Free Press Journal
  • 4 held for disrupting Pak play

    Gurgaon : Four people, claiming to be members of the right-wing Shiv Sena party, were on Sunday arrested for creating a ruckus during the performance of a play by Pakistani artistes in this millennium city. The play, ‘Banjh’ (barren) by seven Pakistani artistes, including two women, was being staged late on Saturday evening in sector 29 when several people climbed onto the stage shouting anti-Pakistan slogans and disrupted the performance. Officials said the situation

  • Politics of hatred needs to be snuffed out: Vohra

    Srinagar : Jammu and Kashmir Governor N N Vohra on Sunday said the “politics of religious hatred”, which is causing death and destruction across the globe, needs to be snuffed out.

  • IAFS: Morocco king arrives in Delhi for summit

    New Delhi : Morocco King Mohammed VI was the first head of state to arrive on Sunday to participate in the 3rd India-Africa Forum Summit that begins on Monday.

  • Hospital guard held for stealing oxygen equipment

    Indore : Chhatripura police on Saturday arrested a security guard of a hospital for stealing new oxygen equipment worth Rs 60,000 and recovered the booty from his possession.

  • 17 killed in Indonesian bar fire

    Manado : Seventeen people were killed in a fire that raced through a packed karaoke bar early on Indonesia’s Sulawesi island, and 71 others were hospitalized for smoke inhalation.

  • Fresh Israeli-Palestinian violence after new Al-Aqsa measures

    Jerusalem : Fresh violence flared between Israelis and Palestinians today as Prime Minister Benjamin Netanyahu agreed to install security cameras at the flashpoint Al-Aqsa mosque compound in a bid to defuse tensions.

  • Argentines vote for prez, ending Kirchner dynasty

    Buenos Aires : Voters in Argentina headed to the polls on Sunday to choose their next president in an election that will bring an end to 12 years of government under power couple Nestor and Cristina Kirchner. Their heir apparent, Buenos Aires provincial Governor Daniel Scioli, is poised to win but may undo parts of their controversial legacy.

  • Titanic biscuit sells for £15000 at UK auction

    London : The “world’s most valuable biscuit”(in pic), which survived the sinking of the Titanic in 1912, has fetched a whopping 15,000 pounds at an auction in the UK, while a photograph believed to be that of the iceberg which sank the liner sold for 21,000 pounds.

  • Gold-linked schemes to be launched on eve of Diwali: PM

    New Delhi : On the eve of Diwali, the government will launch important gold-related schemes, including the Gold Monetisation, Prime Minister Narendra Modi announced on Sunday, expressing confidence that it will give a new direction to the economic development. Besides the Gold Monetisation Scheme, the government will also launch ‘Sovereign Gold Bonds’ and gold coins with Ashok Chakra, he said in his monthly radio programme ‘Mann Ki Baat’.

  • General Atlantic to acquire 21.61% stake in IIFL Wealth for Rs 1.2k cr

    Mumbai : Global private equity firm General Atlantic Singapore Fund Pte Ltd will acquire 21.61 per cent shareholding in IIFL Wealth Management Ltd, the wealth management subsidiary of IIFL Holdings Ltd, for an estimated Rs 1,122.34 crore.    IIFL Holdings on Saturday said, “General Atlantic will make a strategic investment to become a minority shareholder in wealth subsidiary IIFL Wealth Management Ltd.”

  • Sebi , mutual funds, platforms , consumers , e-commerce

    New Delhi : A cash prize of up to Rs 30 crore for innovative entrepreneurs and setting aside 1 per cent of corporate profits to encourage out-of-the-box thinking are some of the proposals suggested by a NITI Aayog panel to the government, reports PTI.

  • Sebi wants MFs to join e-commerce bandwagon to deepen market

    New Delhi : As an ever-growing number of consumers flock to e-commerce websites for their shopping needs, regulator Sebi is considering allowing sale of mutual funds through these platforms to deepen this market. Sebi chairman U K Sinha, who himself was heading leading fund house UTI Mutual Fund before becoming chief of the capital markets watchdog in 2011, met representatives from e-commerce and other technology platforms. The meeting was also attended by Nandan

  • Sebi mulls mandatory ‘Dividend Policy’ for listed companies

    New Delhi : As debate continues about IPO- bound airline IndiGo doling out hefty dividend payouts to its promoters, markets regulator Sebi is mulling making it must for all listed companies to have a stated ‘Dividend Policy’. The move is aimed at helping the investors identify stocks with greater return potential, but the proposed ‘Distribution Distribution Policy’ would not mean forcing the companies to pay the dividend, a senior official said. Rather, it

  • Special audit report on Amtek Auto likely by next week: Bankers

    Mumbai : Lenders to the crisis-ridden Amtek Auto will soon decide on a corrective action plan (CAP) based on a special audit report likely to be submitted in the coming week.  After the company landed in a financial soup, bankers had entrusted the mandate of conducting a special audit to TR Chadha and Co., a city-based auditing and accounting firm. The New Delhi-based auto component maker had defaulted on repayment of Foreign Currency