Sun refuses to shine on Panaji's solar city plan
The Free Press Journal|September 12, 2024
In the works for nearly a decade concurrent with Panaji's 'smart city' aspirations, the proposal to convert the capital into a 'solar city' is refusing to get kick-started for reasons unknown.

Sources in the Goa Energy Development Agency (GEDA), which functions under the ambit of the Department of New and Renewable Energy, said no timeline can be set for when the solar panels and allied equipment will begin adorning the nearly 75 government edifices and properties already identified for the purpose as of now.

An official who requested anonymity said, phase one of the proposal to transform Panaji into a solar city involves installing solar power units with an aggregate capacity of PAT 13 megawatts but no decision has been taken as to when to start the physical implementation.

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Racial slur rocks K'taka politics
The Free Press Journal

Racial slur rocks K'taka politics

Karnataka Minority Welfare and Waqf Minister BZ Zameer Ahamed Khan has courted controversy by calling his former close friend turned political foe, Union minister HD Kumaraswamy as \"Kaalia Kumaraswamy.\"

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November 12, 2024
The Free Press Journal

CAN INDIA'S ECONOMY MAINTAIN ITS GROWTH MOMENTUM?

India's economic journey over the last few quarters has showcased resilience, transformation, and recovery, driven by robust domestic consumption, strong exports, and technological advancements.

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1 min  |
November 12, 2024
The Free Press Journal

Nifty has strong support at 24K level

Nifty Index opened negative, but bulls took over in the initial couple of hours, which was followed by wiping off its intraday gains.

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November 12, 2024
BoI reports 61% jump in Jul-Sep profit aided by non-core income
The Free Press Journal

BoI reports 61% jump in Jul-Sep profit aided by non-core income

Bank of India on Monday reported a 61 per cent jump in its consolidated net profit for the September quarter at Rs 2,421 crore, helped by non-core income growth.

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1 min  |
November 12, 2024
The Free Press Journal

Welspun Corp arm sells 5% stake in associate entity for about ₹480 cr

Welspun Mauritius Holdings Limited (WMHL) has divested a 5 per cent equity stake in East Pipes Integrated Company for Industry (EPIC) for an overall consideration of 218.9 million Saudi Riyal (about Rs 480 crore).

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1 min  |
November 12, 2024
The Free Press Journal

Vedanta Group plans to invest $500 mn in AvanStrate Inc

Metals and mining giant Vedanta Ltd is planning to invest close to USD 500 million in its display glass unit AvanStrate Inc, the company said on Monday.

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1 min  |
November 12, 2024
ONGC PAT rises 17% in Jul-Sep qtr
The Free Press Journal

ONGC PAT rises 17% in Jul-Sep qtr

State-owned Oil and Natural Gas Corporation (ONGC) on Monday reported a 17 percent rise in its second-quarter net profit primarily because of lower windfall and other taxes.

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2 mins  |
November 12, 2024
The Free Press Journal

Britannia Q2 profit falls 9.4% to ₹531.5 cr

Bakery food company Britannia Industries Ltd on Monday reported a decline of 9.36 per cent in consolidated net profit to Rs 531.55 crore in the second quarter ended September 2024 on account of tepid consumer demand due to rising commodity inflation.

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1 min  |
November 12, 2024
HINDALCO Q2 NET PROFIT JUMPS 78% TO ₹3,909 CRORE
The Free Press Journal

HINDALCO Q2 NET PROFIT JUMPS 78% TO ₹3,909 CRORE

Aditya Birla Group firm Hindalco Industries on Monday reported a 78 per cent rise in consolidated net profit to Rs 3,909 crore in the September 2024 quarter on the back of strong operational performance, favourable macros and prudent cost management.

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1 min  |
November 12, 2024
Growth in rural market helps arrest decline in small car sales: Maruti Suzuki
The Free Press Journal

Growth in rural market helps arrest decline in small car sales: Maruti Suzuki

A revival in the rural market has helped in arresting the decline in sales of entry-level small cars, which saw a 10 per cent growth in retail sales in October, top company officials of Maruti Suzuki India said on Monday.

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November 12, 2024