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The Free Press Journal

Meta to appeal against CCI penalty

Meta plans to appeal against the Rs 213.14 crore penalty imposed on it by the Competition Commission of India (CCI) for charges of abusing its dominant position.

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1 min  |
November 20, 2024
The Free Press Journal

CCPA to bring regulatory framework for diamond industry

The Central Consumer Protection Authority (CCPA) will soon release guidelines on the diamond sector to ensure explicit labelling and certification of all diamonds and prohibit the use of misleading terms in trade.

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1 min  |
November 20, 2024
The Free Press Journal

Global economy to see subdued growth amid geopolitical uncertainty in 2025: Barclays

The global economy faces a challenging landscape in 2025 characterized by subdued growth and heightened uncertainty, according to a report from Barclays Bank.

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1 min  |
November 20, 2024
The Free Press Journal

Sebi proposes increase in application size to up to ₹4L for SME IPOs

Markets regulator Sebi on Tuesday proposed increasing the minimum application size for SME IPOs to up to Rs 4 lakh, to ensure that only informed investors with adequate risk appetite and investment capacity can apply.

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1 min  |
November 20, 2024
Adani Infra to buy 30% stake in PSP Projects for ₹685 crore
The Free Press Journal

Adani Infra to buy 30% stake in PSP Projects for ₹685 crore

Billionaire Gautam Adani's Adani Infra will buy a 30.07 per cent stake in construction firm PSP Projects for Rs 685.36 crore as it looks to consolidate its construction capabilities.

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1 min  |
November 20, 2024
Nissan ships 2,700 units ofits latest Magnite compact SUVs to South Africa
The Free Press Journal

Nissan ships 2,700 units ofits latest Magnite compact SUVs to South Africa

Nissan has commenced exports of its latest compact SUV, the 'Magnite,' to South Africa, reinforcing India's position as an export hub for the Japanese automaker said.

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1 min  |
November 20, 2024
Paytm UPI goes global
The Free Press Journal

Paytm UPI goes global

One97 Communications (OCL), that owns Paytm brand, on Tuesday said Paytm users will be able to make UPI payments at select international locations, including popular spots in the UAE, Singapore, France, Mauritius, Bhutan, and Nepal.

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1 min  |
November 20, 2024
The Free Press Journal

PURE EV ties up with Arva Electric to expand presence in Middle East, Africa

PURE EV, a prominent electric two-wheeler manufacturer, announced a strategic collaboration with Arva Electric Vehicles Manufacturing LLC, on Tuesday, to boost the distribution and sales of its electric motorcycles in the Middle East and Africa.

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1 min  |
November 20, 2024
IHCL lines up ₹5,000 crore for doubling hotels, revenue by 2030
The Free Press Journal

IHCL lines up ₹5,000 crore for doubling hotels, revenue by 2030

Tata Group hospitality firm Indian Hotels Company Ltd (IHCL) has earmarked capex of Rs 5,000 crore to double its number of properties to over 700 by 2030, its Managing Director and CEO Puneet Chhatwal said on Tuesday.

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1 min  |
November 20, 2024
Follow KYC guidelines or face regulatory action: RBI DG to banks
The Free Press Journal

Follow KYC guidelines or face regulatory action: RBI DG to banks

RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both \"precision and empathy\", failing which regulatory actions will be taken against them by the central bank.

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1 min  |
November 20, 2024
Steel cos may see hiked demand, better margins in QBFY25: Report
The Free Press Journal

Steel cos may see hiked demand, better margins in QBFY25: Report

Steel companies may see improved demand and better margins in quarter three of the current fiscal year, according to a report by Centrum.

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1 min  |
November 20, 2024
The Free Press Journal

ESIC new member addition rises 9% to 20.58L in Sep

Employees' State Insurance Corporation (ESIC) logged over nine per cent on-year rise in new workers enrolment at 20.58 lakh under its ESI Scheme in September, 2024, according to payroll data.

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1 min  |
November 20, 2024
Tata Power, Druk Green to develop 5,000 Mw clean energy projects
The Free Press Journal

Tata Power, Druk Green to develop 5,000 Mw clean energy projects

Tata Power on Tuesday said it has entered into a strategic partnership with Bhutan's Druk Green Power Corporation Ltd (DGPC) for the development of 5,000 MW of clean energy capacity in the Himalayan nation.

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1 min  |
November 20, 2024
The Free Press Journal

RBI cautions public over deepfake videos of its top mgmt

The Reserve Bank of India (RBI) has cautioned the public over deepfake videos of its top management being circulated over social media giving financial advice.

