SINCE 1928 EDMUND DUMPS DJOKOVIC; BERTENS STUNS WOZNIACKI IN MADRID OPEN Pg 21 Fast News CAN ALGAE FLY: SC QUERY TO ASI NEW DELHI: The Supreme Court on Wednesday came down heavily on the Archaeological Survey of India for its failure to take appropriate steps to protect and preserve the iconic Taj Mahal. ‘‘The problem is that ASI is not willing to accept that there is a problem. This situation would not have arisen if the ASI had done its job," the court remarked. In a snappy exchange with the judges, the ASI said algae were a "big problem" and responsible for the discolouring of the dome of the monument. "But how has algae reached the top parts?" the court wondered. "It flew there," replied the Archaeological Survey, after which the court countered: "Can algae fly?" EARLY START TO IPL PLAY-OFFS NEW DELHI: The IPL Governing Council has decided to tweak the timings of playoffs and the final match in the ongoing edition of the tournament. Confirming the news, IPL chairman Rajeev Shukla said that the playoffs and summit showdown will now begin at 7 pm instead of the usual time of 8 pm. Transgenders don’t need gender docs for PAN: I-T New Delhi: The Income Tax department said that those seeking a PAN card under the transgender category do not need to furnish any documents specifying their gender. Supporting documents will not be needed in the filing of fresh application or for those wishing to change their sex in an existing card, it clarified. Till now, PAN application forms only specified two gender categories -- male and female. The CBDT had effected the change in view of representations from the transgender community. TAILPIECE MAHARANA LOSES TO AKBAR YET AGAIN A poster with 'Maharana Pratap Marg' written on it was on Wednesday found pasted on an Akbar Road signboard in Lutyens' Delhi, prompting the Delhi Police to remove it and register a case. Among others, several Union ministers, BJP chief Amit Shah and the Congress party office are situated on this road, which is under the New Delhi Municipal Council jurisdiction. So far, nobody has claimed responsibility for the defacement which comes on the birth anniversary of the Mewar warrior. However, this is not the first time Akbar Road signboard has been defaced. In 2016, too, Akbar Road signboards were defaced and posters of 'Maharana Pratap Marg' were put up. Hindu Sena, a rightwing outfit, had then claimed responsibility for the act. Two years ago General V K Singh (retired) had written to the Union Minister for Urban Development, proposing that Akbar Road be renamed the Maharana Pratap Road. RANVEER ASPIRES TO BE A VERSATILE ACTOR, SURPRISE HIS AUDIENCE Pg 20 THOUGHT FOR THE DAY The greatness of a country depends on the greatness of just a few Souls. WALMART FLIP(S), TO Cop’s son has ghastly end at PAY $16 BN FOR KART city rave party EDIT Pg 8 Biggest ever deal in e-commerce; retail giant eyeing vantage position in a market that will be worth $ 200 billion in a decade FPJ NEWS SERVICE Mumbai The biggest ever deal in the e-commerce world has been clinched. Walmart has acquired a controlling 77 per cent stake in Flipkart for a whopping $16 billion. The deal will help the US retail giant — which has seen consumers migrate to online platforms like those run by Amazon — get a vantage position in a market that is expected to be worth $ 200 billion in a decade. Flipkart commands a 40 per cent share of the online retail market, ahead of Amazon. The company also has 100 million registered users and sells 8 million products across 80-plus categories. Walmart's investment includes USD 2 billion of new equity funding, which will help Flipkart accelerate its growth. Discussions are on with Google parent Alphabet Inc, which is keen to be a po- tential investor. Flipkart co-founder Binny Bansal will continue to have a toehold with 5 per cent stake but co-founder Sachin Bansal will be formally exiting the company . Japan's SoftBank is also making its exit by selling its entire 20 per cent stake. Sachin and Binny who are , not related and formerly worked for Amazon.com, began by selling books when they founded Flipkart. More important, Flipkart will retain its distinctive brand: at least this is the indication that Walmart is giving. Walmart is not new to the business; rather, it is the world's biggest retailer in terms of revenue. But it has been largely restricted to 'cash-and-carry' wholesale business. Acquiring a stake in Flipkart will help Walmart dip into the India's retail market without