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NEARBY
SC refuses to stay Sabarimala ruling Sri Lanka court
Review pleas to be heard on Jan. 22; women of all age groups can visit the shrine this pilgrim season stays dissolution,
Krishnadas Rajagopal
NEW DELHI
The Supreme Court on Tues
‘A win-win snap elections
U.P. Cabinet nod for
Faizabad name change
day agreed to hear in open outcome’
LUCKNOW
court review petitions
against its majority judg The Kerala government and
Speaker convenes Parliament today
The Uttar Pradesh Cabinet
ment which lifted a ban on the Sangh Parivar outfi ts Meera Srinivasan
on Tuesday approved a
women aged between 10 and appeared satisfi ed with the COLOMBO
proposal to change the name
50 years from undertaking court’s decision. While the Sri Lanka’s Supreme Court
of Faizabad district to
Ayodhya, a week after Chief the pilgrimage to the Sabari government pointed out on Tuesday stayed Presi
Minister Yogi Adityanath mala temple in Kerala. that Sept. 28 directive had dent Maithripala Sirisena’s
made the announcement on The review petitions will not been stayed, the State dissolution of Parliament
the eve of Diwali. be heard by an “appropriate BJP unit said the decision and restrained the Election
Bench” in open court on Ja justifi ed those trying to Commission from preparing
NATION A PAGE 7 protect the traditions of
DDDDDDDDDDDDDDDDDDDDDDDDDDDDDD nuary 22, next year. for snap elections.
Three intruders killed Sabarimala. A Page 5 After hearing 11 petition
in J&K, says Army Majority ruling holds DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
ers and respondents for two
SRINAGAR The Review Bench of fi ve days, the top court suspend
Two infi ltrators were killed judges, led by Chief Justice of “treating women as the chil would end on January 20 af between 10 and 50 enter the the review petitions in open ed until December 7, the
by the Army on the Line of India Ranjan Gogoi, howev dren of a lesser God”. ter the Makaravilakku festiv temple this pilgrimage sea court. “It has not issued not proclamation issued by Mr.
Control (LoC) in the Keran er, refused to stay the major The refusal to stay the al. son,” Supreme Court advo ice. On January 22, the same Sirisena last week sacking
sector of north Kashmir. One ity judgment by a Constitu judgment would mean that cate Usha Nandini, one of Review Bench will hear the the legislature and calling
intruder was killed in Jammu. tion Bench on September 28. worshippers, both men and Impact on season the 49 review petitioners, petitioners and decide for elections on January 5.
A Srinagarbased Army The majority judgment had women of all ages, can still “The order of the court to ex reacted. whether their pleas should The ruling comes amid a
spokesman said a group of declared the exclusion, sole undertake the pilgrimage amine its judgment is a posi Advocate G. Prakash, who be admitted or not,” he said. fortnightlong political
militants trying to infi ltrate in ly based on the menstrual when the temple reopens tive step. But there are ap represents the Kerala go upheaval.
Keran was spotted, triggering status of women, to be a on November 16 evening for prehensions that the review vernment in the issue, said CONTINUED ON A PAGE 10 Following the ruling,
an encounter. smear on individual dignity. Mandala Pooja. petitions would become in the Bench has only taken a Speaker Karu Jayasuriya
KERALA CM CALLS ALL-PARTY
NEWS A PAGE 10 It said the bar amounted to The pilgrimage season fructuous once women aged prima facie decision to hear MEETING TOMORROW A PAGE 5 convened Parliament on
DDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
Wednesday. Mr. Jayasuriya
Drunk cops assault teen will fi rst meet representa
inside police station
NEW DELHI
Three persons, including two
Govt. asks Twitter to Binny Bansal Is govt. crop insurance tives of all parties at 8.30
a.m. and reconvene the
resigns as House at 10 a.m. “All MPs
FIR was registered on
Vijaita Singh quests to take down content Ashok Kumar Uttar Pradesh. Wickremesinghe upbeat news to parties that deemed
November 9, but no action
New Delhi and accounts that incite Special Correspondent GURUGRAM The crop insurance com As those opposed to Mr. Sir the President’s sudden ac
has been taken in the case yet, The Centre has asked micro communal violence. BENGALURU More than 84 lakh farmers, panies, including Reliance, isena’s actions welcomed tions unconstitutional.
the victim said on Tuesday. blogging site Twitter to fur The Centre has stepped Binny Bansal has an which is around 15% of the ICICI, HDFC and IFFCO, the apex court’s ruling, a Mr. Wickremesinghe
nish telephone numbers up interactions with social nounced his resignation as total farmers insured in the among others, have regis spokesman at ousted Prime tweeted: “The people have
DELHI METRO A PAGE 1
DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD and other identifi able media platforms to CEO of Flipkart Group, fol fi rst year of the Centre’s am tered a total profi t of around Minister Ranil Wickreme won their fi rst victory. Let’s
sources that could arrest the spread of lowing a probe into an alle bitious Pradhan Mantri Fa ₹ 15,795 crore since the singhe’s offi ce told The Hin- go forward and reestablish
help track suspicious rumours inciting un gation of “serious personal sal Bima Yojana in 201617, launch of the scheme, du: “We have the numbers. the sovereignty of the peo
accounts, as asked for rest and other activities misconduct,” said Walmart withdrew themselves from though the fi nal profi t mar We are ready to prove it in ple in our beloved country.”
by law enforcement detrimental to national Inc. in a statement. “He the scheme in 201718, a rep gins could change since the Parliament on Wednesday.” Speaking for the Sirisena
agencies, a senior security. Twitter represen strongly denies the allega ly to an RTI application has insurance claims for 201718 It remains unclear if the camp, Nimal Siripala de Sil
Home Ministry offi cial said. tatives told the Ministry offi tion. Nevertheless, we had revealed. Rabi crops are yet to be esti House will take up a fl oor va said the respondents
Union Home Secretary cials that allowing only veri a responsibility to ensure It includes 68.31 lakh mated. The profi ts for 2016 test on Wednesday but its would ask for revision of the
Rajiv Gauba on Monday fi ed accounts would hit free the investigation was tho farmers from the four Bha 17 are approximately ₹ 6,459 reconvening, nearly three decision by a fuller Bench.
OPPORTUNITIES A DELHI METRO pulled up Twitter represen speech. rough,” said Walmart. ratiya Janata Partyruled crore, said the RTI reply. weeks after it was pro
PAGE 2 tatives for being slow to act States of Madhya Pradesh, rogued, and subsequently CONTINUED ON A PAGE 10
DELHI METRO A 6 PAGES on the government’s re CONTINUED ON A PAGE 10 REPORT A PAGE 13 Maharasthra, Rajasthan and DETAILS ON A PAGE 6 dissolved — comes as good NATIONAL CRISIS A PAGE 8
CM A ND-NDE
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2 NOIDA/DELHI
CM A ND-NDE
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THE HINDU
WEDNESDAY, NOVEMBER 14, 2018
NOIDA/DELHI
DELHI Timings
Wednesday, Nov. 14
RISE 06:43 SET 17:28
RISE 12:12 SET 23:06
Thursday, Nov. 15
RISE 06:43 SET 17:28
RISE 12:52 SET 23:59
Friday, Nov. 16
RISE 06:44 SET 17:28
RISE 13:29 SET 00:00
Published by N. Ravi at Kasturi Buildings, 859 & 860, Anna Salai, Chennai-600002 and Printed by S. Ramanujam at HT Media Ltd. Plot No. 8, Udyog Vihar, Greater Noida Distt. Gautam Budh Nagar, U.P. 201306, on behalf of THG PUBLISHING PVT LTD., Chennai-600002. Editor: Mukund Padmanabhan (Responsible for selection of news under the PRB Act).
Regd. DL(ND)-11/6110/2006-07-08 RNI No. TNENG/2012/49940 ISSN 0971 - 751X Vol. 8 No. 269
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4 NOIDA/DELHI
EDUCATIONAL
SITUATION VACANT
GENERAL
TENDERS
PERSONAL
CHANGE OF NAME
OBITUARY
OBITUARY & REMEMBRANCE
& REMEMBRANCE
DEATH
DEATH
Discover something
new today.
CM A ND-NDE
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IN BRIEF
SC verdict a winwin for all The Hindu Group hands
Both government and Sangh Parivar can claim vindication of their stand
N.J. Nair
Pinarayi calls all-party
over ₹ 4.75 crore to Kerala
THIRUVANANTHAPURAM
Sruthi moves HC
meeting tomorrow Over ₹ 3.36 crore contributed by readers for fl ood relief
The Supreme Court decision THIRUVANANTHAPURAM
challenging FIR Kerala Chief Minister Pinarayi
on Tuesday to hear all re special Correspondent
BENGALURU
view petitions and other ap Vijayan has called an allparty THIRUVANANTHAPURAM
Actor Sruthi Hariharan on
plications on its own verdict meeting on Thursday to The ₹ 4,75,67,755 collected
Tuesday moved the High
that eased the restrictions discuss the developments in by The Hindu Publishing
Court of Karnataka
on women’s entry into Saba Sabarimala. The Chief Group towards the Kerala
challenging the FIR filed
rimala temple in an open Minister’s Office said here on Chief Minister’s Distress Re
against her based on a
Tuesday that the meeting has
complaint by Shiva Arjun, court has left the fl oor open lief Fund, to support the go
been called in the wake of the
manager, Shree Raam Films for varying interpretations. vernment’s initiative to re
Supreme Court decision to
International that belongs to Since the apex court has build the State after the
hear the review petitions
actor Arjun Sarja’s family. The stated that its order and against its own verdict
devastation caused by
complaint states that Ms. judgment on September 28 A fi le photo of a group of women at Sabarimala temple. *
PTI fl oods in August, was hand
granting unrestricted entry
Hariharan and her accompl have not been stayed, the go ed over to Chief Minister
for women in open court on
ices had misused cyberspace vernment could well claim the petitions would have court decision, saying it Pinarayi Vijayan on
January 22, 2019. A high
facilities to defame Mr. Sarja. that its stance against fi ling a dealt them a severe blow, would be a great relief to Ay Tuesday.
level meeting chaired by Mr.
review petition has been vin but this could at least be yappa devotees. Vijayan here on Tuesday N. Ram, Chairman, THG
Reddy bail plea order dicated. The government deemed a face saver. Pandalam Palace Manag Publishing Private Limited, Chairman of THG Publishing Private Limited N. Ram
reviewed the preparations for
reserved for today presenting the demand draft to Kerala Chief Minister
had also reiterated its com BJP State spokesperson ing Committee president the MandalamMakaravilakku The Hindu Group's publish
BENGALURU
mitment to abide by the de M.S. Kumar described it as a P.G. Sasikumar Varma and festivals. ing company, handed over Pinarayi Vijayan on Tuesday. S. GOPAKUMAR *
The Additional Chief
Metropolitan Magistrate
cision of the court. “historic and landmark deci secretary M.K. Narayana Var a demand draft for
court reserved its order on G. Responding to the order sion” that has justifi ed the ma said it was “a Godgiven Vehicle pass a reasonable ₹ 4,75,67,755 to the Chief Mi lief Fund received from A sum of ₹ 1 crore was
Janardhana Reddy’s bail here, Kerala Chief Minister stance of those who had opportunity to the govern restriction: High Court nister at his offi ce here. readers of The Hindu contributed by THG Pu
application for Wednesday. Pinarayi Vijayan said the been out to protect the ri ment to correct its mistake”. KOCHI Of the ₹ 4.75 crore, (₹ 336.67 lakh) and the con blishing Pvt. Ltd. and ₹ 25
He faces allegations of having September 28 order had not tualistic tradition of Sabari Though the court decision The vehicle pass system ₹ 3,50,67,755 is the contri tribution from its em lakh is the contribution
received ₹ 20 crore from a been stayed, but the govern mala. He also wanted the has also opened a vestibule proposed for Sabarimala bution from The Hindu Re ployees (₹ 14 lakh). from Kasturi and Sons Ltd.
Bengalurubased investment ment would seek legal coun State government to be more for consultations, the go pilgrims is a reasonable
firm Ambidant Marketing to sel in the wake of the deci acquiescent. vernment still has the oner restriction imposed by the
bribe the ED. sion to hear the review “The government should ous task of maintaining a police, considering the law
and order situation there, the
All set for launch of
GSAT-29 today
BENGALURU
petitions in open court.
CPI(M) State secretary Ko
diyeri Balakrishnan too res
shed its obstinate stance and
heed the demand of the be
lievers. It should not attempt
strict vigil to prevent a recur
rence of the untoward inci
dents witnessed on Novem
Kerala High Court has said. It
was considering a petition by
K.A. Abhijith of Cherthala on
Countdown begins for
ponded to the decision in a to take women aged bet ber 6. Vigilante groups may
Countdown for the launch of
GSLVMkIIID2/GSAT29
began at 2.50 p.m. on
similar vein. The protesters,
especially Sangh Parivar or
ganisations and the BJP that
ween 10 and 50 years to the
shrine overlooking public
protests,” Mr. Kumar said.
once again make it to Sabari
mala in the guise of pilgrims
and identifying them may
Tuesday challenging the
vehicle pass system. Some
people were preventing
F1 power boat racing
Tuesday at the Satish Dhawan others from entering the
had been on the warpath, not be an easy task.
Space Centre at Sriharikota.
too could heave a sigh of re Tantris hail decision The government proposal
temple and a law and order Nine teams from 12 countries reach Amaravati
The liftoff is slated for 5.08 situation prevailed in the
p.m. on Wednesday. GSAT29 lief since their consistent de Sabarimala high priests (tan to regulate the fl ow of pil area. It was a reasonable P. Sujatha Varma
will improve Internetbased mand to seek a legal remedy tris) Kandararu Rajeevararu, grims and impose curbs on restriction imposed, VIJAYAWADA
communication in Jammu and to end the impasse has yield Kandararu Mohanararu, and their stay at the ‘sannidha considering the larger public The F1H2O power boat race
Kashmir and the Northeastern ed a partially positive out Kandararu Mahesh Mohana nam’ may be put to test dur involved, the court orally buzz is growing louder 48
States. come. A decision to reject raru have welcomed the ing the festival season. observed. hours ahead of the world
championship set to make a
splash in River Krishna in
DSP accused of murder found dead in Kerala Amaravati here.
