TheIndian EXPRESS LATE CITY, 22 PAGES, MUMBAI, `5.00 ● SATURDAY, APRIL 7, 2018 ● WWW.INDIANEXPRESS.COM ● REG.NO. MCS/067/2018 - 20 RNI REGN. NO. 1543/57 DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA Alert at airports against husband of Chanda Kochhar, Videocon’s Dhoot DEEPTIMAN TIWARY DAYS AFTER the CBI started a preliminary enquiry against Deepak Kochhar, husband of ICICI Bank CEO and MD Chanda Kochhar, and Videocon promoter Venugopal Dhoot in connection with a loan granted to Videocon,lookoutcircularshave been issued against them. A look out circular ensures thatImmigrationdetainsandinforms the agencies concerned if a person under investigation attempts to leave the country. In this case, however, sources said Immigration will merely inform the agencies concerned — CBI and Income Tax — since the probe is at a preliminary stage and no FIR has been registered. Governmentsourcessaidthe look out circular against Deepak KochharandDhootaretoensure that they do not leave the country before the CBI completes its preliminary enquiry. On Thursday, the CBI questionedRajivKochhar,brother-inlaw of Chanda Kochhar, after he was stopped at the Chhatrapati Shivaji Maharaj International Airport (CSIA) in Mumbai while he was about to board a flight to Singapore. He was questioned Friday too. TheKochharbrothersarebeing examined by the CBI in connection with the Rs 3,250-crore bank loan granted by ICICI to Videocon Group in 2012. The 10 THEEDITORIAL PAGE STORMY SCENES IN COURT ROOM SC: Will hear if entire Ayodhya matter should go to big bench You were quick on polygamy, why not this: lawyer for Muslims to CJI bench ANANTHAKRISHNAN G NEW DELHI, APRIL 6 NEW DELHI, APRIL 6 TANGLE OF TRANSACTIONS ICICIBank-Videocon-DeepakKochhar agency is probing alleged quidpro-quo in the loan granted to Videocon by ICICI Bank whose CEO and MD is Chanda Kochhar. AsfirstreportedonMarch29 by The Indian Express, Videocon promoter Venugopal Dhoot formed a joint venture with Deepak Kochhar, loaned him Rs 64 crore before he transferred ownership of the lending entity to him for just Rs 9 lakh. This transfer happened six months after the Videocon Group got a loan from ICICI Bank. Almost 86 per cent of that loan (Rs 2,810 crore) remained unpaid and the Videocon account was declared an NPA in 2017. Sources said Kochhar was questioned on his firm Avista Advisory. As reported by The Indian Express on April 3, the company got the mandate to restructure foreign currency-denominated debt deals worth over$1.7billionof sevencompanies over the last six years. All these companies were borrowers of ICICI Bank at the same time. In at least one of these CONTINUED ON PAGE 2 Mutual respect key to Nepal ties By C RAJA MOHAN THESUPREMECourtbenchconsidering the Ayodhya title suit Friday said it will hear arguments on whether the entire matter needs to be referred to a larger bench. Duringearlierhearingsinthe matter,thebenchhadsaiditwas willingtoonlyconsiderwhether the court’s 1994 decision in the Ismail Faruqui vs Union of India His bench will resume hearing on April 27 case should be referred to a Constitution bench. In that ruling, the Supreme Court had held that “a mosque is not an essential part of the practice of the religion of Islam...” and “accordingly, its acquisition is not prohibited by provisions in the Constitution of India”. The three-judge bench, headed by Chief Justice of India Dipak Misra, told senior advocate Raju Ramachandran, who appeared for the Muslim side, that its March 14 interim order in which it said will consider the question of referring the Ismail Faruqui judgment to a larger bench “will not possibly close our hands”. The hearing will resume April 27. SILAO (NALANDA), APRIL 6 A NEIGHBOUR COMES CALLING Prime Minister of Nepal K P Sharma Oli arrived on a three-day visit to New Delhi on Friday. He was received by Union Home Minister Rajnath Singh at the Indira Gandhi International Airport. Amit Mehra PAGE 7 NEW DELHI, APRIL 6 THE GOVERNMENT has called a meeting of all 20 IIM directors next week to discuss the concerns flagged by them with regard to the rules being drafted under the IIM Act. The IIM directors will meet HRDMinister PrakashJavadekar on April 11 to discuss, among other things, their suggestion to have either the President, Vice President, or the minister head the IIM Coordination Forum — the IIM equivalent of the IIT Council, which is the highest decision-making body of the IITs. Interestingly, the first draft of theIIMBillhadtheHRDMinister