Free Press Journal
  • Central Bank net profit jumps over 8-fold to Rs 192 crore

    Mumbai :  State-run Central Bank of India reported over eight-fold rise in net profit to Rs 192 crore for the quarter ended June 30 on low base in the year-ago period when it had reported Rs 22 crore net profit.

  • Budget 2014: All you need to know about Dividend Distribution Tax

    Budget 2014 has carried out a major amendment in Dividend Distribution Tax (DDT) applicable to the dividends (whether interim or otherwise) declared, distributed or paid by a domestic company, (public or private limited, listed or otherwise) to its shareholders or by a non-equity oriented mutual fund to its unit holders.

  • Navi Mumbai airport: Deadline for bids extended

    Mumbai: After the Civil Aviation Ministry recently approved the revised tender document for the proposed Navi Mumbai airport, the nodal implementing agency Cidco has extended the deadline to submit requests for qualification (RFQs) to September 2. Last week, a Cidco delegation had presented a revised tender document draft to Aviation Minister Ashok Gajpathy Raju, which he approved immediately. This is the second extension for the bids since June 18.  “Bidders had requested

  • Oz solar car smashes the world land speed record

    Melbourne:  An Australian solar car has broken a 26-year-old world speed record, potentially establishing itself as the fastest electric vehicle over a distance of 500 kilometres, on a single battery charge.

  • At $14.7bn so far, overseas bond sales on pace to set new record

    Mumbai : With Bharti Airtel, ONGC Videsh, Tata Steel and SBI hitting the overseas bond markets with $ 1-billion-plus issues, debt raised by 15 domestic companies so far this year is sniffing at the record $ 16.5 billion India Inc had raised in the entire 2013, reports PTI.

  • Reality Risky Business

    Some are in it for posterity and some for the love of art but reasons aside, the risk of making a film showcasing reality is a lot higher for the filmmaker than it appears, writes Shubarna Mukerji Shu. (more…)

  • Beijing to build more highways, rail lines in Tibet

    Beijing: China has unveiled plans to build more highways and airports in Tibet by 2020 to make travel to the ‘roof of the world’ a lot easier with projects underway to construct a rail network to connect places along the borders with India, Nepal and Bhutan.

  • Govt holds up chopper deal over Agusta links

    Jaitley puts off decision on procurement of 16 helicopters for the Navy  as one of the two vendors is linked with Finmeccannica – the parent organisation of scam-tainted Agusta (more…)

  • Rooney scores two in Man U friendly win over AS Roma

    Denver :  Wayne Rooney scored twice and Juan Mata added another goal to lift Manchester United to a 3-2 friendly victory over AS Roma. The triumph continued the winning start to new manager Louis van Gaal’s tenure, which opened with a 7-0 trouncing of the Los Angeles Galaxy in the opening match of United’s North American pre-season tour on Wednesday.

  • Kajol stands up against the ‘dreaded C’

    Yesteryears’ actress Tanuja has been associated with the Prashanti Cancer Care Mission since 2000. And now it’s her elder daughter, Kajol who was seen at the inauguration of the second breast cancer symposium organised by Prashanti Cancer Care Mission at J W Marriott last week.

  • So, judicial pillar too has cracks

    Whatever may be our sense of pride in being the biggest functioning democracy in the world, the reality is somewhat like Ghalib’s poetical ‘jannat ki hakikat’.  As the master poet-philosopher said in a couplet the thought that there is a paradise awaiting us in the after world is just a good idea to keep us in good humour. For the rest, all of us know the reality of this paradise. In the

  • IOB Q1 net profit zooms over 2-fold to Rs 272 cr

    Chennai :  Public sector Indian Overseas Bank has reported over two-fold jump in net profit for the first quarter ended June 30, 2014 at Rs 271.72 crore. The city-based bank had reported net profits of Rs 125.79 crore in the same period of the previous year.

  • Forum penalises Co, dealer for selling defective handset

    Indore : District Consumer Forum has penalised a mobile phone company and its dealer for selling defective phone to a resident. Both the respondents have been asked to replace the phone with a new phone of the same model and compensate for physical and mental harassment and the petition expenditure.

  • That ‘special’ feeling while hunting for unique products

    Hong Kong : Consumers who attribute their successes to internal character traits rather than hard work are more likely to feel ‘special’ and hunt for unique products, says a study by a team of researchers involving an Indian-origin professor, according to IANS.

  • Management for executives at IIM-A

    IIM Ahmedabad offers a one-year Postgraduate Programme in Management for Executives (PGPX). It is a full-time residential programme for executives with substantial work experience.

  • Chowdary tipped to be new CBDT chief

    New Delhi : Senior IRS officer K V Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes (CBDT), the apex authority of the Income Tax department, reports PTI.

  • Scanty rainfall forces Aurangabad to ban construction work

    Aurangabad : Even at the end of July scanty rainfall in the district which has worsened water crisis. As a result, district administration has banned construction activities as a measure to save water.