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The Free Press Journal

SC allows telecom cos credit of duty on towers, other accessories

In a relief for Bharti Airtel Ltd., Vodafone Idea Ltd. and others, the Supreme Court Wednesday held that telecom companies are entitled to central value-added tax credit of central excise duty paid on towers, their parts, green shelter, printers and office chairs.

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1 min  |
November 21, 2024
The Free Press Journal

Adani Energy to acquire 100% stake in Pune- III Transmission

Adani Energy Solutions Ltd on Wednesday said it has signed a pact with PFC Consulting Ltd for acquisition of a project special purpose vehicle - Pune- III Transmission Ltd.

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1 min  |
November 21, 2024
The Free Press Journal

Muthoot Finance Honoured with FICCI Award for Excellence in Women Empowerment

Muthoot Finance, India's No. 1 Most Trusted Financial Services Brand has been conferred with the esteemed FICCI Women Empowerment Award 2024 for promoting Career Development, Skill Development & Mentorship.

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1 min  |
November 21, 2024
The Free Press Journal

Govt initiative to expedite Chinese technicians' visas providing relief to PLI firms: Official

The government's initiative to expedite visas of Chinese technicians, whose expertise is required in Indian manufacturing firms in the PLI sector, is providing relief to such companies, a senior government official said on Wednesday.

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1 min  |
November 21, 2024
Vedanta Aluminium inks pact with GAIL for supply of natural gas
The Free Press Journal

Vedanta Aluminium inks pact with GAIL for supply of natural gas

Vedanta Aluminium on Wednesday said it has entered into a pact with state-owned gas utility GAIL (India) Ltd for supply of natural gas to its smelter at Jharsuguda in Odisha.

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1 min  |
November 21, 2024
The Free Press Journal

EPFO net member addition up 9.33% to 18.81 lakh in Sep

Retirement fund body EPFO logged 9.33% growth in net member additions in September at 18.81 lakh compared to the year-ago month, showed payroll data released on Wednesday.

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1 min  |
November 21, 2024
The Free Press Journal

Adani Green Energy offers dollar bond again after earlier deal postponed

Billionaire Gautam Adani's conglomerate kicked off a dollar bond sale Wednesday after postponing an offering last month when some investors pushed back on pricing, Bloomberg reported.

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1 min  |
November 21, 2024
Zomato is looking for a chief of staff; 'You will have to pay ₹20L'
The Free Press Journal

Zomato is looking for a chief of staff; 'You will have to pay ₹20L'

Zomato co-founder and CEO Deepinder Goyal has announced that he is looking for a chief of staff to help him run the company but the role isn't a conventional one.

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1 min  |
November 21, 2024
Madhya Pradesh sets new standards in Ease oi Doing Biz with citizen-centric Property Registration Services
The Free Press Journal

Madhya Pradesh sets new standards in Ease oi Doing Biz with citizen-centric Property Registration Services

India's 154th rank among 190 countries in the World Bank's 20191 \"Registering Property\" parameter reflects the challenges citizens face in property registration.

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3 mins  |
November 21, 2024
Pvt consumption back, driving domestic demand: RBI Bulletin
The Free Press Journal

Pvt consumption back, driving domestic demand: RBI Bulletin

Private consumption is back, driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday.

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1 min  |
November 21, 2024
Gen Z and Millennials preferring Index funds over ETFs: Motilal Oswal
The Free Press Journal

Gen Z and Millennials preferring Index funds over ETFs: Motilal Oswal

India's investment ecosystem is undergoing a seismic shift, with index investing gaining unprecedented traction among investors, says a report by Motilal Oswal.

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1 min  |
November 21, 2024
Equity investments in real estate may rise 49% to record $M bn this yr
The Free Press Journal

Equity investments in real estate may rise 49% to record $M bn this yr

Equity capital inflows touched $8.9 bn between Jan and Sep, registering a 46% yearon-year growth

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1 min  |
November 21, 2024
The Free Press Journal

India sees 40% rise in PE, VC investment at $4.7 bn in Oct

India saw private equity/venture capitalist investments worth $4.7 billion across 91 deals in October, a 40 per cent increase from September, a report showed on Wednesday.

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1 min  |
November 21, 2024
The Free Press Journal

SECI signs MoU with H2Global to promote green H2 initiatives

State-owned Solar Energy Corporation of India (SECI) has inked an initial pact with H2Global Stiftung to establish a collaborative framework to promote Green Hydrogen initiatives.