Nine teams comprising 19
Formula 1 drivers and nine
Formula 4 drivers from 12
Suicide suspected; related murder of Sanal Ku The offi cer had been on arrest and escaped with his shove, which caused him to countries have arrived be
mar, was found dead hanging the run from the law since associate, Binu, a fall in front of a speeding car. sides 21 large containers car The powerboats that have arrived for the Grand Prix.
was on the run at his family house in Kallam November 4 night. The pol moneylender. Meanwhile, Mr. Binu, who rying 10 Formula 1 boats and
* V. RAJU
since Nov. 4 balam on the outskirts of the ice had issued lookout notic allegedly helped Mr. Hariku 10 Formula 4 boats. These banks of the river and the di iser of the F1H2O, a multiple
city on Tuesday. His mother es for the offi cer and put six Altercation over parking mar fl ee the law, surrendered boats have been imported minutive highspeed catam Grand Prix series of eight
Special Correspondent inlaw, who came to feed the teams on his heels. The police case against Mr. before Crime Branch (CB) in from China. arans that will fl y across wa events taking place in Eu
Thiruvananthapuram pet dog, reported the death They had tracked him to a Harikumar was that the offi c vestigators on Tuesday. The sight of the team of ter to enter hairpin turns at rope and Asia this year, has
B. Harikumar, Deputy Supe to the police. The offi cer’s lodge in Thriparappu in Ka er assaulted Sanal following a Assistance for overcoming adrenaline junkies (Boat lightning speed, is raising included Amaravati, the
rintendent of Police of Ney suspected suicide has nyakumari district in Tamil parkingrelated altercation. suicidal thoughts is available drivers and other crew the excitement levels. new capital of Andhra Pra
yattinkara and the main ac brought the curtain down on Nadu recently. However, Mr. In the melee, Mr. Harikumar at Disha’s helpline — members) moving around The Union Internationale desh, in this year’s racing se
cused in the roadrage an interState chase for him. Harikumar managed to elude allegedly gave Sanal a hefty 04712552056. the Punnami ghat on the Motonautique (UIM), organ ries.
CM A ND-NDE
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IN BRIEF
Is crop insurance scheme losing steam? Weather Watch
Rainfall, temperature & air quality in select metros yesterday
Of the 84 lakh farmers who withdrew, 68.31 lakh are from the four BJPruled States: reply to RTI
Ashok Kumar farmers. He said the govern scheme in Rajasthan, fol
GURUGRAM ment would have done bet lowed by Maharashtra
More than 84 lakh farmers, ter to directly help the farm (19,46,992), Uttar Pradesh
Lalu takes to Twitter to
which is around 15% of the ers than route it through the (14,69,052) and Madhya Pra
greet people on Chhath
PATNA
total farmers insured in the insurance companies. desh (2,90,312). In South In
Away from home, jailed RJD fi rst year of the Union go As per the RTI fi gures, dia, the number of insured
president Lalu Prasad on vernment’s ambitious Prad 5,72,17,159 farmers enrolled farmers in Karnataka has de
Tuesday took to Twitter to han Mantri Fasal Bima Yoja themselves for the crop insu creased from 27,37,667 to
greet people on the occasion na in 201617, withdrew rance scheme in 201617, in 16,08,569, while their num
of Chhath. The former Bihar themselves from the scheme cluding 4,35,52,715 loanee ber has marginally gone up
Chief Minister, serving in 201718, a reply to an RTI farmers and 1,36,64,444 for Andhra Pradesh from
sentences in a number of application has revealed. nonloanee farmers. But the 17,74,444 to 18,18,449.
fodder scam cases, is It includes 68.31 lakh number of these farmers
currently undergoing farmers from the four Bhara dwindled to 4,87,70,515 for Losses in T.N., Andhra
treatment at a Ranchi tiya Janata Partyruled States 201718 with the number of Though the insurance com
hospital. PTI of Madhya Pradesh, Maha insured loanee farmers go panies made several thou
rasthra, Rajasthan and Uttar ing down to 3,51,36,128, but sand crore rupees profi t in
Government school
principal held for graft Pradesh. the number of nonloanee the fi rst year of the launch of Temperature Data: IMD, Pollution Data: CPCB, Map: INSAT/IMD (Taken at 18.00 Hrs)
JAIPUR
farmers remaining almost the scheme, they suff ered
Profi t margins stagnant at 1,36,34,387. losses in Tamil Nadu and Forecast for Wednesday: Heavy rain is likely at isolated places
A government school
The crop insurance compa As per the scheme, the Andhra Pradesh the same over coastal Tamil Nadu and south coastal Andhra Pradesh
principal was arrested on
nies, including Reliance, ICI crop loans through Kisan year. In Tamil Nadu, the total city rain max min city rain max min
Tuesday for allegedly taking Agartala................. —.... 30.2.... 17.0 Kozhikode ............... —.... 35.2.... 24.4
₹ 8,500 as bribe from a CI, HDFC and IFFCO, among to be estimated. The profi ts information from the Minis Credit Cards or in other claim paid by the insurance Ahmedabad............ —.... 35.6.... 16.8 Kurnool ................... —.... 34.1.... 17.7
contractor for supplying milk others, have registered a to for 201617 are approximate try of Agriculture and Farm words for loanee farmers — companies was around Aizwal ................... —.........—.........— Lucknow.................. —.... 30.7.... 14.2
Allahabad .............. —.... 33.3.... 14.4 Madurai................... —.... 34.1.... 22.2
under the Annapurna Scheme tal profi t of around ₹ 15,795 ly ₹ 6,459 crore, said the RTI ers’ Welfare, alleged that the are covered under compul ₹ 3,35,562 lakh against the Bengaluru .............. —.... 29.0.... 18.0 Mangaluru ............... —.... 35.0.... 22.0
in Rajasthan’s Udaipur district, crore since the launch of the reply. crop insurance scheme was a sory coverage. gross premium of approxi Bhopal................... —.... 32.9.... 14.0 Mumbai................... —.... 32.8.... 20.0
an AntiCorruption Bureau scheme, though the fi nal “fi asco” as shown by the fi Among the four States, mately ₹ 1,22,737 lakh. Simi Bhubaneswar ......... —.... 31.5.... 18.4 Mysuru.................... —.... 31.0.... 16.0
official said. PTI Chandigarh ............ —.... 29.0.... 14.2 New Delhi .............0.3.... 29.4.... 14.2
profi t margins could change ‘Scheme a fi asco’ gures and aimed at benefi t the maximum number of larly, the companies made a Chennai ................. —.... 32.6.... 23.0 Patna ...................... —.... 29.4.... 17.4
since the insurance claims Panipatbased RTI activist ing the private insurance 31,25,025 farmers have with loss of around ₹ 3,012 lakh in Coimbatore............ —.... 32.7.... 20.6 Port Blair ..............7.4.... 29.8.... 25.2
3 booked for sexually
for 201718 Rabi crops are yet P.P. Kapoor, who sought the companies in the name of drawn themselves from the Andhra Pradesh. Dehradun............... —.... 27.2.... 13.9 Puducherry.............. —.... 33.2.... 20.4
harassing woman Gangtok................. —.... 15.2.... 10.5 Pune ....................... —.... 32.6.... 12.9
MUZAFFARNAGAR (U.P.) Goa ....................... —.... 33.5.... 22.0 Raipur ..................... —.... 32.0.... 16.7
Guwahati ............... —.... 29.9.... 16.6 Ranchi..................... —.... 28.7.... 13.3
Three persons have been
booked for allegedly sexually
harassing a woman medical PoK women win local Bank dacoit injured Hubballi................. —.... 31.0.... 17.0
Hyderabad ............. —.... 33.2.... 14.8
Imphal................... —.... 25.6.... 11.2
Shillong................... —.... 18.6...... 9.9
Shimla..................... —.... 18.3...... 9.4
Srinagar ................0.8...... 8.6...... 3.2
officer on November 7, the Jaipur .................... —.... 32.8.... 17.1 Trivandrum ...........0.2.... 31.4.... 24.2
police said on Tuesday. in gunfi re, arrested Kochi..................... —.... 31.4.... 25.0 Tiruchi .................... —.... 34.5.... 23.4
According to the woman’s
complaint, three bikeborne
men intercepted her while
body polls in Kupwara His accomplice managed to fl ee: police
Kohima.................. —.... 21.5.... 10.5
Kolkata.................. —.... 30.7.... 19.1
(Rainfall data in mm; temperature in Celsius)
Pollutants in the air you are breathing
Vijayawada .............. —.... 33.5.... 19.3
Visakhapatnam ......... —.... 32.5.... 24.8
Yesterday
she was returning home from CITIES SO2 NO2 CO PM2.5 PM10 CODE
the district hospital and Arifa had married Mir who crossed LoC for arms training Staff Reporter complice. Ahmedabad ...... .99 155 .47 .. 264 .....— ....* In observation made at
sexually harassed her. She
BERHAMPUR There was an exchange of Bengaluru ......... .31 .75 103 .. 240 .....— ....* 4.00 p.m., Ghaziabad,
Chennai ............ ...9 .23 .66 .. 327 .....— ....* Uttar Pradesh recorded
was also beaten up, it said. PTI Peerzada Ashiq ted her nomination papers “adequate security” as mili A bank dacoit, Benu Barik, fi re between the police and Delhi ................ .37 .24 114 .. 465 .474 ....* an overall air quality
Srinagar for both the panch and sar tants have called for a boycott was injured and arrested by the duo. While an injured Hyderabad ........ .11 .84 .40 .. 146 .141 ....* index (AQI) score of
438 indicating an
Dudhwa Tiger Reserve Two women from Pakistan panch seats from Khumri of the polls. the police following an ex Barik was nabbed by the Kolkata............. .22 .54 .40 .. 334 .301 ....* unhealthy level of
opens on Thursday Lucknow........... .10 130 .55 .. 402 .....— ....* pollution. In contrast,
occupied Kashmir (PoK), yalB in Kupwara. Another Muzaff arabad change of fi re inside Rampa police, his accomplice man Mumbai ............ .30 .35 .88 .... 95 .119 ....* Vijayawada recorded a
LAKHIMPUR KHERI (U.P.) da jungle under the Buguda aged to escape. healthy AQI score of 74
married to local men, won Locals said Ms. Begum’s born contestant, Dilshada, Pune................. 104 .63 .65 .. 133 .104 ....*
The worldfamous Dudhwa the sarpanch and panch seats husband Ghulam Moham 30, from PoK’s Chitter village, police station in Odisha’s According to Inspector Vishakhapatnam .14 .38 .37 ..... — .119 ....*
Tiger Reserve would open for Ganjam district on Tuesday. incharge of Buguda police
uncontested from north mad Mir had crossed the Line also won unopposed a sar Air Quality Code: * Poor * Moderate * Good (Readings indicate average AQI)
tourists on Thursday, SO2: Sulphur Dioxide. Short-term exposure can harm the respiratory system,
Kashmir’s Kupwara district of Control and sneaked into panch seat from Prangroo Two bullets hit the ac station Ram Chandra Bis
complete with a new making breathing difficult. It can affect visibility by reacting with other air
on Tuesday. PoK in 2001 “apparently for KalamabadMawar in Hand cused in his leg. He has been wal, the accused was in particles to form haze and stain culturally important objects such as statues
‘welcome gate’ at its base
“Arifa Begum, 35, has won arms training”. In 2010, Mr. wara. Dilshada came to this admitted to the MKCG Medi volved in a dacoity at the and monuments.
camp and an opportunity of NO2: Nitrogen Dioxide. Aggravates respiratory illness, causes haze to form by
lunch with jungle natives the polls. She has all required Mir took the Nepal route to part of Kashmir in 2012. She cal College and Hospital in Manitara branch of Utkal
reacting with other air particles, causes acid rain, pollutes coastal waters.
Tharus. The Reserve documents, like voter identi return to his village, while married Mohammad Yousuf Berhampur. Grameen Bank under the CO: Carbon monoxide. High concentration in air reduces oxygen supply to
comprising Dudhwa National ty card, to contest the polls,” availing of the then “rehabili Bhat in Muzaff arabad after On receiving information Buguda police station limits critical organs like the heart and brain. At very high levels, it can cause
said Additional Commission tation policy for stranded the latter crossed the LoC in about his presence at Ram of Ganjam district on May dizziness, confusion, unconsciousness and even death.
Park and Kishanpur and PM2.5 & PM10: Particulate matter pollution can cause irritation of the eyes,
Katarniaghat wildlife er Revenue, Kupwara, Ghu youth in PoK”. 1997 “when he was just 15 pada jungle, a team from 24, 2017. nose and throat, coughing, chest tightness and shortness of breath, reduced
sanctuaries starts its tourist lam MohiudDin. “In Muzaff arabad, I met years old”. Dilshada and her the Buguda police station A group of six armed rob lung function, irregular heartbeat, asthma attacks, heart attacks and
tracked him down at 7.30 bers had looted mortgaged premature death in people with heart or lung disease
season on November 15 and Ms. Begum, a resident of the girl and decided to marry husband also took up the reh
concludes on June 15 before PoK capital Muzaff arabad’s her,” Mr. Mir was quoted. Ms. abilitation policy and re a.m. while he was travelling gold ornaments worth over
the monsoon every year. PTI Palandari village, had submit Begum has been provided turned to Kashmir. on a bike along with an ac ₹ 4 lakh and cash.
CM A ND-NDE
YK
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IN BRIEF
Dabholkar murder:
CBI invokes UAPA
Seeks extension to fi le chargesheet
Special Correspondent
Court refuses to grant Pune
interim relief to Nihalani The Central Bureau of Inves
MUMBAI tigation (CBI) on Monday
The Bombay High Court has sought a 90day extension
refused to grant an interim for fi ling a chargesheet in
relief to filmmaker and the Narendra Dabholkar
ex-censor board chief Pahlaj murder case, contending
Nihalani, who had challenged that it had invoked Section
an order by the Central Board
for Film Certification
directing 20 cuts in his film
Rangeela Raja. PTI
Avni: ‘two chances to I did not order the
killing: Forest Minister
15 (terrorist act) of the Un
lawful Activities (Preven
tion) Act (UAPA) against the
fi ve of the accused.
Narendra Dabholkar
New index to check ease AI removes
pilot who
of doing agribusiness failed test
Centre to reward highperforming States
Special Correspondent
Priscilla Jebaraj incremental terms] by link Mumbai
NEW DELHI ing the performance with al Air India’s Director, Opera
States may soon start receiv location from fl exi funds tions, Captain Arvind Kath
ing extra funding for the made available in various palia, who failed the pre
Agriculture Ministry’s fl ag fl agship schemes of this Mi fl ight breath analyser test
ship schemes on the basis of nistry,” says a recent con on Sunday, was relieved
their performance in encou cept note for the Index. from his post on Tuesday.
raging agribusiness, espe NITI Aayog already brings An administrative enquiry
cially with regard to market out a Agricultural Marketing has also been ordered.
ing, land and governance and Farm Friendly Reforms Captain Amitabh Singh,
reforms. Index, rating States on their Executive Director, Train
The Centre expects to roll implementation of such re ing, was assigned the addi
out a new Ease of Doing forms. In the initial edition tional charge of the post till
AgriBusiness Index early of that Index in 2016, Maha further orders.
next year, which will rank rashtra stood fi rst in the An Air India spokesper
the States on the basis of rankings, followed by son said Captain Kathpalia
such reforms, as well as Gujarat. had violated the Civil Avia
their investment in agricul The proposed index has a tion Requirements laid
ture, increased productivi wider ambit, but the focus is down by the Directorate
ty, reduction of input costs, still on reforms, with mar General of Civil Aviation.
and risk mitigation mea keting reforms (25%) and go Since the violations had se
sures. “In future, the Minis vernance and land reforms rious implications for pas
try may consider rewarding (20%) carrying almost half senger safety, an adminis
the higher performing of the weight of the parame trative enquiry had been
States [both in absolute and ters in its scoring system. ordered.