building stores. Walmart's Krish Iyer will be the CEO of the company which will continue to be based out of Bengaluru. The deal is subject to clearance from the Competition Commission and other regulators. It is expected to close later this year. India's e-commerce market is tipped to grow to $200 billion in a decade, according to global financial services company Morgan Stanley as , cheap mobile data makes online shopping increasingly accessible. CONTD. ON P6 Master Choa Kok Sui DIWAKAR SHARMA Mumbai Selling books online to Binny Bansal and Sachin Bansal dream start-up in 11 yrs AGENCIES New Delhi From selling books online to striking a jaw-dropping USD 16 billion deal with the world's largest retailer Walmart, all within 11 years, Flipkart has given India its big start-up success story the one which is likely to be quoted by starry-eyed entrepreneurs for years to come. Former employees of US ecommerce giant Amazon, Sachin Bansal and Binny Bansal, had met in 2005 at IIT-Delhi. Flipkart was launched in October 2007. The idea was simple. Consumers could shop online and get books delivered to their doorstep. Flipkart registered 20 shipments in the year of its debut. It wasn't an easy road as Internet penetration was abysmally low and e-commerce, unheard of. Bricks and mortar retailers were not threatened and many dismissed e-tailing as a foreign concept saying that Indians want to touch and feel' whatever they buy . CONTD. ON P6 THE DEAL WAS GREETED WITH SOME AMOUNT OF SKEPTICISM ON WALL STREET WITH WALMART SHARES DOWN BY 4% A 20-year-old son of a police officer was brutally killed, possibly during a rave party that went awry His body has . been found near the lake in Royal Palms in Aarey Colony of Goregaon (East). Atharva’s father Narendra Shinde is a senior inspector in the Economic Offences Wing. There are several injury marks and abrasions on the body which was found on Wednesday morning. He had badly bruised black eyes, as if he had been battered with punches. The body was sent to Siddharth Hospital in Goregaon (west) for post-mortem examination where the doctors said he was punched all over. “There were lacerations on his private part and the anus was bleeding as if something had been inserted,” the doctor said. The doctor said there were also contusions to his ribs and lungs. Atharva, who was studying sound engineering in a Pune college, left home on Sunday to attend a birthday party of a common friend in Aarey Colony , where over two dozen youth, all in the 18-21 age group, had gathered. First signs of an opposition rainbow coalition for bypoll Cong won’t contest, joint candidate by SP, BSP and RLD in Kairana Lok Sabha by-poll JUDGE RECALLS PENSION WOES NEW DELHI: Supreme Court judge Justice DY Chandrachud, son of late CJ Chandrachud, is part of the 5-judge constitution bench, which is hearing a batch of petitions challenging the constitutional validity of the Aadhaar scheme. Recalling his experience, Justice Chandrachud said "My mother, who was suffering from Alzheimer's was entitled to family pension. She had to give a thumb impression for authentication. Every month the bank manager would come home and affix her thumb print on documents and only then could she get the pension. So it (authentication) is a serious issue. It's not largesse. It is not charity...we have to find answers for these problems," he said, adding that there was a class of needy people who may not get the benefits due to authentication failures. `2 Sunrise: 06:10 am Sunset: 07:00 pm Vol. 62 No. 12 | THURSDAY | MAY 10, 2018 | 22 Pages EDITIONS : MUMBAI*, PUNE, INDORE, BHOPAL www.freepressjournal.in twitter.com/fpjindia RAHUL GANDHI’S WISH REG. NO. MCS/048/2018-20; RNI NO. 1541/1957 M.P.C.S office Mumbai-400001 WEATHER 350C. 260C. FROM OUR BUREAU New Delhi ROAD RAGE: Taxi occupant is killed with paver blocks Just because he took his time giving change to the cabbie; assaulted by 4 others who were in a tearing hurry to leave STAFF REPORTER Mumbai The city on Wednesday witnessed a bizarre incident of road rage with four persons assaulting a 36-year-old craftsman with paver blocks, just because they did not have the patience to wait while an occupant of a taxi paid the cabbie. The incident occurred at 2:30 a.m. The victim, Surendra Singh, a resident of Chembur, had come to Crawford Market for shopping along with two friends - Ram Babu Savita (23) and Brij Singh (24). After the shopping, they took a taxi. At Kailash Mandir in Chembur, the three minor accused -- aged 17 and 16 -- and their adult accomplice were in a tearing hurry to get into the taxi after the victims had alighted. While Singh was paying the fare, the four accused, who were sitting in the taxi now, asked the driver to hurry . Singh, however, did not have change and took his time. Meanwhile, the four accused started abusing the victim. In a fit of rage, 17 yearthe old accused picked up a paver block from the road and hit Singh on his head. Soon after, his friends also joined in the assault and hit Singh with paver blocks. They also assaulted Singh’s friend Ram Babu. Their associate Brij was horrified at the turn of events and ran away from the spot. Later, one of the accused hijacked the taxi and drove away Singh’s friends called . up the police control room and admitted him at Lokmanya Tilak hospital at Sion, where he succumbed to injuries. Surendra and his friends are natives of Unnao in Uttar Pradesh and resided at Chembur. The accused and his three friends are residents of Indira Nagar, also in Chembur. According to Shahaji Umap, Deputy Commissioner of Police (Zone 7), “The four accused have been arrested. The three minors have been sent to the Dongri observation home while the adult accused has been remanded to police custody of four days. They have been arrested for murder (Section 302), punishment for voluntarily causing hurt (Section 323), intentional insult with intent to provoke breach of the peace (Section 504) and common intention (Section 34) of the Indian Penal Code. The Opposition has joined hands in the most critical state of Uttar Pradesh with the Congress on Wednesday extending its support to a joint candidate fielded by the Samajwadi Party the , Rashtriya Lok Dal and the Bahujan Samaj Party in the Kairana Lok Sabha by-election. The development quashes speculation that the Congress will be kept out of the grand alliance in Uttar Pradesh after the SP-BSP experience in Phulpur and Gorakhpur by-elections. In Phulpur and Gorakhpur, the Congress had not only contested separately but forfeited its deposit, deepening the impression that the SPBSP alliance didn’t need any The candidate – Tabassum Hassan, who won Kairana Lok Sabha in 2009 for the BSP – is currently a member of the SP but is contesting on an RLD ticket The 10,000 voter I-cards recovered from a flat in a constituency in Karnataka are not fake, said Election Commission sources. However, The more incriminating find was the discovery of detailed survey formats with family names, electricity meter numbers, mobile details, caste, voter ID, Aadhar ID, Widow ID, Old age ID, BPL card details, etc. TRUMP CALL ON IRAN WILL HIT INDIA FPJ NEWS SERVICE Mumbai further prop. A senior Congress leader said there was complete understanding even in those byelections but the SP and BSP finalised the deal very late and so the Congress did not pull out its candidates. Congress President Rahul Gandhi is in constant touch with SP president Akhilesh Yadav and RLD's Jayant Chowdhary while his mother Sonia has a personal rapport with BSP supremo Mayawati. No wonder, therefore, that the BSP's alliance with JD-S in Karnataka didn't provoke the Congress to attack Mayawati, even as Rahul openly accused former Prime Minister H D Deve Gowda of working to help the BJP . Kairana has a special significance for the BJP because the by-election was caused by the death of its towering leader Hukum Singh, whose daughter Mriganka is now fighting to retain the seat. Her defeat, third in a row for the BJP , would be seen as a reversal of the BJP's clean sweep in the 2014 elections. After Phulpur and Gorakh- The name of the surveyors, phone numbers and the date of survey is also there on the format, the EC said in a brief note. This has turned the spotlight on an orchestrated political exercise to zero in on vulnerable voters and target them through inducements and middlemen. Nonetheless, the I-card find set off a war of words between the Congress and the BJP with the latter demand, ing countermanding of the poll, claiming the former was behind the racket, a charge that the Congress dismissed as a "lie". The row has erupted three days before the election with the two parties claiming the flat where the I cards were found belonged to a woman associated with the rival party . PM Narendra Modi immediately latched onto the controversy and attacked the Congress for adopting such tactics. CONTD. ON P6 Justice J Chelameswar, the senior most judge of the Supreme Court who retires on June 22, has