DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA CBI ALLEGED CHEATING, CONSPIRACY Day after Kochhar FIR, Jaitley’s swipe at CBI: Journey to nowhere? EXPRESS NEWS SERVICE NEW DELHI, JANUARY 25 The Indian Express Wishes Its Readers Happy Republic Day We are closed today. There will be no edition of the newspaper on Sunday, January 27, 2019. The Sunday magazine, Eye, is being distributed today. IE RTC-PRAYAGRAJ KUMBH is evident from the government’s decision to confer the Padma Bhushan on the late Kuldip Nayar, The Indian Express CONTINUED ON PAGE 2 MUMBAI, JANUARY 25 AHEAD OF Lok Sabha polls, the BJP government in Maharashtra has proposed the allotment of primelandinsuburbanMumbai for a proposed high-rise for a housing society for journalists. Also, Chief Minister Devendra Fadnavis has announced that 50 per cent of the homes in this high-rise will be reserved for those covering state affairs and politics. Records show that the government planned the exclusive housing scheme for journalists on a parcel of size 33,417 sq ft in Kandivali following a request by theChief Promoterof aproposed journalists’ housing society now If we include entire who’s who of banking, what cause are we serving or actually hurting, Minister writes from US CHIEF GUEST ARRIVES South African President Cyril Ramaphosa and First Lady Tshepo Motsepe with President Ram Nath Kovind, First Lady Savita Kovind and Prime Minister Narendra Modi at Rashtrapati Bhavan, Friday. President Ramaphosa is chief guest at the Republic Day parade. Praveen Khanna Prime Mumbai plot for public housing goes to journalists: Govt’s gift SANDEEP ASHAR `5.00, WWW.INDIANEXPRESS.COM SINCE 1932 Pranab Bharat Ratna, Padmas for 1984 riots, Emergency crusaders Highest award for Mukherjee, Hazarika, Deshmukh REG.NO. MCS/067/2018 - 20 RNI REGN. NO. 1543/57 JOURNALISM OF COURAGE SATURDAY, JANUARY 26, 2019, MUMBAI, LATE CITY, 28+6 (EYE) PAGES IN A break from the pattern of conferring the Bharat Ratna to ideological fellow travellers of thepartyinpower,theNDAgovernment of Prime Minister Narendra Modi Friday announced the Bharat Ratna for former president and Congress veteran Pranab Mukherjee. Bharatiya Jan Sangh leader Nanaji Deshmukh and singer Bhupen Hazarika will also be conferred the Bharat Ratna posthumously. The political significance of the awards this year ● ENS ECONOMIC BUREAU NEW DELHI, JANUARY 25 10% quota: No stay, SC issues notice to Centre ANANTHAKRISHNAN G NEW DELHI, JANUARY 25 enrolled as Navodaya Patrakar CHS Ltd. Ironically, the land parcel in question is earmarked for mass public housing — a Mumbai Metro rail route is coming up nearby. Confirming his move, Fadnavis said: “For the past several years, journalists haven’t been allotted any space in Mumbai and most of them can’t afford to purchase homes at market rates. There was a constant demand from members of the electronic and print media for the same.” The state’s decision is to offer over 250 homes on ownership basis for journalists. The state-run Maharashtra Housing and Area Development DECLINING TO stay the ten per centreservationintroducedbythe BJP-led NDA government for the economically weaker section of thegeneralcategory,theSupreme Court Friday issued notice to the central government and said it “willexamine”whetherthemove was constitutional. “We will examine... Issue notice,returnableinfourweeks.No stay for the present. The matters CONTINUEDONPAGE2 DEMOLITIONOF NIRAV MODI’S BUNGALOW BEGINS INALIBAUG PAGE 7 Ayodhya hearing: CJI reconstitutes bench ANANTHAKRISHNAN G NEW DELHI, JANUARY 25 MAHARASHTRA CONTINUEDONPAGE2 UNION MINISTER Arun Jaitley tookaswipeFridayattheCentral Bureau of Investigation’s probe intotheICICIBankcasecallingita case of “investigative adventurism” that had digressed from focusingonjusttheprimarytargets. “Sittingthousandsof kilometers away, when I read the list of potentialtargetsintheICICIcase, the thought that crossed my mind was again the same — Instead of focusing primarily on the target, is a journey to nowhere (or everywhere) being undertaken? If we include the entire who’s who of the Banking Industry — with or without evidence—whatcauseareweserv- ing or actually hurting,” Jaitley wrote in a blog Friday. In a message directed at the Bureau, Jaitley said: “My advice toour investigators—Follow the advice of Arjun in the Mahabharat — Just concentrate on the bull’s eye”. Jaitley’s remarks come a day after the investigating agency, which booked formerICICI Bank Ltd chief executive Chanda Kochhar, her husband Deepak Kochhar and Videocon group managing director Venugopal Dhoot for alleged criminal conspiracy and cheating on Thursday, also recommended investigating senior officials of the Bank who were part of its loan sanctioning committees in the past. These included current CEO FOURDAYSbeforepetitionschallengingtheAllahabadHighCourt orderontheRamjanmabhoomiBabri Masjid title suit were to come up, Chief Justice of India Ranjan Gogoi Friday reconsti- tuted the Supreme Court bench that will hear the appeals. Justices Ashok Bhushan and S Abdul Nazeer, who were on a three-judgebenchlastyearwith then CJI Dipak Misra when the Ayodhya matter was raised, are now on the five-judge bench along with CJI Gogoi and Justices A SALUTE TO A NATION ON THE RISE. CONGRATULATING INDIA ON REPUBLIC DAY. w w w. ra f a l e. co. i n OVER 60 YEARS. TO O FA N I MYSTERE IV 6 AIRCRAFT ALIZE JAGUAR TYPES. 1 N AT I O N MIRAGE 2000 R A FA L E CONTINUED ON PAGE 2 Sandeep Bakshi; former ICICI Bank executive director K. Ramkumar; Goldman Sachs India Chairman Sonjoy Chatterjee; MD and CEO of ICICI Prudential Life N S Kannan; Standard Chartered Bank CEO Zarin Daruwala; Tata Capital head Rajiv Sabharwal; New Development Bank president K VKamathandTataCapitalsenior advisor Homi Khusrokhan. On these names, the CBI FIR statedthat“theroleof thesesenior officers of the sanctioning committee may also be investigated”. Jaitley, in his blog, indicated that “one of the reasons why our conviction rates are poor is that adventurism and megalomania overtakes our investigators and Shares tumble, Zee group chairman sends out SOS to lenders ENS ECONOMIC BUREAU NEW DELHI, JANUARY 25 FACING REPAYMENT pressure on an estimated debt of Rs 20,000 crore, Zee and Essel Group chairman Subhash ChandraFridayapologisedto his “bankers, NBFCs and mutual funds” for not living up to their expectations “despitethe bestof my intentions”. In an open letter, hours after Zee’s flagship company Zee Entertainment’s share crashed over 25 per cent alongside a fall in other listed companies of his group, Chandra blamed certain “negative forces” for attacking the share price and “sabotaging CONTINUEDONPAGE2 BUSINESS AS USUAL BY UNNY CONTINUEDONPAGE2 Going back to judgesonthe original bench JUSTICES BHUSHAN and Nazeer were part of the threemember bench headed by former CJI Dipak Misra when the case came up last year. Both were excluded when CJI Gogoi expanded the bench to make it a five-member one with four judges, all in line to become Chief Justices. But the recusal of Justice U U Lalit cleared the way for a new bench and brought in Justices Bhushan and Nazeer.
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