8 EDITORIAL NOIDA/DELHI
See Sri Lanka’s national crisis for what it is
The SirisenaRajapaksa alliance has to be challenged on principles of democracy and pluralism
cal consequences of prolonged tion after a most horrendous war. Sri Lanka. The dangerous rise of a
and fl awed neoliberal policies and Despite Western opposition, with strongman leader such as Mr. Raja
A
s offi cials from the ‘Quadrilateral’ grouping of In sa camp claims that the sale of Sri StandBy Arrangement. session of people with cycles of
dia, Australia, Japan and the U.S. meet in Singa Lanka’s assets to China and India neoliberal crises.
O
pore on Wednesday, their challenge will be to ac ver the past fortnight, Sri and the Free Trade Agreement Neoliberal crisis While many of Sri Lanka’s neo
Lanka has witnessed an es with Singapore over the last few Sri Lanka’s economy is not im liberal policies, including trade lib
curately describe their common agenda. The Quad is
calating political crisis, years by the United National Party mune from global forces. Howev eralisation, privatising medical
billed as four democracies with a shared objective to with a standoff between President (UNP) led by ousted Prime Minis er, changes to the global economic education, sale of sovereign bonds
ensure and support a “free, open and prosperous” In Maithripala Sirisena and the Par ter Ranil Wickremesinghe have order, rather than the instrumen and the controversial port city
doPacifi c region. During this round, the four countries liament. After the shocking and undermined sovereignty and trig tal moves of any one global power, cuminternational fi nancial centre
AFP
are expected to discuss infrastructure projects they are undemocratic appointment of Ma gered an economic crisis. are what trouble the island nation. in Colombo, were products of the
working on, and building humanitarian disaster res hinda Rajapaksa as Prime Minis maging sanctions. Nevertheless, Declining global trade with in Rajapaksa government, today the
ponse mechanisms. Over the past few months, India ter, the suspension of Parliament, Ideological gains confrontational rhetoric has creasing protectionism has fore Rajapaksa camp claims to guard
and then its dissolution on Novem For some time the Rajapaksa loyal helped nationalist governments closed possibilities of exportled Sri Lanka from a neoliberal attack
and Japan have announced they will combine eff orts on
ber 9, Mr. Sirisena announced ists have been stoking fears of in mobilise popular support. development. And that reality has on sovereignty. While Mr. Wickre
a number of projects in South Asia, including bridges snap elections. ternational intervention — this xe completely escaped Sri Lanka’s mesinghe was shameless in pro
and roads in Bangladesh, an LNG facility in Sri Lanka nophobia has been mobilised to International pressures neoliberal policymakers, whether moting free markets and fi nance
and reconstruction projects in Myanmar’s Rakhine pro The court’s intervention consolidate power. In 2015, Mr. The country’s decadelong con from the UNP, or earlier under Mr. capital, the economic vision of Mr.
vince. Australia has unveiled an ambitious $2 billion Signifi cantly, the Supreme Court Sirisena claimed his major tentious engagement, on wartime Rajapaksa. Rajapaksa is of a populist variety
project to fund infrastructure and build maritime and on Tuesday suspended the disso achievement was rebuilding global abuses, at the UN Human Rights Next, while the U.S. Federal Re with the same substance.
military infrastructure in the Pacifi c region, on which it lution of Parliament until Decem relations severed by Mr. Rajapak Council is a case in point. While serve for some years has been pre It is credible economic alterna
ber 7. While the power struggle sa’s 10year tenure. Today, Mr. Sir the U.S. mobilised resolutions to paring to increase interest rates re tives with a democratic vision that
is willing to cooperate with other Quad members. The
will continue, it is to the credit of isena is loudly echoing strident na rein in Mr. Rajapaksa, who was tilt sulting in Western capital from will arrest the slide towards auth
four countries are expected to talk about regional deve the democratic regime change in tionalists, over protecting Sri ing towards China and Iran, he emerging markets fl owing back to oritarian populism. During this
lopments, including elections in the Maldives, the col January 2015, ironically led by Mr. Lanka from international agendas. politically gained from the con the metropolis, measures to con time of crisis, the prevalent dis
lapse of the government in Sri Lanka and the latest de Sirisena, that Sri Lanka’s govern The UNP claims to have a mono demnation in Geneva, projecting tain capital fl ight were not taken. course of international interests
velopments in North Korea. With Quad talks being held ing institutions have resisted the poly on Western friendship and himself as a defender of war he It is no coincidence that the pol defl ects such alternatives. The
on the sidelines of the East Asia summit, the Regional authoritarian power inherent in bringing in foreign investors. It roes from international bullies. itical troubles escalated with the UNP and its allies should be chal
Comprehensive Economic Partnership summit and the the executive presidency. paints a picture of international Sri Lanka’s deteriorating ba deteriorating economic situation a lenged on their blunders with the
Looking back, Sri Lanka’s liber isolation and a Western aid strike lance of payments and external few months ago. It is only after the economy and failure to fi nd a con
ASEANIndia informal summit, discussions will include
al democratic turn in January 2015 if Mr. Rajapaksa returns, but does debt problems are also pertinent. mounting balance of payments stitutionalpolitical solution, in
some of the overlapping issues among these groupings. was too good to be true, particu not refl ect on how its own policies While there is much talk of the problems that restricting imports cluding the abolition of the execu
However, despite the potential for cooperation, the larly when authoritarian populist have led the country here. debt trap by China, in reality, only — taboo for Sri Lanka’s economic tive presidency. The
Quad remains a mechanism without a defi ned strategic regimes were steadily rising the This trend plays out diff erently 10% of Sri Lanka’s foreign loans establishment — became a reality, SirisenaRajapaksa alliance, which
mission. In 2007, when the grouping was fi rst formed world over. Mr. Rajapaksa, who within Tamil politics. Narrow Ta are from China. and even ideas of restricting capi is likely to peddle again the war
following cooperation after the 2004 tsunami, the idea further entrenched the executive mil nationalists in Jaff na and the Close to 40% of external debt is tal fl ows were considered. The victory and international conspi
was to better coordinate maritime capabilities for disas presidency including by removing Tamil diaspora see the emergence from the international markets, in economic crisis, once acknow racies with Sinhala Buddhist ma
ter situations. When revived in 2017, the grouping its twoterm limit and later ma of an antiWest government as an cluding sovereign bonds, of which ledged by the government, joritarian mobilisations, has to be
noeuvred the impeachment of a opportunity to mobilise interna an unprecedented $4.2 billion in brought to the fore longsimmer challenged on principles of de
seemed to have become a counter to China’s growing
Supreme Court Chief Justice, was tional opprobrium. They continue debt payments are due next year. ing concerns over neglect of the mocracy and pluralism. The de
inroads into the region, despite denials that any partic dislodged by a broad array of polit to dream of international interven Here the International Monetary rural economy, particularly in the bate in Sri Lanka limited to perso
ular country had been targeted. Even a common defi ni ical forces. That major democratic tion, ignoring local realities and Fund’s (IMF) vocal position in rela context of a protracted drought. nalities, corruption and
tion of the geographical area encompassed has yet to be victory for Sri Lanka, in turn for political dynamics. tion to its agreement with Sri Lan The political fallout of restricting geopolitics needs to shift with the
found. While Washington sees the U.S. and India as the West, India and Japan, was These fears of external inter ka from June 2016, and the rating fertiliser subsidies to farmers, pol public putting forward powerful
“bookends” of the IndoPacifi c, India and Japan have met with relief over the removal of vention and trust in international agencies’ projections on Sri Lanka icies of market pricing of fuel and demands of democratisation and
included the oceans up to Africa in their defi nition. The the Chinaleaning Rajapaksa and support are more for ideological are crucial to roll over loans. Ulti the rising cost of living delegiti economic justice. Otherwise, the
the normalisation of foreign manoeuvring. In reality, it is na mately, the fl ows of such capital mised the government. thin wall of defence provided by
entire focus on the IndoPacifi c makes the Quad a mar
relations. tional politics, power consolida have little do with diplomatic rela the Parliament and the courts
itime, rather than landbased, grouping, raising ques In this context, Mr. Sirisena re tion and negotiations with exter tions, but depend on national sta Authoritarian populism could crumble, and the deepening
tions whether the cooperation extends to the AsiaPac joining Mr. Rajapaksa has once nal actors which have determined bility and strength, including the The backlash against neoliberal political and economic crisis may
ifi c and Eurasian regions. Even on maritime exercises, again sparked the reductive analy Sri Lanka’s international relations. political will to ensure budget cuts ism coming to the fore with the pave the way for authoritarian
there is a lack of concurrence. India has not admitted sis of power play over Sri Lanka in Sri Lanka’s tensions with exter and debt repayment. global economic crisis of 2008, consolidation.
Australia in the Malabar exercises with the U.S. and Ja volving China, India and the U.S. nal powers — except for the Indian During his earlier stint in pow and the emergence of authoritar
pan, despite requests from Canberra, and has also re in the Indian Ocean. Such lazy debacle in the 1980s — have rarely er, Mr. Rajapaksa called the bluff ian populist regimes shaping glo Ahilan Kadirgamar is a political
analysis fails to consider the politi led to punitive measures and da of international economic isola bal politics were bound to aff ect economist based in Jaff na, Sri Lanka
sisted raising the level of talks from an offi cial to the pol
itical level. The fact that India is the only member not in
a treaty alliance with the other Quad countries will slow
progress somewhat, although each member is commit
ted to building a stronger Quadrilateral engagement.
A reality check on cooperative federalism
The outcome of the third round in Singapore will be It is yet to be tested on issues related to the Goods and Services Tax
judged by the ability of the group to issue a joint decla
er — compared to 92 instances in tested in court. After the GST anomaly between roles and pow
ration, which eluded it in the fi rst and second rounds.
the preceding period. In S.R. Bom amendments to the Constitution, ers of the FC and the GST Council
mai v. Union of India (1994), the States have power to levy tax on has not been tested but it may
Changing trends? limitation laid down by the Su
preme Court might have placed
sale of petrol, diesel, etc. and
these would be revenues of the
make sharing of these revenues
subject matter of the FC and Par
GETTY IMAGES/ISTOCKPHOTO
A meeting of OPEC and its allies in December gentle breaks on exercise of this respective States. However, the liament rather than the GST Coun
M.S. Ananth power, but the Centre continues to GST Council is yet to recommend cil, where States have more power.
will decide the future course of oil prices wield superior legislative powers, inclusion of these items under States don’t merely seek parity
T
he fi ckle nature of the global petroleum market including residuary powers and le GST. with each other, historically States
S
has been on display over the last few days as pric ince at least 1974, when the gislative precedence. This brings us to another key have also sought parity with the
es reacted to statements and counterstatements Supreme Court commented These are powers the Central dynamic that defi nes the Centre Centre (Sarkaria and Punchhi
by producers and consumers. Over the weekend, Saudi on the Constitution envisag government enjoys under the Con State relationship — sharing of tax Commissions). Recommendations
ing a cooperative federal struc stitution and States’ legislative es. The southern States have been of the FC are placed before Parlia
Arabia signalled its discomfort with the falling prices
ture, federalism has come a long powers have routinely yielded to clearly bring out the yawning gap vocal about the false positives and ment and States have no role in
and hinted at a fresh cut of one million barrels a day. way in India. In relation to the im the Centre. Given this constitu between the Constitution’s intent negatives from tax sharing and the debate. There is no provision
The benchmark Brent crude, which slipped below the position of President’s rule under tional framework, what is the and political reality. this mechanism is largely subject for an aggrieved State to challenge
$70 a barrel mark last Friday, reacted sharply on Mon Article 356 of the Constitution, cooperative federalism that one to the recommendations of the Fi the FC report or seek its enforce
day, rising to above $72. That prompted a tweet from federalism is far more mature. Bet can hope for? Contentious terrain nance Commission (FC) and ac ment. If the Centre refuses to
U.S. President Donald Trump asking for lower prices, ween 1947 and 1977, there were 44 Recently, in Govt. of NCT of Del Taxation powers are another con tion by Parliament. State levies make allocations as per the GST
and so, on Tuesday prices again fell to below $69! The instances when the power to im hi v. Union of India, the Supreme tentious issue and the Central go and State GST form part of a Council, or if a State is aggrieved
pose President’s rule was exer Court gently tilted the balance of vernment has won most of the dis State’s revenue. Under Article by the recommendations itself, an
price of Brent crude, which had risen over the $85
cised. executive power in favour of the putes purely due to express 269A(1) the GST Council — and not aggrieved State would have to liti
mark in early October, is down by about 20% from its Between 1977 and 1996, the Government of the National Capi provisions in the Constitution. In the FC — has the powers to make gate in the Supreme Court as it ap
October peak. Interestingly, Saudi Arabia’s latest call to power was exercised almost 59 tal Territory visàvis the Lieute the Goods and Services Tax (GST) recommendations in relation to pears that the GST Council is yet to
cut output comes just months after the OPEC cartel de times. Prime Minister Indira Gand nant Governor (and by extension, scenario, States have foregone sharing of taxes from interState establish a mechanism for resolv
cided to increase its output. In their June meeting, hi’s cabinet resorted to the power the Centre). However, the court’s some taxation powers (octroi, en trade. ing diff erences in terms of Article
OPEC members decided to ramp up supply after appre an estimated 50 times in her 14 observations on cooperative feder try tax, luxury and entertainment This is important since States 279A(11). In 68 years of the Consti
hensions over Iranian supplies in the wake of economic years. The fact that it includes 15 alism were stating the obvious taxes, etc.) but have powers to levy have a vote in the GST Council. Ho tution, there is limited precedent
instances between 1980 and 1984 considering members of both ca taxes through panchayats and wever, Articles 270(1A) and 270(2) for such extreme actions. In an era
sanctions imposed by the U.S. Since then, the U.S. has
after the Supreme Court held fed binets take an oath to uphold the municipalities. provide that taxes levied under of coalition politics, this would be
granted a temporary waiver to eight countries, includ eralism a basic feature of the Con Constitution. The facts behind the Such powers can result in an the GST laws will be shared in the a true test of cooperative
ing major buyers India and China, to continue import stitution is quite telling. From 1991 case and the acrimonious litiga anomalous situation of a transac manner ‘prescribed’ in Article 270 federalism.
ing oil from Iran for at least the next six months. The till 2016, there have been 32 in tion, which the Supreme Court did tion being taxed under GST laws (2) — which takes us to the FC, and
way prices have responded to OPEC’s output decision, stances of the exercise of this pow not examine in its July 2018 ruling, and a local law, and this is yet to be not the GST Council. The possible M.S. Ananth is a Delhibased lawyer
however, suggests that it may still be too early to dream
about higher prices in the near future. A crucial meet LETTERS TO THE EDITOR Letters emailed to letters@thehindu.co.in must carry the full postal address and the full name or the name with initials.
ing between the cartel and its allies in the fi rst week of
December will decide the 2019 output level. That might Chhattisgarh votes problem has been conditions. It may be Rafale deal most of which were to be controversial defence deal in
well set the trend for oil prices in the new year. The fact that there was over eliminated in some parts of necessary to engage with While the Supreme Court is assembled in India. Now, the postindependent India.
