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MoD set to recover VVIP chopper deal amount

After an Italian court partially lifted the freeze and allowed India to encash bank guarantees worth Rs 1,818 crore deposited by AgustaWestland in the VVIP chopper deal, the defence ministry on......

Govt to appeal against Italy court's order on chopper scam

An Italian court has barred India from encashing bank guarantees worth over Rs 2,360 crore of AgustaWestland as part of the penalties imposed on it after scrapping of the Rs 3,600 crore VVIP......

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......

Govt penalises Israeli defence firm for graft

In a first, India has seized a bank guarantee worth Rs 224 crore furnished by an Israeli defence vendor for breach of integrity pact after the company was blacklisted for alleged involvement in......

Sahara chief Subrata Roy may come out of Tihar jail soon

Sahara chief Subrata Roy has told the court that a bank guarantee for Rs 5,000 crore (Rs 50 billion) is ready.    The Supreme Court said there is a need to resolve the dispute over the......

One year in jail: Is there hope for Subrata Roy?

The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees to secure the release of its chief, Subrata Roy Image: Sahara group chairman Subrata Roy (C) with his......

Sahara says Mirach forged bank letter guaranteeing funds

Crisis-hit Sahara on Thursday said it has been cheated by US-based Mirach Capital with a "forged letter" claiming $2 billion funding through Bank of America – a major blow to the......

Guarantors can fight 'wilful defaulter' tag

The dice is heavily loaded against a guarantor. As in the case of Gajendra Issar, who had to pay Rs 50,000 to a bank when his friend defaulted on debt payment. Luckily, there were two other......

UBI may declare UB Holdings a wilful defaulter

United Bank of India (UBI) has sent a notice to United Breweries Holdings (UBHL), which was the corporate guarantor for loans to now grounded Kingfisher Airlines, seeking an explanation on why it......

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......

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......

Kochi Tuskers Kerala axed from IPL

Cracking the whip, the BCCI terminated the contract of IPL franchise Kochi Tuskers Kerala for non-payment of bank guarantee, thus abruptly ending the controversial Kerala team's association with......

Coming up... a rival T20 cricket league

From left, Kiran More, Kapil Dev, Former Indian cricket captain and Subhash Chandra Goel, Chairman of Zee Telefilms Limited and promoter of Essel Group of Companies. Photograph: Getty Images The......
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Rajeev Gowda

Comment · print · T T T+· T- The NDA government has no achievements of its own to boast about. If there are any achievements, they are... ...

http://www.thehindu.com/news/cities/Hyderabad/modi-government-a-failure-rajeev-gowda/article7246066.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
study

Comment · print · T T T+· T- Though the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) had helped in making good... ...

http://www.thehindu.com/news/cities/Kochi/mgnregs-boosted-financial-inclusion-but-hitches-remain-study/article7246316.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Opposition trying to tarnish Modi's image

Prime Minister has laid a strong foundation for the country's future, says BJP leader BJP national spokesman G.V.L. Narasimha Rao has said... ...

http://www.thehindu.com/news/national/karnataka/opposition-trying-to-tarnish-modis-image/article7245791.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Can the monsoons please wait till GSIDC finishes digging all roads of Panjim?

basuri desai basuri@herald-goa.com If Panjim resembles bombed out Beirut or earthquake struck Nepal, let its residents be assured that Beirut... ...

http://www.heraldgoa.in/Goa/Panjim/Can-the-monsoons-please-wait-till-GSIDC-finishes-digging-all-roads-of-Panjim/88955.html
PM Modi

Prime Minister Narendra Modi addresses the Jan Kalyan Rally at Farah in Mathura district on Monday. (Photo: PTI) Kicking off the first of 200... ...

http://dc.asianage.com/india/bure-din-over-scams-nepotism-ended-pm-modi-767

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