CATEGORIES

The Free Press Journal

Goldman Sachs, Citigroup Global, 4 others buy Amber Enterprises shares for ₹210 cr

Goldman Sachs, Citigroup Global Markets, and four others on Friday bought shares of Amber Enterprises for Rs 210 crore through an open market transaction.

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December 21, 2024
MSL to introduce comprehensive charging infra along with eVitara
The Free Press Journal

MSL to introduce comprehensive charging infra along with eVitara

Maruti Suzuki India on Friday said it will introduce a comprehensive EV ecosystem, including charging stations and home charging solutions, alongside its first offering in the segment - eVitara.

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December 21, 2024
SpiceJet to operationalise 3 grounded B737 MAX planes by Apr 2025; inks pact with MRO provider
The Free Press Journal

SpiceJet to operationalise 3 grounded B737 MAX planes by Apr 2025; inks pact with MRO provider

SpiceJet has entered into an agreement with US-based StandardAero that will provide the services for operationalising the airline's grounded Boeing 737 MAX planes and three of the aircraft are expected to return to service by April 2025.

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1 min  |
December 21, 2024
Bihar gets record ₹1.81L cr investment
The Free Press Journal

Bihar gets record ₹1.81L cr investment

Bihar may witness a major industrial boost as a number of leading industrial houses on Friday signed MoUs with the state government, to invest a record Rs 1.80 lakh crore.

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December 21, 2024
The Free Press Journal

Bajaj Auto launches new series of Chetak e-scooter

Sharma said there is a huge demand from Spain, Brazil, Bangladesh, among other countries

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December 21, 2024
RBI BOARD REVIEWS GLOBAL, DOMESTIC ECONOMIC SITUATION
The Free Press Journal

RBI BOARD REVIEWS GLOBAL, DOMESTIC ECONOMIC SITUATION

The central board of the Reserve Bank of India (RBI) on Friday reviewed the global and domestic economic situation and outlook at a meeting chaired by new Governor Sanjay Malhotra.

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December 21, 2024
Google layoffs: CEO Pichai announces 10% job cuts in managerial roles
The Free Press Journal

Google layoffs: CEO Pichai announces 10% job cuts in managerial roles

Google CEO Sundar Pichai has announced that the company will cut 10 percent jobs in managerial roles, including directors and Vice Presidents.

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1 min  |
December 21, 2024
TeamLease acquires stakes in TSR Darashaw, Crystal
The Free Press Journal

TeamLease acquires stakes in TSR Darashaw, Crystal

To expand its HR Services portfolio

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1 min  |
December 21, 2024
The Free Press Journal

UltraTech Cement gets CCI's clearance to acquire majority stake in India Cements

The Competition Commission of India (CCI) on Friday cleared over Rs 7,000-crore deal, wherein billionaire Kumar Mangalam Birla-promoted UltraTech Cement will acquire a majority stake in India Cements Ltd.

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December 21, 2024
The Free Press Journal

US, India discuss advancing space partnership

The United States of America and India are set to strengthen space cooperation, including for human spaceflight, and joint space exploration, and are expected to facilitate commercial partnerships between space companies of both countries to advance shared interests in the growing space economy.

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December 21, 2024
The Free Press Journal

Govt seeks to boost domestic food processing machinery sector

Food Processing Industries Secretary Subrata Gupta met with industry leaders and emphasised the crucial role of equipment manufacturers in modernising India's food processing sector.

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1 min  |
December 21, 2024
India raises trade barriers issue with EU
The Free Press Journal

India raises trade barriers issue with EU

India has flagged barriers being faced by domestic industry in the European Union (EU) markets and urged to address the issue, an official statement said on Friday.

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December 21, 2024
The Free Press Journal

India to spend $8 trillion on investments in next 5 years

India is poised to spend a massive USD 8 trillion on investments over the next five years, says a report by Motilal Oswal.

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December 21, 2024
The Free Press Journal

Gilts end steady ahead of MPC minutes as auction on expected lines

Prices of government bonds ended steady as the weekly gilts auction failed to lend any major direction to bond prices, dealers said.

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December 21, 2024
The Free Press Journal

SEBI SIMPLIFIES OFFER DOCUMENT REQUIREMENT FOR AMCs

Sebi on Friday simplified the framework for asset management companies (AMCs) by reducing the requirement to upload draft SIDs to 8 working days from 21 days earlier.

