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DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA ● REG.NO. MCS/067/2018 -20RNI REGN. NO. 1543/57 JOURNALISM OF COURAGE MONDAY, NOVEMBER 30, 2020, MUMBAI, LATE CITY, 16 PAGES SINCE 1932 `5.00, WWW.INDIANEXPRESS.COM Amid divestment plans, PSUs lag in ` 88 per kilo market rally, FPIs ` 116 per kilo ` 142 per kilo show little interest ` 62 per Dozen SUNNYVERMA& SANDEEPSINGH UP law sees NEWDELHI,NOVEMBER29 first case: Kin AMID THE relentless rallyinthe stockmarket,institutional in- Aworryfor vestors seem to have largely of 20-yr-old voteddowngovernment- theMinistry ownedcompanies. Their stock move against prices continue to languish, un- STOCKPRICESOFgov- Farmer leaders hold apress conference at Singhu Border on Sunday. GajendraYadav WHEREAPOSSIBLEBREAKTHROUGHMAYLIE,EXPLAINED,PAGE11 likethose of leading private sec- ernment-ownedcom- Muslim friend torcompanies. panies and bankscon- The PSUs have shown signif- tinue to lag behind CREATE AWARENESS: PM ON MANN KI BAAT icant lag in performance despite private peers, and have the broad recovery in the mar- been trading sharplybe- MANISHSAHU ketssince April 2020. lowtheir peak value of LUCKNOW,NOVEMBER29 While the BSE Sensexhas recent years. Lowvalua- Newlawshelpfarmers,sayPM,Shah; risen by 50 per cent between tions areanissue forthe ADAY afterthe newanti-conver- March 31 and November 24,the government because it sion lawcame intoforce in Uttar BSE PSU indexhas risen by only has aheavy disinvest- Pradesh, the police on Sunday 18.7 per cent. In fact, the BSE mid ment agenda linedup. registeredits firstcase under it. cap and small cap indices have The Finance Ministryis Owaisi Ahmed, 24,was booked keyMinistersmeetonwayforward jumpedby60per cent and 75.6 said to be looking at by the Deorania police in Bareilly per cent respectively in the same ways to improvethe forallegedly pressuring aHindu period. market value of govern- woman to convert,and threat- Reforms openeddoor to newpossibilities, With the government look- ment companies. ening her parentswhen theyob- BUSINESSASUSUAL Farmers refuse to move, ing to raise funds through divest- jected. says Modi; Home Secy tells farmers to go ment of stakeinsome of these The familyofthe 20-year-old to designated protestsitefor early talks BY UNNY say will intensify protest PSUs, the issue of lowvaluation value afterthe pandemic im- woman lodged the complaint. has come up fordiscussion in the pacted marketsinMarch 2020, The police said theyhad not AgricultureMinisterNarendra Border —through whichthe Finance Ministry. Sources said HDFC Bank and KotakMahindra been able to find Ahmedyet. EXPRESSNEWSSERVICE Singh Tomar metatBJP presi- AMILBHATNAGAR highway to Haryana, the government has been look- Bank have had fresh record Preliminaryinvestigation has NEWDELHI,NOVEMBER29 dent JP Nadda’s residence. &JIGNASASINHA Chandigarh, and onward to ing at ways to improvevaluations highs in recent days and several indicated the twowereinarela- In his Mann Ki Baat address, NEWDELHI,NOVEMBER29 Himachal Pradesh and Punjab in line with the book value and other private sector bankshave tionship, and had elopedlast AS FARMERS from Punjab and Modi said demands of farmers, passes —tochalk out their profitability of the companies. done well. year,beforetheywerefound and Haryana, seeking repeal of the promisedatone time or an- REJECTINGTHE Centre’s invita- course of action. In the evening, State-ownedbanks, which Even the Nifty CPSE indexis brought back.While Ahmedhad newfarm laws,continuedto other by everypolitical party, tion forconditional talks, farm- theyannouncedatapress con- were expected to benefit in down almost46per cent from been arrested then too, the protestatthe gatesofDelhi, Prime had been metthrough these ers camping at the Delhi- ference that theywould block- terms of market value aftera itspeak of 2,795 recordedin woman had deniedthe charges MinisterNarendraModi and laws.Heasked the youth, “es- Haryana border reiterated their ade five pointsofentryintoDelhi spateofamalgamations and 2018.While state-ownedfirms of kidnapping lodged against Home MinisterAmit Shah backed peciallythose studying agricul- demands on Sunday, and said —Sonipat, Rohtak,Jaipur, capital infusion, have seen a have lagged behind their private him by her father. the laws Sunday, saying they ture” to go to villages, and cre- theywould notvacatethe arte- Ghaziabad-Hapur,and Mathura steady decline in value. The Nifty peers in terms of performance in The woman wasmarriedoff were forthe benefit of farmers. ateawareness among farmers rial GT Karnal highway. —inthe coming days. PSU Bank index, forinstance, is the pastaswell, the differential by the familytosomeone else in Lateatnight, Shah, Defence about the newlaws. Farmers’ groups