said lot of things happen around the world and the editors decide what is important to be published in their newspapers.

He said: “Editorial freedom should be used wisely and in public interest.”

Pointing out the natural calamities occurring around the world at regular intervals, PM Modi urged newspapers to allocate space to increase awareness about climate change.

Narendra Modi said the freedom to write does not in anyway reduce the importance to be accurate and correct, adding that though media outlets may be owned by the private sector, they serve a public purpose, have much social accountability and their conduct should be above board.

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Media must use editorial freedom with public interest, says PM Modi. Wikimedia.

He said technological advancement enables citizens to compare, discuss and analyse the credibility of news and the media should take extra caution to maintain its credibility.

According to him, reform in media can come from within and through introspection.

Observing most of the media discourse revolves around politics, Modi said the nation is made of over a billion people and the media should focus on the people and their achievements.

Citing the spread of mobile phones, Modi said citizen reporting is important in showcasing individual achievements and also helping in the aftermath of natural disasters.

PM Narendra Modi also released a souvenir.

Governor Banwarilal Purohit, Defence Minister Nirmala Sitharaman, Union Minister of State for Finance and Shipping Pon Radhakrishnan, Chief Minister K. Palaniswami and his deputy O.Pannerselvam also participated in the function.

Paying encomiums to the founder of Daily Thanthi S.P. Adithanar and his son Sivanthi Adithan, Palaniswami said the daily would certainly see centenary celebrations.

Leaders of several political parties, law makers, industrialists, movie actors and diplomats attended the function.

Earlier on his arrival PM Modi was received by Purohit, Palaniswami and others at the airport.

From the airport Modi reached the INS Adyar naval base here in a helicopter.

At INS Adyar, Modi had a meeting with Palaniswami and discussed about the rain and relief situation in Chennai and neighbouring districts. (IANS)

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Facebook doesn’t Hire Journalists, says Sheryl Sandberg

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Sheryl Sandberg quoted that Facebook doesn't hire Journalists. ians

San Francisco, Oct 14: As people debate Facebook’s role in influencing people during the US presidential elections by Russian ads and fake news on the platform, the company’s COO Sheryl Sandberg has stressed that the social media giant is not a media organization, and therefore does not hire journalists.

Sandberg said that Facebook is run by technical workers and engineers and according to her, the company does not produce news content, therefore it can’t be a media company.

In an interview with US-based news website Axios on Thursday, she said, “At our heart we are a tech company. We hire engineers. We don’t hire reporters. No one is a journalist.”

“We don’t cover the news. But when we say that, we’re not saying we don’t have a responsibility. In fact we’re a new kind of platform… as our size grows, we think we have more responsibility,” the executive was quoted as saying.

Business Insider said a firm that is a major source of news and information for people, generates billions in ad revenue and is producing its own original television shows is classified as a media company and Facebook does all of that.

Contrary to her claim, it hired former NBC anchor Campbell Brown in January to head up the company’s news division and work with other journalists to maximise their use of Facebook’s platform.

Reportedly, Facebook does not want to harm its $500 billion valuations by admitting it is a media company. If the company accepts that it is a media firm, it would open the platform up to regulatory rules in the US and other countries which Facebook would rather avoid.

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Facebook Ads were considered during US Presidential Elections. Pixabay

Business Insider said Britain was already considering regulations that would treat it more like a media company.

Meanwhile, on the Russian ad issue, Sandberg said the election meddling on the platform “shouldn’t have happened” and she wouldn’t discuss Russia or Trump.

“We know we have a responsibility to prevent everything we can from this happening on our platforms… and so we told Congress and the Intelligence committees that when they are ready to release the ads, we are ready to help them,” she said.

Sandberg said that if the Russian-linked ads were posted by “real people” and not fake accounts, Facebook would have let their content remain on the site. “When you allow free expression, you allow free expression.”

“Facebook owes the American people an apology. Not just an apology, but determination for our role in enabling Russian interference during the election,” she said. (IANS)

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The True Story behind Case against NDTV Founders: Read Here!

