Free Press Journal
  • SC gives Sahara ‘final’ chance to raise money 

    New Delhi: The Supreme Court on Monday gave Sahara a “final and last opportunity” to raise Rs.10,000 crore to make part payment to investors for the money raised in 2008-09, as a precursor to the release of Subrata Roy and two directors from custody.

  • All eyes on SCG curator ahead of India-Australia clash

    Sydney: Tom Parker, the unassuming Sydney Cricket Ground (SCG) curator, has become the most wanted man here in the lead-up to Thursday’s high voltage World Cup semi-final clash between India and Australia.

  • Corporate Espionage

    SC notice to Centre, Essar on bureaucrat-corporate nexus 

    New Delhi: The Supreme Court on Monday issued notice to the central government, the CBI and Essar on a PIL seeking a court-monitored probe into the politician-bureaucrat-corporate nexus exposed in email leaks that showed a company allegedly granted gifts and favours to ministers and bureaucrats for promoting its business.

  • Chinese premier reaffirms cooperation by AIIB

    Beijing: Chinese Premier Li Keqiang on Monday reaffirmed cooperation between the Asian Infrastructure Investment Bank (AIIB) and existing financial institutions.

  • Congress seeks FIR against Madhya Pradesh CM

    New Delhi: The Congress on Monday demanded police action against Madhya Pradesh Chief Minister Shivraj Singh Chouhan for allegedly tampering with evidence to absolve himself in the Vyapam scam.

  • Asia-Pacific leaders condole Singapore ex-PM’s death

    Hong Kong: Leaders in the Asia-Pacific region have extended their condolences to Singapore over the death of its founding father and former prime minister Lee Kuan Yew, who passed away early Monday morning at the age of 91.

  • 53% Indians to increase travel budget in 2015: Survey

    Mumbai: A large number of Indians have travel plans for this year, with a majority of them indicating that they may increase their spending, says a survey. “More than half (53 per cent) the Indians will increase their travel budget in 2015. Of those planning to increase their travel spend, 52 per cent indicate that they plan to do so because they feel vacations are something they or their family deserve and 46

  • HC disposes of plea as law banning bull slaughter enacted

    Mumbai: A petition seeking enforcement of Maharashtra Animal Preservation (Amendment) Act, which bans slaughter of bullocks and bulls, was today disposed of by the Bombay High Court which said the law had already come into force. A bench of Justices V M Kanade and A R Joshi said the law had already come into force and nothing survives in the petition filed by Bhartiya Gauvansh Rakshan Sanvardhan Parishad.

  • Sun-Ranbaxy deal gets final CCI nod; Emcure to buy 7 brands

    New Delhi: Sun Pharma and Ranbaxy have got approval from the Competition Commission for sale of seven brands to Emcure Pharma to comply with the fair trade watchdog’s conditional nod for their USD 4-billion merger. In an order issued today, CCI also approved the deal with Emcure, which would purchase the ‘divestment products’ that were ordered to be sold in an earlier direction issued in December last by the Competition Commission of India

  • Railways restrict e-ticketing service

    New Delhi: To discourage online multiple ticket purchase by touts, the Indian Railways decided on Monday to restrict its e-ticketing service for booking only one ticket per user login session. “The ministry of railways has decided that in case of e-ticketing, there will be a restriction of only one booking in one user login session,” the railways said in a statement.

  • gold shopping

    Gold halts 3-day rally to end a shade lower; silver firms up

    Mumbai: Snapping a three-day upsurge, gold prices moved down marginally at the bullion market here due to reduced offtake by stockists and lacklustre local buying support. On the other hand, silver firmed up further owing to good industrial demand. Standard gold (99.5 purity) eased by Rs 20 to settle at Rs 26,080 per 10 grams from last Saturday’s closing level of Rs 26,100.

  • IMF chief hails AIIB as US mellows down criticism

    Beijing: IMF chief Christine Lagarde today hailed China-funded Asian Infrastructure Investment Bank (AIIB) as Beijing reached out to a suspicious US, saying any country willing to join the USD 50 billion multinational lender is welcome. Winding up her five-day visit, Lagarde who met Chinese Premier Li Keqiang and other officials said in a statement that during her talks with them she “welcomed China’s various initiatives in this area, including through the newly- established

  • Srikanth hopes for India Open final against Lin Dan

    New Delhi: Top Indian shuttler Kidambi Srikanth is hoping for a men’s singles final against two-time Olympic champion Lin Dan at the $275,000 India Open Superseries, which commences here on Tuesday.

  • Arrow to Offer IBM Global Training in India

    Mumbai: Arrow Electronics, Inc. (NYSE: ARW), today announced that Amstar Technologies Pvt. Ltd. (Amstar) recently joined Arrow’s global training alliance to offer official IBM Systems and Software training courses in India. As an authorized IBM Global Training Provider, Arrow offers a global learning ecosystem that makes IBM Training available around the world, delivered in a consistent manner and based on local requirements.

  • Indian football team leaves for AFC U-23 Championship

    New Delhi: A 23-member squad under head coach Savio Medeira left for Dhaka, Bangladesh, on Monday to compete in the Asian Football Confederation (AFC) Under-23 Championship.

  • Unscheduled Indian tour hurt SL WC preparations: Official

    Colombo: The hurriedly arranged tour of India by Sri Lankan cricket administrators last year hurt the team’s chances of going beyond the quarter-final stage of the World Cup, a former SLC co-member has said. In a letter to the SLC Chairman Jayantha Dharmadasa, Shammi Silva says the Indian tour, which Sri Lanka lost 5-0, upset the fitness program aimed at the 50-over showpiece event.

  • Expect New Zealand to engage in sledging: A. B. de Villiers

    Auckland: South African skipper A.B. de Villiers believes there will be on-field sledging as they will be “expecting the unexpected” from a formidable New Zealand side in the semi-finals of the cricket World Cup at Eden Park on Tuesday.

  • IOC commissioners prepare to inspect Beijing’s 2022 bid

    Beijing:  An IOC evaluation commission began meetings in Beijing today in preparation for a five-day inspection of the city’s bid for the 2022 Winter Olympics. The 19-member commission begins visiting sites for hockey, ice skating and other events in central Beijing on Tuesday before checking proposed skiing and sliding venues further outside the city. Beijing is competing against Almaty, Kazakhstan, and is seeking to become the first city to host both the summer