Free Press Journal
  • India to be biggest car market by ’30

    NEW DELHI: India will emerge as the biggest passenger car market by 2030, with a car sold every second in the country, NITI Aayog CEO Amitabh Kant said on Wednesday. He said that India’s vehicular transportation scenario was set to “undergo a sea change” by the next decade with e-mobility emerging as the preferred mode of transport. Kant said that two-wheelers account for 76 per cent of all vehicles sold in India

  • Surjewala says, ‘Congress has Brahmin’s DNA’

    NEW DELHI: Facing accusation of playing the “Brahmin card”, the Congress on Wednesday defended party leader Randeep Singh Surjewala addressing a Brahmin seminar wherein he claimed his party has “Brahmin Samaj’s DNA in its blood”.

  • Govt makes Jan Dhan scheme open-ended

    New Delhi : The government on Wednesday decided to make the Pradhan Mantri Jan Dhan Yojana (PMJDY) an open-ended scheme and added more incentives to encourage people to open bank accounts. The flagship financial inclusion scheme was launched in August 2014 for a period of four years.

  • India M&A deals hit $34.8 bn in Q1

    New Delhi: Corporate India announced merger and acquisition (M&A) deals worth $34.8 billion during April-June this year, posting a 7-fold jump over the same period last year, says an EY report. According to EY’s report the period recorded highest quarterly deal value at $34.8 billion across 273 deals in India. While deal volume rose 19 per cent, the disclosed deal value was 6.8 times of the $5.1 billion reported in April-June 2017.

  • Nike draws flak over Kaepernick ad campaign

    Nike, due to your support of C.K. in your coming ads, I as an American can no longer support your company. #boycottNike #IStandForOurFlag,” a Twitter user wrote while sharing a video of himself setting his Nike shoes on fire.

  • GST refund claim process eased

    New Delhi  : Easing compliance burden for businesses, the Finance Ministry has said GST refunds can be claimed by simply submitting a printout of ‘GSTR-2A’ form to tax authorities instead of giving all purchase invoices of a month.

  • IL&FS defaults on Rs 1,000-cr short-term loan from SIDBI

    Mumbai : Infrastructure Leasing & Financial Services (IL&FS) has reportedly defaulted on a multi-billion-rupee short-term loan from Small Industries Development Bank of India (SIDBI), according to a report. The report also says that the bank has asked one of its senior officials in the risk management department to resign over the loan default.

  • Ogilvy and Lowe Lintas bags maximum award at IndIAA Awards 2018

    At the recently held IndIAA Awards at ITC Maratha, Ogilvy and Lowe Lintas bagged four awards at different categories. The India Chapter of International Advertising Association (IAA) presented the fourth edition of this award.

  • SC no on sharing NRC report with Centre

    The report said that all acceptable documents should be of the relevant period up to the midnight of March 24, 1971.

  • Not right time for listing: OVL

    New Delhi: ONGC Videsh (OVL) management feels it is not the right time to list the company as a better value can be derived after its giant gas fields in Mozambique and Iran start production in 2022, a top official said on Wednesday. The government had last month asked ONGC to list its overseas investment arm OVL on stock exchanges and transfer proceeds to it in the form of a special dividend,

  • Minor girl raped, eyes gouged out

    Uri :The police on Wednesday confirmed a gruesome rape and murder of a 9-year-old girl from Uri town and arrested the victim’s stepmother, stepbrother and three others in connection with the case.

  • Farmers, labourers hold mega rally in Delhi; slam Modi govt over policies

    New Delhi : Thousands of farmers and labourers from across the country held a massive protest in the national capital on Wednesday against what they called “anti-people” policies of the Modi government, and demanded higher prices for farm produce, waiver of loans and better wages, reports PTI.

  • Twitter names Krish as interim chief

    New Delhi: Taranjeet Singh, who was elevated as Twitter’s Country Director for India in May 2017, has decided to move on and Balaji Krish, Global Head of Revenue Operations and Strategy at Twitter, will be the interim Country Lead, the company said on Wednesday.  Over the next month, Singh will ensure a smooth transition to Krish who will be coming from the US to be interim country lead while Twitter searches for

  • Centrum buys L&T Fin’s supply-chain finance unit

    Mumbai: Centrum Financial Services, the NBFC arm of the Centrum group, has signed a pact to acquire the supply chain finance business of L&T Finance, for an undisclosed sum.