Separation of ownership and management," he said. "This vindictive action can't be cloaked in the garb of professionalism and It means family members need to be accountable and theirĬontinuing in the business depends on merit and qualification," Murali said. "Professionalising doesn't mean qualified family members should be Including his coverage of A Raja and the 2G spectrum scandal. On Thursday, it emerged that Ravi had sent a mail toĪll The Hindu employees criticising the move as also Ram's editorial decisions, The family members can then be accommodated in an editorialīoard, which wouldn't be involved with day-to-day work of running the Had said, was to replace family members in editorial positions with In the meeting, it was proposed to replace editor N Ravi, anotherīrother of Ram, with an outsider, Siddharth Varadarajan. The split in the family came out in the open after a board meeting Ram couldn't be immediately reached for his comments. Than a simple majority required under an ordinary resolution. Institution." A special resolution would need a three-fourths majority, rather Structure and also what has been prevailing for most of the life of the
"Weīelieve a special resolution is required, as it's an attempt to alter the basic Resolution," Murali told ET from the US, which he is touring currently. "They (The group supporting Ram) have proposed an ordinary
The Times group, of which ET is a part, competes with The Hindu group in key markets, including Chennai. The shareholders of Kasturi & Sons, which runs The Hindu among other publications, are made up entirely of family members and are set to meet on May 20 for an extraordinary general meeting. CHENNAI: The Hindu Editor-in-Chief N Ram's plan to separate ownership and management, which has caused fissures in the family that runs the 132-year-old newspaper, should be passed only through a special resolution, his brother and MD N Murali has said.
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