Even after OPEC’s sudden change in its supply out 60% polling recorded in the India, the fact is that they them through a third party all set to examine the claim Indian Air Force is said to be S.K. Choudhury,
look, oil surprisingly continued its longest losing streak fi rst phase of elections in still rule the roost in a few as well. of the Central government of preparing a fresh request for Bengaluru
another risk factor that may weigh down oil. Despite some political must be free dialogue with Gurpartap Singh Bhullar, negotiations for acquiring as await the Supreme Court’s more letters online:
claims that the Naxalite Maoists without preset Chandigarh many as 126 such aircraft, verdict on the most www.hindu.com/opinion/letters/
CM A ND-NDE
YK
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THE HINDU
WEDNESDAY, NOVEMBER 14, 2018
NOIDA/DELHI
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OPED 9
THE WEDNESDAY INTERVIEW | FARZANA SHAIKH
one branch of the state. Afghanistan? tary. The unity and coordina because he expected it contestation. That is extraor
While the acquittal was a tion of the Corps Comman would fall into Pakistan’s lap. dinary. The phrase “nation
landmark judgment which ■ I don’t think so. I don’t see ders is truly impressive and He was more interested in alism without nation” encap
should have been praised, the state being taken over by the institution must not be the borders of Punjab and sulates this negative identity
but without an act of Parlia a Talibantype clergy. Pakis underestimated. This is not Bengal, and dealing with the Pakistan has, of the opposite
ment changing the blasphe tan is not Afghanistan, for might say that that was the the army of a banana repu internal tensions in Sindh to India. We were led to be
<
> Both India and
election, including the most
my laws and [making them] better or for worse. The mili recent one this year? Pakistan are in a case in Israel as well, but it blic, this is a hugely sophisti and Pashtun areas. All of this lieve that Islam would be the
less vulnerable to the kind of tary will not countenance the diffi cult position didn’t go the same way be cated operation run by men is to say that even if a third cohesive force, but as we
abuse that led to Asia Bibi’s prospect, nor would the in ■ They don’t win many seats. over talks. No one cause Israel’s political classes who have honed the politics party were to get involved, it have seen, religion is the
incarceration for more than ternational community. But ultimately it doesn’t mat at the beginning, like David they play to a fi ne art as well. would go nowhere. At the go source of division in Pakis
has come up with a
a decade, we will have many There is some truth in the ter much, because they have BenGurion, etc, subscribed vernment level, I think it is a tan.
more such cases. Parliament old adage about Pakistan be the clout to set national agen way to break this to a secularism that set a dif In your book, you say that hopeless situation. But I was As far as terror groups are
and the government must ing “too important to fail” das, as we are seeing at pre deadlock. ferent foundation for that no foreign policy for interested by a piece I read concerned, look at one ex
support this judgment, heed which its leaders have used sent with the Asia Bibi case. country, one that under Pakistan is more central here that advocated allowing ample. Both the U.S. and oth
the message they have sent to their advantage. It is a nu The reason they can do that ties radicalising their stood that civilian suprema than the relationship with visas to Pakistanis to visit In er countries like China have
out that the law itself is clear weapons state in a is that mainstream parties discourse. cy was paramount in a way India. Yet, we now have seen dia. India can then create a said they won’t help Pakistan
fl awed and open to abuse. In tough neighbourhood, and are now appropriating the that didn’t happen in Pakis a decade without any sort of lobby in Pakistan that would with its debt repayment cri
stead, there is abject capitu the great powers are deeply discourse of the religious Is Pakistan’s creation the tan. The military took power substantive dialogue counter the hypernational sis. But that means Imran
lation. Mr. Khan is making a engaged with Pakistan for Af right. The manifesto and heart of the problem? That a much too early in Pakistan’s between India and Pakistan. ism narrative borne out of ig Khan had to go and speak to
habit of making grand, pro ghanistan. There is a sense of campaign of the Pakistan state built on religion alone, history for democracy to Is there any pressure inside norance of India. And vice Saudi Arabia. Now, AhleHa
gressive statements and fol frustration with Pakistan, TehreekeInsaf (PTI), and al and I think Pakistan and have the same eff ect, and be Pakistan to change that, to versa. If they can relax visa dith groups like Lashkare
lowing them up by back but it is unlikely to change so the Pakistan Muslim Israel are always used as came not just a political try to accommodate India’s regimes, we might see some Taiba and JaisheMoham
tracking. We saw this over that engagement drastically League (N) and to a lesser de examples of that, is player but one that was able concerns on terrorism, for change, but at the level of the mad receive support from
the appointment of Atif Mian in the short to medium term. gree the Pakistan Peoples structurally problematic? to use politics to increase its example? two states, I can’t see any Saudi Arabia. And it was not
as an economic adviser, Pakistan is, in fact, likely to Party on issues like blasphe economic reach and become shift. If a decade has gone iced that the ban on them
when the government made continue its state of ‘stable my and women… their ■ Structural constraints are a corporate entity with signif ■ Yes, it is unprecedented without talks, who can tell if was lifted just about the
him step down within three instability’, which is built in stance is indistinguishable one part of it, but culture, icant assets as well. that there have been no talks another decade won’t also same time it promised the
days after protests from ex to its structure because of from extremists. On issues which is much more diffi cult for a decade, and I must say I pass the same way. There is government a bailout. So in
tremists. Similarly, he pro the perennial tension bet like blasphemy which are to analyse, is a bigger part. Even so, unlike perhaps in am pessimistic that that will also the issue of Afghanistan, these circumstances, one has
mised to bring the “might of ween the military and the seen as the index of the good You could argue that Pakis other military regimes, the change. I think both India where Pakistan will not to consider the benefi t of tak
the state” to bear on those political classes, and that of Muslim against the bad Mus tan’s civilmilitary tension Pakistani military appears and Pakistan are in a diffi cult budge. The truth is, regard ing a hard line and dropping
questioning the judgment, Islam’s relationship with the lim, we see mainstream pol stems from the fact that it to have also had a tradition position over talks. The past less of Trump’s threats, or out of Pakistan. On Pakistan,
and within days his govern state. itical parties using the lan was a small country next to a of institutional stability, and experience of talks, the re Russia and China’s interven therefore, you need joined
ment caved in and signed a guage of political Islam. So powerful, hostile neighbour. each Army Chief, regardless buff s, the impact of local pol tions, the source of the pro up and united thinking in the
peace agreement, which was Yet the contradiction instead of religious parties The perceived threat from of how powerful he seems at itics and elections… and blem in Afghanistan is the world than on any other pro
just an “appease agreement” remains, that religious entering the electoral fray, India gave Pakistan’s military the helm, eventually hands frankly no one has come up confl ict between India and blem, and unfortunately
with the TehreekeLabbaik parties haven’t won a large we must look at socalled an importance it may not over to the next one. How do with a way to break this dea Pakistan. Everything else is a joinedup thinking is in short
Pakistan (TLP) promising not majority of votes in any moderate mainstream par have enjoyed otherwise. You you explain that? So General dlock. Many ask about third sideshow. supply at present.
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are without any longterm allegiances. a good deal of persuasion to place his proposals before the Mi
These have produced a sense of déjà vu. nistry. He did it only in the middle of August this year — the Mi
Bitter enemies until yesterday are turning into friends, nistry had by that time its shelves full with the proposals from
prompting wordsmiths to apply words like frenemies. the other parties.
Most recently, the source of déjà vu has been the decision
of Telugu Desam Party (TDP) leader N. Chandrababu Naidu A HUNDRED YEARS AGO NOVEMBER 14, 1918.
to build bridges with Congress president Rahul Gandhi in a
bid to forge an alliance. The Nationalist Congress Party
How Germany Feels. Blockade Terms.
(NCP) chief Sharad Pawar has also been roped in. The Admiralty announces [on November 11 at 1150 p.m.] an
There is now an ‘all are welcome’ rush to rope in anybody intercepted German Naval wireless message, issued through
and everybody who is antiBharatiya Janata Party. It is only a the medium of the warship ‘Strassburg’ to all warships, des
matter of time before other regional parties are wooed and CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC troyers and submarines in the North Sea and Baltic, quotes the
brought into a united front, vindicating the proverb from Armistice terms and adds that the blockade which was institut
DATA POINT ed in defi ance of international law against the German people
Kautilya’s Arthashastra: the enemy of enemy is my friend.
That begs the question: enemies when, and friends and which is to continue would involve their destruction. The
when? It is all transient and fl uid. And, ‘enemies’ is an incor message calls on the fl eet to defend the country from the un
rect description. They are not countries at war for territory, heard of presumption. It reports that strong English forces are
where there is one with imperial ambitions and the other off the Skaw and orders submarines in the Baltic to assemble
trying to protect its turf, in the belief that it rightfully be in Safnitz harbour. [At 7.45 p.m.] a wireless German offi cial
longs to it. These are political parties of diff erent ideological message states that Dr. Solf has sent a message to Mr. Lansing
denominations in the country that want to “serve” the peo saying: “Convinced of the common aims and ideals of democ
ple, for which they seek political power. racy, the German Government has addressed itself to the Pre
On the question of ideology and its relatively rare occur sident of United States with the request to reestablish a peace
rence in the Indian polity, consider the TDP, whose original corresponding to the principles Mr. Wilson has always main
raison d’etre was reasserting and protecting Telugu pride tained. Its aim is a just solution to all questions in dispute and
and antiCongressism. It was fl oated as a political party in the permanent reconciliation of all nations. Mr. Wilson de
1982 and has grown on this very cornerstone. It ruled the clared that he did not wish to make war on the German people
undivided Andhra Pradesh (A.P.) for over two decades, and nor impede peaceful development.” The German Government
now, postbifurcation, the residual State. Given the TDP’s has received the conditions of Armistice.
bitter enmity with the Congress over these decades, Mr. Nai CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
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du’s alliancebuilding exercises with Mr. Gandhi, in order to
take on the TDP’s former friend, the BJP, is erasing the TDP’s CONCEPTUAL
identity. It is nothing but pure and unadulterated political
expediency.
Group polarisation
So, Mr. Naidu’s recent meetings with Janata Dal (Secular) Psychology
leader and former Prime Minister H.D. Deve Gowda and Also known as the group polarisation eff ect, this refers to the
DMK leader M.K. Stalin for a repeat of the strategy of 1996 tendency among groups to assume positions that are far more
hint at an underlying sense of urgency. extreme than the initial positions of the individual members
This urgency resonated 30 years ago too. The National of the group following a group discussion. Increased interac
Front in 1989, led by the Janata Dal under the overall leader tion between likeminded individuals can cause groups as a
ship of TDP founder N.T. Rama Rao, and the United Front in whole to assume more extreme positions. Such polarisation,
1996 were cases of ideological insouciance to take on a com however, may not happen when the group consists of indivi
mon adversary. duals with vastly diff erent view points. A group of liberals, for
Meanwhile, the BJP and the Rashtriya Swayamsevak instance, may assume an extreme liberal position after a dis
Sangh are with their Hindutva ideology, but it is strategically cussion. The same may not happen in a group that consists of
kept on hold, except in pockets. The Congress’s socialist ide both liberals and conservatives.
ology is passé. Its secular and redistributive justice talk is
amorphous with a wide chasm between word and action. CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
3
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And citizens feel bewildered at these political machina MORE ON THE WEB
tions as they go about trying to decipher who stands for
what and where, in this unpredictable political theatre. Ten glorious days without Television
The writer is Editorial Consultant, The Hindu, based in Hyderabad http://bit.ly/10dayswithouttv
CM A ND-NDE
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10 NEWS NOIDA/DELHI
“Besides, the refusal to stay Now, these three writ pe A day after the Centre fi led He said if the 36 Rafale jets government’s. The Supreme Court is
the September 28 judgment titions would be tagged an affi davit in the Supreme were a case of fresh acquisi scheduled to hear on Wed
is a message that if there is along with the review pleas Court, explaining the deci tion and not a continuation Cutting the price nesday petitions, including
any violence against women and heard along with them sionmaking process in buy of UPA’s Medium MultiRole “Price of 36 was exactly the one jointly fi led by former
pilgrims during the coming on January 22. ing 36 Rafale fi ghter jets, Combat Aircraft (MMRCA) same when you compare Union Ministers Yashwant
season, it would go against The decision to reexa Congress president Rahul deal, then the government with 18 fl yaway. The 36 is the Sinha and Arun Shourie,
the petitioners on January mine the majority view Gandhi and Finance Minister should have spelt out fresh double of 18… so as far as I challenging the decision
22,” Mr. Prakash said. comes despite the fact that Arun Jaitley sparred on standard qualitative require was concerned, it should making process involved in
The September judgment three of the judges on the Twitter. ments (SQRs) but that was have been double the price. the proposed acquisition
had triggered widespread Review Bench — Justices Ro Launching a fresh off en not the case. But because it was govern of 36 Rafale jets from
protests in Kerala. The State hinton Nariman, D.Y. Chan sive against Prime Minister menttogovernment, there French manufacturer,
Police has arrested thou drachud and A.M. Khanwil Narendra Modi, the Con Price diff erence was some negotiation. I had Dassault.
sands of protestors even as kar — were part of the gress chief tweeted to allege Mr. Tewari also claimed that to decrease price by 9%,” he The government in a
Kerala Chief Minister Pina original majority judgment. that the Prime Minister had the affi davit also punctured said. note submitted to the court
rayi Vijayan staunchly stood Justice Chandrachud, in his admitted to “theft” in the Ra its own claim that there may In response to the Con and later shared with peti
by the judgment. separate opinion, had com fale deal. have been a price diff erence gress chief ’s charge that he tioners, said the Defence
pared the prohibition The Finance Minister hit between the NDA and UPA’s had lied about Dassault Procurement Proce
Several appeals against women to the abol back with his tweet that “fal deal because of Indiaspecif choosing the Anil Ambani dure2013 was ‘completely
The apex court has seen a ished practice of untoucha sehood is no substitute for vernment. These develop [Anil] Ambani’s pocket. ic enhancements to the Ra led Reliance on its own, Mr. followed’ in the 36 Rafale
fl ood of review petitions. bility. Rahul Gandhi’s failed ments came a day before the There is more to add to this fale aircraft. Trappier claimed that he aircraft deal signed in Sep
Oral pleas were made for an Only Justice Indu Malho politics”. top court hears the Rafale picture, my friend,” Mr. “Please read Para 23 of the didn’t have to lie in his posi tember 2016.
early hearing. The court has tra, the fi fth judge on the Re case again on Wednesday af Gandhi tweeted in Hindi. Centre’s affi davit… What tion as a CEO. Further, the govern
consistently refused to stay view Bench, had dissented Cost factor ter going through the “UPA delayed the Rafale does it say? It says that the 36 “I am totally clean in front ment said in the note that it
the September 28 judg on September 28, declaring On a day when Dassault CEO Centre’s affi davit, where it purchase, much required for aircraft which have been of the laws of my country. had no information about
ment. On Tuesday morning, the ban to be an “essential Eric Trappier, in an inter claimed to have followed the improving the combat ability purchased by the NDABJP We are totally clean in the induction of any Indian
a threejudge Bench led by practice”. She held that im view to the news agency ANI, requisite Defence Procure of Indian Air Force. Is Rahul Government had the exact France. We are also totally off set partner by Dassault.
