Free Press Journal
  • RAHUL’S REFORM PLAN HITS VVIP HURDLE

    New Delhi : Union ministers – Kapil Sibal and Krishna Tirath have succeeded in getting their Lok Sabha constituencies out of the list that was finalised for selecting party candidates through US-style primaries by the reform oriented Congress vice-president Rahul Gandhi.

  • TDSAT clears air on spectrum quantum but 2G ghost hounds RComm, Tata Tele

    NEW DELHI : After years of confusion, the Telecom Disputes Settlement and Appellate Tribunal today clarified that the contracted quantum of spectrum under the 2G licences was 6.2 MHz and not 4.4 MHz, and said Aircel Ltd and Dishnet Wireless Ltd will be entitled to the same in eight and three circles, respectively.

  • Tata Power exits Indonesian coal firm Arutmin for $500 mn

    New Delhi : Tata Power announced the sale of its 30 per cent stake in Indonesian coal company PT Arutmin for USD 500 million (Rs 3,150 crore) to cut its debt. The development comes in the wake of the company’s Mundra UMPP project facing under recovery challenges.

  • Core sector growth slows to 2.1% in Dec

    New Delhi : Poor performance of coal, petroleum refinery products and natural gas pulled down the core sector growth to 2.1 % in December, 2013 from 7.5 % in the same month a year ago.          It is, however, better than in the previous two months.

  • FY13 GDP growth estimate cut to 4.5% from 5% earlier

    NEW DELHI : The Central Statistics Office trimmed its estimate on India’s gross domestic product growth in 2012-13 (Apr-Mar) to 4.5% from 5.0% earlier. The revision is primarily on account of a sharp upward correction in the base year.

  • Coast Guard fears repeat of 26/11 attack

    New Delhi : Indian Coast Guard on Friday asserted that coastal security has improved significantly since the 2008 Mumbai terror attack, but does not rule out the possibility of another attack from the sea route.

  • Fiscal deficit in April-Dec hits 95% of annual target

    New Delhi : Country’s fiscal deficit touched Rs 5,16,390 crore or 95.2 per cent of the annual target during April-December, the Controller General of Accounts said.

  • SC satisfied with police handling of Kejri dharna

    NEW DELHI: Supreme Court on Friday expressed satisfaction over the way the Delhi Police handled CM Arvind Kejriwal’s agitation, saying it had acted ‘swiftly’ and did what was required.

  • SpiceJet, IndiGo launch second fare war with 30% discount

    Mumbai/New Delhi : A second round of fare war was unleashed by SpiceJet today, with Jet Airways and no-frill carriers IndiGo, GoAir and JetKonnect jumping into the race to offer limited period, low-priced air tickets to customers.

  • SC stays execution of Bhullar

    New Delhi : The Supreme Court on Friday stayed the execution of the death sentence of 1993 Delhi bomb blast convict Devender Pal Singh Bhullar and issued notice to the Centre on his petition seeking commuting of his death sentence to life imprisonment.

  • Air India to seek nod to issue tax-free bonds

    NEW DELHI : Air India is planning to seek approval from the finance ministry for raising 100 bln rupees yet again through tax-free bonds on the lines of infrastructure companies like India Infrastructure Finance Co and Indian Railway Finance Corp, a company official said.

  • Tribunal rejects Bharti, Vodafone plea to renew spectrum licence

    Referring to a TRAI report that discussed how 900 MHz band spectrum was valuable, bench observes, “The anxiety of the petitioners to hold on to spectrums in the 900 MHz band is not difficult to understand”.

  • M’soft close to picking Indian born S Nadella as new CEO

    New York: The Microsoft board reportedly has settled on the leader of the company’s highly profitable enterprise-computing business. Satya Nadella is seen as someone who has the technical chops and deep knowledge of Microsoft’s operations.

  • ‘Elevated’ radioactivity at UK N-plant

    London:  Elevated levels of radioactivity have been detected at the Sellafield nuclear reprocessing plant in Britain and staffing there has been reduced, its operators said on Friday. The move to reduce staff at the plant in northern England was a “conservative” decision and only essential workers were being asked to report for their shifts, but the plant was otherwise operating “normally”. The levels of radioactivity were not high enough to necessitate any

  • Pakistan court issues warrant for Musharraf

    Islamabad : Pervez Musharraf’s legal woes mounted today as a Pakistani special court conducting his treason trial issued a bailable arrest warrant for the former dictator and ordered his production on February 7.

  • Core sector growth slows to 2.1% in Dec

    New Delhi :  Poor performance of coal, petroleum refinery products and natural gas pulled down the core sector growth to 2.1 % in December, 2013 from 7.5 % in the same month a year ago.          It is, however, better than in the previous two months.