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The Free Press Journal

Woman Sl taken hostage for not withdrawing case

A lady police sub-inspector posted here has alleged she was taken hostage from her house and confined in a car by unidentified miscreants, who also threatened her.

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1 min  |
September 18, 2024
Ganesh laddu auctioned for Rs 30 lakh in Hyd
The Free Press Journal

Ganesh laddu auctioned for Rs 30 lakh in Hyd

Hyderabad's famous Balapur Ganesh laddu was Tuesday auctioned for a record Rs 30,01,000.

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2 mins  |
September 18, 2024
The Free Press Journal

SC closes criminal proceedings against 30 army personnel

In a relief to 30 Army personnel, the Supreme Court on Tuesday closed the criminal proceedings initiated against them by the Nagaland government for allegedly killing 13 civilians in a 2021 botched operation to ambush militants in Mon district for want of prosecution sanction.

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1 min  |
September 18, 2024
Man mauled to death by tiger
The Free Press Journal

Man mauled to death by tiger

A 50-year-old man was mauled to death by a tiger near Valmiki Tiger Reserve (VTR) in Bihar's West Champaran district on Tuesday.

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1 min  |
September 18, 2024
The Free Press Journal

'Samples of 16 people tested negative for Nipah'

Kerala Health Minister Veena George said on Tuesday that 16 people who came into contact with a 24-year-old man, who died of Nipah virus in Malappuram district last week, have tested negative for the disease.

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1 min  |
September 18, 2024
The Free Press Journal

Schools, colleges in Manipur reopen

After 11 days of closure, all schools, colleges and technical institutions were reopened across Manipur on Tuesday, even as the security forces continued their intensive combing and search operations in most of the districts.

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1 min  |
September 18, 2024
The Free Press Journal

SEBI chairperson's statements raise more questions: Cong

The Congress on Tuesday claimed that the statement issued by SEBI chairperson Madhabi Puri Buch and her husband, Dhaval, on the \"multiple conflict of interest\" allegations levelled against them by it as also the Hindenburg Research report had only raised \"more questions\" instead of answering the issues at hand.

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1 min  |
September 18, 2024
The Free Press Journal

Bus travel agent dupes AIIMS aspirants

Fifty-two students going from Raipur to Warangal to appear entrance examination for AIIMS became victims of fraud.

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1 min  |
September 18, 2024
The Free Press Journal

Cong appoints Channi, Agnihotri as observers for J&K polls

The Congress on Tuesday appointed Charanjit Singh Channi and Mukesh Agnihotri as AICC senior observers for the assembly elections in Jammu and Kashmir.

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1 min  |
September 18, 2024
'Rahul 'baba' is a big machine of telling lies'
The Free Press Journal

'Rahul 'baba' is a big machine of telling lies'

Amit Shah alleges Opposition leader has reached agenda with J&K CM Omar to release all imprisoned terrorists

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1 min  |
September 18, 2024
SpiceJet's ₹3,000 crore issue commences
The Free Press Journal

SpiceJet's ₹3,000 crore issue commences

SpiceJet has set a floor price of Rs 64.79 per share for the sale of securities to qualified institutional buyers through which the budget carrier aims to raise up to Rs 3,000 crore.

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1 min  |
September 18, 2024
JBM Ecolife Mobility secures $100 mn funding from ADB, AIIB
The Free Press Journal

JBM Ecolife Mobility secures $100 mn funding from ADB, AIIB

JBM Auto's arm, JBM Ecolife Mobility, on Tuesday said it has secured strategic funding of USD 100 million from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).

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1 min  |
September 18, 2024
The Free Press Journal

US lender to BYJU'S parent moves SC over removal from lenders' panel

US-based GLAS Trust Co LLC on Tuesday moved the Supreme Court over its removal from the committeeof-creditors to Think & Learn Pvt Ltd, the parent company BYJU'S.

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1 min  |
September 18, 2024
Lenovo to make AI servers in India, establishes 4th largest R&D centre
The Free Press Journal

Lenovo to make AI servers in India, establishes 4th largest R&D centre

PC maker Lenovo India will start manufacturing 50,000 GPU-based AI servers in India next year, the company said on Tuesday.

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1 min  |
September 18, 2024
The Free Press Journal

Zydus Life to acquire Sterling Biotech’s API biz for ₹84 crore

Zydus Lifesciences Ltd on Tuesday said it will acquire the 'Target Business' of Sterling Biotech primarily engaged in manufacturing of fermentation-based active pharmaceutical ingredients products and a production facility at Masa in Gujarat for a preagreed sum of Rs 84 crore.

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1 min  |
September 18, 2024
NFRA moots changes to auditing standard SA 600
The Free Press Journal

NFRA moots changes to auditing standard SA 600

To help protect investors' interest, the National Financial Reporting Authority (NFRA) on Tuesday proposed changes to the auditing standard SA 600 that pertains to audit of group companies.

