Sebi introduces timelines for NFO fund deployment
The Free Press Journal|December 20, 2024
Regulator eases AMC employee interest alignment rules
Sebi introduces timelines for NFO fund deployment

Markets regulator Sebi has decided to introduce timelines for deploying funds raised through New Fund Offers (NFOs) by asset management companies (AMCs) and relaxed regulatory framework regarding the alignment of AMC employees' interests with those of unitholders.

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The Free Press Journal

Shahapur man shot dead by bike-borne duo

A 25-year-old jewellery store salesman was killed after two unidentified persons fired at him and his employer in Shahapur in Thane district, a police official said on Sunday.

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1 min  |
December 23, 2024
The Free Press Journal

'Ensure all amenities for passengers'

Immediately after taking over the reins of the Ministry of Transport, Pratap Sarnaik paid a surprise visit to the Maharashtra State Road Transport Corporation's (MSRTC) Khopat bus depot in Thane on Sunday.

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1 min  |
December 23, 2024
The Free Press Journal

National Consumer Day for justice

Why December 24 is celebrated as National Consumer Day? Has the Consumer Protection Act succeeded in protecting consumers? Do Consumer Courts offer speedy and simple redressal of consumer complaints? How can long delays in Consumer Courts be avoided?

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2 mins  |
December 23, 2024
The Free Press Journal

Man falls prey to scammers, loses ₹40 lakh

A 40-year-old man has fallen prey to scammers in shares trading investment fraud and lost over Rs40 lakh in two months.

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1 min  |
December 23, 2024
The Free Press Journal

US-based student extorted; city driver held

The Sahar police have arrested a 20-year-old auto driver for allegedly extorting Rs3,500 from a 19-year-old student, Vishwajeet Patil, who had arrived in India on vacation from the United States.

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1 min  |
December 23, 2024
The Free Press Journal

Retired I-T officer duped of ₹2 lakh

An 81-year-old retired Income Tax (I-T) officer from Mira Road became the latest target of cyber crooks who duped him of more than Rs2.06 lakh under the guise of helping restore a channel, which had abruptly stopped streaming on the over-the-top (OTT) platform of a broadband service providing company.

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1 min  |
December 23, 2024
The Free Press Journal

MSRTC revenue up by ₹26 crore in Nov

In November 2024, the Maharashtra State Road Transport Corporation (MSRTC) recorded a revenue of Rs941 crore, driven by a surge in passenger traffic.

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1 min  |
December 23, 2024
The Free Press Journal

₹18 lakh lost in digital arrest fraud

A 64-year-old man has fallen prey to scammers and lost Rs18 lakh in digital arrest fraud.

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1 min  |
December 23, 2024
The Free Press Journal

22 girders launched in expansion drive

The Mumbai Rail Vikas Corporation (MRVC) has achieved a milestone in the Kalyan-Badlapur quadrupling project by completing a critical 2-hour, 25-minute operation between 1.25 am and 3.50 am.

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1 min  |
December 23, 2024
It's now as bad as Delhi: Aarey protestors
The Free Press Journal

It's now as bad as Delhi: Aarey protestors

On their 121st week of protest to save the Aarey forest, citizens who gathered on Sunday morning drew attention to Mumbai's worsening air quality.

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1 min  |
December 23, 2024