Free Press Journal
  • IHH still keen on Fortis, extends bid validity to May 29

    New Delhi : Malaysian firm IHH Healthcare on Thursday said it has extended the acceptance period of its enhanced revised proposal for Fortis Healthcare to May 29 after which it shall lapse.

  • Aviation ministry seeks ATF under GST regime

    New Delhi : The Civil Aviation Ministry is likely to approach the GST Council soon for bringing aviation turbine fuel (ATF) under the tax regime.

  • Malaysia scraps GST, experts advise caution to India

    New Delhi : Malaysia scrapped a 6 per cent rate on the goods and services tax, fulfilling a campaign promise by Prime Minister Mahathir Mohamad that gave him an unexpected win in last week’s election.

  • NuMetal offers Rs 37k-cr for Essar, bats for 2nd round

    New Delhi : Russia’s VTB Capital-based NuMetal on Thursday told the company law appellate tribunal, NCLAT, that it has offered over Rs 37,000 crore for Essar Steel in the second-round of bidding, which should be opened and the highest bidder be selected from it.

  • Jaypee Infratech Q4 net loss at Rs 480 cr

    New Delhi : Bankruptcy-hit Jaypee Infratech on Thursday reported a standalone net loss of Rs 480.45 crore for the quarter ended March on lower sales.

  • Renaissance challenges Vedanta-Electrosteel deal

    New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Thursday admitted the petition of Renaissance Steel challenging Vedanta’s bid for debt ridden Electrosteel.

  • NCLAT to hear Bhushan plea

    New Delhi: The National Company Law Appellate Tribunal (NCLAT) will next week hear Bhushan Steel promotor Neeraj Singal’s plea against acquisition of the company by Tata Steel.

  • R-Power exits Tilaiya UMPP for Rs 712 crore

    New Delhi : Reliance Power has exited Tilaiya Ultra Mega Power Project (UMPP) for Rs 712.64 crore, which includes Rs 600 crore in bank guarantees.

  • Bachchan launches OnePlus6 in Mumbai

    Mumbai : The much-awaited OnePlus 6 was announced at a grand event in Mumbai on Thursday. The first OnePlus in the line of flagship to feature an all-glass design, the new model is the company’s most sophisticated handset.

  • DHFL looks to raise Rs 50,000 cr via NCDs this fiscal

    Mumbai : Mortgage lender Dewan Housing Finance (DHFL) is planning to raise Rs 50,000 crore through the debt market in the current financial year to support it’s business growth, a top company official said. Of this, the company is looking to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCDs) next week. “This year, the plan is to raise about Rs 50,000 crore of fresh funding from the debt

  • International day of Art of Giving marked

    In a scale and spread unheard of before, over 70 lakh people in 17,200 centres across the world partook meals on the occasion of the 5th anniversary celebration of ‘Art of Giving’ on Thursday. Art of Giving (AOG) – a philosophy of life to spread the peace and happiness among the people in the society  – was founded on May 17, 2013 by Prof. Achyuta Samanta, an eminent educationist, social activist, social