Chief Justice Gogoi deferred posing the court’s morality said the NDA’s deal was 9% ment Procedure (DPP). Gandhi’s failed politics com specifi cations as the SQRs fi clean in India,” Mr. Trappier The Bench will hear the pe
three fresh writ petitions on a religion would negating cheaper than what the UPA “Modiji has admitted to pelling him to render India’s nalised by the Indian Air said. titioners’ response to the
against the September 28 the freedom to practise reli had negotiated, the Congress theft in the Supreme Court. sensitive defence require Force for the procurement of However, in 1998, a form note. The petition fi led by
judgment, in order to wait gion according to one’s faith said the Centre’s affi davit In the affi davit, he admitted ments controversial?” tweet the MMRCA,” said Mr. er director of Dassault was Mr. Sinha, Mr. Shourie and
for the decision of the Re and beliefs. Justice Malho “concealed more than it re to changes in the contract ed Mr. Jaitley. Tewari. awarded a suspended sen advocate Prashant Bhush
view Bench, which was tra's judgment has become a vealed”, and posed a series without asking the Air Force Based on the Centre’s affi In a separate interview to tence for bribing Belgian pol an has sought a CBI probe
scheduled to examine the rallying point for petition of questions to the Modi go and put ₹ 30,000 crore in davit, former Union Minister ANI, Mr. Trappier described iticians to win a tender. into the deal.
49 review petitions at 3 p.m. ers.
Sri Lanka court stays
Exoffi cials
write to CAG NSCNK faction open Rahul, Sonia pleas
dissolution, snap polls on Rafale
to Naga peace talks fi xed for Dec. 4
President Sirisena’s Novem petitioned the Supreme Special Correspondent
ber 9 decision to dissolve Court on Monday, challeng New Delhi SC to examine HC decision on IT case
Parliament came shortly af ing the “illegal” action. One Sixty retired bureaucrats Khango Konyak group in India on expulsion from Myanmar Legal Correspondent
ter his party publicly admit independent election com have written to the Comp NEW DELHI
ted to lacking a majority in missioner joined them. troller and AuditorGeneral SPECIAL CORRESPONDENT the State with the knowledge The Supreme Court agreed
the House, heightening a A formidable lineup of (CAG) over the “deliberate GUWAHATI of the security forces. Mr. to examine, on December 4,
political crisis that began on senior lawyers represented delay” in tabling the audit A breakaway group of the Konyak’s group, claiming to the petitions fi led by Con
October 26. In a snap move, the 11 petitioners who made reports on the Rafale deal outlawed National Socialist represent the NSCNK, said it gress president Rahul Gand
Mr. Sirisena fi red his PM submissions to the three and demonetisation in Par Council of NagalandKha took note of the “positive hi and his mother Sonia
Wickremesinghe, installed member Bench led by the liament. They demanded plang (NSCNK) on Monday vibes” from the Centre for Gandhi against a Delhi High
former President Mahinda country’s Chief Justice Nalin that these be tabled in the said that the outfi t was keen resuming the peace process Court decision to allow the
Rajapaksa in his place, and Perera. The Attorney Gener Winter Session. The CAG’s on pursuing the Naga peace that began with the signing Income Tax Department to
swiftly swore in a “new cabi al responded on Wednes failure “may be seen as a process. of a ceasefi re agreement bet reopen their tax assess
net”, in the face of strong lo day, invoking the Presi partisan action” and could The group led by Khango ween the outfi t and the Un ments for 201112 in the
cal and international dent’s plenary powers in the create a “crisis of Konyak, an Indian Naga who ion government in 2001. Young Indian case.
criticism. Constitution to argue that credibility”. was the chairman of the The NSCNK walked out of Its rival group, the Isak A Bench of Justices A.K. A fi le photo of Congress
In exactly two weeks, Mr. his actions were constitu The signatories include NSCNK, in a statement said a ceasefi re agreement Muivah faction of the NSCN Sikri and S. Abdul Nazeer on president Rahul Gandhi.
Sirisena dissolved Parlia tional. The CJ read out the former Punjab DGP Julio the decision followed an ap in March 2015. (NSCNIM), entered into a si Tuesday said the appeals *
R.V. MOORTHY
ment, preventing a vote on order around 6 p.m. Riberio, activist Aruna Roy, peal by the Centre and the milar ceasefi re deal in 1997. fi led by the Gandhis and vet
the House to test the rival “This is the most impor former Pune Police Com people of Nagaland. who number fewer than The NSCNK walked out of eran Congress leader Oscar adequately addressed in the
camps’ claims to majority. tant order the Supreme missioner Meeran Borwan Hounded out of the 100, had crossed over to Na its 14yearold ceasefi re in Fernandes against the High scrutiny assessment. More
Almost all political parties, Court has delivered in its kar, former Prasar Bharti NSCNK’s camp in Myan galand almost a month ago. March 2015 when its foun Court decision on Septem over, as a shareholder of a
except those aligned to the history,” said Tamil legisla CEO Jawahar Sircar and di mar’s Sagaing division, Mr. They had been staying in der, S.S. Khaplang, was the ber 10 required detailed nonprofi t company, he was
SirisenaRajapaksa front, tor M.A. Sumanthiran. plomat K.P. Fabian. Konyak and his followers, a village in Mon district of chairman. hearing on merits. under no obligation to dis
Though no formal notice close the value of his shares
was issued by the court, the in the manner that the IT
Govt. asks Twitter to NDA closes ranks against RLSP
IT Department, represent department has alleged.
ed by SolicitorGeneral The Delhi High Court had
Tushar Mehta, was present found that a loan amounting
WEDNESDAY, NOVEMBER 14, 2018 ASSEMBLY POLLS 2018: CHHATTISGARH, MADHYA PRADESH, RAJASTHAN, TELANGANA, MIZORAM TAKE FIVE 11
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election in
Newly forged ‘grand alliance’ clawing its way up despite the ruling party’s early start to the campaign Chhattisgarh will
have 130 of the
Prashanth Chintala 1,057 candidates
Ravi Reddy with criminal
HYDERABAD
antecedents,
The September 6 decision of according to an
Telangana Chief Minister Kal analysis by the
vakuntla Chandrasekhar Rao Association for Democratic Reforms. In all, 90
to seek dissolution of the As candidates have declared serious criminal
sembly and opt for early cases, including bribery, causing death by
election was a gambit based negligence, criminal intimidation and attempt
on the ruling Telangana to murder. Those with a criminal record
include 18 from the Congress, six from the
Rashtra Samithi’s confi dence
BJP, 15 from the Janata Congress
that it would secure 100 of
Chhattisgarh and 17 from the AAP. In the
the 119 seats. second phase, 17 constituencies have three or
The party’s founder su more candidates with criminal cases.
premo, KCR, as Mr. Rao is
popularly referred to, was so
upbeat about the TRS’s pros Denied ticket, BJP MLA resigns
pects that on the day the As On watch: Security men and the police at the Congress Jaipur
sembly was dissolved, he de headquarters in Hyderabad on Tuesday, a day after the party Habibur Rahman, BJP MLA representing
clared the names of announced its fi rst list. NAGARA GOPAL
* Nagaur, whose name was
candidates for 105 consti dropped from the fi rst list
tuencies, with almost all par KCR’s former ally Kodanda A key aim driving KCR’s Chief Minister’s son K.T. Ra can tilt the balance in at least Shah, who has already visit of candidates for the
ty members of the dissolved ram, the battle of the ballot decision to seek election six ma Rao and nephew T. Har 30 Assembly segments. With ed thrice, to bolster its Rajasthan Assembly
House fi elded again. in the State appears to be months ahead of schedule ish Rao making scathing at the TDP allying with the Con chances. Union Ministers election, resigned from the
The party’s confi dence headed for a far tighter con was his bid to win a stronger tacks on the “grand gress, the TRS is wary of have been assigned Lok Sab party on Tuesday, a day
after State Minister
stemmed from its conviction test than the TRS may have popular mandate to enable alliance”. these voters backing the ha constituencies to cam
Surendra Goyal quit. Mr.
that the welfare schemes an anticipated. the TRS to push ahead with TDP supremo and Andhra “grand alliance”. paign for the party’s nomi
Rahman said he had mailed
nounced by the government Telangana, the youngest its approach to development Pradesh Chief Minister N. The Congress, for its part, nees. his resignation to State president Madan Lal
to benefi t diff erent sections State, will head to the polls by limiting the Opposition’s Chandrababu Naidu has is likely to struggle to stem The BJP, which has an Saini. “I resigned from the party’s primary
of society would translate in on December 7 — the fi rst power to disrupt his party’s been a primary target of the the dissidence and unrest nounced candidates for 66 membership and forwarded the resignation to
to votes. time that the State’s voters plans. TRS leaders, who have that the “grand alliance” and constituencies, is targeting the partys’ State president today (Tuesday).
But a little over two would be electing represen And the TRS did have a lashed out at him for trying the resulting seat sharing is the TRS over its perceived There is discontent among my supporters
months down the line, the tatives to the Assembly since head start by starting its to gain entry to Telangana expected to trigger. proximity to the AIMIM. against the decision to drop my name.
mood of the electorate its formation on June 2, 2014. campaign soon after the through an “unholy al The party has already The Congress is highlight Therefore I took this decision,” he said. PTI
seems to hint that the TRS The State’s dissolved 119 House was dissolved . liance”. roped in senior AICC mem ing what it calls the “failures”
may have misjudged the im member House was created Themed as the “Praja Ashir bers to assuage leaders who of the TRS government and Dynasts rule the roost
pact of the government’s following elections held in wad Sabha” (people’s bless ‘Andhra voters’ may have to give up their its ‘soft approach’ towards
Jaipur
schemes, with public aspira the then undivided Andhra ings meeting), the initial The sudden shift in the TRS’s seats to alliance partners the BJP at the national level. The BJP has given ticket to
tions pegged higher than Pradesh in AprilMay 2014, in campaign meting saw the campaign tack appears to be with promises of suitable po With the process of nomi close family members of
what had been actually deli which the TRS won 63 seats leaders largely focus on the connected to concerns about sitions, once the combine nation having begun on Mon several party leaders in
vered on the ground. and the Congress just 21. The development plank and the the likely voting behaviour of comes to power. day, the campaign is expect Rajasthan, deviating from
With the Opposition Con TDP and its then alliance government’s achievements a large chunk of voters hail The BJP is in the fray on its ed to shift into top gear from its stand against dynastic
gress having forged a “grand partner, the BJP, together during the party’s fourand ing from the Andhra and own this time, after having the third week of this month. politics. Party leaders said it
alliance” with its former riv won 20 seats (15 TDP and fi ve ahalf years in power. Rayalaseema regions of And fought in 2014 with the TDP. And going by the aggressive had taken a cautious step to
al, the Telugu Desam Party BJP), while the All India Maj But, somewhere down the hra Pradesh, who reside in The national party’s cam pitches being made by the avoid dissidence. The fi rst
(TDP), the Communist Party lis Ittehadul Muslimeen (AI line, the campaign’s tone the State’s capital and neigh paign in the State has roped principal players, it promises list of 131 candidates
of India (CPI) and the Telan MIM) secured seven and oth changed with the TRS’s key bouring districts. According in most of its top leadership to be a bitter, noholds includes sons, grandsons and daughterin
gana Jana Samithi headed by ers eight. campaigners, including the to one estimate, these voters including president Amit barred election campaign. laws of several leaders. Ram Swaroop Lamba,
son of the late Sanwar Lal Jat, former MP, got
ticket for Nasirabad and Shailesh Singh, son of
the late Digamber Singh, for DeegKumher.
Polls in the time
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From Kolayat, senior leader Devi Singh Bhati’s
Training day daughterinlaw Poonam Kanwar has got
ticket. Rishi Bansal’s wife Ritu is contesting
of farm distress the Bayana seat. PTI
12 WORLD NOIDA/DELHI
ELSEWHERE
Democrat wins Arizona Senate race U.K. urged to give
Krysten Sinema will become the State’s fi rst woman Senator; Florida race still remains contentious asylum to Asia Bibi
Gaza truce proposed after
Sriram Lakshman On Monday, Ms. Sinema and even to the polling Boris Johnson writes to government
days of intense fi ghting
Washington said Arizona had rejected booth — saying that she had
GAZA Democrat Krysten Sinema, a “namecalling” and “perso called Ms. Sinema to con Vidya Ram
Palestinian militant groups in 42yearold member of the nal attacks”. She also paid gratulate her after a “hard London
Gaza agreed on Tuesday to U.S. House of Representa tribute to Senator John fought battle”. Calls to the U.K. government
halt crossborder attacks if tives, will become the fi rst McCain, who died of cancer The Democrats now have to off er asylum to Asia Bibi,
Israel did the same, woman Senator of Arizona. in August. a confi rmed 47 seats in the the Pakistani Christian wo
Palestinian offi cials said, after Ms. Sinema, a former social “Senator McCain is irre Senate versus the Republi man who was acquitted by
the most serious exchanges worker, narrowly beat by a placeable, but his example cans’ 51. Two Senate seats — Pakistan’s Supreme Court
of aerial fi re since a 2014 war. 1.7% margin her Republican will guide our next steps for Mississippi and Florida — are last month, have grown, as
Since Monday, Israeli air opponent Martha McSally, a ward,” Ms. Sinema said dur still hanging in the balance. former Foreign Secretary
strikes have killed seven former Air Force pilot and al ing her victory speech, ad Mississippi will have a run Boris Johnson wrote to the
Palestinians, at least fi ve of so a Congresswoman. ding: “He taught us to always off later this month. incumbent Sajid Javid, argu
them militants. (Picture Ms. McSally, who had the assume the best in others, to ing that Ms. Bibi had an
shows an Israeli strike near lead at the end of Election Result declared: Kyrsten Sinema speaking in Scottsdale, seek compromise instead of Statewide recount “overwhelming claim for Asia Bibi in an undated
Rafah border.) Reuters Day on November 6, conced Arizona, after offi cially winning the Senate race. REUTERS *
sowing division...” Florida is undergoing a State compassion” from the Brit photo. AFP *
ed on Monday, with nearly McCain’s seat is tempora wide machine recount, not ish government.
