Free Press Journal
  • Government seeks advisers for Air India disinvestment

    New Delhi : Taking forward the process for Air India divestment, the government Thursday invited applications from investment bankers, law firms and other entities to act as advisers for strategic stake sale of the flag carrier. The government has decided on strategic disinvestment of the loss-making Air India, which is staying afloat on taxpayers’ funds, and a ministerial panel is working on the modalities.

  • Sharif got salary from UAE-based firm: Pakistan Supreme Court

    Islamabad : Pakistan’s Supreme Court on Thursday observed that documents submitted in the Panama Papers case proved that then Prime Minister Nawaz Sharif received a salary from a UAE-based company in August 2013.

  • Russia launches war games on NATO’s eastern flank

    Moscow : Russia on Thursday began major joint military exercises with Belarus along the European Union’s eastern flank — a show of strength that has rattled nervous NATO members.

  • Major shake-up for Australia media

    Sydney : Controversial changes to Australia’s media laws passed the upper house on Thursday, paving the way for a significant concentration of ownership, in a move welcomed by the industry.

  • India’s coach for women boxers resigns

    New Delhi : India’s first ever foreign coach for women boxers — Stephane Cottalorda — has resigned within a month of taking over, complaining of delay in salary payment and lack of professionalism in the national federation.