Free Press Journal
  • nirav modi stores

    PNB Scam: Serious lapses by overseas branches of Indian banks

    Mumbai: The Punjab National Bank has sent a letter to other banks, including some private and public sector banks, about the modus operandi of Nirav Modi group and Gitanjali Gems Ltd. This letter circulated by the PNB, which was obtained by the Free Press Journal, alleges that some overseas branches of Indian banks did not adhere…

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  • ‘2017 was the beginning for acquisitions’, says Robin Raina

    NASDAQ-traded Ebix Inc has been on an acquisition spree across Asia since early 2017. The software solutions provider expects to pursue both the organic and inorganic growth routes in 2018. Speaking to the Free Press Journal’s Jescilia Karayamparambil, Robin Raina, Chairman, Ebix, said the firm aims to be the largest financial and insurance solutions provider….

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  • maharashtra, Mira Road, MahaRERA, RERA, Mira road flat owners, Mira Road project—Tanvi Eminence

    Maharashtra: 550 Mira Road flat owners receive RERA boost

    Mumbai: Nearly 550 flat owners of Mira Road project—Tanvi Eminence, finally gets a relief. Recently, MahaRera passed an order asking the promoter (one of the promoters in the project) Dayabhai Sutariya to handover the units by December 2019. Despite, the on-going dispute of the promoters— Tanvi Constructions private Limited, Dayabhai Sutariya and Bhupat Ravijbhai Lukhi…

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  • mumbai, public banks, all india strike of public banks, wage revision issues in public banks, March 15

    Mumbai: Public banks threaten strike on Mar 15 over delay in wage revision

    Mumbai: Public banks are planning to go on an all-India strike on March 15, due to delay in wage revision. There is one more level of discussion that is expected to take place on February 21, but the union is not very optimistic about it. UFBU, convenor, Devidas Tuljapurkar said, “The discussion started from November…

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  • Robin Raina talks about plan to deliver over 6000 homes to underprivileged

    Robin Raina’s visits to India are not always limited to his official work. He makes it a point to carve out time to pursue his philanthropic interests, executed by the Robin Raina Foundation. The Ebix boss talks about an ambitious plan to deliver over 6000 homes for the underprivileged, being built across the NCR.  …

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  • Mumbai: Flexible working hours or work from home, which is a better deal?

    Mumbai: Many Indian companies have not been able to embrace flexible timings at their workplace. They have a lot of reasons for the same but with lives at risk in cities like Mumbai, there has to be an alternative option. Companies have started looking at work from home option rather then addressing flexible hours option….

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  • Blockchain is highly Secure, doesn’t need regulator, says Maharashtra CM Devendra Fadnavis

    Mumbai: Just a day after Finance Minister Arun Jaitley praised blockchain and spoke ill about cryptocurrency, Maharashtra Chief Minister Devendra Fadnavis, said it is important for the country to learn about this technology or else it will be left behind. He further stated that it is highly-secure. While addressing the students at the Taalim O…

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  • Long Term Capital Gains: Long-anticipated by investors but still dampening

    Mumbai: It was a talked about taxation yet is still disheartening for equity investors. With the decision to tax Long Term Capital Gains (LTCG), the Finance Minister Arun Jaitley has planned to add to government’s kitty around Rs 20,000 crore. But many long-term investors– at all levels, investing in equity, mutual funds (MFs) will soon…

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  • Budget 2018: Government doubled budget allocation for food processing

    Mumbai: The government doubled the budget allocation to food processing to Rs1, 400 crore for 2018-19 fiscal. But would this be enough for the food processing sector to be able to build their much needed infrastructure, industry gives their reaction. Blue Star, JMD, B Thiagarajan, after a live session organised by CII, said, “I am very…

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  • Pune: ‘Banks evolved from being a legacy platform to adopting modern tech’, says Amarendra Sahoo

    Pune: Banks as an institution cannot be replaced. But that does not mean banking as an institution should stop innovating. The Indian banking system left behind its legacy to adopt modern technology, and there is lot more that the Indian banking system can do. This was discussed at the recently held ‘Banking Conclave’, in MIT-SOB…

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  • Microfinancing: From being a sidekick to being a lead

    Pune: Microfinancing has become mainstream today. But just a while ago, microfinancing did not enjoy the status it enjoys today. This could be attributed to the growing pressure on banks to looks for new streams of revenue backed by government’s will to go in for social inclusion and the developing regulatory framework. While participating in…

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