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1 min  |
December 21, 2024
Priority should be on restoring inflation-growth balance: Das
The Free Press Journal

Priority should be on restoring inflation-growth balance: Das

Policy priority should be on restoring the inflation-growth balance, said Shaktikanta Das, Reserve Bank governor, while voting for a status quo on the short-term lending rate earlier this month.

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December 21, 2024
PLI scheme achieves ₹1.46L cr investment, FDI inflows up 26%
The Free Press Journal

PLI scheme achieves ₹1.46L cr investment, FDI inflows up 26%

From achieving Rs 1.46 lakh crore in investment under the product-linked incentive (PLI) scheme to 26 per cent increase in FDI inflows (year-on-year) in Q1 this fiscal (FY25), the Department for Promotion of Industry and Internal Trade (DPIIT) said on Friday that it has played a pivotal role in 2024 in building a self-reliant and globally competitive India.

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December 21, 2024
Forex reserves drop $2 bn to $652.86 bn
The Free Press Journal

Forex reserves drop $2 bn to $652.86 bn

India's forex reserves dropped by USD 1.988 billion to USD 652.869 billion for the week ended December 13, the RBI said on Friday.

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December 21, 2024
SOGI calls for 28% GST on platform fee and not deposits for Indian gaming cos
The Free Press Journal

SOGI calls for 28% GST on platform fee and not deposits for Indian gaming cos

Real money gaming firms-backed Skill Online Games Institute (SOGI) has demanded that the government levy 28 per cent GST on platform fees instead of on deposit for gaming companies in India, to prevent offshore platforms from taking advantage of significant tax arbitrage.

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December 21, 2024
S&P Global arm lowers India's GDP growth forecast to 6.5% for FY25
The Free Press Journal

S&P Global arm lowers India's GDP growth forecast to 6.5% for FY25

S&P Global Market Intelligence has lowered its India GDP growth forecast for 2024-25 (Apr-Mar) after growth moderated sharply in Jul-Sept.

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December 21, 2024
Steel imports from China hit record high, data shows
The Free Press Journal

Steel imports from China hit record high, data shows

China, Japan and South Korea accounted for 79% of India's total finished steel imports

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1 min  |
December 21, 2024
Bears tighten grip on mkts; Sensex tanks 1,176 points
The Free Press Journal

Bears tighten grip on mkts; Sensex tanks 1,176 points

BEAR GRIP | Markets log biggest weekly crash in 2 years

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December 21, 2024
Jalna man shines in 405-km Ultra Marathon
The Free Press Journal

Jalna man shines in 405-km Ultra Marathon

In a remarkable feat, 54-year-old Jitendra Agarwal from Jalna bagged a prestigious prize in the 405-km Ultra Marathon, organised by the Southern Command of the Indian Army in Mumbai.

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December 21, 2024
CSMC school students represent India in Europe
The Free Press Journal

CSMC school students represent India in Europe

The students of the Chhatrapati Sambhajinagar Municipal Corporation (CSMC) Schools at Naregaon and Indiranagar represented India at the Robotics International Competition held at Tolin in Estonia on Dec 6 and 7.

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1 min  |
December 21, 2024
MAGIC in ICON Summit 2024
The Free Press Journal

MAGIC in ICON Summit 2024

The CII CIES ICON Summit 2024, held in Hyderabad on Dec 17-18, emerged as a significant platform fostering innovation and collaboration.

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December 21, 2024
Residents report ‘mysterious' sound
The Free Press Journal

Residents report ‘mysterious' sound

LATUR MYSTERY | Nothing amiss found, say officials

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1 min  |
December 21, 2024
The Free Press Journal

Construction site death sparks inquiry

The absence of safety equipment led to the death of a 19-year-old labourer who fell from the seventh floor of a construction site in Kondhwa's Yewalewadi area.

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December 21, 2024
The Free Press Journal

Four injured in accident; Bhuse's son escapes unhurt

Four persons suffered injuries in an accident involving three vehicles, including one carrying the son of Maharashtra minister Dada Bhuse's son, in Malegaon on Thursday, an official said.

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December 21, 2024
Karad civic body wins SWM award
The Free Press Journal

Karad civic body wins SWM award

Karad Municipal Council (KMC) has been honoured with an award by the Centre for Science and Environment (CSE), an international organisation focused on pollution reduction and environmentally sustainable practices, in recognition of its exceptional and consistent performance in solid waste management.

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1 min  |
December 21, 2024
The Free Press Journal

Cop falls victim to cyber fraud

A police constable from Saswad, near Pune, fell victim to a cyber scam, losing Rs2.3 lakh after scanning a QR code at a bakery.

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1 min  |
December 21, 2024