Flix Wednesday, July 29, 2015 - 05:30
  Less than two weeks after Deccan Chronicle indirectly accused the Times Group of wanting to manage a Rs 70 crore event for AP chief minister Chandrababu Naidu, it seems like the Times group is craftily hitting back. Times of India on Wednesday, carried a report, the headline screaming, "DCHL GIVEN TIME TILL AUG 31 FOR HANDING OVER THE PLOT - Hand over Kondapur plot to Kotak bank, DCHL told"     The report states that the Hyderabad high court asked Deccan Chronicle Holdings Ltd (DCHL) to vacate its Kondapur premises in Hyderabad and hand over the same to Kotak Mahindra Bank by August 31, failing which the police will have to assist the bank to get the premises vacated. The court also imposed a cost of Rs 25,000 on DCHL for its "frivolous petitions," the TOI report added. Surprisingly (or not), this HC judgement was immediately picked up by TOI, just a week after a tongue-in-cheek piece written by Deccan Chronicle, accusing the Bennett, Coleman and Company Limited flagship group of a clear conflict of interest. The DC report had suggested that the move by the Andhra Pradesh government to hand over an event of such high scale to a company allegedly owned by the Times Group had “aroused a lot of curiosity and criticism”. The event in question, is an Investment Summit in Vishakhapatnam in October and the contract was auctioned through "The Swiss Challenge System," a new method of awarding contracts by the government in which a party makes a proposal or bid for a particular project, which the government then makes public, inviting bids from third parties to either match or better the proposal.  

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