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1 min  |
November 21, 2024
The Free Press Journal

Paper & paperboard imports rise by 3.5% in Apr-Sep

Paper and paperboard imports rose by 3.5 per cent to 992,000 tonnes in the April-September period of 2024-25, driven by a sharp rise in shipments from China, according to Indian Paper Manufacturers Association (IPMA).

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1 min  |
November 21, 2024
The Free Press Journal

India's Apr-Oct crude oil import bill rises 7.6% to $81.7 bn

India's crude oil import bill in the first seven months of 2024-25 (Apr-Mar) rose 7.6% on year to $81.7 billion, the Ministry of Petroleum and Natural Gas said in a report.

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1 min  |
November 21, 2024
Coal imports fall by ₹13,629 cr in Apr-Sep
The Free Press Journal

Coal imports fall by ₹13,629 cr in Apr-Sep

The import of coal by nonregulated sectors and domestic coal-based thermal power plants, for blending, declined by 9.83 per cent to 63.28 million tonnes (MT) from April to September 2024, from 70.18 MT in the same period last year, and by 8.6 per cent to 9.79 MT from 10.71 MT, respectively, the Ministry of Coal said on Wednesday.

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1 min  |
November 21, 2024
'China trying to improve ties with India to ease off US pressure from Trump'
The Free Press Journal

'China trying to improve ties with India to ease off US pressure from Trump'

\"You are seeing the impact of Trump coming in having a positive impact on India-China ties,\" Aghi said

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1 min  |
November 21, 2024
Kirana stores losing mkt share to Quick Commerce: Report
The Free Press Journal

Kirana stores losing mkt share to Quick Commerce: Report

The report predicted a 74% growth in the quick commerce segment in 2024, making it the fastest-growing retail channel during the 2023-28 period

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1 min  |
November 21, 2024
FY25 capex may undershoot Budget estimates: Ajay Seth
The Free Press Journal

FY25 capex may undershoot Budget estimates: Ajay Seth

India's economic growth may have slowed in the September quarter, but overall there is not much downside risk to 6.5-7 per cent growth projections for the current fiscal year, Economic Affairs Secretary Ajay Seth said on Wednesday.

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1 min  |
November 21, 2024
India's GDP growth likely to slip to 6.5% in Sep qtr
The Free Press Journal

India's GDP growth likely to slip to 6.5% in Sep qtr

ICRA REPORT | Agency maintains its FY25 growth estimate at 7%

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2 mins  |
November 21, 2024
The Free Press Journal

Voter booked for viral photo

A voter has taken a photo of himself voting at the Sharda Mahavidyalay in the Parbhani Assembly Constituency, which became viral on social media.

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1 min  |
November 21, 2024
Stones pelted at MLA's son's car
The Free Press Journal

Stones pelted at MLA's son's car

Allegations and violence mar polling in Sambhajinagar East

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1 min  |
November 21, 2024
The Free Press Journal

International Men's Day celebrated on November 19

Alike International Women's Day, International Men's Day is celebrated on Nov 19.

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1 min  |
November 21, 2024
The Free Press Journal

15 chartered planes, 8 choppers been used

As many as 15 chartered planes and eight helicopters landed and took off from the Shri Guru Gobind Singh Ji Airport in Nanded during the election campaigning for the assembly and Lok Sabha by-polls.

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1 min  |
November 21, 2024
MCF hosts yearly 'Balmahotsav'
The Free Press Journal

MCF hosts yearly 'Balmahotsav'

Like every year, Mukta Charitable Foundation (MCF) recently organised its annual 'Balmahotsav' at Shankarrao Chavan Law College in Pune.

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1 min  |
November 21, 2024
Voters irked over digital ID fiasco
The Free Press Journal

Voters irked over digital ID fiasco

ID CHAOS | DigiLocker ID rejection sparks outrage among city's voters

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1 min  |
November 21, 2024
The Free Press Journal

Legendary artist John Fernandes's masterpieces on display

Vesavar Art Gallery, a premier destination for art connoisseurs, is hosting 'Veritas: An Odyssey of Brush and Soul' — a solo art exhibition featuring the masterpieces of the late John Fernandes, a legendary artist renowned for immortalising human emotion and artistic passion on canvas.

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1 min  |
November 21, 2024
Sassoon doctors perform rare titanium skull implant surgery
The Free Press Journal

Sassoon doctors perform rare titanium skull implant surgery

In a rare surgery performed at Sassoon General Hospital (SGH) in Pune, a 42-year-old man got a new lease of life when doctors transplanted a titanium skull on his head.

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1 min  |
November 21, 2024
The Free Press Journal

Democracy discounts for Punekars who have voted

The goal is to encourage residents to vote and take part in the democratic process

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1 min  |
November 21, 2024