Free Press Journal
  • Alibaba chairman Jack Ma to step down in September 2019, Daniel Zhang to be next chairman

    Beijing: Alibaba co-founder and chairman Jack Ma will step down as head of the e-commerce giant on September 10, 2019, the company said on Monday. Ma is staying on as executive chairman for 12 months to “ensure a smooth transition” before handing over his role to chief executive officer Daniel Zhang, Alibaba said in a statement.

  • Reliance Jio customer’s base doubled to 215 million in one year: Mukesh Ambani at AGM

    New Delhi: Reliance Industries Chairman Mukesh Ambani on Thursday said that Reliance is India’s largest payer of Goods and Services Tax (GST), Excise and Customs Duty, and Income Tax in the private sector. Speaking at the Reliance Industries’ 41st Annual General Meeting, Mukesh Ambani highlighted that Jio’s subscribers grew from 124 million at the end of last year to 210 million at the end of FY18. “Jio and retail’s share in overall

  • 2019 elections, 2019 lok sabha elections, 2019 state elections, Congress, NCP, Congress NCP alliance,

    Maharashtra: Congress-NCP to lose two big posts in Upper House

    Mumbai: After the biennial poll on July 16 for 11 posts in the Upper House from the elected MLA constituency, opposition parties Nationalist Congress Party (NCP) and Congress will lose the two presiding posts of chairman and vice-chairman of the Upper House. The number of Bharatiya Janata Party (BJP) members will increase from the existing 17 to 21 and the party may stake a claim to the post of chairman. NCP’s Ramraje

  • Indore: After 4 years, Pummy Chhabra back as chairman of Yeshwant Club

    Indore: After a gap of four years, Paramjit Singh Chhabra aka Pummy was again elected as chairman of Yeshwant Club in elections held on Sunday.  His panel swept the polls winning three out of four posts, including secretary and joint secretary. However, his panel managed to clinch merely two out of five positions in executive body.

  • Bombay Parsi Punchayet doesn’t need dirty politics, says Anahita Desai

    Anahita Desai (53) who is contesting the upcoming Bombay Parsi Punchayet (BPP) elections in July, is the Chief Executive Officer of the World Alliance of Parsi Irani Zarthoshtis (WAPIZ). It is an organisation with over 5300 Parsi members. She is a trustee of Sodawaterwalla Agiary and Machi Trust and has been involved in community affairs for more than 15 years. Anahita, wife of Yazdi Desai, Chairman of the Bombay Parsi Punchayet, is

  • NABARD’s long-term loan segment saw 17 per cent growth

    The National Bank for Agriculture and Rural Development (NABARD) saw a 17 per cent growth in long term refinance due to the stress on boosting the long-term loan segment through refinance. The balance sheet of the institution stands at Rs 4, 06,473 crore.

  • Banks board gets free hand, in good rapport with govt, says Rai     

    New Delhi : There have been many reports in the past that stated that Banks Board Bureau (BBB) and the government was not in sync. But BBB, Chairman, Vinod Rai denied these reports by saying that the board was given a ‘free hand’ in appointment process and dismissed any lack of coordination with the government.

  • SSC seeks CBI probe in alleged paper leak

    New Delhi : Giving in to the demands of hundreds of job aspirants, the Staff Selection Commission chairman on Sunday said he will request the department to reconduct the SSC examination and also request the CBI to launch a probe into the matter.

  • It is favourable time to invest in India, says LuLu Group Chairman

    Dubai : Chairman and Managing Director of Lulu Group International, Yusuff Ali said it is a favourable time to invest in India with tremendous efforts in the infrastructure sector with welcoming environment.

  • Senate votes Jerome Powell as next US Federal Reserve Bank Chairman

    Washington DC: The United States Senate voted to confirm Jerome Powell as the next chairman of the Federal Reserve Bank. The lawmakers voted overwhelmingly in Powell’s favour, who will replace Chairwoman of the Federal Reserve Bank Janet Yellen on February 3. The final vote count stood at 85-12.

  • Shia Board chief Wasim Rizvi served legal notice over ‘defamatory’ statements

    Lucknow (Uttar Pradesh): A legal notice was served to the chairman of Shia Central Waqf Board chairman, Wasim Rizvi, by Jamiat Ulama-I-Hind on Thursday, citing alleged ‘defamatory’ statements made by the former about madrasas. The notice, dated January 11, accuses Rizvi of “insinuating that Madrassa Education Systems have not contributed to the progress of young Muslims but has in fact created a sense of fundamentalism in them without any data to indicate.”

  • Naidu asks MPs not to talk during obituary references

    New Delhi: Rajya Sabha Chairman M Venkaiah Naidu, who has been attempting to ensure discipline in the House, on Tuesday asked the members not to talk when obituary references are being made.

  • Dr K Kasturirangan to head panel to find new Mumbai University vice-chancellor

    Mumbai: Eminent scientist Dr K Kasturirangan was on Wednesday named chairman of the search committee to appoint the new vice-chancellor of Mumbai University after Dr Sanjay Deshmukh was sacked for delay in announcing results of the March 2017 university exams in time.