The English newspaper was owned by former Shiv Sena leader Narayan Rane, who is now with the Congress. The management had a recent realisation that there was no market left for youngsters who were more interested in internet, radio and TV than a fresh newspaper.
Shouldn't they have thought about it well? Perhaps, Rane wanted to use the paper to target the millions of youths and in some way use the paper for furthering his political ambitions. It's sad nonetheless to see the paper close as many journalists and other employees of the paper will have a tough time, searching for jobs.
So much for the protest about Jet Airways but did any channel or newspaper report this news and ask Rane about his version?