held discus- The farmers have been down 64 per cent from itspeak between their market perform- April this year. MinisterRajnath Singh and CONTINUEDONPAGE2 sions at Delhi's northern Singhu CONTINUEDONPAGE2 of 4,327in2017. ance has been widening in re- IG, BareillyRange, Rajesh While manyprivate banks cent years. CONTINUEDONPAGE2 also sawasharp decline in share CONTINUEDONPAGE2 PSUs LAG IN PERFORMANCE MaharashtraChief Minister Uttarakhand’s unique UddhavThackeray and son Mar31 Nov27 Change AadityaonSunday BSEPSU 4,498.12 5294.9 17.7 bridge to help reptiles inspected ongoing work at BSESensex 29,468.49 44149 49.8 Worlifor the 10-km long southern section of the BSEMidcap 10,569.93 16914.6 60.0 cross busy jungle road coastalroad project in BSESmallcap 9,608.92 16875.2 75.6 Mumbai. Theyalso visited lizards, snakes including work sites near LALMANIVERMA pythons, rodent squirrels, and Priyadarshini Park (Malabar DEHRADUN,NOVEMBER29 monkeys, and the crushedre- Hill) and BreachCandy. Atmanirbhar push in mains of reptiles arefrequently Courtesy:AadityaThackeray’s THE UTTARAKHAND Forest found on the highway. Twitter handle Department has built afirst-of- The 5-foot-wide, 40-foot- bullet train: Industry its-kind ecobridgeacross abusy high bridgecan take the weight highway in Ramnagar forest di- of three adult humans,and forest INSIDE vision of Nainital district so that officials said theyhopeditwould told to build substitute reptiles trying to cross over are be usedbyevenleopards. FOR SHIV SENA AND notcrushedunder traffic. The bridge, whichwill be put BJP, BATTLE The 90-foot-long structureof in sight of four cameratraps, will for made-in-China tech bamboo, jute, and grasses was be studiedasamodel by the FOR MUMBAI WILL built across the two-lane Forest Department, Ramnagar DOMINATE 2021 Kaladhungi-Nainital highway by Divisional Forest Officer (DFO) PAGE 3 AVISHEKGDASTIDAR local contractors over aperiod of ChandraShekhar Joshi said. NEWDELHI,NOVEMBER29 10 days at acostofRs2lakh. The bridgehas been strung at The highway is the main apoint wherethe road arcs in a AS THE corporation building the routetoNainital, and is usedby wide ‘U’, and vehicles going country’s firstbullettrain project alarge number of vehicles espe- downhill oftentravelathigh CoBRA officer was to come home EXPERT pushes forIndian firms shoulder- ciallyinthe touristseason. The speed. It is expected that by EXPLAINS ing three-fourth of the work, jungle is home to monitor CONTINUEDONPAGE2 for birthday, late Diwali celebration Indian industryhas been urged Dr KSrinath to come up with an alternative to Reddy the high-techmachines needed While the 33-year-old diedof FromTheIndianExpresspanel to construct viaducts(elevated Work is on at the Sabarmati GARGIVERMA injuries sustainedinthe IED ofspecialists,exclusiveinsight structures) at the desired pace, hub of the bullettrain. File &SRINATHRAO blast, sevenCoBRA personnel whichare currentlymade onlyin RAIPUR,MUMBAI, were injured and arenow out of China. Trade with China has been NOVEMBER29 danger.The attackhappenedjust ROADTOMASS affected by the border tension in launching mechanism com- 6kmfromthe Burkapal base VACCINATION eastern Ladakh. monlyusedinIndia —while one- FAMILY, FRIENDS and colleagues campofCoBRA. The megacarrier and and-a-half girders areplacedina described Assistant Comman- The CRPF said Bhalerao had EXPLAINED PAGE 11 launcher machines, also known week with this, the Chinese ma- dant Nitin PBhalerao, killedina fought on forseven hours de- as Transporter, Gantryand Full chines enable twogirders aday. MaoistattackinSukma, spitelosing alot of blood. THE EDITORIAL PAGE Spam Launcher machines, are Eachmachine costs around Chhattisgarh, on Saturdaynight Nitin PBhalerao, 33,diedin The Assistant Commandant’s ubiquitous in China’s large-scale Rs 70-80 crore. The bullettrain as someone who strove to be the aMaoistattackinSukma cremation on Sundayevening at Q2 DATA: ONWARDS connectivity projects. Typically, a project will needupto30such best at whatever he did, and who Nashik drew friends and locals, vehicle carrying afull girder trav- machines, Achal Khare, ledfromthe front. Tenyears ago, apartfromfamilymembers. AND UPWARDS els on an already launchedgirder Managing Director of the he ranked firstinbasic training warfaretraining afterbeing in- Bhalerao is survivedbyhis BY SOUMYA KANTI GHOSH to place the next girder under this National High SpeedRail The 90-ftecobridgeonKaladhungi-Nainital highway. Express as aCRPF Sub-Inspector,and re- ducted intothe force’s elite mother Bharti, wifeRashmi, PAGE 12 technology.The speedisalmost Corporation (NHSRL), said. peated the distinction in jungle CoBRA unit. CONTINUEDONPAGE2 seventimes that of the girder CONTINUEDONPAGE2 PAGE1 ANCHOR Serving free hot meals, 10 emerge as Arunachal