CATEGORIES

Sadhguru takes a dig at Bangladesh over monk arrest
The Free Press Journal

Sadhguru takes a dig at Bangladesh over monk arrest

Spiritual guru and founder of the Isha Foundation, Sadhguru, on Tuesday came out strongly and expressed grave concern over the arrest of Chinmoy Krishna Das, a prominent ISKCON leader in Bangladesh.

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1 min  |
November 27, 2024
Soren meets PM Modi, invites him for swearing-in ceremony
The Free Press Journal

Soren meets PM Modi, invites him for swearing-in ceremony

Acting Jharkhand chief minister Hemant Soren met Prime Minister Narendra Modi on Tuesday, in his first visit to the national capital after leading his ruling alliance to an unprecedented second straight term in the state.

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1 min  |
November 27, 2024
The Free Press Journal

Before fast, Punjab farmer leader held

Hours before the farmer leader Jagjit Singh Dallewal was to start his fast-unto-death protest at the Khanauri border in Punjab's Sangrur district, the Punjab police allegedly detained him and whisked him to a hospital in Ludhiana.

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1 min  |
November 27, 2024
The Free Press Journal

Iskcon: Centre must intervene

The arrest of Iskcon monk Chinmoy Krishna Das in Bangladesh has raised quite a furore in India.

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1 min  |
November 27, 2024
Biggest drug haul by Coast Guard: Apprehends Myanmarese boat with 5,500 kg drugs
The Free Press Journal

Biggest drug haul by Coast Guard: Apprehends Myanmarese boat with 5,500 kg drugs

On 25th November 24, the Indian Coast Guard (ICG) made history in India's maritime domain by apprehending a Myanmarese fishing boat named \"Soe Wai Yan Htoo\" in the Andaman Sea. The boat was carrying approximately 5,500 kg of the prohibited drug methamphetamine, along with one portable Inmarsat satellite phone.

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1 min  |
November 27, 2024
The Free Press Journal

Weaving Progress: The Past, Present and Future of Indian Textiles

The textile industry is one of the oldest, most vibrant, and significant segments of the Indian economy.

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2 mins  |
November 27, 2024
The Free Press Journal

Nifty faces strong resistance at 24350

Nifty has to hold above 24150 zones for an up move towards 24350 then 24500 zones, whereas supports are placed at 24150 and 24000 zones, while it has to hold above 52000 zones for an up move towards 52500 then 52750 levels

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2 mins  |
November 27, 2024
The Free Press Journal

Zomato opens ₹8,500 crore QIP offering

Food delivery aggregator Zomato has approved and authorised the opening of its Qualified Institutional Placement (QIP), setting the floor price at Rs 265.91 per share.

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1 min  |
November 27, 2024
The Free Press Journal

Mahindra expands EV portfolio; unveils 2 models

Mahindra & Mahindra (M&M) on Tuesday expanded its electric vehicle portfolio in the country with the introduction of two all-new models.

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1 min  |
November 27, 2024
Angel One's AMC arm gets Sebi's approval to start MF biz
The Free Press Journal

Angel One's AMC arm gets Sebi's approval to start MF biz

Fintech player Angel One on Tuesday said its subsidiary Angel One Asset Management Company has received markets regulator Sebi's approval to begin mutual fund operations.

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1 min  |
November 27, 2024
Govt clears bank guarantee waiver for spectrum auctioned since 2012
The Free Press Journal

Govt clears bank guarantee waiver for spectrum auctioned since 2012

The Union Cabinet has waived the requirement to submit bank guarantees for spectrum purchased through auctions held before 2022, according to sources.

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1 min  |
November 27, 2024
Suraksha Diagnostic eyes ₹846-cr via IPO
The Free Press Journal

Suraksha Diagnostic eyes ₹846-cr via IPO

Company sets price band at ₹420-441 per share

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1 min  |
November 27, 2024
Vedanta Resources raises $800 mn from global investors via new bond issue
The Free Press Journal

Vedanta Resources raises $800 mn from global investors via new bond issue

UK-based Vedanta Resources, the parent of India's Vedanta, has raised USD 800 million from global investors through a new bond issue.

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1 min  |
November 27, 2024
Simaero to invest 200 mn euro to set up flight simulator training centre in India
The Free Press Journal

Simaero to invest 200 mn euro to set up flight simulator training centre in India

French company Simaero plans to start its flight simulator training facility in the national capital early next year and invest about 200 million euros in India over ten years.

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1 min  |
November 27, 2024
The Free Press Journal

Telecom tower firms to spend ₹21K cr in FY25, FY26

Independent telecom tower companies in India are likely to spend Rs 21,000 crore over fiscals 2025 and 2026 to support the telecom companies in expanding rural networks and improving service quality in urban areas, a report showed on Tuesday.

