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The Free Press Journal

Inshorts' Azhar Iqbal Launches New Venture Fenado AI

Inshorts co-founder Azhar Iqbal on Thursday announced the launch of his new venture Fenado AI, a platform for building apps and websites without coding knowledge.

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1 min  |
January 10, 2025
Kolkata-based Fusion CX Acquires USA-based BPO
The Free Press Journal

Kolkata-based Fusion CX Acquires USA-based BPO

Kolkata-based customer experience outsourcing firm Fusion CX on Thursday announced the acquisition of S4 Communications, a US-based provider of business process outsourcing (BPO) services with operations in America and the Philippines, in a deal whose value was not disclosed.

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1 min  |
January 10, 2025
Adani Group to Raise ₹7,148 Crore From FMCG Firm Adani Wilmar Stake Sale
The Free Press Journal

Adani Group to Raise ₹7,148 Crore From FMCG Firm Adani Wilmar Stake Sale

The OFS Will Include an Option to Additionally Sell Up to 8.44 Cr Shares

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1 min  |
January 10, 2025
Jupiter International to Invest ₹6,500 Cr on Capacity Expansion
The Free Press Journal

Jupiter International to Invest ₹6,500 Cr on Capacity Expansion

Solar solutions provider Jupiter International on Thursday said that it will invest Rs 6,500 crore in capacity expansion in the next three years.

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1 min  |
January 10, 2025
TCS Q3 PAT rises 12% to ₹12,380 cr
The Free Press Journal

TCS Q3 PAT rises 12% to ₹12,380 cr

Declares special dividend of ₹66 per share

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1 min  |
January 10, 2025
The Free Press Journal

Tata Elxsi Dec quarter net falls most in 17 qtrs

Tata Elxsi Ltd. Thursday reported lower-than-expected net profit and revenue for the December quarter.

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1 min  |
January 10, 2025
Fintech Tide Looks to Onboard 10 Lakh MSMEs by 2025-End
The Free Press Journal

Fintech Tide Looks to Onboard 10 Lakh MSMEs by 2025-End

SME-focused business financial platform Tide looks to onboard 5 lakh MSMEs to reach 10 lakh members by December 2025 on the back of new AI-powered solutions, a top company official said on Thursday.

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1 min  |
January 10, 2025
Wall Street May Slash 2 Million Jobs as AI Erodes Roles
The Free Press Journal

Wall Street May Slash 2 Million Jobs as AI Erodes Roles

Back office, middle office and operations are likely to be most at risk, Tomasz Noetzel, BI senior analyst said

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1 min  |
January 10, 2025
The Free Press Journal

Saatvik Green Energy bags ₹1,500-cr order to supply 1 GW solar PV modules

Saatvik Green Energy on Thursday said it has secured a contract worth Rs 1,500 crore from a leading energy producer for the supply of 1 GW solar PV modules.

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1 min  |
January 10, 2025
Indian mission officials of 20 nations asked to work on specific market opportunities to boost exports
The Free Press Journal

Indian mission officials of 20 nations asked to work on specific market opportunities to boost exports

The commerce ministry has asked the commercial wings of Indian Missions of 20 countries to specifically identify market opportunities in six goods and services to promote India's exports, an official said on Thursday.

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1 min  |
January 10, 2025
NRAI to file complaint against Zomato, Swiggy over 'pvt labelling', food delivery via separate apps
The Free Press Journal

NRAI to file complaint against Zomato, Swiggy over 'pvt labelling', food delivery via separate apps

Opposing \"private labelling\" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body NRAI on Thursday said it will file complaints with \"relevant regulatory authorities\" and initiate legal action to prevent them from monopolising the market.

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1 min  |
January 10, 2025
The Free Press Journal

Most gilts end little changed post firm buyback result

Prices of most government bonds ended little changed from the previous close, recovering losses earlier in the day after cut-off prices at the gilt buyback auction were slightly better than expected.

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1 min  |
January 10, 2025
Govt to soon launch new credit guarantee scheme for MSME sector up to ₹100 crore
The Free Press Journal

Govt to soon launch new credit guarantee scheme for MSME sector up to ₹100 crore

Financial Services Secretary M Nagaraju on Thursday said the government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore.

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1 min  |
January 10, 2025
The Free Press Journal

Bank Officers' Union Threatens Nationwide Strike

Bank officers' union AIBOC on Thursday threatened to go on a nationwide strike on Feb 24-25 to press for their various demands, including a 5-day work week and adequate recruitment in all cadres.

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1 min  |
January 10, 2025
The Free Press Journal

Aim to become no. 1 country in auto segment: Nitin Gadkari

Union minister Nitin Gadkari on Thursday highlighted the growth of the country's auto sector in the past few years, during which it became the third biggest player in the segment, and said the aim is to become number one.

