Free Press Journal
  • Lanco Infra project loans may turn NPA

    Mumbai : Dena Bank expects loans to two power projects of Lanco Infratech to slip into the non-performing asset category in Jul-Sep, two sources told Cogencis. One of the projects is operated by its subsidiary Lanco Vidarbha Thermal Power Ltd and the other by Lanco Mandakini Hydro Energies Pvt Ltd. While the companies’ loan repayments are still not due, delay in achieving the stipulated timelines for the stages of the project have

  • Roger Federer passes five-set test

    New York : Roger Federer made a narrow escape in a tense five-set thriller, sorting out worries about a back injury and poor preparation to reach the second round of the US Open.

  • Aadhaar data processed on own servers: UIDAI

    New Delhi : The UIDAI Wednesday rejected charges that foreign firms were accessing sensitive data, saying no Aadhaar information has ever been stored or processed outside its own data centre and resides only within its fully-secured servers. “Aadhaar data is fully safe and secure and has robust uncompromised security. The UIDAI data centre is an infrastructure of critical importance and is protected accordingly with high technology, conforming to the best standards of

  • HSBC sees India’s Q1 GDP growth remaining soft on weak investment

    New Delhi : India’s economic growth is likely to remain “soft” and the GDP is expected to grow by 6 per cent in April-June, down from 6.1 per cent in the preceding quarter, says an HSBC report. According to global financial services major, higher private consumption and government spending is likely to be “dulled” by weak investment and exports growth over the quarter. “Repercussions of an early budget and the newly implemented

  • Argentina, Uruguay collide in South America qualifiers

    Montevideo : Luis Suarez could yet line up against Barcelona team-mate Lionel Messi on Thursday as South America’s battle for 2018 World Cup places resumes with Argentina’s trip to Uruguay the pick of the fixtures.

  • Cabinet reshuffle possible before PM’s Beijing trip

    New Delhi : Prime Minister Modi called a meeting of his council of ministers on Wednesday evening in the capital leading to a speculation once again that he may reshuffle and expand his ministry on Friday or Saturday before travelling to China for the BRICS summit from Monday.

  • Russia, Dangal, Real Madrid champs

    Mumbai : Dangal, Real Madrid and Russia registered exciting victories to emerge champions, in the 10th Mastan YMCA Monsoon Basketball League.

  • Settlement with Bakshi not possible: McDonald’s

    New Delhi : Fast food chain McDonald’s Wednesday informed the NCLAT that settlement of dispute with Vikram Bakshi, its joint venture partner for north and east India, is not possible.

  • Dembele can replace Neymar, feels Umtiti

    Barcelona : FC Barcelona new recruit Ousmane Dembele can fill the shoes of Brazilian star Neymar at the club, feels defender Samuel Umtiti.

  • BHEL commissions HEP in Mizoram

    Mumbai : Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the first unit of 2×30 MW Tuirial Hydro Electric Project (HEP) in Mizoram. Significantly, this is the first large-rating hydro power project in the state of Mizoram.

  • Arsene Wenger faces testing end

    London : Rocked by Arsenal’s humiliating 4-0 defeat at Liverpool, Arsene Wenger faces a series of damaging transfer window defections that threaten to derail his side’s already chaotic season. With the transfer deadline looming at 2200 GMT on Thursday, Gunners boss Wenger finds himself mired in a mess of his own making as Alexis Sanchez and Alex Oxlade-Chamberlain headline a host of Arsenal stars trying to flee the troubled club.

  • Schaeffler to merge three Indian entities into one

    New Delhi : German auto component major Schaeffler AG announced plans to merge its three group firms in India to create a Rs 3,570 crore single entity supplying parts for automotive and industrial applications.

  • U Mumba beat Haryana Steelers

    Mumbai : Captain Anup Kumar and raider Shrikant Jadhav combined to score 14 points as U Mumba beat Haryana Steelers 38-32 in a Pro Kabaddi match.

  • Harinder, Downer to launch campaign

    Mumbai : Harinder Pal Singh Sandhu of Tamil Nadu and Englishman Robert Downer, the number one seed and second seed respectively in the men’s event of the 42nd Maharashtra State Men’s & Women’s Squash tournament, will launch their campaign on Thursday morning. The Maharashtra State championship is being organised by Bombay Gymkhana under aegis of SRFI and Maharashtra Squash Rackets Association and will be played at the Gymkhana’s glass-back courts.