THRISSUR l MONDAY l SEPTEMBER 09, 2019 l `7.00 l PAGES 30 l CITY EDITION ANDREESCU BEATS SERENA TO CLAIM US OPEN CROWN 19-year-old wins 6-3, 7-5 to become first Grand Slam champion from Canada, denies veteran record 24th FIGHTING IT OUT TILL THE END ■ 4 SMELLS LIKE TEEN SPIRIT Appearing in her 33rd Grand Slam final, and fourth since the last of her 23 major titles, Serena kept herself in the roller-coaster of a game with her booming serves and forehands. The 37-year-old clawed her way back from 1-5 to 5-5 in the second set. But Andreescu held her nerve to the end, sealing a victory with a blistering forehand return ■ ■ Andreescu became the youngest Grand Slam winner since Svetlana Kuznetsova at the 2004 US Open She improved her record over top-10 opponents this season to 8-0, and will rise to a career-high rank of World No 5 This was Serena’s second successive lost at the US Open final MAJORS TAKEN BY ANDREESCU TO WIN A SLAM, JOINT BEST WITH MONICA SELES CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI RAM RAM, RAM Vikram spotted, could be hurt because of hard lunar landing Orbiter clicks thermal image; efforts on to re-establish communication with lander EXPRESS NEWS SERVICE @ Bengaluru RAM JETHMALANI 14 SEPTEMBER 1923 — 8 SEPTEMBER 2019 Bold and witty, he was one of India’s sharpest lawyers S A N A S H A K I L @New Delhi “I am now an old man living in God’s waiting lounge.” This is how eminent jurist Ram Boolchand Jethmalani chose to describe himself on September 8, 2017 while announcing his retirement. Exactly two years later, on Sunday morning, lawyer-politician Jethmalani (95) breathed his last at his Delhi residence after being under constant medical care for the last two weeks. A rebel by nature, he was variously seen as outspoken and a maverick. Controversy was his middle name and he didn’t mince words even against the judiciary Jethmalani was seen as the beacon . of criminal law and was among India’s highest paid advocates. In a series of tweets, Prime Minister Narendra Modi, whose candidature Jethmalani had endorsed in the run up to the 2014 Parliamentary elections, called him an “exceptional lawyer and iconic public figure... He was witty, courageous and never shied away from boldly expressing himself on any subject.” The genius that he was, Jethmalani had many firsts to his credit. He became the first and the only lawyer to be allowed to practice at the age of 18 when the minimum age to practice law was 21. He held the distinction of being not just the youngest but also the oldest member of the Bar. He was 17 when he secured a law degree from the SC Shahani Law College in Karachi. Born in Sikarpur, Sindh on September 14, 1923, Jethmalani was a Partition refugee. In his legal career spanning more than seven decades, he represented many of the biggest names - from senior politicians to controversial businessmen and political assassins - in court. “His boldness set him apart as one of the finest lawyers that the country has had and his passing away is also a loss to Parliament and to the country as a whole,” recalled Attorney General K K CONTINUED ON P9 Venugopal. HIS WIT SET COURTS ON FIRE: P8 THE Vikram lander of Chandrayaan-II has finally been spotted. A thermal image from the orbiter shows it is very close to the intended landing point near the lunar south pole, revealed ISRO chief K Sivan. However, communication with Vikram is yet to be restored. “We’ve found the location of Vikram on the lunar surface. The orbiter clicked an image of the lander, but we are still trying to establish contact with it,” Sivan said. The lander was lost at 1.51 am on Saturday, just two minutes before it was scheduled to soft-land between two lunar craters, Manzinus C and Simpelius N. Sivan agreed Vikram must have had a hard landing. With time running out, scientists feel the chances of reestablishing communication with the lander would be less probable. The lander was just 2.1 km from the moon’s surface when a console at the monitoring centre at ISRO Telemetry Tracking & Command Centre (ISTRAC) in Bengaluru showed it deviating sharply from the intended track. The altitude ticker slumped from 2.1 km to 0.335 metres within a few seconds before the screen froze, indicating Vikram was dropping at a very high speed. One account says the s p o t wh e r e l a n d e r Vikram rests now is 545.3 metres from the intended landing site. However, the claim is yet to be verified by top ISRO scientists. Mobile phones of many scientists remained switched off for most of Sunday Also, ISRO is yet to release . the photo of where Vikram was found. Scientists speculate that one of the thrusters