declined an invitation from the Supreme Court Bar Association for his farewell, citing personal reasons. "I want my retirement to be a private affair,’’ Chelameswar told a TV channel. CONTD. ON P6 US President Donald Trump’s decision to pull out of the nuclear deal with Iran has pushed the global crude prices higher and that affects India in more ways than one. More so, because Iran is our third biggest supplier of crude after Iraq and Saudi Arabia. The impact is already visible in the slide of the rupee, which has breached 67 to the U.S. dollar this week. Following the US announcement, crude oil prices on Wednesday jumped to a 3year high with Brent crude being quoted at $76.75, a rise of 2.5%. Higher global crude prices have helped lift US bond yields. This, in turn, tends to make the dollar more attractive to investors. Result: there are concerns about capital outflows in emerging markets, as the prospect of higher US interest rates attracts investors to US bonds rather than riskier assets. India will also feel the impact of US sanctions on Iran at a time New Delhi and Tehran were looking at increasing their trade. In the last three years, for instance, CONTD. ON P6 They need to fill up ‘Form 1’ which details personal and basic details of students and ‘Form 2’ which gives the merit details, course choices, college preferences and choice of subjects in various streams, which will be made available only after the Secondary School Certificate (SSC) board exam results have been declared. This process usually begins in June after the re- sults are declared and students wait till then. But this time, the education department has decided to begin the process early, so that students will have more time and delays in the admission process can be avoided. Rajendra Ahire, deputy director of education, said, "We want students to fill Form 1 in May itself, so that once their results have been declared, they can im- mediately focus on filling Form 2. Now, students will not waste any time in filling personal details and can rather devote their energies to figuring out the stream, course, subjects and the college of their choice." Last year, the FYJC process was delayed for three months as eight rounds had to be conducted till the last student, who had applied, secured ad- mission. Both students and junior colleges were affected as it delayed the academic cycle, gave less time to students and teachers to prepare for first semester examinations and allowed admissions midway, even after the session had begun in July . Ahire added, “We do not want to extend the process this year and aim at sticking to the academic calendar.” Natak over I-cards in Karnataka AGENCIES / Bengaluru/New Delhi pur, Kairana is seen as a test case for the sustainability of the alliance as internal contradictions are far more complex in the western part of the state. But the choice of candidate demonstrates exceptional politico-cultural assimilation and the unwavering resolve of the leaders to stay together. The candidate – Tabassum Hassan, who won Kairana Lok Sabha in 2009 for the BSP -- is currently a member of the SP but is contesting on an RLD ticket. She joined the RLD only on May 7, after Akhilesh Yadav and Jayant Chowdhary cleared the deal. A public meeting addressed by her after filing nomination papers on Wednesday saw presence of the workers of SP BSP , , RLD and Congress. CONTD. ON P6 Atharva Shinde On Sunday night he texted his father that he won’t be able to return home as the party would go on till the wee hours on Monday His . cell phone was switched off when his father called him on Monday . Assuming that Atharva will return home by afternoon or evening, his father Narendra Shinde left for office on Monday The family . got alarmed when he did not return home by Monday night. Next morning, Shinde contacted Atharva’s friends to know his whereabouts. But he drew a blank after making inquiries, visiting the party venue and even searching in the jungle all night. On Wednesday morning, Shinde found his son’s body near a lake in Royal Palms. CONTD. ON P6 Rebel judge no to his farewell New Delhi Early start to online FYJC admissions NO HICCUPS STAFF REPORTER Mumbai Students who appeared for their Class 10 board exams can apply for admission to First Year Junior College from Thursday For the first . time, the online admission process to FYJC will begin early -- from May 10. Students can use their user ID or login ID and password to apply on the online admission portal.