Free Press Journal
  • India may see $50 bn M&A in 2018: Report

    New Delhi : India is expected to see mergers and acquisitions (M&A) worth $50 billion in 2018, riding on plenty of stressed corporate assets on offer at tempting valuations, a report by industry lobby ASSOCHAM said on Monday. The forecast in 2018 was picked by the ASSOCHAM Year Ahead Outlook from trends in 2017, when India’s M&A transactions witnessed a quantum jump of 170 per cent in valuations and over 70 per

  • Bihar minister manhandled

    Suri (WB): A Bihar minister was on Monday allegedly manhandled by the employees of a hotel in the temple town of Tarapith

  • Barack Obama names his 2017 favourite books, songs

    Washington : Continuing the tradition of sharing his reading and playlists, former US President Barack Obama has named the books and songs that “moved” and “inspired” him in 2017.

  • Mark danger spots for selfies in tourist places: Government

    New Delhi : The ministry of tourism has advised all states and Union territories to identify tourist spots which are prone to accidents and erect signs warning visitors of the dangers involved in taking selfies at such locations, the government said on Monday, reports PTI.

  • The growing charm of online shopping fests the worldover

    Bengaluru : Late last year, business reporters from across the world were invited to Shanghai — China’s largest city — to witness the people of the most populous country in the world shop relentlessly for 24 hours. Chinese e-commerce giant Alibaba, one of the world’s largest retailers, has been celebrating the country’s ability to buy in abundance through its shopping fests since 2009. Through its 11.11 shopping festival, held on November 11

  • Ockhi: Families of 25 Kerala fishermen get Rs 22 lakh

    Thiruvananthapuram : Kerala Chief Minister Pinarayi Vijayan on Monday handed over Rs 22 lakh each to the family of 25 fishermen who died when Cyclone Ockhi struck the southern districts of Kerala on November 30.

  • Woman alleges misbehaviour by cop at New Year party

    NOIDA: A woman who was partying at sector 26 restaurant last night on new year’s eve has alleged misbehaviour by a policeman, officials said. Following the allegation, officials said the matter would be looked into and appropriate action will be taken . According to a police official, a team had gone to stop the function where the woman was present as it had exceeded the permissible time limit. According to the woman’s

  • bandhan files drhp for Rs 2500 crore IPO

    Kolkata : Bandhan Bank on Monday said it has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The private sector lender is looking to raise over Rs 2,500 crore via the share sale. The IPO consists of a fresh issue of up to 97,663,910 equity shares and an offer for sale of up to 14,050,780 equity shares

  • China develops underwater surveillance networks in Indian Ocean

    Beijing : China has developed a new underwater surveillance network to help its submarines get a stronger lock on targets while protecting the nation’s interests along the maritime Silk Road, which included the Indian Ocean, a media report said.

  • MbPT to build Rs 300 cr worth projects by June

    Mumbai : The Mumbai Port Trust (MbPT) is planning to open a slew of citizen-focussed facilities, being built at a cost of up to Rs 300 crore, over the next six months, a top official has said. “Many projects are in different stages of development and nearing completion. Works of around Rs 250-300 crore will be opened before the onset of the monsoon,” Sanjay Bhatia, the chairman of one of the country’s

  • India, Pak exchange 27th list of nuke installations

    New Delhi : India and Pakistan on Monday exchanged, through diplomatic channels simultaneously at New Delhi and Islamabad, a list of their nuclear installations and facilities for the 27th consecutive year, a statement said.

  • Govt identifies over 6,500 road bridges as deadly

    New Delhi : The Government has woken up to identify more than 6,500 deadly bridges on the Indian national highways that are in “distressed” condition, waiting for collapse to cause major casualties.

  • ONGC makes oil, gas discoveries west of Mumbai High

    New Delhi : State-run explorer Oil and Natural Gas Corp (ONGC) has made large oil and gas discoveries to the west of its Mumbai High fields, in the western offshore region, Parliament was informed on Monday.

  • No surprise trips to other states: Home Min to CMs

    New Delhi : The Home Ministry has advised the chief ministers not to make “surprise visit” to other states disturbing protocol and posing a security risk to themselves.

  • GAIL installs India’s second largest rooftop solar plant

    New Delhi : GAIL India (GAIL) on Monday said it has commissioned the country’s second biggest rooftop solar power plant in Uttar Pradesh. The 5.76 megawatt peak (MWp) captive solar plant at its petrochemical complex at Pata will generate over 79 lakh kilowatt hour (KWh) of electricity, a GAIL statement said. “With an expected PLF (plant load factor) of around 15 per cent annually, over 79 lakh KWh of electricity is targeted

  • Ration distribution system made online in Delhi

    New Delhi : The Delhi government on Monday said that the ration distribution in all 2,254 fair price shops here has been made online and will now be managed through the electronic Point of Sale (e-PoS) devices.