Free Press Journal
  • SAT stays trading restrictions on JKumar, Prakash Industires

    Mumbai : The Securities Appellate Tribunal Thursday stayed trading restrictions imposed on JKumar Infraprojects and Prakash Industries, which are among the 331 suspected shell companies identified by the government, saying Sebi passed the order without carrying out any probe. Sebi, on August 7, asked stock exchanges to restrict trading in shares of 331 “suspected shell companies”, some of which have investments by several well-known domestic and foreign investors.

  • Sreesanth Ban: BCCI set to file appeal

    New Delhi : S Sreesanth will not get any immediate relief from the BCCI after the board decided to appeal to the Division Bench of Kerala High Court against lifting of life ban on the tainted pacer.

  • ‘Continued support to AI during stake sale process’

    New Delhi : The government will continue to support Air India during the disinvestment process and honour committed financial obligations till any further direction, union minister Jayant Sinha told the Lok Sabha on Thursday. In a written reply, he said cost reduction steps coupled with the implementation of the turnaround plan has resulted in an improved performance of Air India as it is “showing a turnaround on both operational and financial parameters”.

  • Vehicles’ insurance can’t be renewed without PUC certificate: SC

    New Delhi : Concerned over rising vehicular pollution, the Supreme Court Thursday issued a slew of directions that included non-renewal of insurance policy of vehicles unless the owner provides pollution under control (PUC) certificate to the insurance firms. A bench comprising justices Madan B Lokur and Deepak Gupta took note of the fact that some fuel refilling outlets in the National Capital Region (NCR) did not have the PUC centres.

  • Brad Haddin joins Oz team as coach

    Sydney : Former wicketkeeper-batsman Brad Haddin has joined the Australian men’s team as a high-performance coach until the end of 2019, Cricket Australia (CA) announced on Thursday.

  • Hadiya case: Apex court orders Kerala Police to share probe details with NIA

    The Kerala High Court on May 25 had declared as “null and void” the marriage of a 24-year-old Hindu woman, who converted to Islam to wed a Muslim man in December 2016, terming it a “sham” and ordered Hadiya, as she is now known, be placed in her parents’ protective custody

  • Fund infusion in PSU banks after September

    New Delhi : The government is likely to infuse capital in public sector banks only after September, once it gets a clearer picture on non-performing asset resolution and financial performance, a senior finance ministry official said on Thursday. “Capital infusion for the current year will still take some more time… Let the dust settle then we will take a final call on capital infusion for the year,” the official told Cogencis. The

  • Mexico football captain linked to drug cartel

    Washington : The US Treasury has accused Rafael Marquez, captain of Mexico’s national football team and a former FC Barcelona player, of being a “front person” for a major drug trafficking organization. Marquez, who has captained his team a record four times in the World Cup, was one of 22 people and 43 entities the US Treasury placed on a sanctions list in relation to a Guadalajara-based drug trafficking group controlled by