as the head of the Coordination Forum, but this was dropped at the behest of the Prime Minister's Office (PMO), which wanted the body to be chaired by an eminent person. IIM directors, The Indian Express has learnt, also want the committeedraftingtheIIMrules tolaydowntheeligibilitycriteria RASHMI RAJPUT BY UNNY MUMBAI, APRIL 6 BJP president Amit Shah in Mumbai, Friday. Prashant Nadkar Shah on Opp: Snakes, dogs flee Modi flood Addressing party MPs on the last day of the Budget session, sources said, the Prime Minister urged them to “remind people that the BJP was the party that took measures to honour Ambedkar and for the welfare of Dalitswhileotherpartieslimited their love for Dalits to speeches”. He urged them to “celebrate Ambedkar Jayanti (April 14) in a big way” in their respective constituencies, said sources. On April 13, a day before the 127th birth anniversary of the Dalit icon, the Prime Minister is CONTINUED ON PAGE 2 EXPRESS NEWS SERVICE MUMBAI, APRIL 6 STEPPING UP his attack on Oppositionparties,BJPpresident Amit Shah on Friday compared them to snakes and mongoose, cats and dogs, all traditional rivals now forced to come together on a tree to escape the “flood” of Prime Minister Narendra Modi in the 2019 Lok Sabha elections. Later, Shah sought to explain hisremarksbysayingthathehad referredtopartiessuchasSP-BSP and Congress-TMC, which are ideologically on opposite sides but forced to come together to counter “Modiji’s influence”. The remarks drew a furious reaction from the Congress with senior leader Anand Sharma describing it as “shameful” and “condemnable” and reflective of the BJP’s “mindset”. AddressingarallyinMumbai to mark the BJP’s 38th foundation day, Shah said, “2019 ke karykram ki shuruvat ho gayi hain. Sara vipaksh avahan karta CONTINUED ON PAGE 2 MORE REPORTS, PAGE 3 THE CBI, which examined former RBI deputy governor H R KhanFriday,planstowritetothe Ministry of Finance for details of the80:20schemerelatedtojewellery imports. The CBI suspects the scheme benefited diamantaire Nirav ModiandhisuncleMehulChoksi who are at the centre of a probe into alleged fraudulent transactions of over Rs 13,000 crore at the Punjab National Bank (PNB). Officials said the agency’s scrutiny of the 80:20 scheme waslimitedonlytothePNBcase. “The questions concerned only the said cases,” an official said. Sources said Khan was asked about the 80:20 scheme. (ENS adds from New Delhi: Khan told The Indian Express “it will be wrong to say that CBI has questioned me... CBI had an enquiry about a particular circular issued bytheRBIbasedonadvice received from the Ministry of Finance in 2014. It was regarding CONTINUED ON PAGE 2 THERE WAS forewarning. And based on it, the administration took decisions. Yet, when March 28 arrived, one narrow street in the town of Silao in Nalanda, the home district of Bihar Chief Minister Nitish Kumar, came under siege. Members of a Ram Navami procession,policepersonneland Muslims who live along this street fought pitched battles. Stones flew in every direction, lathichargesfollowedandteargas shellswerefired.Ninetyminutes ofclasheslater,20people,including policemen, were injured. Andstrewnacrossweresigns of premeditation and administrative failure. More than a week later, Silao is still picking up the pieces. Senior officials in Nalanda told The Indian Express that in a dis- GOVT & POLITICS EXPRESSATCWG2018 ● HOUSE BUDGET MIHIR VASAVDA GOLD COAST, APRIL 6 FOR THE world, she is the pioneer of women’s weightlifting. In her country, she is a national (From left) Silver medallist Dika with India’s gold winner Sanjita Chanu and Canada’s Rachel Leblanc-Bazinet. AP BETWEEN THE FAULTLINES BIHAR PART-1 trict not new to communal tension,theguardwasupeversince March 26 when an estimated 25,000 people participated in a Ram Navami procession in the heart of Bihar Sharif, the district headquarters. “Processionslikethese,organised by the Bajrang Dal, are fairly newtoBiharSharif.RamNavami has always been celebrated, but a procession such as this started CONTINUED ON PAGE 2 NEW DELHI, APRIL 6 A TWO-FRONT threat from Pakistan and China, modernisation of armed forces amid budgetary constraints and the government’spushforMakeinIndia in defence. Just seven months since she becamethefirstwomantoindependently hold charge of the Defence Ministry, Nirmala Sitharaman has her hands full. Andwithbarelyayearleftforthe next general elections, she doesn’t have much time to deliver. OnSaturday,Sitharamanwill be the