News for 'Contractual Obligation'

Aussie Faulkner banned from PSL

Aussie Faulkner banned from PSL

Rediff.com19 Feb 2022

The PCB said they were "disappointed and dismayed" with the behaviour of Faulkner, who also played in the Abu Dhabi leg of the PSL last year.

Agusta chopper case: Bail given to former IAF chief S P Tyagi, others

Agusta chopper case: Bail given to former IAF chief S P Tyagi, others

Rediff.com12 Sep 2018

The court asked them to furnish a bail bond of Rs 1 lakh with one surety of the like amount.

Sachin-VVS case: Ombudsman rejects demand for documents

Sachin-VVS case: Ombudsman rejects demand for documents

Rediff.com1 May 2019

BCCI's Ombudsman cum ethics officer Justice (Retd) DK Jain rejected complainant Sanjeev Gupta's request for access to contractual obligations of cricket legends Sachin Tendulkar and VVS Laxman with their respective IPL franchises.

BCCI can terminate Chennai Super Kings, Rajasthan Royals: Lodha

BCCI can terminate Chennai Super Kings, Rajasthan Royals: Lodha

Rediff.com16 Jul 2015

Justice Rajendra Mal Lodha, who headed the committee that proposed the two-year suspension of Chennai Super Kings and Rajasthan Royals, says the Board of Control for Cricket in India is free to terminate the two Indian Premier IPL franchises.

Chopper deal: ED searches multiple cities; freezes over Rs 86 cr shares

Chopper deal: ED searches multiple cities; freezes over Rs 86 cr shares

Rediff.com20 Jun 2016

Officials said the agency seized a number of documents during the searches from the premises of the firms and entities brought under the action as they were 'connected'.

New Zealand captain first to benefit from new maternity provisions

New Zealand captain first to benefit from new maternity provisions

Rediff.com20 Aug 2019

The captain of the New Zealand women's cricket team Amy Satterthwaite will become the first player to benefit from new contract conditions that guarantee her core salary while on maternity leave.

BCCI may increase complimentary passes after state units' unrest

BCCI may increase complimentary passes after state units' unrest

Rediff.com5 Oct 2018

The Committee of Administrators (CoA) will meet, in New Delhi, on Saturday to work out a feasible solution.

Formula One return to India in 2015 unlikely

Formula One return to India in 2015 unlikely

Rediff.com21 Aug 2014

Formula One boss Bernie Ecclestone on Thursday asserted that the troubled Indian Grand Prix has run out of time for a 2015 return and its organisers must settle the contractual obligations for a possible comeback in 2016.

G7's oil price cap: Russia offers to help India find a way out

G7's oil price cap: Russia offers to help India find a way out

Rediff.com12 Dec 2022

Russia has welcomed India's decision to not support the price cap on Russian oil announced by G7 and its allies and offered it cooperation on leasing and building large-capacity ships to overcome the ban on insurance services and tanker chartering in the European Union and Britain to continue buying discounted oil. The offer came as Russian Deputy Prime Minister Alexander Novak held a meeting with the Indian Ambassador to Moscow, Pavan Kapoor, on Friday. "The Deputy Prime Minister welcomed India's decision not to support the price cap on Russian oil, which was imposed on December 5 by the G7 countries and their allies," the Russian foreign ministry said in a statement.

Italy refuses to extradite AgustaWestland middleman

Italy refuses to extradite AgustaWestland middleman

Rediff.com22 Jun 2018

Carlo Valentino Ferdinando Gerosa, 71, an Italian and Swiss national, was believed to be a key player in the bribery scandal as the process of manipulating the specifications for VVIP helicopter deal allegedly started after a meeting between him and cousins of former Indian Air Force chief S P Tyagi, they said.

Bravo dropped from West Indies squad for 'idiot' tweet

Bravo dropped from West Indies squad for 'idiot' tweet

Rediff.com13 Nov 2016

Batsman Darren Bravo has been dropped from the West Indies squad in Zimbabwe for a triangular one-day international series because of "unacceptable behaviour", the West Indies Cricket Board (WICB) said on Saturday.

