Free Press Journal
  • Belgium beats India in Four Nation final

    Hamilton (New Zealand) : India suffered a heartbreak 0-3 loss to Belgium in the penalty shootout after holding the world No. 3 to 4-4 draw in the final of the Four Nations Invitational Tournament at the Gallagher Hockey Stadium on Sunday.

  • Kane spares Tottenham from shock FA Cup exit

    London : Harry Kane came to Tottenham Hotspur’s rescue after they were just minutes away from a stunning FA Cup defeat away to lowly Newport County.

  • Foreign firm eyes AI’s overseas biz

    New Delhi : Union Civil Aviation Minister Gajapathi Raju, on Sunday, said that an international operator has expressed interest in buying out Air India’s (AI) foreign operations. Raju also admitted that the troubled national carrier’s debt could, after further scrutiny, come out to be significantly higher than the popularly believed Rs 50,000 crore sum.

  • My book predicted Trump’s election: Rushdie 

    Cartagena (Colombia) : Indian-born British author Salman Rushdie has said his book “The Golden House” predicted the election of US President Donald Trump although he was sure of Hillary Clinton winning.

  • JSW may offer 30k cr for Bhushan Steel Ltd

    New Delhi : In a bid to give a tough competition to its competitors, JSW Steel Ltd is expected to double its bid value for debt-laden Bhushan Steel Ltd, a source privy to the development told the Press Trust of India (PTI). The last date to submit bids is February 3, 2018.

  • Saudi football teams denied neutral venues for Qatar clashes

    Kuala Lumpur : Saudi Arabian football teams will be required to play away matches in Qatar during the Asian Champions League despite the kingdom’s travel ban on its Gulf neighbour, Asia’s football governing body said on Sunday.

  • Budget will determine  the markets’ trajectory

    Mumbai : Announcements on capital expenditure, along with policy reforms and the expected sops from the the Union Budget 2018-19, will determine the trajectory of the Indian equity markets this week. The other themes for the trade week starting January 29 will be macro-economic growth and select industrial production data points, coupled with stock-specific movements driven by the results season, according to market observers.

  • Villarreal thrash Real Sociedad

    Madrid : Villarreal maintained the pressure on Real Madrid in the battle for fourth place in the La Liga as they eased past Real Sociedad to beat the Basque football club 4-2 in Vila-real.

  • RE space to consolidate, Suzlon exec

    Davos : As the renewable energy (RE) sector continues to see a big influx of new players, Nidhi Tanti of Suzlon Energy feels there will be significant consolidation soon, even as she advocated for better coordination between the central and state government departments on policy and regulation for the clean energy business.

  • EXIM Bank raises $1 bn in london bond issue

    London : The Export Import Bank of India has raised $1 billion with a bond issuance on the London Stock Exchange (LSE). The 10-year dollar bonds were nearly two times oversubscribed. The proceeds raised will be used to support Indian project exports, overseas investment by way of long term credit and its lines of credit portfolio. “The notes achieved the tightest ever spread over US Treasury for an Indian entity for a

  • Tax planning for the year

    It’s that time of the year when you should begin your tax planning exercise and towards this end, is being published our annual article reiterating our annual tax saving tips. Notice that we call it our ‘annual’ article and our ‘annual’ tax saving tips. This is because the basic principles and practices behind sound financial and tax planning never change from year to year. In fact, for a large part, these remain

  • India Inc logged M&A, PE deals worth US$ 60.5 billion in 2017

    New Delhi : Corporate India’s deal tally including M&A and private equity (PE) amounted to around $60.5 billion in 2017, driven by big-ticket consolidation. The outlook for this year looks bullish too, says a report. There were 1,147 deals (M&A and PE) worth $ 60.54 billion in 2017 against 1,485 such transactions worth USD 57.85 billion in 2016, according to the Grant Thornton report. “This momentum was largely driven by big ticket

  • Rural bias to be prominently visible in Budget: Report

    Left with squeezing fiscal space due to rising crude oil prices, looming uncertainty over GST collections, the last full Budget of the NDA Government would most likely be hugely rural –focussed, though middle class tax-payers may be offered some saving sops in small measures, even as the Finance Minister Arun Jaitley would have to heavily bank on the non-tax receipts, an ASSOCHAM Budget Paper has said.