Free Press Journal
  • Manipal extends validity of Fortis offer

    New Delhi : Manipal-TPG combine has said it has extended the validity of its modified offer for Fortis Healthcare to June 6, 2018.

  • Will reinvest profits in  like India: Uber

    New Delhi : Cab-hailing firm Uber will re-invest profits in its products and technology, emerging markets like India and to scale up its Uber Eats and JUMP businesses globally, its chief executive Dara Khosrowshahi said.

  • Amazon may ban shoppers for too many returns

    Washington : Are you in the habit of placing orders on Amazon and returning the items too frequently? You might be risking yourself a ban by the e-commerce giant.

  • MOIL Q4 net rises 10% to Rs 128 cr

    State-run MOIL on Thursday reported a 10 per cent rise in its standalone net profit to Rs 127.78 crore for the quarter ended March 31. The company had clocked Rs 115.80 crore net profit during the same quarter a year ago, MOIL said. During the January-March quarter of 2017-18, its total income grew by 39 per cent to Rs 443.13 crore, from Rs 318.76 crore in the year-ago period.

  • Auditors see more headwinds ahead for Jet Airways

    Mumbai : With Jet Airways incurring a huge fourth quarter loss of over Rs 1,000 crore, its auditors have said the “appropriateness of assumption of going concern” for the company depends on its ability to raise necessary funds, among other factors.

  • Waiting for market to mature to split co: GAIL

    New Delhi : Facing a prospect of being split into two, GAIL India on Thursday said it supports reforms like unbundling of gas marketing and transportation business but such a move globally has been done only after gas market has matured. In a point by point rebuttal to critics, its Chairman and Managing Director B C Tripathi said GAIL is the only company in the country that has built multiple gas pipelines

  • 10th Edition of manufacturing IT summit to be held on June 14

    The 10th edition manufacturing IT summit will be held on June 14 in Mumbai. The summit is the perfect platform for C-suite executives of manufacturing companies across industries, to come together and discuss the IT trends in Indian manufacturing industry, network with peers, and build ROI-backed business relations. This summit also facilitates a marketplace for the buyers to meet with the sellers offering disruptive solutions on the emerging trends in manufacturing’s IT.

  • WR opts for biogas to fire up kitchen stoves

    Western Railway has set up a solid waste disposal and management system at Mumbai Central. It has been set up outside the Coach Care Center and has begun functioning with effect from May 23. This biogas plant will convert organic waste into gas which will be used for cooking. This major initiative is a wise decision to tread on the path towards a greener, healthier and cleaner environment. According Ravinder Bhakar, Chief

  • GAIL India profit rises 31.8% to Rs 4,618 crore

    GAIL India posted a 31.8 per cent rise in net profit at Rs 4,618 crore for the financial year ended March 31, 2018, while revenue from operations rose 10.1 per cent to Rs 53,825 crore.

  • Sensex zooms 318 pts; Nifty tops 10,500-mark

    Mumbai, The BSE Sensex rebounded over 318 points today on robust buying in IT, banking, metal and pharma stocks amid mixed global cues. This is the benchmark’s biggest single session gain since April 5, when its had surged by 577.73 points. Unabated buying by domestic institutional investors (DIIs) contributed to the uptrend.

  • Tata Motors stocks crack over 8% after Q4 results

    New Delhi: Shares of Tata Motors today tumbled over 8 percent after the company reported 49.82 percent decline in consolidated net profit for the March quarter. The stock opened the day on a weak note and further slumped 7.93 per cent to Rs 284.70 — its 52-week low — on BSE.