Chopper scam: Def Min team in Italy to study evidence

Chopper scam: Def Min team in Italy to study evidence

Rediff.com28 Jun 2013

A high-level team headed by defence ministry's director general (acquisition) today left for Italy to go through the crucial documents and evidence provided to India by the government there in the Rs 362 crore VVIP chopper scam.

Azhar Mahmood offered assistant coach's job

Azhar Mahmood offered assistant coach's job

Rediff.com12 Jun 2016

Former Pakistan Test all-rounder Azhar Mahmood has been offered the assistant coach's job with the national cricket squad, which is set to tour England this summer.

Why Anil Ambani wants Edelweiss banned from capital markets

Why Anil Ambani wants Edelweiss banned from capital markets

Rediff.com12 Feb 2019

Reliance Group, recently, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values.

Vijender terminates agreement with Queensberry Promotions

Vijender terminates agreement with Queensberry Promotions

Rediff.com11 May 2017

WBO Super Middleweight Asia Pacific champion Vijender Singh, who has been unbeaten in the professional circuit, has decided to terminate his agreement with Queensberry Promotions with immediate effect.

Will India consider buying V-22 Ospreys for its VVIPs?

Will India consider buying V-22 Ospreys for its VVIPs?

Rediff.com24 Jan 2014

After India scrapped a contract for procuring VVIP choppers from AgustaWestland, American firm Textron on Friday said it is ready to offer its unique V-22 Osprey helicopter to India for ferrying its dignitaries.

Defence ministry gives final notice to Agusta on chopper deal

Defence ministry gives final notice to Agusta on chopper deal

Rediff.com23 Oct 2013

Moving ahead towards cancelling the controversial chopper deal, the Defence Ministry on Wednesday said it has issued a final show cause notice to AgustaWestland for "violating" the terms of the Rs 3,600 crore contract for supplying 12 VVIP choppers to the Air Force.

Why your Uber/Ola surge prices won't soar anymore

Why your Uber/Ola surge prices won't soar anymore

Rediff.com28 Nov 2020

New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.

Diageo reduces board rights of Mallya in United Spirits

Diageo reduces board rights of Mallya in United Spirits

Rediff.com2 Oct 2014

Mallya and UBHL now hold a little over 3.3 per cent in USL.

Neerja's brothers take producer to court

Neerja's brothers take producer to court

Rediff.com23 May 2017

'Neerja always believed and said, "Do not tolerate any injustice" and that is what we are doing: Not tolerating injustice.'

'Vijender doesn't have time left for Olympic trials'

'Vijender doesn't have time left for Olympic trials'

Rediff.com6 Jun 2016

Vijender Singh might say that he would give Olympic qualification a shot after doors were thrown open for professional boxers but his UK-based promoter Francis Warren, on Monday, made it clear that India's biggest star simply does not have the time left to try for a Rio ticket.

Wayward Warner handed one-match suspension for skipping club-grade match

Wayward Warner handed one-match suspension for skipping club-grade match

Rediff.com8 Oct 2013

Controversial Australian opener David Warner has reportedly been suspended for one match by Cricket New South Wales (NSW) after he failed to turn up for a grade club match last weekend.

VVIP choppers deal: CBI to seek Michel's extradition

VVIP choppers deal: CBI to seek Michel's extradition

Rediff.com18 Nov 2016

The Central Bureau of Investigation will soon approach United Arab Emirates authorities seeking extradition of British national and alleged middleman Christian Michel James in connection with its probe in the Rs 3,600 crore AgustaWestland VVIP choppers deal.

Dubai court orders extradition of AgustaWestland middleman Christian Michel

Dubai court orders extradition of AgustaWestland middleman Christian Michel

Rediff.com18 Sep 2018

The ED, in its chargesheet filed against Michel in June 2016, had alleged that he received 30 million (about Rs 225 crore) from AgustaWestland.

Chopper scam: ED questions ex-IAF chief Tyagi on day 2

Chopper scam: ED questions ex-IAF chief Tyagi on day 2

Rediff.com6 May 2016

He was subjected to a marathon 10-hour questioning on Thursday by ED investigators.

