In this issue

April 27, 2022

LIC IPO SIZE AT Rs 21,000 CR, PRICE BAND AT RS 902-949

COMPANY TO OFFER RS 60 PER SHARE DISCOUNT FOR POLICY HOLDERS AND RS 40 FOR RETAIL INVESTORS

1 min

FMCG stocks rise as Indonesia allows export of crude palm oil

The stocks of fast-moving consumer goods makers bounced back today after Indonesia said it would exclude crude palm oil from the proposed export ban.

1 min

Future lenders were asked to take 66% haircut under Reliance deal

It was a contentious plan to repay overseas bondholders in full that brought what would have been India's biggest retail deal to a grinding halt, media reports said.

1 min

Tesla Must Make Cars In India, Not Import From China

No special treatment to Musk on duties

1 min

'India can be cheapest producer of green H2

India can be the cheapest producer of Green Hydrogen in the world due to its enabling climatic conditions, NITI Aayog CEO Amitabh Kant said on Tuesday.

1 min

AU SFB net profit more than doubles to Rs 346 cr

AU Small Finance Bank on Tuesday reported a 105 per cent growth in net income at Rs 346 crore for the March quarter driven by margin expansion, record loan sales and lower provisioning for impaired assets.

1 min

HDFC Life 04 profit up 12% to Rs 358 cr

FY22 earnings fall 11%

1 min

LG, Wipro apply for white goods PLI

19 FIRMS PROPOSE INVESTMENTS

1 min

Bajaj Finance consolidated net jumps 80% to Rs 2,420 cr

Net interest income in the January-March quarter rose 30 per cent to Rs 6,068 crore

1 min

Wipro to buy US-based Rizing for $540 million

IT company Wipro Limited will acquire 100 per cent stake in Rizing Intermediate Holdings for about USD 540 million (around Rs 4,135 crore) in an all-cash deal to scale up its SAP consulting capabilities, the company said on Tuesday.

1 min

Read all stories from The Free Press Journal - Mumbai

The Free Press Journal - Mumbai Newspaper Description:

The Free Press Journal is one of the oldest English Daily newspapers from Mumbai with a heritage of more than 90 years. And yet, The Free Press Journal is a contemporary paper and rooted in current urban realities.

In keeping with the international trend, it has reinvented itself in terms of design, get up and content. It means different thing to different people – a platform for the articulate, a trendsetter for the young and a chronicle for the old.

It was at the forefront of freedom struggle against the British and continues with the free and fearless journalism till date. Indeed, the history of The Free Press Journalism mirrors that of Indian independence.

Swaminath Sadanand, a 30-year-old idealist from Madras trudged his way to Bombay and with a vision that was to prove uncomfortably ahead of his day, brought out a newspaper as unorthodox in character as it was innovative in concept. For Swaminath Sadanand, the Free Press Journal was not so much a business venture as a cause.

The spirit with which he launched the paper and ran it for almost three decades helped it make it an integral part of two great Indian movements — the struggle for independence and the evolution of Indian publishing.