Indianorigin woman all votes counted, as postal margin of about 4% in the to repeal Obamacare — and rily being held by Republi just for the Senate race, but Rehman Chishti, the in London earlier this week,
dies after arrow attack
ballots were tallied. 2016 presidential election. its protection for preexist can Jon Kyl, who has said also for the gubernatorial Prime Minister’s Trade En Wilson Chowdhry of the
LONDON
Devi Unmathallegadoo, 35, a
This year’s race, however, ing health conditions — that he will hold it until the and Agricultural Commis voy to Pakistan since 2017, BritishPakistani Christian
pregnant Indianorigin A poignant win was won on encouraging La worked against her. end of this year. Arizona law sioner races as margins were also told the BBC that the Association warned that Bri
woman, died after an arrow The race for retiring Republi tinos — a third of the State’s A former spokeswoman requires the Governor to ap too close to call — below the U.K. had a “moral obligation tain appeared to be ignoring
pierced through her abdomen can Senator and Trump crit population — to turn up in for the Green Party, Ms. Sine point someone from the 0.5%. Incumbent Senator to give sanctuary” to some the plight of Ms. Bibi, which
in a crossbow attack in ic Jeff Flake’s seat gave a larger numbers to vote. Wo ma, who was once a liberal same party to the seat — Ms. Bill Nelson, the Democratic one who had been “perse risked hitting its “vaunted
London on Monday, but her poignant win for the Demo men too veered away from and identifi es herself as bi McSally could still end up be candidate, asked Governor cuted for their faith but and lauded position as a
baby survived following a crats, giving them not just the Republican party, des sexual, has been criticised ing a Senator next year. Rick Scott — now running for whose life is in grave dan bastion for refuge for the op
caesarean operation. On their fi rst Senate seat from pite the GOP fi elding a wo for being too centrist and After a bitterly fought con Senate on the Republican ger”. pressed”.
Tuesday, Scotland Yard Arizona since 1994 but a ma man candidate. voting for Mr. Trump’s legis test, Ms. McSally tweeted a ticket — to recuse himself While Canadian Prime
offi cers charged her former jority on the Congressional Ms. Sinema outperformed lation most of the time, as concession speech video from his election oversight Minister Justin Trudeau said Status of discussions
partner Ramanodge delegation from the State. Ms. McSally in the latter’s per analyses of her voting re with her dog Boomer — who duties on Monday. earlier this week that his go The Home Offi ce has offi
Unmathallegadoo, 50, with Hilary Clinton had lost the own Congressional district. cords in the House by poll had accompanied her Recounts are due by vernment was in talks to cially declined to comment
murder. PTI State to Donald Trump by a A House vote by Ms. McSally sters FiveThirtyEight.com. through campaign speeches Thursday. grant asylum to Ms. Bibi, on any asylum application,
who was acquitted of blas while others have cautioned
phemy charges by the court against leaping to conclu
Trump to replace Kelly U.K., EU agree on Brexit agreement draft after nearly eight years on
death row, there has been
growing pressure on the
sions on the status of discus
sions.
“In my experience, deci
The mind behind Marvel superheroes
Stan Lee created fl awed and relatable icons like SpiderMan and Black Panther
Agence France-Presse Together they would pio
Los Angeles neer new ways to tell stories,
Marvel legend Stan Lee, who with deeply fl awed heroes
died on Monday at the age of and serious themes. Even
95, revolutionised pop cul the villains showed compli
ture as the cocreator of cated feelings.
iconic superheroes like Spid “When the time came to
erMan and The Hulk. create a teenaged hero for
He ended up in the com Marvel Comics, I decided to
ics business by accident, depict him as a bumbling
thanks to an uncle who got reallife teenager who by
him a job when he was a some miracle had acquired a
teenager fi lling artists’ ink superpower,” Mr. Lee wrote
wells and fetching coff ee. in a 1977 column, “How I In
“I felt someday I’d write vented SpiderMan.”
the ‘Great American Novel’ Mr. Lee and his collabora
and I didn’t want to use my tors churned out hit after hit
real name on these silly little and he took over at Marvel in
comics,” Mr. Lee once said, the 1960s, creating the “Mar
explaining why he had forsa vel Universe”. He formally
ken his given name, Stanley Heromaker: Stan Lee poses with ‘SpiderMan’ and Lou left Marvel in the 1990s but
Lieber. Ferrigno, who played ‘The Incredible Hulk’ on TV. REUTERS * remained chairman emeri
tus.
Multiple heroes Strange would follow — and from Romania, Mr. Lee got In recent years, he ran in
From Spidey to Black Panth today, all three heroes have that fi rst assistant’s job at age to legal troubles and scan
er to the XMen and the Fan multifi lm franchises that 17 at Timely Comics and be dal. A massage therapist
tastic Four, Mr. Lee collabo rake in hundreds of millions gan rising through the ranks. sued him for sexual assault,
rated with other authors and of dollars. He teamed up with illustra accusing him of inappro
illustrators to put his lively Born on December 28, tor Jack Kirby in the 1960s to priate touching during two
imagination on the page. 1922 to Jewish immigrants invent the Fantastic Four sessions in 2017. Mr. Lee de
Iron Man, Thor and Doctor who migrated to the U.S. and SpiderMan. nied the allegations.
CM A ND-NDE
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THE HINDU
WEDNESDAY, NOVEMBER 14, 2018
NOIDA/DELHI
BUSINESS 13
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market watch
13-11-2018
Sensex dddddddddddddddddddddd 35,144 ddddddddddddddd0.95
US Dollar dddddddddddddddddddd 72.67 ddddddddddddddd0.30
% CHANGE Flipkart’s Binny Bansal resigns Dasari bids adieu to ALL
Gold ddddddddddddddddddddddddddd 32,050 ddddddddddddd -0.31
Brent oil dddddddddddddddddddddddd 67.5 ddddddddddddd -4.75 Move follows investigation into ‘personal misconduct’, says Walmart Dheeraj Hinduja takes over as executive chairman
Special Correspondent Flipkartowned digital pay Special Correspondent “Ashok Leyland is not on
NIFTY 50 BENGALURU ments fi rm PhonePe as CEO. CHENNAI ly futureready but also is
PRICE CHANGE
Adani Ports . . . . . . . . . . . . . . . . . . . 334.10. . . . . . . . . 5.45
Binny Bansal has announced Both Mr. Krishnamurthy and After almost 14 years with stronger than ever before — a
Asian Paints. . . . . . . . . . . .. . . . 1284.90. . . . . . . . . 6.10 his resignation as CEO of Mr. Nigam will report to the the company, Vinod K. Dasa fact refl ected in the record
Axis Bank . . . . . . . . . . . . . . . . . . . . . . 618.30. . . . . . . 11.75 Flipkart Group, eff ective im board. ri has decided to bid adieu to results posted by your com
Bajaj Auto . . . . . . . . . . . . . . . . . . . 2665.50. . . . . . . 13.20
Bajaj Finserv. . . . . . . . . . .. . . . 5571.70. . . . . . . 22.60
mediately, following an inde “As we look ahead, we Ashok Leyland. pany over the past quarters
Bajaj Finance . . . . . . . . . .. . . . 2285.00. . . . . . . . . 7.40 pendent investigation into have full confi dence in the “I have decided that the and in the numbers an
Bharti Airtel . . . . . . . . . . .. . . . . . 297.55. . . . . . . . . 1.35 an allegation of “serious per strength and depth of lea time is right for me now to nounced earlier today (Tues
BPCL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.15. . . . . . . 11.95
Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 528.10. . . . . . . . -3.75
sonal misconduct,” said Wal dership across the company. move on to pursue other in day). We are perceived, to
Coal India . . . . . . . . . . . . . . . . . . . . . 265.55. . . . . . . . . 1.65 mart Inc. in a statement. We remain committed to in terests and continue my day, as a high performing,
Dr Reddys Lab . . . . . . . .. . . . 2438.05. . . . . . . 22.50 The world’s largest retail vesting for the longterm and learning journey. This deci innovative, and caring com
Eicher Motors. . . . . . . . .. 23241.85. . . 1308.30
GAIL (India). . . . . . . . . . . .. . . . . . 365.35. . . . . . . . . 0.60
er said that recent events are supportive of the leader sion to leave has been a very Vinod K.Dasari pany, where it is fun to
Grasim Ind . . . . . . . . . . . . . . . . . . . . 876.25. . . . . . . 15.45 risked becoming a distrac ship team’s desire to evolve personal and an extremely work,” said Mr. Dasari in his
HCL Tech. . . . . . . . . . . . . . . . . . . . . 1033.20. . . . . . . . -3.60 tion and Mr. Bansal, who is a into a publiclytraded com tough one to take,” Mr. Dasa asserted. Mr. Hinduja, in the email.
HDFC . . . . . . . . . . . . . . . . . . . . . . . . . . . 1824.70. . . . . . . 28.80
HDFC Bank. . . . . . . . . . . . . . . . . . 1927.75. . . . . . . . . 6.70 cofounder of Flipkart, had pany in the future,” said ri said in an email to meanwhile, has taken over
Hero MotoCorp . . . . . .. . . . 2879.70. . . . . . . 40.35 made a decision to step Walmart. employees. as the executive chairman. Board decisions
Hindalco . . . . . . . . . . . . . . . . . . . . . . . 231.55. . . . . . . . . 2.30 down. Binny responded to the sit Mr. Binny Bansal continued His resignation as the CEO He will hold the position till Quizzed specifi cally about
HPCL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 232.80. . . . . . . . . 7.75
Hind Unilever . . . . . . . . .. . . . 1671.10. . . . . . . 16.80 His decision follows an in uation. Because of this, we with the fi rm. IIT alumni and MD of Ashok Leyland a successor to Mr. Dasari is the collapse of joint ventures
Indiabulls HFL . . . . . . . .. . . . . . 841.95. . . . . . -23.30 dependent investigation have accepted his decision Walmart said Mr. Binny Flipkart was founded by IIT was formally announced at a appointed. during his captaincy, he
ICICI Bank . . . . . . . . . . . . . . . . . . . . . 360.90. . . . . . . . . 8.55 done on behalf of Flipkart to resign.” U.S. retail giant Bansal had been contemplat Delhi alumni and former media briefi ng held here on The nominations and re said: “Unfortunately, few
IndusInd Bank . . . . . . . .. . . . 1485.55. . . . . . . . -7.45
Bharti Infratel . . . . . . . .. . . . . . 258.40. . . . . . . . -0.10 and Walmart into an allega Walmart’s $16billion invest ing a transition for some Amazon employees Sachin Tuesday to release the se muneration committee of partnerships didn’t continue
Infosys . . . . . . . . . . . . . . . . . . . . . . . . . . 665.70. . . . . . . . . 1.50 tion of ‘serious personal ment in Flipkart for about time and “we have been Bansal and Binny Bansal [not cond quarter numbers of the the board would meet short owing to market conditions.
Indian OilCorp . . . . . . . .. . . . . . 141.40. . . . . . . . . 6.35
misconduct.’ 77% stake in May this year working together on a suc related] in September 2007. company. The resignation ly to decide on the future The decisions were collec
ITC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 276.85. . . . . . . . . 3.00
JSW Steel. . . . . . . . . . . . . . . . . . . . . . 348.10. . . . . . . . . 3.55 “He strongly denies the al not only provided blockbus cession plan,” which has Like Amazon, they started would take eff ect on March course of action in identify tive ... taken by the board ...
Kotak Bank . . . . . . . . . . . . . . . . . 1165.90. . . . . . . 12.20 legation. Nevertheless, we ter exits to the investors but now been accelerated. with selling books and in 31, 2019. ing the next CEO and MD. and not by the CEO and MD.
L&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1391.10. . . . . . . 23.90
M&M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790.05. . . . . . . . . 9.15
had a responsibility to en also made the founders Bin Going forward, Kalyan itially had just three servers Briefi ng the media Dhee It is a moving phase.”
Maurti Suzuki . . . . . . . . .. . . . 7150.45. . . . . . . 62.65 sure the investigation was ny Bansal and Sachin Bansal Krishnamurthy will continue and 20 shipments. raj G. Hinduja, chairman, ‘Not a sudden decision’ Beginning April 6, 2005,
NTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156.80. . . . . . . . . 4.00 deliberate and thorough,” billionaires. to be CEO of Flipkart, which In October this year, Mr. said that the resignation was “It is not a sudden decision. I Mr. Dasari served as the
ONGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156.50. . . . . . . . . 0.45
PowerGrid Corp . . . . .. . . . . . 184.05. . . . . . . . -1.90
said Walmart. will now include Myntra and Binny Bansal said that des ‘unexpected.’ It was the pol have been thinking about it head of the manufacturing,
Reliance Ind . . . . . . . . . . .. . . . 1099.45. . . . . . . 19.45 $20billion valuation Jabong, continuing to oper pite Walmart’s acquisition of icy of the Hinduja family to for 5 to 7 years. I could not strategic sourcing, and cor
State Bank . . . . . . . . . . . . . . . . . . . . 278.05. . . . . . . . . 0.10 No evidence The deal valued the home ate as separate platforms Flipkart, he still considers fi nd the best talent and give run away from challenges. I porate quality engineering
Sun Pharma . . . . . . . . . . . .. . . . . . 561.75. . . . . . -27.75
Tata Motors . . . . . . . . . . . .. . . . . . 179.50. . . . . . . . -6.55
“While the investigation did grown ecommerce compa within the Flipkart business. himself as an entrepreneur. them the freedom to achieve retrieved the company from divisions of Ashok Leyland.
Tata Steel . . . . . . . . . . . . . . . . . . . . . 589.20. . . . . . . . . 6.35 not fi nd evidence to corrob ny at more than $20 billion. Ananth Narayanan will He said Walmart backs en the targets. a fi nancial collapse, and He has been a wholetime di
TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1934.95. . . . . . . 20.10 orate the complainant’s as Mr. Sachin Bansal had made continue as CEO of Flipkart’s trepreneurs in international There would not be any turned into a great compa rector of the company since
Tech Mahindra . . . . . . .. . . . . . 728.05. . . . . . . . . 3.50
Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 897.50. . . . . . . . . 2.75
sertions against Binny, it did his exit alongside the acqui fashion arms Myntra and Ja markets as part of its strate change in the company’s ny. Now, the company is in a May 8, 2008. He was ap
UltraTech Cement . .. . . . 3829.90. . . . . 103.05 reveal other lapses in judge sition by Walmart following bong and will report into Mr. gy. “That was part of the market vision and business strong position and has a pointed MD on April 1, 2011
UPL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 736.55. . . . . . . . . 3.35 ment, particularly a lack of reported diff erences with Krishnamurthy. Sameer Ni deal… it really gelled well strategy and growth mo strong team,” Mr. Dasari and promoted as chief exec
Vedanta . . . . . . . . . . . . . . . . . . . . . . . . 205.60. . . . . . . . . 2.45
Wipro . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326.15. . . . . . . . . 2.80 transparency, related to how the acquiring team, while gam will continue leading with us,” he had said. mentum would continue, he said. utive offi cer on April 1, 2016.
