Free Press Journal
  • RBI not comfortable with Bitcoins: Sen

    There has been a growing number of investors in such currencies over the last few years, especially with the huge spurt in the value of a few of them since  Trump administration came in the US.

  • BPCL eyes new biz streams to raise revenue

    Mumbai : State-run Bharat Petroleum Corporation Limited (BPCL) is looking at increasing the revenue from new business streams. Developing new business streams will be to enhance customer experience which will help protect BPCL’s volume, said K Sivakumar, director (finance) of BPCL.

  • Yashwant Sinha, indian economy

    Indian economy in period of dense fog: Credit Suisse

    Mumbai : Describing Indian economy to be in a period of “dense fog”, Credit Suisse Wednesday said structural reforms including GST has introduced significant uncertainties related to growth, fiscal health, inflation, currency and the banking system in the country, for the near term. Credit Suisse’ India Equity Strategist Neelkanth Mishra told reporters here that the “Indian economy is going through a period of dense fog” with uncertainty of macro-economic variables by itself

  • AI plans to raise Rs 3,250 crore of loan

    Mumbai : National carrier Air India plans to take short-term loans of up to Rs 3,250 crore to meet “urgent working capital requirements”, according to a document. The disinvestment-bound airline, which is staying afloat on taxpayers’ funds, expects to get the central government’s guarantee for the proposed borrowings shortly. As part of efforts to revive the loss-making Air India, a ministerial panel is working on the modalities for strategic disinvestment of the

  • 11 bidders show interest in Jaiprakash Power

    Mumbai : Banks that sought to sell a major portion of their near 52% stake in Jaiprakash Power Ventures Ltd have received 11 bids to buy at least 30% stake in the company, a source in the know told Cogencis. Of the 11 financial institutions and strategic investors who expressed interest in acquiring stake in the company, at least two were international players, the source said. Together, State Bank of India, ICICI