Free Press Journal
  • Banker, scamster and hidden hand make merry

    There is a sense of disquiet among India’s policy-watchers. Such anxieties were confirmed when they saw the data presented before the Lok Sabha on 3 August 2018 (see chart).  The government pointed out that in 2017-18 alone, there were 5,897 instances of bank-fraud that had come to light and were being investigated. Together, they involve a sum of Rs 32,048.65 crore. As can be seen, the number of instances of frauds and

  • Indore: Mobile recharge charged their love life

    Indore: Love is above cultural differences and customs. Ask 28-year-old sign language interpreter Navneet Kaur and 30-year-old banker Rahul Kohli. They stood together through thick and thin and proved that love triumphs all.

  • Mumbai: Woman held for hubby’s murder

    Mumbai, A woman was arrested today in connection with the murder of her 62-year-old retired banker husband, along with her sister and the latter’s friend, police said.

  • Sebi: Entity registered as broker cannot act as merchant banker

    Mumbai:  An entity registered only as a stock broker cannot undertake the role of a merchant banker in the capital markets, regulator Sebi said.  The Securities and Exchange Board of India (Sebi) has stated this position in reply to an ‘interpretive letter’ sought by Almondz Global Securities Limited (AGSL), who had asked whether it, as a stock broker, can handle any issue of debt securities offered on a private placement basis.  In