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1 min  |
November 20, 2024
The Free Press Journal

India looks for equity, balance, fair trade in FTA talks: Goyal

India looks for equity, balance and fair trade while negotiating a free trade agreement (FTA), Commerce and Industry Minister Piyush Goyal said on Tuesday.

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1 min  |
November 20, 2024
Majority of corporates want govt to enable real-time reporting for audit
The Free Press Journal

Majority of corporates want govt to enable real-time reporting for audit

About 74 per cent of high-end corporate taxpayers want the income tax department to enable near real-time reporting and compliance monitoring, Deloitte India said on Tuesday.

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1 min  |
November 20, 2024
India's RE capacity to touch 250 GW mark by Mar 2026
The Free Press Journal

India's RE capacity to touch 250 GW mark by Mar 2026

The capacity addition will be driven by the large project pipeline of over 80 GW

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1 min  |
November 20, 2024
The Free Press Journal

Gilts surge on fall in US yields; Ukraine attack news caps gains

Government bond prices ended higher, but profits were capped even as US Treasury yields fell intraday.

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1 min  |
November 20, 2024
India needs to reassess taxation on batteries, says PM's adviser
The Free Press Journal

India needs to reassess taxation on batteries, says PM's adviser

Tarun Kapoor, Advisor to the Prime Minister's Office, highlighted the need to revisit the taxation structure on batteries while addressing the FICCI Conference on 'Electric Vehicles - Accelerating E-mobility: Enablers and Imperatives'.

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1 min  |
November 20, 2024
The Free Press Journal

India to contribute 20% of global workforce growth between 2023-2050

India is set to play a pivotal role in global workforce growth, contributing 20 percent of it between 2023 and 2050, according to a report by Angel One Wealth.

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1 min  |
November 20, 2024
Ecommerce firms should respect law of land: Min
The Free Press Journal

Ecommerce firms should respect law of land: Min

Commerce and Industry Piyush Goyal On Tuesday said the country's foreign direct investment (FDI) norms are clear for the e-commerce retail and the companies in this segment should respect the law of the land.

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1 min  |
November 20, 2024
Trump presidency may be a positive for India: CEA
The Free Press Journal

Trump presidency may be a positive for India: CEA

Chief Economic Advisor G Anantha Nageswaran on Tuesday said Donald Trump's Presidency may be a \"positive\" for India as it will contain the energy prices, a crucial component for the GDP growth.

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1 min  |
November 20, 2024
Steel ministry looking into issues related to substandard imports
The Free Press Journal

Steel ministry looking into issues related to substandard imports

Union Steel Minister HD Kumaraswamy on Tuesday said the government is working to address the issues related to the sector, including the concerns of imports of substandard products.

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1 min  |
November 20, 2024
Govt plans minority stake sale in 4 PSU bks
The Free Press Journal

Govt plans minority stake sale in 4 PSU bks

The government may help four public-sector banks meet the Securities and Exchange Board of India's minimum public shareholding norm of 25% by offloading some of its stake in the banks through the offer-for-sale route, a senior finance ministry official said Tuesday.

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1 min  |
November 20, 2024
The Free Press Journal

Ahmednagar ready for polls today

The excitement of the assembly elections, ongoing for a month, ended on Monday evening.

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1 min  |
November 20, 2024
Stock markets rebound after days of downtrend
The Free Press Journal

Stock markets rebound after days of downtrend

Sensex rises 239 points, Nifty gains 64 points

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2 mins  |
November 20, 2024
The Free Press Journal

Traffic curbs

Traffic restrictions have been imposed by the city traffic police around strong rooms during the elections today (Nov 20) and on counting day, Saturday (Nov 23).

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1 min  |
November 20, 2024
Independent candidate, supporters face attack
The Free Press Journal

Independent candidate, supporters face attack

Some unidentified persons pelted stones on the car of an independent candidate near the waluj area when he and his supporters were going home after completing the campaigning on Monday evening.

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1 min  |
November 20, 2024
The Free Press Journal

One held distributing money to Voters

The Jawaharnagar Police arrested a man for taking the Aadhar card and election card of a voter and refraining him from casting a vote by giving Rs1,000.

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1 min  |
November 20, 2024
The Free Press Journal

Gite blames opponents for namesake

The Nashik East Assembly Constituency is witnessing a heated exchange of accusations, with Ganesh Gite, the official candidate of the Maha Vikas Aghadi (MVA), alleging a conspiracy by BJP candidate Rahul Dhikle.

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1 min  |
November 20, 2024