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1 min  |
September 18, 2024
Jupiter Wagons expanding production capacity of arm with ₹2,500 cr investment
The Free Press Journal

Jupiter Wagons expanding production capacity of arm with ₹2,500 cr investment

Jupiter Wagons on Tuesday said its subsidiary -- Jupiter Tatrawagonka Railwheel Factory, is expanding its production capacity in Odisha from 20,000 to 100,000 forged wheel sets annually with an investment of Rs 2,500 crore.

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1 min  |
September 18, 2024
¡BUS raises ₹280 cr from Int'l Finance Corporation
The Free Press Journal

¡BUS raises ₹280 cr from Int'l Finance Corporation

Digital infrastructure company iBUS Network and Infrastructure on Tuesday said it has raised about Rs 280 crore (USD 34 million) from International Finance international Corporation to support the company's expansion.

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1 min  |
September 18, 2024
Air India begins $400 million refit programme with VT-EXN
The Free Press Journal

Air India begins $400 million refit programme with VT-EXN

Air India on Tuesday said it expects to complete the upgradation of its 27 legacy A320 neo aircraft by mid-2025, following which all its narrow body planes will have the three-class configuration of business, premium economy and economy seats.

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1 min  |
September 18, 2024
The Free Press Journal

Govt asks edible oil cos not to hike retail price

The government has asked edible oil processors not to hike retail prices following recent increase in import duties, as there is enough stock of cooking oils that were shipped at a lower duty.

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1 min  |
September 18, 2024
The Free Press Journal

SEBI's new T+2 rule for bonus shares explained

Bonus shares are additional shares a company provides to its existing shareholders at no extra cost.

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1 min  |
September 18, 2024
AIRFARE HIKE NOT LINKED TO RISE IN AIRPORT CHARGES: ACI
The Free Press Journal

AIRFARE HIKE NOT LINKED TO RISE IN AIRPORT CHARGES: ACI

Airport charges are an important element of the commercial aviation ecosystem for infrastructure development and increase in airfares is not linked to a rise in the charges, according to the Airports Council International (ACI).

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1 min  |
September 18, 2024
India's record imports widen trade deficit to $29.65 bn in Aug
The Free Press Journal

India's record imports widen trade deficit to $29.65 bn in Aug

India's exports registered a steepest decline in 13-month falling 9.3 per cent in August to USD 34.71 billion due to global economic uncertainties, while the trade deficit soared to a 10month of USD 29.65 billion.

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1 min  |
September 18, 2024
India crude oil import bill rises 15% to $60.6 bn in Apr-Aug
The Free Press Journal

India crude oil import bill rises 15% to $60.6 bn in Apr-Aug

India's crude oil import bill rose nearly 15% on year to $60.6 bln in the first five months of the current financial year that started April, the petroleum and natural gas ministry said in its monthly report.

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1 min  |
September 18, 2024
The Free Press Journal

No near-term impact of Bangladesh situation on India Inc's credit quality

Crisil Ratings on Tuesday said the recent developments in Bangladesh did not have a significant impact on India's trade and it does not foresee any near-term impact on the credit quality of India Inc.

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1 min  |
September 18, 2024
Indians earning over ₹10 crore per annum rises 63%, ₹5 crore per annum jumps 49%
The Free Press Journal

Indians earning over ₹10 crore per annum rises 63%, ₹5 crore per annum jumps 49%

The number of Indians earning more than Rs 10 crore annually has surged 63 per cent in last five years, highlighted a report by Centrum Institutional Research.

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1 min  |
September 18, 2024
The Free Press Journal

India accounted for 25% of global IPOS in first half of 2024: Angel One Wealth

The Initial Public Offering (IPO) market in India has turned out to be an outlier in itself and is bucking the subdued global public issue trends.

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1 min  |
September 18, 2024
BSE defers listing of SME company Trafiksol until resolution of all 'queries'
The Free Press Journal

BSE defers listing of SME company Trafiksol until resolution of all 'queries'

BSE on Tuesday postponed the listing of SME company Trafiksol ITS Technologies Ltd, whose IPO was subscribed 345 times, after the stock exchange received certain queries about the firm.

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1 min  |
September 18, 2024
The Free Press Journal

India, US for giving push to sustainable aviation fuel, hydrogen in buses

India and the US have agreed to give impetus to sustainable aviation fuel, promote electrification of medium and heavyduty vehicles and use of hydrogen in buses, tractors and heavy equipment, said a joint statement issued after the Strategic Clean Energy Partnership dialogue between the two nations.

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1 min  |
September 18, 2024
WPI inflation falls to 4-mth low of 1.31% in August
The Free Press Journal

WPI inflation falls to 4-mth low of 1.31% in August

Wholesale inflation fell to a 4month low of 1.31 per cent in August due to a decline in prices of vegetables and fuel, even though onion and potato prices spiked, according to official data released on Tuesday.

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1 min  |
September 18, 2024