YES Bank. . . . . . . . . . . . . . . . . . . . . . . 225.45. . . . . . . . . 2.40
Zee Entertainment . . . . . . 438.10. . . . . . . . . 0.30
EXCHANGE RATES
Indicative direct rates in rupees a unit
After IL&FS, SEBI tightens norms for raters Ashok Leyland net up 37.49%
except yen at 4 p.m. on November 13
CURRENCY TT BUY TT SELL Factors such as cash fl ow and assetliability mismatch must be considered
US Dollar . . . . . . . . . . . . . . . . . . . .. . 72.47. . . . . . . 72.79
Euro . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 81.54. . . . . . . 81.90
Cost control, increase in product price boost bottom line
British Pound . . . . . . . . . . . . .. . 93.63. . . . . . . 94.05 SPECIAL CORRESPONDENT servicing, the name of such consolidated ratings.
Japanese Yen (100) . .. . 63.57. . . . . . . 63.85 MUMBAI entities, along with rationale While welcoming the new Special Correspondent
Chinese Yuan . . . . . . . . . . . . .. . 10.41. . . . . . . 10.46 The Securities and Exchange for such expectation, may be disclosure norms, Somasek CHENNAI
Swiss Franc . . . . . . . . . . . . . . . .. . 71.78. . . . . . . 72.10
Singapore Dollar . . . . . . .. . 52.44. . . . . . . 52.68 Board of India (SEBI) has provided,” the circular said. har Vemuri, senior director, Commercial vehicle manu
Canadian Dollar . . . . . . . . .. . 54.75. . . . . . . 54.99 tightened the disclosure “When subsidiaries or Crisil Ratings said that Crisil facturer Ashok Leyland
Malaysian Ringitt . . . . . .. . 17.28. . . . . . . 17.37 norms for credit rating agen group companies are conso always analysed aspects on Ltd. has posted 37.49%
Source:Indian Bank cies (CRAs) that will now lidated to arrive at a rating, parent support, consolida raise in its standalone net
have to take into account va list of all such companies, tion, liquidity and factored profi t for the second quar
rious factors, including as along with the extent (e.g. them in the rating analysis. ter ended September 2018
BULLION RATES CHENNAI
setliability mismatch, liquid full, proportionate or mod “Enhanced disclosures on at ₹ 459.58 crore against
November 13 rates in rupees with pre-
vious rates in parentheses investments, cash fl ows and erate) and rationale of con parent support, approach ₹ 334.26 crore recorded for “The growth in topline Dasari, CEO & MD, said in
Retail Silver (1g) . . . . . . . . . . . . . . . . . 40. . . . . . . (40.1) capital infusion from parent solidation, may be provid towards consolidation and li the corresponding year has helped in our fi nancial the last three years, the
22 ct gold (1 g) . .. . . . . . . . . . . . 2968. . . . . . (2986) or group entities while per ed,” it added. quidity will give investors earlier period due to in performance. While input fi rm had won 31 defence
forming any rating action. fected the overall liquidity more clarity on the rating crease in prices, cost con cost increases continue, we tenders that translated into
In a circular issued on scenario, especially in the List of subsidiaries drivers and assist in their trol measures, product mix are attempting to neutralise value of about ₹ 5,000
‘Stainless Tuesday, the capital markets
regulator enhanced the
nonbanking fi nancial com
pany (NBFC) segment.
Based on the learnings from
the IL&FS episode, the regu
own analytics,” he said.
SEBI also mandated CRAs
and growth in revenue.
During the period under
this eff ect through effi cient
cost management. We con
crore. On the progress of
work on the new assembly
steel fl at quantum of disclosures by
introducing additional
“When a rating factors in
support from a parent/
lator has also made it man
datory for rating agencies to
to include a specifi c section
on “liquidity” to highlight
review, the company post
ed revenue at ₹ 7,607.98
tinue to be zero debt as at
the end of the quarter,” said
plant in A.P., he said the
plant was ready. The fi rm
must be out norms that are largely based
on the learnings from the
group/ government, with an
expectation of infusion of
disclose full list of subsidiar
ies or group companies if
parameters like cash balanc
es for servicing maturing
crore against ₹ 6,076.38, an
increase of 25%.
Gopal Mahadevan, CFO.
Briefi ng media, Vinod K.
will roll out electric vehi
cles by January 2019.
of RCEP’ IL&FS episode, which has af funds towards timely debt such entities form part of the debt obligation.
Special Correspondent
MUMBAI
Jindal Stainless has strong
Investors commit
ly opposed the inclusion of
stainless steel fl at products ₹ 4.2 lakh cr. to Odisha
in the Regional Compre
hensive Economic Partner Haldia Petro’s ₹ 70,000 crore tops list
ship (RCEP) agreement ‘as
the move will open fl ood Lalatendu MishrA petrochemicals, food pro
gates of Chinese imports The second edition of ‘Make cessing, healthcare, tou
into India through zero du in Odisha Conclave 2018 rism, renewable energy and
ty access.’ (MIO 2018)’, held in Bhuba electronics.
The InterMinisterial neswar, received overall in A total of 183 investment
Meet is being held in Singa vestment intent of ₹ 4,19,574 proposals were received.
pore on November 12 and crore across 15 diversifi ed The highest amount of in
13, reportedly for drawing sectors. vestment is proposed by
‘substantial conclusions’ to This was announced by Haldia Petrochemicals
the RCEP agreement bet Odisha Chief Minister Na worth ₹ 70,000 crore.
ween 16 countries. veen Patnaik on Tuesday. The top fi ve among the
Abhyuday Jindal, MD, The fi rst edition of the proposals are ₹ 60,950 crore
Jindal Stainless said, “in conclave held in 2016 gener by Jindal Steel & Power Ltd.;
clusion of stainless steel ated investment intent ₹ 58,797 crore by Mahanadi
products in RCEP will re worth ₹ 2,03,000 crore. Coalfi elds Ltd.; ₹ 43,000
sult in a huge surge in im The investment intent in crore by CPC Corporation of
ports from China. the second edition will Taiwan; and ₹ 41,040 crore
“This will make opera create 5.91 lakh additional by Steel Authority of India
tions for domestic produc jobs, Mr. Patnaik said. Ltd.
ers nonviable, thereby re Investment proposals (The writer is in Bhuba-
sulting in longterm came in sectors such as neswar at the invitation of
losses.” chemicals and fertilizers, the Govt. of Odisha)
Promoters to sell 50% stake in
Zee Entertainment Enterprises
Zee looks for a strategic partner to achieve global footprint
MANOJIT SAHA will help us in achieving our
Mumbai ambition faster and we can
The Essel Group, the promo scale newer heights much
ters of Zee Entertainment faster,” Mr. Goenka said.
Enterprises Ltd. (ZEEL) —
one of the largest Indian me Transforming the fi rm
dia and entertainment com “And, this will then trans
panies — has decided to sell form the company from a
up to 50% of its stake to a pure content company to a
strategic partner that could content technology compa
help the company have a ny which is armed to thrive
global footprint while reiter in the current world of digi
ating India remains a priori Punit Goenka tal,” he said.
ty market for the group. The The move comes after the
Essel group holds 41.62% “Given our strong footing Essel Group chairman Sub
stake in ZEEL. [domestically], we believe hash Chandra and his family
In an interaction with The towards fulfi lling our global along with advisors met for a
Hindu, Punit Goenka MD & ambitions specially in the ra strategic review of the busi
CEO, ZEEL, said the compa pidly converging world of ness over the Diwali wee
ny is looking for a global content technology. We kend. The review took note
strategic partner which will need a strong strategic of the role of technology in
help them expand in over partner with strong technol the media and entertain
seas markets. ogy and global reach which ment space.
CM A ND-NDE
YK
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14 BUSINESS NOIDA/DELHI
IN BRIEF
Tata Steel profi t surges over threefold IL&FS board gives new
Higher steel prices and consolidation of Bhushan Steel results aid the company
roadmap to NCLAT
Special Correspondent “This has been one of the which are in the process of Proposal to address lender concerns
Mumbai bestever quarters for Tata being merged with Thys
Tata Steel Ltd.’s second quar Steel India on the back of senkrupp AG, face an in PRESS TRUST OF INDIA initiation of insolvency pro
ter consolidated net profi t strong operating and market depth probe over concerns NEW DELHI ceedings against IL&FS.
rose to ₹ 3,116 crore, the high performance with the EBID that the deal could reduce The newlyformed board of
Union Bank celebrates est in nine years, compared TA margin of 34% and in ex competition. IL&FS Tuesday informed 90-day moratorium
100th foundation day with a net profi t of ₹ 1,018 cess of ₹ 19,000 per tonne Noel Vaz, analyst, IIFL Se the National Company Law During the hearing, lenders
CHENNAI
crore in the yearearlier pe and a profi t after tax of curities said: “Tata Steel Appellate Tribunal (NCLAT) of IL&FS group opposed the
Union Bank of India
riod on higher steel prices ₹ 3,268 crore. clearly beating consensus es that it has drawn up a new 90day moratorium over
celebrated its 100th
and consolidation of Bhush timates for Q2FY19 due to roadmap to address con loan repayment by the debt
Foundation Day in Mumbai
an Steel results. Tata Steel Europe strong outperformance by cerns of lenders. laden group and its subsidi
on Sunday. Finance Minister
Arun Jaitley, who was the
The steelmaker reported a Liquid steel production at the domestic steel business Senior advocate Ramji aries.
chief guest, hailed the bank’s 34% growth in turnover to Tata Steel Europe was lower es. The strong performance Srinivasan, appearing for The banks have also
role in nation building. On ₹ 43,544 crore. by 7% at 2.43 million tonnes of the domestic steel busi IL&FS, informed the two asked the appellate tribunal
the occasion, the bank Consolidated deliveries as the production was im nesses (especially Bhushan) member bench that the to allow them not to classify
launched Combo Card (debit grew 15% during the quarter pacted by two unplanned is likely to support the com draft proposal has already IL&FS account as NPA in
and credit) and Rupay to 7.42 million tonnes due to tremely strong results this The liquidity position of outages at IJmuiden; and pany’s deleveraging eff orts been submitted before the case of nonpayment.
Contactless Card (debit and its focus on the domestic quarter driven by robust op the group remains robust at planned shutdowns for on going forward. Lower lever Mumbai bench of the Na The tribunal has fi xed De
prepaid), an app for mobile market, where a government erational performance and ₹ 26,470 crore, said a compa going upgradation pro age would help reduce stress tional Company Law Tribu cember 17 as the next date of
banking, U Mobile and new push to improve infrastruc favourable business condi ny statement, adding that gramme and annual mainte on the balance sheet and is nal (NCLT) and sought its hearing.
web and tabenabled module ture has raised demand. tions in India. This quarter, gross debt during the quar nance of Port Talbot. likely to lead to potential re permission to place before On October 15, NCLAT
for credit growth in MSME Commenting on the re despite a seasonally weaker ter increased by ₹ 2,065 crore This resulted in a fall in rating of the stock.” it. “We request permission had stayed all proceedings
Sector — Union Mudra. sults, T. V. Narendran, chief period, we sold 4.32 million primarily due to adverse fo EBITDA to ₹ 1,111 crore com Tata Steel shares on the to place a new roadmap be against IL&FS group and its
executive offi cer and manag tonnes across Tata Steel rex impact of ₹ 3,528 crore. pared with ₹ 1,667 crore in BSE closed up 1.07% at fore NCLAT”, he pleaded. 348 fi rms till its further or
NMDC net declines 25% ing director, said, “Tata Steel standalone and Bhushan Koushik Chatterjee, exec 1QFY19. ₹ 589.15 in Mumbai market The NCLAT was hearing a ders, over an urgent petition
HYDERABAD
Group has delivered ex Steel.” utive director and CFO, said, European operations, on Tuesday. bunch of petitions seeking moved by the government.
NMDC Ltd. has posted a
standalone net profi t (from
continuing operations) of
₹ 636.49 crore for the
quarter ended September,
Operational creditors Wheels India set to complete Allahabad Bank posts
which is 24.62% lower
compared with ₹ 844.40
crore registered in the year
of Essar move NCLT capacity rampup by December loss of ₹ 1,823 crore
earlier period. The decline
came in the backdrop of Company owes them over ₹ 600 crore Cites higher provisioning, ageing NPAs
higher tax expense, which Company reports 32% rise in revenue for second quarter
increased to ₹ 676.70 crore Piyush Pandey creditor with dues of ₹ 226 Special Correspondent der had, in an exchange fi l
(₹ 396.33 crore). The public
MUMBAI crore, plans to fi le a sepa Special Correspondent formance due to infrastruc KOLKATA ing, said the Centre will in
sector iron ore miner’s total About 30 operational credi rate application. Chennai ture development being Allahabad Bank’s net loss fuse ₹ 3,054 crore as capital
income was ₹ 2,568.87 crore, tors of Essar Steel with Wheels India registered a seen in the country. narrowed to ₹ 1,822.71 crore in the current fi scal. The
a marginal 1.48% increase claims of over ₹ 600 crore Orissa Stevedores plea net profi t of ₹ 22.7 crore for Mr. Ram also highlighted from the ₹ 1,944.4 crore loss bank will also raise an addi
over ₹ 2,531.18 crore. have fi led a joint petition in Meanwhile, Orissa Steve the quarter ended Septem the impact of ‘industrial in in the immediately previous tional ₹ 1,8001,900 crore to
NCLT Ahmedabad, seeking dores, one of the operation ber 2018, down from ₹ 26.4 fl ation, which has been quarter. shore up capital adequacy,
TVS Srichakra Q2 net payment of their dues. al creditors of Essar Steel crore a year earlier. Revenue much stronger than seen in The bank said in a regula its MD and CEO S.S. Malli
drops 26.25% The petitioners have with dues of ₹ 20.46 crore, grew 32% to ₹ 795.8 crore 56 years.’ tory fi ling that its losses karjuna Rao said on Tues
CHENNAI prayed before NCLT seeking has moved an interlocutory from ₹ 604.8 crore in the cor “Infl ation and ramping up were due to higher provi day. Towards this, the bank
TVS Srichakra standalone net full payment or equitable petition in the NCLT Ahme responding period of the of capacities are a challenge. sioning on account of NCLT was “exploring all options —
profi t for the second quarter payment as operational dabad seeking that the high previous year. We should complete all our referred accounts and latest government help, QIP and
ended September 2018, creditors at par with the fi er proposal submitted by Es Srivats Ram
The net profi t for the cor planned capacity expansion RBI guidelines regarding hiving off noncore assets
shrunk by 26.25% at ₹ 29.57
nancial creditors, according sar Steel’s promoters be responding yearearlier pe by the end of this calendar restructured accounts and and stake in JVs,” he said.
