Free Press Journal
  • mid day trade, dollar, dollar rate, editorial, prices, relentless pressure

    Rupee sinks to lifetime low of 70.59 vs dollar

    Mumbai : The rupee on Wednesday crashed by a staggering 49 paise or 0.70 per cent to close at a historic low of 70.59 against the US currency due to strong month-end dollar demand from oil importers and foreign fund outflows.

  • Tata Power JV buys 75% stake in Prayagraj for Rs 6,000 crore

    New Delhi : Resurgent Power, a joint venture of Tata Power Company and ICICI Ventures, has acquired a 75 per cent stake in Prayagraj Power Generation for Rs 6,000 crore, the company said on Wednesday.

  • Asian Games : Indian teams storm into squash semis

    Jakarta : In their best ever show at the Asian Games, India were Wednesday assured of two more medals in squash after the men’s and women’s teams advanced to the semi-finals, here.

  • RInfra seals Rs 18,800-cr Mumbai power business sale to Adani

    Mumbai : Reliance Infrastructure (RInfra) on Wednesday said it has completed the Rs 18,800-crore deal for sale of its Mumbai energy business to Adani Transmission, which will help it pare debt by two-thirds to Rs 7,500 crore.

  • CIC seeks details of action taken against wilful defaulters

    New Delhi : The action taken against wilful defaulters of banks loans of above Rs 50 crore should be made public by the Finance Ministry, Ministry for Statistics and Program Implementation and RBI, the CIC has said.

  • M&M files patent infringement lawsuit against Fiat in US

    New Delhi : Mahindra & Mahindra (M&M) on Wednesday said a patent violation complaint has been filed against the home grown utility vehicles major by Fiat Chrysler Automobile US, LLC, at US-based International Trade Commission (ITC).

  • Government puts Air India stake sale plan on back burner

    New Delhi : The disinvestment of loss-making Air India will not happen in “near future”, a senior government official on Wednesday told a Parliamentary panel, according to sources.

  • Birlas rope in Vrde for ARC foray

    Mumbai: Aditya Birla Capital, the holding firm of all the financial services businesses of the Aditya Birla group, on Wednesday announced its entry into the asset reconstruction segment by sewing up a strategic partnership with the US-based alternative investment firm Vrde Partners.

  • Government may miss fiscal deficit goal: Moody’s

    New Delhi: Rating agency Moody’s Investors Service on Wednesday said there are risks of India breaching the 3.3 per cent fiscal deficit target for the current financial year as higher oil prices will add to short-term fiscal pressures.

  • Kohli hints at playing unchanged XI in 4th Test against England

    Southampton : R Ashwin has recovered from his hip injury and is fit to play the fourth Test against England, said Indian skipper Virat Kohli, who hinted that he would field an unchanged side on Thursday after changing the playing XI in each of the last 38 Tests.

  • Cathedral & John Connon triumph in Inter-School Chess C’ship

    Mumbai : The star-studded senior boys team of Cathedral & John Connon High School, Fort were crowned champions winning the Boys Open Standard X category in the IIFL Wealth-Mumbai Inter-Schools Chess Championship, at G.D. Somani School, Cuffe Parade.

  • Khandoba stun Kenkre FC 3-2 in WIFA Youth Boys (U-14) Championship 2018-19

    Mumbai : Khandoba TM, Kolhapur played with plenty of grit and determination and produced a solid fighting performance to put it across Kenkre FC, Mumbai 3-2 in an exciting boys’ under-14 quarter-final match of the 2nd WIFA Youth Boys (U-14) Championship 2018-19 and played at the Cooperage ground.