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1 min  |
January 10, 2025
Kumaraswamy Red Flags High Mineral Tax by K'taka Govt
The Free Press Journal

Kumaraswamy Red Flags High Mineral Tax by K'taka Govt

The additional taxes on mining operations by the Karnataka government will adversely affect the steel and mining sector, Union Steel Minister HD Kumaraswamy said on Thursday.

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1 min  |
January 10, 2025
The Free Press Journal

Come to office and work 90-hr a week: L&T head

After Infosys' NR Narayana Murthy's controversial 70-hour-a-week work, it is now the turn of Larsen & Toubro (L&T) Chairman S N. Subrahmanyan, who has gone beyond Murthy's work call, suggesting employees to work 90 hours a week -- including Sundays -- to stay competitive.

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1 min  |
January 10, 2025
Rural Consumption Will Rise, But Urban Consumption May Slow Down Further in FY26
The Free Press Journal

Rural Consumption Will Rise, But Urban Consumption May Slow Down Further in FY26

Consumption loans, which previously offset income sluggishness, have also slowed, dropping from 25% growth in FY24 to 15% in FY25

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1 min  |
January 10, 2025
Equity MF Inflows Grow 14% to ₹41,156 cr in Dec
The Free Press Journal

Equity MF Inflows Grow 14% to ₹41,156 cr in Dec

Small and mid-cap mutual fund inflows touch record highs

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1 min  |
January 10, 2025
Govt to give ₹35,000 cr LPG subsidy to IOC, BPCL, HPCL
The Free Press Journal

Govt to give ₹35,000 cr LPG subsidy to IOC, BPCL, HPCL

The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said.

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1 min  |
January 10, 2025
Markets Tumble Nearly 1% Amid Broad-Based Sell-off
The Free Press Journal

Markets Tumble Nearly 1% Amid Broad-Based Sell-off

Abysmally Low Chinese Inflation Data, An Indication of Poor Demand, and a Sell-Off in US Bonds Added to the Pressure

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1 min  |
January 10, 2025
The Free Press Journal

Nylon Manja Injures Biker

A shocking incident occurred in the Wadala Naka area of Nashik on Wednesday evening, where a biker's throat was slit by a nylon manja while he was returning home from work.

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1 min  |
January 10, 2025
Tribal girls' absenteeism to be curbed
The Free Press Journal

Tribal girls' absenteeism to be curbed

The administration is committed to the good health of students belonging to the Scheduled Tribe category.

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1 min  |
January 10, 2025
The Free Press Journal

Stolen Cash, Jewellery, Valuables Returned

The Chhatrapati Sambhajinagar Rural Police have returned the cash, jewellery and valuables worth Rs38.61 lakh, stolen up to 15 years ago, to the residents after investigating the cases on Wednesday under guidance of Superintendent of Police (SP) Vinaykumar Rathod and Additional SP Sunil Lanjewar.

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1 min  |
January 10, 2025
Guv inaugurates synthetic track and hospital on wheels
The Free Press Journal

Guv inaugurates synthetic track and hospital on wheels

Maharashtra Governor CP Radhakrishnan inaugurated a state-of-the-art synthetic track and a \"Hospital on Wheels\" facility at the Bhusawal Railway Grounds on Wednesday, Jan 8.

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1 min  |
January 10, 2025
Probe Will Reveal If Killers Had Political Backing: Kin
The Free Press Journal

Probe Will Reveal If Killers Had Political Backing: Kin

A month is over, yet an accused is still at large, victim Santosh Deshmukh's brother laments

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1 min  |
January 10, 2025
Re-tendering for city cleaning contracts
The Free Press Journal

Re-tendering for city cleaning contracts

Tender conditions raise questions

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1 min  |
January 10, 2025
Akrosh Morcha against Deshmukh, Suryawanshi deaths on January 19
The Free Press Journal

Akrosh Morcha against Deshmukh, Suryawanshi deaths on January 19

The all-religions, all-parties \"Akrosh Morcha\" will be organised in Chhatrapati Sambajinagar on Jan 19 to press the demand for death penalties for the culprits in the Santosh Deshmukh and Somnath Suryawanshi cases.

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1 min  |
January 10, 2025
New tender process to help NMC resolve parking issue
The Free Press Journal

New tender process to help NMC resolve parking issue

Keeping in mind the failure to manage parking slots through a specific company, the Nashik Municipal Corporation (NMC) has decided to address the parking issue independently, instead of relying on Smart City, as a matter of urgency.

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1 min  |
January 10, 2025
Journalism, administration two wheels of society: Swami
The Free Press Journal

Journalism, administration two wheels of society: Swami

\"While the administration takes development schemes and measures to various strata of society, journalism gives information about them to the people. Hence, administration and journalism are two wheels of the society's chariot,\" opined District Collector Dilip Swami.

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1 min  |
January 10, 2025