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COVID vaccine: States to use bank guarantees

Each of the larger states may need less than Rs 10,000 crore each to finance the exercise.Sohini Das and Subhomoy Bhattacharjee reports. *IMAGE: Bank guarantees will offer the states the option to......

Chopper deal: India encashes on bank guarantee of Agusta

India has encashed a guarantee of over Rs 250 crore deposited by AgustaWestland in a bank in New Delhi even as it is preparing to file an appeal against an Italian court's stay on its move to......

De-allocate 3 mines, chop bank guarantee of 4 blocks: IMG

Deallocation of three more coal blocks was on Wednesday recommended by the Inter-Ministerial Group, which concluded scrutiny of 29 mines and will meet on Thursday to review further cases. The......

Cong leader promises LPG cylinders for 'infiltrators' in Jharkhand

All India Congress Committee general secretary and Jharkhand in-charge Ghulam Ahmad Mir on Thursday said that if the party is voted to power, gas cylinders will be given at Rs 450 to all citizens......

Modi labels JMM-Cong alliance as 'Gushpaithiya Bandhan'

Prime Minister Narendra Modi on Monday launched a scathing attack on the Jharkhand Mukti Morcha-led coalition in Jharkhand, labeling it a "Ghuspaithiya Bandhan" (infiltrators' alliance) and "Mafia......

Satyam told to give bank guarantee in tax dispute

The Supreme Court on Friday directed Mahindra Satyam to make its presentation before the Central Board of Direct Taxes relating to its tax dispute within two weeks, and also asked it to furnish a......

Bank guarantee requirement for telcos slashed by 80%

The Department of Telecom has slashed performance and financial bank guarantee requirement of telecom operators by 80 per cent, according to a licence amendment note issued on Wednesday. Under the......

Vivo told to give Rs 950 cr bank guarantee to ED to operate frozen A/Cs

The Delhi high court on Wednesday allowed Chinese smartphone maker Vivo to operate its various bank accounts frozen by the Enforcement Directorate in connection with a money-laundering probe......

Sunset for once-storied Jet Airways as turbulent insolvency flight ends

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Photograph: Francis......

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency......

Deccan Chronicle get three more days for bank guarantee

The Bombay high court has granted Deccan Chronicle Holdings Ltd (DCHL) three more days to furnish an irrevocable and unconditional bank guarantee of Rs 100 crore to the Board of Control for......

Relief for Nimbus in bank guarantee forfeit case

In a relief to Nimbus Communications, the Bombay High Court, on Friday, directed three banks to give the broadcast rights holder three days notice before forfeiting bank guarantee of Rs 2,000......

Chargers fail to give bank guarantee, termination stands

After a month long legal battle, the cash-strapped Deccan Chargers on Saturday lost its status as an IPL team after the Bombay High Court stayed the order of Arbitrator for maintaining status quo......

Gautam Gambhir plays down pitch talk

If you adopt one playing style, then team will not grow: Gautam Gambhir IMAGE: India's Head Coach Gautam Gambhir inspects the pitch at the Chepauk on Tuesday. Photograph: ANI/X Head......

Will heavy security dampen party vibes at Paris 2024?

IMAGE: A police officer and a sniffer dog inspect a swimming pool area ahead of the Olympics. Photograph: Gonzalo Fuentes / Reuters As Paris makes final preparations for the Summer Olympics, the......

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