crore against ₹ 40.10 crore
to a source. accepted or alternatively, riod included an exceptional Srivats Ram, managing di [year],” he said. ageing NPAs. The bank had
for the corresponding year
The application has been ArcelorMittal be asked to profi t of ₹ 10 crore from the rector, Wheels India, said, He said that the company posted a net profi t of ₹ 70.2 United Bank of India
earlier period due to increase
in raw material costs. The
fi led by 27 operational cred match Essar Steel’s promo slump sale of its passenger “We have seen growth had not foreseen the current crore in the JulySeptember Separately, United Bank said
fi rm posted 11.33% increase itors, including Ideal Movers ters bid of ₹ 54,389 crore. car steel wheel business to across the board in the fi rst growth and was rushing to quarter of 201718. Gross its loss had increased to
in revenue at ₹ 631.76 crore Private Limited, Kamaljeet The application has been its subsidiary WIL Car half of this year, as most in complete brownfi eld pro nonperforming assets rose ₹ 883.17 crore in the second
against ₹ 567.46 crore for the Ahluwalia, Arfi n India Limit fi led taking into considera Wheels Ltd. Removing the dustry subsegments of our jects worth ₹ 122 crore for to 17.5% from 15.9% in the quarter of this fi scal, against
corresponding yearearlier ed, Sakar Industries Private tion that the Committee of oneoff item would mean a business are in the which board approval had previous quarter. The bank a loss of ₹ 388.7 crore in the
period. Total income for the Limited and Apex Commod Creditors (CoC)has not con growth of 38.4% in net profi t upcycle.” been given in April this year. received ₹ 3,054 crore capi immediately previous quar
period stood at ₹ 636.49 ities, with total outstandings sidered the fi nancial recov for the quarter ended Sep He added that the com “A signifi cant portion of that tal infusion from the Centre ter due to higher provision
crore and total expenditure of ₹ 360.39 crore. ery of the operational credi tember 2018. mercial vehicles segment will be completed by Decem on November 12. ing and contingencies.
at ₹ 592.47 crore. R.K. Logistics, another tors, said the petition. Addressing the media, had seen ‘quite a strong’ per ber this year,” he said. On November 8, the len (With PTI inputs)
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Bengaluru, where the ball been at the site, the entry
tends to bounce high and fl y would have been his as he Trungelliti said with a laugh bed. That’s not a good prep
off the racquet, Nedelko was better ranked and on the sidelines of the Ben aration! But the trip was spe
needed to be at the top of his would have made his Major galuru Open, where Praj cial. I had my family and it
game. On Tuesday he clearly debut. nesh is the fourth seed. was time for some good con
wasn’t and the seven double But Prajnesh, who had “But it happens. You’re versations. Then the day af
faults he served didn’t help Hardly troubled: Prajnesh Gunneswaran did not face a singles break point as he swept past Ivan Nedelko . * V. SREENIVASA MURTHY lost in the fi nal round of not going to spend a week in ter it was better because I
his cause one bit. qualifying, had already left Paris without playing any won.”
At the start of the second Earlier in the day, qualifi er Krawietz (Ger) 6-1, 6-2; Saketh co Ferreira Silva (Por) bt Danilo for a Challenger in Italy. tournament. I didn’t go In Bengaluru, Trungelliti,
Clinical set, there were a string of er Youssef Hossam of Egypt Myneni bt Adil Kalyanpur 6-3, Petrovic (Srb) 6-3, 3-6, 6-4; Trungelliti, after losing, anywhere because I had despite being the second
Prajnesh needed two breaks rors, especially on the back sent the tournament’s top 7-6(3); Youssef Hossam (Egy) Daniel Masur (Ger) bt Elias Ym- hadn’t entered any tourna back pain. It was a shame seed, lost early in both sin
of serve in each set — in the hand side, as he tried to seed Radu Albot packing, bt Radu Albot (Mda) 2-6, 6-2, er (Swe) 6-4, 7-5. ment. that he lost easily in the gles and doubles. He is still
6-2; Prajnesh Gunneswaran bt Doubles: Andrej Martin (Svk) &
fourth and eighth games in press ahead when presented coming back from a set The rules stipulate that Challenger.” undecided on playing the
Ivan Nedelko (Rus) 6-2, 6-2; Sa- Hans Podlipnik-Castillo (Chi) bt
the fi rst, and sixth and with openings. But the 28 down to beat him 26, 62, one cannot pull out of a Pune Challenger next week.
si Kumar Mukund bt Colin Alta- Kevin Krawietz (Ger) & Jeevan
eighth games in the second. yearold quickly made 62. India’s Sasi Kumar Mu tournament to play in anoth Par for the course The distance to Pune was
mirano (US) 7-6 (6), 6-3; Blaz Nedunchezhiyan 6-3, 3-6,
He was mostly clinical, con amends to wrap up the kund, also a qualifi er, beat er. The Argentine journey For the 28yearold, such comparable to that between
Kavcic (Slo) bt Filip Peliwo [10-7]; Purav Raja & Antonio
trolling his shots with match in under an hour. the United States’ Collin Alta (Can) 6-1, 6-2; Quentin Halys man won a round at Roland road trips were par for the Barcelona and Paris, he was
Sancic (Cro) bt Romain Arneodo
aplomb. He often went cross “I felt good today,” Praj mirano, ranked more than a (Fra) bt Suraj Prabodh 6-3, 6-1; (Mon) & Quentin Halys (Fra) Garros and earned $92,000. course. “In South America told. “No no, I can’t drive
court, with the angle, the nesh said after the win. “I hundred places above him, Brayden Schnur (Can) bt Max 6-4, 6-7(6), [11-9]; Sriram Balaji Prajnesh lost his opener in we have similar journeys. here,” he exclaimed. “I will
distance and the topspin all was coming from China. Ve 76(6), 63. Purcell (Aus) 6-4, 7-6; Sebas- & Vishnu Vardhan bt Sumit Na- Italy and took home $769. But yes, we don’t go to a crash in every corner. I don’t
ensuring that the ball would ry diff erent conditions. Con The results (fi rst round): Sin tian Fanselow (Ger) bt Zsombor gal & Brayden Schnur (Can) “He was joking that I Grand Slam like this! For know how you drive here.
land well inside the lines. sidering that, I played well.” gles: Zizou Bergs (Ger) bt Kevin Piros (Hun) 7-6 (6), 6-4; Fredri- 6-4, 6-3. owed him a lot of money,” three days I was lying on my Unbelievable!”
Famous ball boy! Cristiano Ronaldo played his part by with 6.5 points. Wesley So moveorder when playing Closer look The 13 years, separating
retrieving a ball during the match. AFP *
followed with six, after mak brushed aside Surya Shek including the last one with one of the sidelines of Sici In fact, a closer look at the the two oldest players in the
ing a charge with 4.5 points har Ganguly and then Praggnanandhaa. lian Najdorf. Once Anand sa composition of the fi eld in fray, matches the age Pragg
near the fi rst row, the top from the last fi ve rounds. Le downed fellowfi rst round crifi ced his rook for a minor the ongoing Tata Steel nanandhaa, the youngest
ATP FINALS seed broke Isner in the fi fth von Aronian was next at 5.5, leader Hari to take a half Cautious start piece and gained a fi rm grip, chess reinforces Anand’s competitor.
AFP, ANI game of the fi rst set to esta followed by the Indian duo point lead. Anand, looking to turn Praggnanandhaa lost his observation. The rest of the partici
LONDON blish a stranglehold and nev of Anand and P. Hari Krishna Nakamura and World No. things around after a forget way and resigned. “Did you notice that Vidit pants here are somewhere
Novak Djokovic sent out a er looked like allowing the at fi ve. 4 Aronian, then played out a table outing in the rapid (Gujrati), at 24, is half your in between.
warning to his rivals on American eighth seed back Nakamura, whose prefe draw, before the leader dis games, started cautiously Karjakin stunned
Monday, brushing aside big into the contest, breaking rence for this format is well missed So and Shakhriyar with draws against So and Earlier, Praggnanandhaa,
serving John Isner 64, 63 to twice more in the second set known, made the most of Mamedyarov to open a one Mamedyarov. A blunder rated at a modest 2366
launch his bid for a record to win in 73 minutes. playing the fi rst two games point lead. But thereafter, he against Sergey Karjakin end against Nakamura’s 2893,
equalling sixth ATP Finals Pleased to see Ronaldo in with white pieces. He could only draw four games, ed in defeat but fi red up made light of a poor start
title in style. the stands, Djokovic, who having scored just a draw
The World No. 1 appeared was wearing black and from the fi rst four rounds.
little troubled by the howitz white, jokingly said, “I had He stunned Karjakin in the
ers coming off the giant Isn colours of his club on my at match that featured the
er’s racquet — breaking his tire tonight. I’m sure he was youngest and the thirdyoun
opponent three times and happy to see that.” gest GMs of all times, after
not conceding a single break the Russian blundered a
point on his own serve. Anderson on fi re piece. The youngster up
Meanwhile on Tuesday, staged Vidit on way to 3.5
All coming good South African Kevin Ander points, worth a whopping
“The match was great, ob son handed Japan’s Kei Nish 50.8 rating points.
viously,” said the 31year ikori a humiliating 60, 61 Hari, lucky to win against
old. “I had three breaks of thrashing to move to the Praggnanandhaa in the
serve of John which is some brink of a semifi nal berth. opener, was involved in fi ve
times mission impossible The results: straight decisive games, in
but I managed to be at the Group Gustavo Kuerten: No- cluding three wins before
right place at the right time. vak Djokovic bt John Isner 6-4, drawing the last four. Vidit’s
With Cristiano Ronaldo 6-3. lone victory came over Gan
watching and on one occa Group Lleyton Hewitt: Kevin guly, who lost six but scored
sion catching a stray ball Anderson bt Kei Nishikori 6-0, over Karjakin and Mamedya
that bounced into the stands 6-1. rov and drew with Aronian.
O n Sunday, when both Indian Nation
al teams — men’s and women’s —
were playing T20 internationals, it
Unfair comparisons
But the comparisons are unfair, and I
should apologise for falling into that
advance through the agegroup tourna
ments, and there was a logical progres
sion into the national team. Women
this month) about the history of the wo
men’s game in India, The Fire Burns
Blue. When publishers turn their atten
Twofold gap
The eff ect is twofold. Such a setup in
creases the gap with the top interna
men’s teams face in similar
tournaments.
Firstly, there is the matter of doing
would have been interesting to know trap here myself. Women cricketers cricketers have not always enjoyed that tion to such a subject, you can rest as tional teams (Australia, England) as well
well in the competition, getting into the
which match drew more eyeballs on te have to be assessed on their own merits luxury. The youngsters today — the aver sured it is hot news and there is a mar as the gap between the international
fi nal and perhaps winning it. Then there
levision. It wouldn’t be surprising if Har and styles, and attempts at making age age of this team is just 24 — might be ket for stories from around the country and domestic players at home. That
is the pressure of carrying the future of
manpreet Kaur’s team had the greater them more accessible by comparison to beginning to take the annual calendar that need rescuing. What might have there are 560 players below the interna
women’s cricket itself linked to the per
following, even if many viewers simply their male counterparts are patronising. and remuneration for granted, which is seemed like a brave move a few years tional level is signifi cant, and a remin
formances.
went back and forth between channels After all, we do not say that Hardik a good thing, but even Harmanpreet ago now comes with the force of inevit der that a women’s IPL tournament is
in the approved fashion! Pandya bats like Jemima Rodrigues. Do now 29, couldn’t aff ord to at the start of ability. due. Players’ fi nancial security is an is As India progress, public interest will
When Virender Sehwag tweeted we understand Harmanpreet better be her career. The Federation of International sue in women’s cricket around the increase, sponsors will show greater
words of encouragement during the wo cause of the Sehwag reference? Perhaps Despite the recent exploits of a Mitha Cricketers Associations (India are not world, and India are in a good position awareness, and a few years’ growth will
men’s game, someone was quick to we do, but it is limiting, and says noth li Raj or a Jhulan Goswami, it was Har members of this players’ body) in its to follow the Big Bash League (Australia) be compressed into a few weeks.
point out: “Guess which match Sehwag ing about her grace and artistry and manpreet’s 171 against Australia in the Women’s Global Employment Market here. Harmanpreet and her team are play
is not watching…” qualities that are unique to her batting. World Cup last year (where India lost in Report and Survey released last month Soon after the Pakistan victory, Mith ing not just to consolidate the present
The player known widely as the Seh Both players understand the angles the fi nal) that dramatically raised the made some interesting observations. ali Raj said that she expects the wo but to launch the future of the game too.
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16 SPORT NOIDA/DELHI
Creative spark
lick and Johnny Acosta be
fore the latter set up En
rique.
Indian team for Australia
on Friday.
India A squad for 1st four-
chess competition Playing creatively in the fi rst
half, Chennai City dominat
Despite the goal, Chennai
City went in search of a goal
ed proceedings with its which came off a late penalty
day: Ajinkya Rahane (cap Sports Bureau conducted under the aegis Spanish foursome — Sandro,
tain), M. Vijay, Prithvi Shaw, (87th minute) when Dagar
CHENNAI of the State associations, Roberto Eslava, Nestor and
Mayank Agarwal, Hanuma Vi brought down Pravitto Raju
The Hindu in School chess will held in under9, 11, 13 Pedro Manzi — in the thick of inside the box. Gordillo, who
hari, Parthiv Patel (wk), K.
Gowtham, Shahbaz Nadeem, competition, powered by and 15 categories for boys things. Gordillo could have made no mistake.
Mohammed Siraj, Navdeep Thyrocare India, will be and girls and played under scored in the fi fth minute but The result: East Bengal 1 (En
Saini, Deepak Chahar, Raj held later this month at 17 the Swiss System. For de could not reach the fl oater rique Tirado 52) lost to Chennai
neesh Gurbani, Vijay Shankar, centres across the country. tails, visit http://www.the- Getting away: Ti tans’ top scorer Rahul Chaudhari, right, evades a Paltan tackle after a before East Bengal goalkeep City FC 2 (Sandro Rodriguez
K.S. Bharat (wk). The competition, to be hindu.com/thischess/ successful raid. VIVEK BENDRE
* er Rakshit Dagar. 45+2, Nestor Gordillo 87).
DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
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