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1 min  |
November 27, 2024
The Free Press Journal

SC dismisses tax dept's reassessment order against Flipkart India

The Supreme Court Tuesday rejected an order by the additional commissioner, commercial tax, Ghaziabad zone I, granting permission to Flipkart India Pvt. Ltd.'s assessing authority, the deputy commissioner for commercial tax, Ghaziabad, to reassess the company for assessment year 2012-13 (Apr-Mar) in the extended period of limitation provided under Section 29(7) of the Uttar Pradesh Value Added Tax Act, 2008.

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1 min  |
November 27, 2024
The Free Press Journal

Ambition to Adversity: Shashi Ruia, Essar, & a cyclone's lasting impact

The passing of Shashi Ruia, who founded Essar Group along with younger brother Ravi Ruia in the late 1960s, brings back memories of Essar's shadow corporate battle with Reliance Industries in the 1990s.

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2 mins  |
November 27, 2024
Moody's cuts outlook on Adani cos to -ve; Fitch puts two Adani bonds on -ve watch
The Free Press Journal

Moody's cuts outlook on Adani cos to -ve; Fitch puts two Adani bonds on -ve watch

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of Chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch.

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1 min  |
November 27, 2024
The Free Press Journal

India signs Riyadh design law treaty

India has signed the Riyadh Design Law Treaty, which seeks to harmonise procedures and simplify registration processes of industrial designs in different countries, an official statement said on Tuesday.

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1 min  |
November 27, 2024
The Free Press Journal

New credit card issue declined by 45% in Oct

The credit card industry witnessed a sharp correction of 45 per cent year-on-year in October as the new credit card issue declined to 7.8 lakh from 16 lakh cards issued last year during the same month.

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1 min  |
November 27, 2024
The Free Press Journal

Gilts end lower on profit booking

Prices of government bonds ended lower as traders sold their bonds at a profit, dealers said.

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1 min  |
November 27, 2024
The Free Press Journal

Milk production up 4% to record 239 MT in FY24

India's milk production rose nearly 4 per cent annually to 239.3 million tonnes in 2023-24 on better productivity, even as milk output of buffaloes declined 16 per cent annually, according to government data on Tuesday.

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1 min  |
November 27, 2024
The Free Press Journal

RBI Guv discharged from hospital

Reserve Bank Governor, who was hospitalized at a private hospital in Chennai last night following acidity-related complaints, was discharged on Tuesday.

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1 min  |
November 27, 2024
Term deposits outpace CASA growth in Sep: RBI
The Free Press Journal

Term deposits outpace CASA growth in Sep: RBI

Deposits of all population groups recorded double-digit annual growth

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1 min  |
November 27, 2024
Real estate sector to cross $4.8 tn by 2047: Report
The Free Press Journal

Real estate sector to cross $4.8 tn by 2047: Report

The Indian real estate sector is set to cross $4.8 trillion in market size by 2047, contributing over 18 per cent to the projected $26 trillion GDP target for the year, according to a joint report by real estate body CREDAI and Ernst & Young released on Tuesday.

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1 min  |
November 27, 2024
EXISTING PAN HOLDERS DO NOT NEED TO APPLY AFRESH UNDER PAN 2.0: TAX DEPT
The Free Press Journal

EXISTING PAN HOLDERS DO NOT NEED TO APPLY AFRESH UNDER PAN 2.0: TAX DEPT

Existing Permanent Account Number (PAN) card holders are not required to apply for a new one under the upgraded PAN 2.0 system that is primarily aimed at introducing a 'common identifier' for all business-related activities, the Income Tax Department said on Tuesday.

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1 min  |
November 27, 2024
Essar group co-founder Shashi Ruia dies
The Free Press Journal

Essar group co-founder Shashi Ruia dies

Shashikant Ruia, a first-generation entrepreneur who turned a small construction business into an infrastructure conglomerate, died after a prolonged illness. He was 80.

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1 min  |
November 27, 2024
Sebi introduces mark-to-market basis valuation for repo transactions by MFs
The Free Press Journal

Sebi introduces mark-to-market basis valuation for repo transactions by MFs

Markets regulator Sebi on Tuesday decided to introduce new valuation metrics for repurchase or repo transactions by mutual funds, whereby securities used in such transactions will be valued on a mark-to-market basis.

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1 min  |
November 27, 2024
PSU banks to launch new products in 3-4 mths to ramp up credit growth: Banking Secy
The Free Press Journal

PSU banks to launch new products in 3-4 mths to ramp up credit growth: Banking Secy

\"Though the banking sector is robust, rising digital frauds are posing a risk to financial sector stability\"

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1 min  |
November 27, 2024
Mkts snap 2-day rally on weak global trends
The Free Press Journal

Mkts snap 2-day rally on weak global trends

Benchmark indices Sensex and Nifty snapped the two-day rally and closed lower on Tuesday in line with weak global market trends amid concerns over tariff threats by US President-elect Donald Trump.

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1 min  |
November 27, 2024