While the mainstream media has opinionated on the case against NDTV, here are some facts that paint the true picture

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Case against NDTV founders
Prannoy Roy, founder of New Delhi Television Ltd (NDTV). Twitter
  • After a case against NDTV founders had been registered, the CBI raided the residence
  • The raids prompted the NDTV to respond by alleging that the investigating agency is acting “under pressure” and further calling the fiasco a ‘witch-hunt’
  • The case has been registered by the Banking Fraud Division of the CBI alleging the NDTV founders for defrauding the ICICI Bank along with other violations 

The Background

So the Central Bureau of Investigation (CBI) registered a case against NDTV founders – Prannoy Roy and wife Radhika Roy- on the 5th of June, 2017. Consequently, a day after, the investigative agency also raided the residences of Prannoy Roy and his wife, along with four other premises in Delhi and Dehradun belonging to promoters. Cases have been registered against their company RRPR Holding Ltd as well as ICICI Bank officials.

The FIR has been filed by Sanjay Dutt, a former consultant at NDTV. The NDTV is also being investigated by Income Tax Department and Enforcement Directorate when it was discovered that NDTV received funds from a foreign institution but settled the account at 80% less than the actual amount received.

The case comes as a consequence of an allegation against the founders for causing over Rs. 48 crore losses to ICICI bank. They are booked under the Indian Penal Code and Prevent of Corruption Act for criminal conspiracy, cheating, and criminal misconduct.

The ICICI had given the founders’ private holding company-RRPR Holding Private Ltd-a loan of Rs 366 crore. The Roys had guaranteed their NDTV shares at a price more than the prevailing price at Bombay Stock Exchange (BSE).

The loan was closed within a year, however, the interest was waived off resulting in a loss of Rs 48 crores for the bank. The equivalent amount was moved out of the holding company’s bank account.

The FIR report explicitly states that NDTV as well as ICICI “entered into a criminal conspiracy to transfer ownership of a news company, i.e NDTV, to a shell company against banking rule and SEBI Act.”

On the basis of last year’s letter by the Enforcement Directorate to the CBI showcasing irregularities by the ICICI bank, a FIR was registered.

The NDTV responded by calling the whole incident a ‘witch-hunt’ after stating that the founders have not defaulted any loans. The media organization has called Dutt’s allegations false. The NDTV and its allies have countered this as an attack on free speech.

Case Against NDTV Founders
Central Bureau of Investigation (CBI). Wikimedia

The Focus

The NDTV issued a statement calling this whole incident a ‘witch-hunt’ and a political attack on the freedom of speech. It also argued that the CBI has no jurisdiction to investigate such matters that concern the private banks and EVEN IF there has indeed been a loss incurred. CBI, in counter, has cited the example of ‘CBI vs Ramesh Gelli’ case which was ruled in the favor of the investigating agency. CBI has the right to investigate the matter.

It is worth noting that the CBI is not just investing the loan default case but violations of SEBI guidelines and RBI rules. NDTV’s decision to address the CBI as “acting under pressure” is shameful.

Dutt has also claimed that the collateral shares that the Roys had guaranteed were never notified to stock exchanges and SEBI. SEBI has also initiated a probe.

The priority of the investigation is to explore “wrongful gain” of Rs 48 crores to the Roys and their holding company. That clearly implies how NDTV’s claim that this whole fiasco is an “agenda” is simply not true.

NDTV and allies that have been questioning the investigations must understand deeper forms of suspicion that have surrounded the transactions.

Manisha Pande, from Newslaundry, has explained with the remarkable simplicity about the essential factor that investigations are to keep in mind. So RRPR, the holding company, received Rs. 403.85 crores from a shell company- Vishwapradhan Commercial Private Ltd. Now this shell company had received this same amount from Shinano Retail as a loan. The Shinano Retail is fully owned by Reliance Industrial Investments and Holding which received this same loan from the main source Reliance Ventures Ltd, subsidiary of Reliance Ltd.

Hence, Dutt urges to find out “who is the true owner of NDTV?” by calling it, what many would agree, a Hawala (money laundering) transaction.

Manisha Pande has thus rightly pointed out the “investigation cannot start and end at NDTV.” She continues “CBI would have to probe some other important people” especially since the trail points to other noticeable direction.

It is also worth noting how NDTV had been enjoying heavenly fortunes when the UPA came to power. The company raised $417 million in different parts of the world through 20 wholly-owned subsidiaries.

Therefore, while the mainstream media and Twitterites will continue to raise and justify political factors, continuing with their blame game and bargaining, at the end of the day it is the law which is over everything. The law and justice must prevail. None of the facts point to the CBI trying to “silence the media under pressure”.

by Saksham Narula of NewsGram. Twitter: @Saksham2394

ALSO READ: Salil Gewali’s ‘Exclusive: Fall of the Draconian Roar of NDTV?’ on NewsGram

You can follow Manisha Pande and her views on her Twitter handle @MnshaP