could have over-performing as the finebreaking phase began when the lander was 5 km away from the lunar surface. This, they feel, could have led to the lander to violently swerve off its course. Although the ISRO chief did not say which of the two onboard cameras of the orbiter was used, it is likely that it was the Orbiter High Resolution Camera (OHRC), which has the capability of capturing images over the course of two orbits, covering an area of 12 km x 3 km with a ground resolution of 0.32 metres. It was the OHRC that had scoured the surface and provided high-resolution images of the landing site so as to help Vikram make a safe touchdown, search as it did for craters or boulders that could have an adverse impact. ISRO to exchange notes with Israel firm ISRO is likely to exchange notes with Israeli firm SpaceIL, which lost its robotic lunar lander in a manner similar to Chandrayaan-2’s lander Vikram, just 5 months ago. Yes, we have located the lander on the lunar surface. It must have been a hard-landing K Sivan, ISRO chairman ISRO spirit in India, says Modi “On the night of Sept 7, 100 seconds after 1.50 am an incident awakened and united the entire country. Like sportsman spirit, an ISRO spirit is running in the country. Countrymen are not ready to accept negativity,” Prime Minister Narendra Modi said on Sunday The high season Express takes a look at the commercial aspect of the Onam festival which is gaining prominence | P2 EXPRESS READ Govt cancels title deeds of Joice George ROYAL PARADE Contestants pose for a photograph after the Akhila Kerala Maveli Mannan competition organised by the Cherupushpam Mission League at St George Forane Church in Kochi on Sunday | A SANESH Shah talks tough on illegal migrants staying in India Trump calls Taliban’s bluff, cancels meet Guwahati: Even as over 19 lakh people in Assam are faced with an uncertain future after being left out of the National Register of Citizens (NRC), Union Home Minister Amit Shah on Sunday said no illegal migrant would be allowed to stay in India. “People have raised various questions on the NRC. Let me assert not a single illegal migrant will be allowed to stay in the country. This is our commitment,” Shah said in his speech at the 68th plenary session of the North Eastern Council here. His comment assumes significance given the fate of those left out of the NRC. If they continue to remain excluded from the NRC even after filing appeals in the Foreigners’ Tribunals and then going to court, they have to be deported. EXPRESS NEWS SERVICE DONALD Trump ended a year of US talks with Afghanistan’s Taliban on Sunday in typical style—on Twitter. The US president said he was scheduled to hold an unprecedented “secret meeting” with the militant outfit in Camp David near Washington on Sunday, but cancelled it citing the death of a US service member in a Taliban attack in Kabul on Thursday . Authoritarian states like China usually resort to such measures to improve their negotiating position ahead of talks, but Trump called the Taliban’s bluff and said attempts to “build false leverage” would not work. His Secretary of State Mike Pompeo told CNN that the US did not rule out reopening talks but said the Taliban should “behave” and make a “significant commitment”. Some analysts called Trump’s move a face-saving measure after difficulties in the negotiations and noted that talks had gone on for two days after the Taliban attack. A report in the New York Times quoting American officials suggested the Taliban might not have agreed to the meeting. What kind of people would kill so many in order to seemingly strengthen their bargaining position? They didn’t, they only made it worse! - US President Donald Trump on the Taliban Kottayam: The state government has decided to take back the land in the illegal possession of former Idukki MP Joice George and his family members in Kottakkambur village in Idukki, ending more than five-year-long legal proceedings | P5 Kayakers drown during practice Kozhikode: Two kayakers from Bengaluru drowned while three managed to escape in Kadanthara River near Kuttiadi on Sunday. The deceased are Naveen Shetty, 41, and Elvin Lonan, 40 | P6 WITH THIS ISSUE THE ESSENTIAL CAMPUS DIGEST YOUR LIFE COACH 30 PAGES, INCLUDING 16 OF edex (TABLOID) CRZ VIOLATION AT MARADU Govt to municipality: Evict residents of 450 flats within 10 days E X P R E S S N E W S S E R V I C E @ Kochi FOUR days after the Supreme Court asked the state to demolish the five apartment complexes at Maradu for violating the Coastal Regulation Zone (CRZ) rules, the Kerala Government directed the Maradu Municipality to evict