guest at the Express Adda in Mumbai. The Express Adda is a series of informal interactions organised by The Indian Express Group and features those at the centre of change. Born in Madurai into a middle-class family, Sitharaman completed her Masters in Economics from JNU. Her mother-in-law was a Congress Papua New Guinea weightlifting star’s story bears uncanny resemblance to Bollywood movie on Haryana wrestler Geeta Phogat then. Nearly two decades later, the mother of two still remains athreattohercompetitors,some of them half her age. On Friday, she was narrowly beaten to the gold by India’s 24-year-old Sanjita Chanu. Thesilver,however,wasgood enoughforthemotleyPNGcrew, all in their colourful Hawaiian shirts, to break into an impromptu celebration on the lawns outside the weightlifting auditorium at the Carrara Stadium. “Dika has inspired a generation of athletes in PNG, BIHAR Nalanda EXPRESS NEWS SERVICE A DANGAL ECHO FROM PACIFIC, A SILVER AT GAMES treasure. For her villagers, she is the Dangal girl. When the Bollywood movie based on Commonwealth Games gold medallist Geeta Phogat hit TV screens in Hanuabada, a coastal village on the outskirts of Papua New Guinea (PNG) capital Port Moresby, it was as if the story of Dika Loa Toua was being played out. Dikaisaweightliftinglegend. At Sydney 2000, she became the first woman weightlifter at the OlympicGames.Dikawasjust16 Patna Sitharaman is guest at Express Adda today ● PAGE ONE ANCHOR CONTINUED ON PAGE 2 SESSION ENDS IN TOTAL WASHOUT, PAGE 9 CBI examines ex-RBI officer on scheme it suspects aided Nirav, Choksi BUSINESS AS USUAL NEW DELHI, APRIL 6 RITIKA CHOPRA As the dust settles on the violence in Bihar, The Indian Express returns to the spot, and discovers the faultlines DIPANKAR GHOSE LIZ MATHEW Javadekar to meet IIM directors next week The CJI said this when Ramachandrandrewthebench’s attention to the March 14 order andsaidwhenhehadthenraised the demand for referring the Ayodhyamattertoalargerbench, thejudgeshaddescribedhissubmission as “very ambitious” and said it “will consider his request at an appropriate stage”. The day’s hearing also witnessed high drama with senior advocateRajeevDhavan,whohas raised the demand for referring CONTINUED ON PAGE 2 In Nitish backyard, a town sees its first Ram Navami rally, and a street battle Organisers of the procession insisted that it be allowed to go through Muslim-dominated Kadhagali in Silao. Dipankar Ghose Spend two nights in Dalit villages, restore faith: PM to BJP MPs FOUR DAYS after the Bharat Bandh by Dalit groups over the alleged dilution of the SC/ST Atrocities Act amid increasing unrest within the community, Prime Minister Narendra Modi askedhisparty’sMPstospendat least two nights in Dalit-dominated villages and “restore” the faith of the community in the BJP. The Prime Minister’s call on the party’s 38th foundation day cameevenasBJPpresidentAmit Shah reiterated at a rally in Mumbai that the party would not let the reservation policy be scrapped. “ThePrimeMinisteraskedall party MPs to spend two nights in villages between April 14 (the birth anniversary of B R Ambedkar) and May 5. He told them to pick at least one village withover50percentpopulation of SCs,” said a BJP MP who attended the meeting. According to sources, the Prime Minister pointed out that there are “more than 20,000 such villages in the country”. JOURNALISM OF COURAGE breaking stereotypes and has proven that women can be highly successful in the sporting arena as well. Just like your girls have done in wrestling,” says John Dawanincura, secretary general, PNG Olympic Committee. Dawanincura, also the president of PNG’s weightlifting federation,sayshewasremindedof Dika when he saw ‘Dangal’ two years ago because of the similarityof theirachievementsandthe social structure in their villages. CONTINUED ON PAGE 2 Nirmala Sitharaman MLA and her father-in-law a ministerintheCongressgovernment in Andhra Pradesh in the 1970s. A founding member of Pranava, a reputable school in Hyderabad, she was nominated as a member of the National Commission for Women during the NDA government from 1998 to 2004. CONTINUED ON PAGE 2 7 EXPRESS NETWORK COURTASKSFORCASE RECORDS,HEARINGON SALMANBAILTODAY ● Abducted youth found beheaded near Valley town
Indian Express Limited is an Indian news media publishing company. It publishes several widely circulated dailies, including The Indian Express and The Financial Express in English, the Loksatta in Marathi and the Jansatta in Hindi.