Free Press Journal
  • Sindhu, Praneeth win at World C’ships

    Glasgow : Indians continued their good run at the World Badminton Championship with P V Sindhu, B Sai Praneeth and Ajay Jayaram registering straight game victories in singles events.

  • Cairn seeks additional $249 mn from India

    Cairn had before an international arbitration tribunal in July last year sought $5.6 billion in compensation from the Indian government for raising a retrospective tax claim.

  • Alibaba’s UC Browser under govt scanner over data leaks

    Mumbai : Alibaba’s UC Browser has come under the government’s scanner for alleged leak of mobile data of its Indian users and may be banned in the country if found guilty, a senior IT ministry official said Tuesday. “There have been complaints against UC Browser that it sends mobile data of its users in India to server in China. There are complaints that even if an user has uninstalled it or cleaned

  • OBC to raise Rs1K cr

    New Delhi : Public sector lender Oriental Bank of Commerce plans Tuesday said it will raise up to Rs 1,000 crore by issuing Basel III compliant bonds on private placement basis. “The bank intends to raise tier I capital through private placement of Basel III compliant additional tier I bonds of Rs 10 lakh each at par aggregating to Rs 500 crore,” OBC said in a regulatory filing. The bank said the

  • California to investigate rise of white supremacy

    Washington : California lawmakers will hold public hearings in September to probe the rise of white supremacy in the wake of the Charlottesville unrest, the state Senate leader said.

  • MFIs’ loan book rises 26% in Q1

    New Delhi : The loan portfolio of micro- finance institutions (MFIs) increased by 26 per cent to Rs 35,045 crore in the first quarter ended June 2017, an industry body said. The gross loan portfolio or GLP of Non-Banking Finance Company-Microfinance Institutions (NBFC-MFIs) was Rs 27,921 crore at the end of April-June 2016-17. As of June 30, 2017, NBFC-MFIs provided micro-credit to around 2.08 crore clients, an increase of 19 per cent