Free Press Journal
  • Received loan not grant from Gujarat government: Tata Motors

    Mumbai, Automobile major Tata Motors has said it received a loan worth Rs 584.8 crore and not a “grant” from Gujarat government for setting up a factory in the state. “The investor friendly environment created by the Government of Gujarat (GoG) encouraged Tata Motors to set-up its manufacturing plant in Sanand, with a long-term vision to make it one of the leading automotive hubs, further enabling Gujarat to contribute to the prosperity and

  • India is not a weak nation anymore: Rajnath Singh

    Lucknow : Union Home Minister Rajnath Singh said on Sunday that India has ceased to be a weak nation since the Bharatiya Janata Party (BJP) formed the government at the Centre under Prime Minister Narendra Modi.

  • Tata Zest Quadrajet 90PS Diesel Discontinued

    Tata’s updated price list post the implementation of Goods and Service Tax (GST) shows that the Indian manufacturer does not offer the Quadrajet 90PS diesel option with the Zest anymore. If you recall, the Zest diesel was launched in two state of tunes – the base XE variant had fixed geometry turbocharged engine and produced 75PS of power while other variants, including the XM, XMA, XMS, XT and the XTA featured a variable geometry turbocharger and

  • Mumbai court admits Rs 500 crore defamation case against Cyrus Mistry and others

    Mumbai: The 23rd Criminal Court of Magistrate in Mumbai has initiated the process against ousted Tata chairman Cyrus P. Mistry, Shapoor Mistry and others in a Rs 500 crore defamation complaint lodged last month by Tata Trusts’ Managing Trustee R. Venkataramanan. They will have to appear before the court and execute bail bonds.

  • US accuses TCS, Infosys of violating H-1B visa norms

    Washington: The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lion’s share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to replace with a more merit-based immigration policy.

  • Tata Tigor Launched At Rs 4.7 lakh

    Home-grown automaker Tata Motors has launched the Tigor sub-4 metre sedan at a starting price of Rs 4.7 lakh (ex-showroom Delhi). It shares its underpinnings with the Tiago and comes with an enhanced list of features over the hatchback it is based on. Official bookings for the Tigor went live on March 20, 2017, at a refundable amount of Rs 5,000. Let’s see what it is made of.

  • Tata Tigor launching on March 29

    Good news has surfaced for all those waiting for the Tiago-based sedan. Home-grown automaker Tata Motors has confirmed that the Tigor will launch in India on March 29, 2017. Test mules of the Tigor have been spotted on several occasions over the past few months and the company itself released a sketch in February this year.

  • Geneva journey has been worthwhile: Ratan Tata

    Geneva : From the humble Indica 20 years ago to the sports car RACEMO, Tata group Chairman Emeritus Ratan Tata feels that it has been “a worthwhile journey” at the prestigious Geneva motor show.

  • Cyrus Mistry camp withdraws its clarificatory plea from NCLAT

    New Delhi : The Cyrus Mistry camp on Thursday withdrew its recent application with NCLAT seeking clarification on the forum’s order that rejected its plea for a stay on shareholder meeting called to remove him from the Tata Sons board.

  • Mumbai: Is healthcare a commodity or human right?

    Mumbai: In honour of its platinum jubilee year, the Tata Memorial Centre (TMC), Mumbai, has hosted a three day conference on ‘Healthcare: A Commodity or Basic Human Need?’ which started from Friday at Tata Institute of Fundamental Research, Colaba. The conference is co-hosted by the Union ministry of health and family welfare, Tata Trusts and Harvard T. H. Chan School of Public Health.

  • Ratan Tata asked Cyrus Mistry to resign before ouster

    Mumbai : Tata Group patriarch Ratan Tata had personally asked Cyrus P Mistry to resign as chairman of Tata Sons as the board had lost faith in him, but his refusal led to the removal via majority vote.

  • Spat with Mistry gets Tata global bad press

    New Delhi : As the Tata-Mistry tussle continues, an unintended consequence for the multi-billion dollar image-conscious group has been the bad press it — and its “patriarch” Ratan Tata, 78 — has received globally.

  • ED summons AirAsia officials, in the wake of revelations by Cyrus Mistry of fraud

    Mumbai: In the wake of Tata Sons’ chairman Cyrus Mistry’s revelation of Rs 22 crore ‘fraud’ in AirAsia India Pvt Ltd (AAIPL), the Enforcement Directorate (ED) has registered a case under Foreign Exchange Management Act to investigate the irregularities in the said ‘transaction involving non-existent parties in India and Singapore’.

  • Cyrus Mistry’s presence a disruptive influence, says Ratan Tata

    Mumbai: Ahead of EGMs of six Tata group firms called to remove Cyrus Mistry as director, Tata Sons interim Chairman Ratan Tata on Wednesday told shareholders that the continued presence of the ousted executive in respective boards is a serious “disruptive influence” and can make the companies “dysfunctional”.

  • After long wait, Army receives first lot of bulletproof jackets

    New Delhi : The Indian Army has received the first lot of 20,000 bulletproof jackets for its troops posted in counter-insurgency and anti-militancy operations, after almost eight years of wait, and they have been quickly distributed to various formations.

  • Sebi steps up scrutiny as Tata-Mistry feud escalates

    New Delhi : Markets regulator Sebi has stepped up scrutiny on developments in the escalating Tata- Mistry feud, keeping a close vigil on all disclosures being made as also the finer details of the board meetings of listed firms of the Tata group, reports PTI. The watchdog is seeking to prevent violation of corporate governance norms and protect investors’ interest, for which it has also received communications from various stakeholders, including foreign institutional