Why all countries want to play against Kohli & Co.

Why all countries want to play against Kohli & Co.

Rediff.com25 Dec 2017

Pakistan Cricket Board chairman Najam Sethi acknowledged that all countries want to play against India as it enables them to earn maximum revenue.

How distorted laws are helping India Inc to bypass FDI rules

How distorted laws are helping India Inc to bypass FDI rules

Rediff.com3 Jan 2017

Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Rediff.com6 Jan 2021

The development of the constitution of the tribunal comes at a time when the Delhi high court in December 2020 refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authorities.

VVIP chopper scam: Michel's driver spills beans on India contacts, funds links

VVIP chopper scam: Michel's driver spills beans on India contacts, funds links

Rediff.com8 May 2016

Officials said Michel's driver, Narayan Bahadur, was questioned at length by ED sleuths in the last few days.

NCLT reserves order on Go First's plea for insolvency proceeding

NCLT reserves order on Go First's plea for insolvency proceeding

Rediff.com4 May 2023

The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings and interim moratorium on financial obligations while aircraft lessors vehemently opposed the petition. Amid the airline facing severe financial crunch and cancelling flights, a two-member NCLT bench comprising Justice Ramalingam Sudhakar and Member L N Gupta heard the arguments for and against the petition for nearly four hours. As aircraft lessors opposed the plea, the counsels for Go First said the petition was not a malicious one to avoid payment of dues to its creditors but to save the company.

RIL's wait for higher gas price to get longer

RIL's wait for higher gas price to get longer

Rediff.com12 Oct 2013

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

KochharGate: A Litmus Test For CBI

KochharGate: A Litmus Test For CBI

Rediff.com9 Jan 2023

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.

SC on Mistry role: 'Person who sets own house on fire'

SC on Mistry role: 'Person who sets own house on fire'

Rediff.com27 Mar 2021

The Supreme Court has said that Cyrus Mistry's removal as executive chairman of Tata group was justified as a "a person who tries to set his own house on fire for not getting what he perceives as legitimately due to him, does not deserve to continue as part of any decision-making body".

India to cancel Rs 3600 crore-chopper deal with Augusta

India to cancel Rs 3600 crore-chopper deal with Augusta

Rediff.com14 Oct 2013

Armed with fresh details on the alleged kickbacks, India has initiated steps to cancel the Rs 3,600 crore-chopper deal with Anglo-Italian firm AgustaWestland by issuing a show cause notice to it in this regard.

AgustaWestland accused, lobbyist arrested after deportation from Dubai

AgustaWestland accused, lobbyist arrested after deportation from Dubai

Rediff.com31 Jan 2019

They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.

Agusta scam accused Rajiv Saxena extradited to India

Agusta scam accused Rajiv Saxena extradited to India

Rediff.com31 Jan 2019

Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .

HC says Muslim ex-wife is entitled to maintenance

HC says Muslim ex-wife is entitled to maintenance

Rediff.com20 Oct 2021

Quoting verses from Surah Al Bakra in Qur'an, Justice Krishna S Dixit said a pious Muslim owes a moral and religious duty to provide subsistence to his destitute ex-wife.

How Sara Ali Khan's debut just got BIGGER!

How Sara Ali Khan's debut just got BIGGER!

Rediff.com28 Mar 2018

Urmila's back... Don 3 is not on...

VVIP chopper deal: After CBI, ED questions ex-IAF chief SP Tyagi

VVIP chopper deal: After CBI, ED questions ex-IAF chief SP Tyagi

Rediff.com6 May 2016

The ex-IAF chief was questioned in the same case by CBI for the last three days. This is the first time that the ex-Chief of Staff of the Indian Air Force has been summoned by the Enforcement Directorate.

Lack of popularity sees end of Champions League Twenty20

Lack of popularity sees end of Champions League Twenty20

Rediff.com15 Jul 2015

The Governing Council of the Champions League T20 tournament confirmed, on Wednesday, that the T20 cricket competition will be discontinued with immediate effect.