Industrialist Dasari Jai Ramesh who owns Vijay Electricals joined YSR Congress Party recently. What came as a shock to many is the fact that he is a major stakeholder (25 percent approx) in ABN Andhrajyothy Group. Two different theories have been in circulation since the entry of Jai Ramesh into YSRC.
1) ABN Andhrajyothi MD Radhakrishna was shocked to know about the decision of Jai Ramesh to join YSR Congress. The News Channel could no more implement anti-Jagan Campaign aggressively as there might be pressure from the stakeholder. There could be pressure on the management to stop offering positive publicity for TDP as well.
2) Speculations were abuzz that ABN Andhrajyothi survival will be difficult if YCP forms the government in AP as TRS has already retained power in Telangana. The agenda behind Jai Ramesh's entry into YCP could be to prevent any such setback for the media house.
Who knows...this unexpected political development could be a covert operation as well! Anything can happen in the next few months...isn't it?