Free Press Journal
  • India Inc sought debt recast for 126 cases in 2012

    New Delhi: In a growing sign of companies facing difficulties in meeting their financial obligations, banks were approached for debt restructuring in a record 126 cases during 2012 for a collective amount of Rs 84,000 crore (over USD 15 billion).  During the last quarter ended December,  25 cases were referred for Corporate Debt Restructuring (CDR) for an aggregate amount of over Rs 20,000 crore, shows the data available with the CDR cell

  • S Korea, US drill begins under nuclear test cloud

    Seoul: South Korea and the United States launched a joint naval exercise involving a US nuclear submarine on Monday, as tensions rise on the Korean peninsula ahead of an expected nuclear test by North Korea, reports AFP. A defence ministry spokesman confirmed the three-day drill – condemned as a “warmongering” exercise by North Korea – was underway in the East Sea (Sea of Japan) off the southeastern South Korean port of Pohang.

  • Panetta admits use of torture in hunt for Osama

    New York: US Defence Secretary Leon Panetta has admitted that torture and enhanced interrogation techniques were used to “put together the puzzle” that led to the killing of Osama bin Laden in Pakistan. Panetta made the candid admission, becoming the highest-ranking Obama administration official to do so, while responding to a question on Kathyrn Bigelow’s Oscar-nominated film “Zero Dark Thirty”, the New York Post reported, according to PTI.

  • Paris women finally get to wear trousers

    Paris: Women in Paris can finally wear trousers without fear of criminal prosecution after the government said a more than 200-year-old ban no longer had any legal effect. Najat Vallaud-Belkacem, France’s minister of women’s rights, said in a statement that the ban, imposed on November 17, 1800, was incompatible with modern French values and laws.

  • Car park skeleton is that of Richard III

    Leicester: Ending months of speculation, scientists on Monday confirmed that the skeleton found beneath a car park here indeed belongs to 15th-century King Richard III, the most notorious monarch in English history, reports PTI

  • Groups protest anti-rape ordinance

    New Delhi: Dubbing the government’s ordinance on sexual violence against women an “eyewash,” a number of women’s groups on Monday protested at Jantar Mantar seeking full implementation of Justice Verma committee recommendations.

  • Political parties voice support for Kashmir’s all-girls band

    New Delhi: Kashmir’s first all-girls rock band ‘Pragaash’ on Monday received unflinching support from parties across the political spectrum and women’s organisations who slammed the Grand Mufti of Jammu and Kashmir for calling their singing “un-Islamic”, reports PTI.

  • No Man’s Land producer fined for smoking at public place

    Jaipur: The producer of Oscar award winning film No Man’s Land March Bachet, who was here as a jury of the International Film festival, which concluded on Sunday, was fined Rs 200 by the police for smoking at public place.

  • Now, Shell spars with IT dept, to challenge tax order

    New Delhi: Shell India said on Monday that it would challenge a notice by authorities alleging tax evasion by under-pricing share transfer between member companies on the ground that the order was based on incorrect interpretation of regulations.

  • Cabinet to decide on doubling gas prices: Moily

    New Delhi: The  Ministry will take a proposal for nearly doubling the price of domestically produced natural gas to $8-8.5 per mmBtu to the Cabinet after getting comments on its draft note.

  • United Spirits posts 71% jump in Q3 net at Rs 81 cr

    New Delhi: United Spirits on Monday posted 71.16 per cent increase in net profit at Rs 80.55 crore for the third quarter ended December 31, 2012, on robust sales of various brands, including McDowell’s No 1 and Royal Stag. The company had posted a net profit of Rs Rs 47.06 crore for the same period of previous fiscal.

  • 1984 riots case: Sajjan and others conclude final arguments

    New Delhi: Congress leader Sajjan Kumar and five others, facing trial in a 1984 anti-Sikh riots case, today concluded their final arguments in a Delhi court, where they questioned the conduct of the complainant and key witness and accused her of often changing her stand.

  • Kripashankar assets case: SIT submits probe report before SC

    Mumbai: The SIT formed by Mumbai police to probe into the alleged amassing of disproportionate assets by former Mumbai Congress chief Kripashankar Singh and his family, has submitted its report in the Supreme Court, police said today.

  • BJPs raps Ahmed on Advani remarks

    New Delhi: The comments of a Congress leader that BJP veteran L K Advani should have stayed back in Pakistan to serve the Hindus there came in for sharp criticism from the main Opposition which said that this goes against all norms of propriety and decency.

  • Government defends ordinance, promises debate

    New Delhi: The government Monday defended its ordinance on sexual crimes and said it was based on universal demand and was open to public suggestions as parliament would debate the issue.

  • Europol uncovers vast match-fixing ring

    The Hague: European police warned today that the integrity of football was at stake, as they revealed they had smashed a criminal network fixing hundreds of matches, including in the Champions League and World Cup qualifiers.

  • Crime

    Lowering of juvenile age needs more consultations: Govt

    New Delhi: Rejecting criticism that the anti-rape  rdinance was an eyewash, government today expressed the hope that it will have a deterrent effect on potential criminals and said issues like reducing the age of juvenile, marital rape and amending AFSPA would be considered later.