Free Press Journal
  • Mumbai: Snag halts Monorail yet again

    Mumbai: A day after Mumbai Monorail service resumed after a gap of almost 10 months on September 1, it came to a standstill on Sunday afternoon due to a technical snag and cable infringement. Result: The monorail was stuck near Chembur for nearly an hour and passengers had to be evacuated.

  • China’s ‘Silk Road’ project runs into debt jam

    BEIJING: China’s massive and expanding “Belt and Road” trade infrastructure project is running into speed bumps as some countries have begun grumbling about being buried under Chinese debt.

  • Bhima Koregaon violence: Pune Court gives cops 90 days to file chargesheet against activists arrested in June

    Pune (Maha): A Pune court Sunday granted extension of the 90-day period for filing charge sheet against five persons arrested in June for alleged Maoist links. The court of special Unlawful Activities (Prevention) Act (UAPA) judge KD Vadhane granted the extension sought by Pune Police, said Assistant Commissioner of Police Shivaji Pawar, the investigating officer in the case.

  • Arrest of activists: So-called incriminating letters not legally tenable?

    Mumbai: Even as the Pune police is claiming to have seized  ‘thousands’ of letters from the houses of the arrested human rights activists, which allegedly establish their links with Maoists, the legal admissibility of such documents is in question. At a press conference recently, Maharashtra police had displayed several such letters and emails, purportedly written by the activists, to suggest that they had conspired with Maoists to overthrow the government. One such

  • wipro

    Wipro bags its biggest-ever deal from US firm

    New Delhi : IT services major Wipro on Sunday said it has won an over $1.5 billion engagement from US-based Alight Solutions, its biggest deal till date.

  • Asian Games : Indian contingent finish campaign on high

    Jakarta : Achievements over the past two weeks, in the world’s second biggest multi-sport event, matched India’s aspirations and set the country on a road that appears far more promising than the path it has been on for decades. The best-ever medal haul at the 2018 Asian Games is a leap forward for Indian sport after the Commonwealth Games medal spurt.

  • R-Infra may get rating upgrade after debt cut

    New Delhi : Within weeks of facing multiple downgrades, Reliance Infra has begun to see positive rating actions by agencies, with one of them having already withdrawn its ‘default’ rating following interest payments and final redemption of certain debentures.

  • Mehul Choksi’s properties are money laundering assets, says PMLA

    New Delhi : A designated PMLA authority has held that 41 properties worth about Rs 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweller Mehul Choksi and his associated firms, are money laundering assets and ordered that their attachment should continue.

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    Asian Games : Host Indonesia bid spectacular farewell

    Jakarta : Indonesia bid an emotional farewell to the 18th Asian Games, displaying the same gritty spirit with which it organised the 15-day sporting extravaganza as thousands braved heavy rain to turn up for a spectacular closing ceremony here on Sunday.

  • Government plans exams for aspiring independent directors

    New Delhi : The government plans to have examinations for individuals who want to become independent directors as part of bolstering the corporate governance framework, according to Union Minister PP Chaudhary.

  • A N Shanbag

    Invest in equity without any risk – A N Shanbhag

    Over a year back, we had written about investing in equity without taking any risk whatsoever. Now once again we revisit this topic as the markets are getting overheated. Analysts, prone as they are towards a herd mentality, have all started singing the same tune – that a steep correction is round the corner. Never mind the fact that these so called analysts have almost always been caught wrong footed.

  • External factors behind fuel price rise: Dharmendra Pradhan

    Surat : Union Petroleum and Natural Gas Minister Dharmendra Pradhan Sunday blamed “external factors” for the rise in domestic prices of petrol and diesel, but said the increase is temporary.

  • Calcutta High Court freezes service tax audit post-GST

    Mumbai : In a major relief to the petitioners, Infinity Bnke and Infinity Infotech, the Calcutta High Court has granted stay against audit notices issued by Central Tax officers for conducting audit of the last five years under service tax, after the introduction of GST.