residents of the 450 At a glance flats within 10 days. An order issued by Deputy The municipality Secretary Saji Kumar on Satur- 1 has been asked to day said: “Take urgent action to invite a short tender evacuate the inhabitants in the for safe and secure buildings mentioned in the or- demolition der and rehabilitate them in coordination with the district col- 2 The government has promised the lector of Ernakulam.” The municipality has been municipality all asked to invite a short tender to assistance in select a suitable agency for the demolition, which is safe and secure demolition of expected to cost D30 the buildings which is expected crore to cost `30 crore. The governThe government ment has promised the munici- 3 seems to be pality all assistance to imple- making a face-saving ment the Supreme Court order. move and escape the The government also warned wrath of the SC disciplinary action against the Maradu Municipality, the implementing agency if it failed to carry out the eviction , drive. By issuing the order, the government seems to be making a face-saving move and escape the wrath of SC. Considering that the state chief secretary has been asked to appear in person before the apex court on September 23, the government directed the municipal secretary to furnish a detailed report by Sep● More on P5 tember 18. CPM wants govt to apply brakes on stringent Motor Vehicles Act E X P R E S S N E W S S E R V I C E @ T’Puram TAKING a strong exception to imposing hefty fines, CPM state secretary Kodiyeri Balakrishnan has requested the government to conduct a detailed study on the legal aspects of the amended Motor Vehicles Act and asked whether its implementation could be postponed temporarily . The CPM is of the opinion that hefty fines for violation is unscientific. Kodiyeri said it could prove counter productive. He said the Madhya Pradesh, Rajasthan and Andhra Pradesh governments had set aside the amendments and are moving the Supreme court against them. He said the CPM has asked the Kerala ● More on P6 Government to act in a similar manner. BIG BANK THEORY Retail borrowing set to be growth engine, but merger meant to spur large-scale lending S U N I T H A N AT T I @ Hyderabad THE potential outcome of the mass bank mergers has several theories. But a cursory look at all the 10 contenders makes one believe that more than synergies, it’s the commonality of problems that prompted the spate of shotgun weddings. Sample some of the sameness. Corporate loan growth remained flat or negative for all banks. So was deposits growth, with just one or two exceptions. All banks scurried to retail borrowers. And their farm loans are one step away from going broke, thanks to loan waivers. If research reports are anything to go by, medium-term growth is likely to be different for all four anchor banks and will be driven by retail borrowers, not large-scale project financing. This beats the pur- pose of merging banks, which was supposed to spur credit growth, particularly largescale lending. “The merger marathon will benefit in theory, only in the long run. The move will do little to directly strengthen PSBs and revive credit growth in order to provide the intended stimulus as it doesn’t directly address core issues, which will take a long time to address,” said Aakash Dattani, analyst at HDFC Securities. Worryingly, PSBs’ share in advances fell from 71 per cent in June, 2017 to 66 per cent in June, 2019. But there are no indicators by when (and how) the increasing reliance on retail and SMEs will cover the lost ground. “The asset quality of anchor banks like Indian Bank will suffer due to its merger with Allahabad Bank,” said Siddharth Khemka, Head-Retail Research, Motilal Oswal Financial Services. Similarly, deposit growth touched historic lows, and given the fierce competition from new-age banks, the needed runrate is double digits, not the pedestrian 7-8% projected growth for anchor banks post-merger. One of the root problems for PSBs, especially smaller ones, was their the lack of product differentiation. It appears all of them see potential in retail and SMEs, but without product innovation and service delivery, the mergers will yield little or no benefits. As it is, market watchers are certain that SBI and Bank of Baroda, along with private lenders like Axis, ICICI and HDFC Bank are and will be in a stronger position for the next P7 few years.
Express Publications (Madurai) Limited publishes the prestigious English language newspaper The New Indian Express from 21 centres in Tamil Nadu, Karnataka, Andhra Pradesh, Kerala and Orissa.
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