Free Press Journal
  • Bajaj Hindusthan to sell Lalitpur Power stake

    New Delhi : Bajaj Hindusthan Sugar plans to sell its entire 17.51 per cent stake in the group firm Lalitpur Power Generation Company (LPGCL), estimated to be worth Rs 1,100 crore.

  • Vistara to buy 19 Airbus, Boeing jets for $3.1 bn

    New Delhi : Vistara on Wednesday said it would place orders for 19 Airbus and Boeing planes worth $3.1 billion (over Rs 21,300 crore) and induct 37 more aircraft from A320 neo family on lease, as it embarks on “aggressive expansion”, including flying overseas.

  • India plans rules to regulate e-commerce

    Geneva : India is in the process of framing rules to regulate the e-commerce sector, which is expected to touch $120 billion by 2020, Food and Consumer Affairs Minister Ram Vilas Paswan said on Wednesday.

  • Sam Balsara to be inducted into IAA Hall of Fame at Leadership Awards

    Come this July 27, the India Chapter of the International Advertising Association (IAA) is getting ready to induct advertising doyen Sam Balsara into its Hall of Fame. He will be induced at the sixth edition of the IAA Leadership Awards.

  • Government raises monetary limits for tax litigation

    New Delhi: In a bid to minimise litigation pertaining to tax matters, the government on Wednesday decided it will not file any appeals in appellate tribunals, High Courts and the Supreme Court in cases involving an amount less than Rs 20 lakh, Rs 50 lakh and Rs 1 crore respectively.

  • LIC-IDBI Bank deal may conclude by September

    New Delhi: After getting a go-ahead from the insurance regulator, LIC is preparing itself to complete the 51 per cent acquisition of debt-ridden IDBI Bank by the end of September, sources said.

  • Tata Consultancy Services shares jump 4% after Q1 earnings

    New Delhi: Shares of Tata Consultancy Services rose 4 per cent today after the company posted better-than-expected earnings. The stock after making a positive opening further jumped 3.78 per cent to Rs 1,948 — its 52-week high — on BSE. It was the top gainer in the Sensex pack during the morning trade.


    TCS’ net profit soars 23% to Rs 7,340 crore in June quarter

    Mumbai: Revival in both the core client segment and key operational geographies, along with some help from the currency gains, aided largest software exporter TCS to report 23 per cent jump in June quarter net at Rs 7,340 crore.