Free Press Journal
  • Indian Overseas Bank seeks bids for 5 NPAs

    Mumbai : Indian Overseas Bank (IOB) has invited initial bids from asset reconstruction companies, banks, financial institutions, and non-banking finance companies for the proposed sale of five non-performing assets worth Rs 383 crore, the lender said in a notification, reports Cogencis.

  • PTI Photo by Mitesh Bhuvad

    RBI Guv appears before Parliament Panel for second time

    New Delhi : RBI Governor Urjit Patel on Wednesday appeared before a Parliamentary panel for the second time and is understood to have said the deposited banned notes are still being counted and therefore was not in a position to give a figure of the scrapped currency back in the system.

  • Chandimal, Tharanga to captain SL

    Colombo : Sri Lanka appointed two new captains on Wednesday to replace Angelo Mathews, who resigned after his side’s humiliating home series defeat to bottom-ranked Zimbabwe.

  • DoT panel to study Deloitte views on MTNL’s merger with BSNL

    New Delhi : The Department of Telecommunications has set up a committee to study the recommendations of a Deloitte report which has suggested the merger of Mahanagar Telephone Nigam Ltd with Bharat Sanchar Nigam Ltd, MTNL CMD, P K Purwar told reporters on Wednesday.

  • andy murray queens tournament

    Querrey knocks out Andy Murray

    London : Sam Querrey sent hobbling defending champion Andy Murray crashing out of Wimbledon, reaching his first Grand Slam semi-final at the 42nd attempt.

  • AI decision on non-veg food comes under Parl panel lens

    New Delhi : A Parliamentary panel on Wednesday raised concerns over Air India’s decision to stop serving non- vegetarian food to economy class passengers on domestic flights and would seek an explanation from the airline on the measure.

  • Pulses fumigation allowed at Indian ports for three countries

    NEW DELHI : The government has exempted pulses imported from Canada, France, and the US from mandatory fumigation at port of origin, a senior government official said on Wednesday. These countries have been allowed to fumigate pulses cargoes at Indian ports by paying only the fumigation fee, the official said.

  • Indian-American doctor couple die in plane crash

    Houston: An Indian-origin psychiatrist couple was killed when their small private plane crashed in the US state of Ohio, police said on Wednesday.

  • RJio files police complaint alleging unlawful access to its systems

    Mumbai : Reliance Jio Infocomm Ltd, the telecom subsidiary of Reliance Industries Ltd, has registered a police complaint at a police station in Navi Mumbai, alleging unlawful access to its systems by unknown persons, a police officer said.

  • IDBI Bank’s gross NPA divergence by March 2016

    New Delhi : Public lender IDBI Bank’s gross NPAs by the end of March 2016 were lower than the Reserve Bank’s estimate, with a divergence of Rs 6,816.60 crore, its annual report shows. As of March 31, 2016, the bank had reported gross non- performing assets (NPAs) or bad loans to the tune of Rs 24,875.07 crore, according to the bank’s annual report for 2016-17.

  • Fitness & finance jostle for spotlight

    Paris : Real Madrid and Barcelona square off in a rare overseas Clasico while Manchester United and Manchester City meet for the first time outside Britain as the world’s leading clubs strive to optimise their pre-season preparations.

  • ‘Closure of 43 McDonald’s outlets in Delhi is a blip’

    New Delhi : Closure of 43 McDonald’s outlets in Delhi is a local issue and it has not hurt the brand in other parts of India, according to Hardcastle Restaurants, the licensee of the US fast food chain for West and South India.

  • Ronaldinho to visit Mumbai on Friday

    New Delhi : Former FIFA World Player of the Year Ronaldinho will visit India on Friday and explore his future with Premier Futsal, a variation of football played indoors.

  • Rupay credit cards already operational

    Bengaluru : Rupay credit cards are already in operation since June 15, National Payments Corporation of India (NPCI) MD and CEO A P Hota said on Wednesday.

  • Airlines operating smaller aircraft may enjoy benefits

    NEW DELHI : The government plans to provide additional benefits under the second phase of the regional connectivity scheme—Ude Desh ka Aam Nagrik, or UDAN—to airlines operating smaller aircraft, a spokesperson of the civil aviation ministry said.

  • RJio files police complaint alleging unlawful access to its systems

    Mumbai : Reliance Jio Infocomm Ltd, the telecom subsidiary of Reliance Industries Ltd, has registered a police complaint at a police station in Navi Mumbai, alleging unlawful access to its systems by unknown persons, a police officer said.

  • 48 students graduate as football managers

    Mumbai : A total of 48 students graduated as Football Managers having passed out with flying colours from the inaugural batch of India’s first-ever Diploma in Football Management course, conducted by WIFA Skillanation. This Diploma course is recognised by the All India Football Federation (AIFF).

  • HPCL’s bond oversubscribed 6 times in international market

    Hindustan Petroleum Corp Ltd (HPCL) announced that it has successfully raised 10-year fixed rate unsecured USD bond (Notes) amounting to USD 500 million from investors in Asia, Europe and Middle East. Proceeds of the bond will be used to fund capital expenditure for ongoing and future domestic projectThis is HPCL’s inaugural foray into the international bond market. The 10-year benchmark has a semi-annual coupon of 4 per cent per annum and a