Free Press Journal
  • amit_shah

    Congress seeks Amit Shah’s resignation over spike in turnover of son Jay’s company

    New Delhi: Stepping up pressure on BJP President Amit Shah over his son Jay’s company recording a 16,000 time spike in turnover, the Congress on Monday asked him to resign, following in the footsteps of the party leaders like Lal Krishna Advani and two BJP Presidents — Nitin Gadkari and Bangaru Lakshman.

  • Action against bank accounts of 2 lakh firms ‘struck off’ from RoC

    New Delhi: Stepping up action against over two lakh companies which have not been carrying out any business for the last 1-2 years, the government on Tuesday said such firms have been ‘struck off’ from the Register of Companies and action initiated to restrict their bank accounts, an official statement said on Tuesday.

  • Won’t allow cos from country barring Indian firms: Goyal

     New Delhi : Power Minister Piyush Goyal on Tuesday said he “will not allow” any company to come to India from a country that does not permit an Indian firm to do business there — a warning seen to be targeted at China.

  • Snapdeal-Flipkart deal may leave staff richer by Rs193 cr

    New Delhi : The sale of a company often leaves employees high and dry, but not in the case of Snapdeal that may offer a Rs 193 crore bonanza to its staff if the homegrown e-commerce firm is taken over by larger rival Flipkart.

  • Carlyle Group picks minority stake in Delhivery  

    New Delhi: Asset management firm Carlyle Group picked a minority stake in supply chain services company Delhivery Private, with existing investor Tiger Global also upping its exposure, for a combined investment of more than $ 100 million.

  • OPPO gets Team India sponsorship

    Mumbai : Mobile manufacturing company OPPO will replace broadcasting giants Star India as the official sponsor of the Indian cricket team from April 1, winning the bid with a mind-boggling sum of Rs 1,079 crore.

  • Disney sued for replacing American workers with Indians

    Washington : A group of former Disney IT employees in the US state of Florida have filed a fresh lawsuit, claiming the company discriminated against them by firing them and giving their jobs to Indian workers brought to the country on H-1B visas.

  • Paytm suspends ‘App POS’ on data security concerns

    New Delhi: Mobile wallet company Paytm has suspended its app that allowed small shopkeepers to accept payment through cards amid ongoing cash crunch, citing risks to customer data and privacy.

  • Mistry’s conduct caused enormous harm to firms, stakeholders: TCS

    New Delhi : Upping the ante, Tata Consultancy Services (TCS) on Monday charged its estranged chairman Cyrus Mistry with causing “enormous harm” to the company by his conduct and sought his removal from the company board, reports PTI. In a notice to shareholders seeking his removal, India’s largest software exporter said Mistry had “lost confidence” of Tata Sons – the company’s largest shareholder and holding company of the USD 103-billion Tata Group. It

  • Company asked to pay Rs 90K compensation for selling spurious fungicide

    Dhar: The district consumer forum in an order asked a pesticide manufacturing company to pay a compensation of Rs 90,250 within a month to the farmers for selling spurious fungicide. The forum also imposed a fine of Rs 5000 on the company for deficiency in their service and other Rs 1000 as cost incurred to the case.

  • US trucking company settles discrimination case with Sikhs for $2.60k

    New York : Four Sikh truck drivers in the US have settled a discrimination case against an American trucking giant, which will pay $260,000 in damages for denying them employment after they refused to cut their hair and remove their turbans for the company’s drug tests, reports PTI.

  • Scrap contract with Lanco Power: AAP

    BHOPAL: Aam Admi Party (AAP) has described the Madhya Pradesh government’s contract of Rs 10,000 crore with Lanco Power Limited, Hyderabad, as “illegal” as government itself had blacklisted the company. AAP said that there is surplus power in MP, then why such contract was signed.  AAP has demanded scrapping of the contract and take Rs 600 crore back from the company. Otherwise, public will be have to bear financial burden of Rs

  • Bajaj Electricals to shut down manufacturing unit at Kosi

    New Delhi : Bajaj Electricals today said it has decided to shut down from this week its bulbs and tube lights manufacturing unit at Kosi in UP, which originally belonged to a sick company registered with BIFR, citing “not even a remote chance” of improving operations.

  • WhatsApp to share user’s phone nos with Facebook

    New Delhi : Messaging service WhatsApp has updated its global privacy policy, under which it will now share phone numbers of users with its parent company, Facebook. While the move will help Facebook offer more targeted advertisements on its own platform, WhatsApp will continue to be ad-free, a WhatsApp spokesperson told PTI.