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......

In Bengal, Modi calls for ending 'maha jungle raj' of TMC

Prime Minister Narendra Modi on Sunday charged the Trinamool Congress government with 'playing with national security by protecting infiltrators' for vote-bank politics, and said ending the ruling......

White collar terror module: Kashmir starts profiling mosques, madrasas

Authorities have started the process of profiling mosques, madrassas and people associated with their management in Kashmir following the busting of the 'white collar' terror module last year,......

19 concrete plants in Mumbai shut down over pollution violations

The Maharashtra Pollution Control Board has ordered the shutdown of 19 ready mix concrete plants, which serve construction projects, in the Mumbai Metropolitan Region for violating environmental......

Loan growth, margins set to improve for banks in Q3

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be......

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......

Anil Ambani aide and Reliance Power executive arrested by ED

The Enforcement Directorate (ED) has arrested the CFO of industrialist Anil Ambani's group company Reliance Power in a money laundering case linked to issuance of an alleged fake bank guarantee of......

Polluting units to pay bank guarantee

The Environment and Forest Ministry has decided to seek bank guarantee for revocation of its orders for closure of industrial units and projects on ground of causing environment pollution. A......

Hindi Cinema's New Mogul

'We don't make films for profit and that's exactly why profit follows.' IMAGE: Shraddha Kapoor in Stree 2. The hit-machine. That is the moniker for Dinesh Vijan's Maddock Films. In a market where......

Look Out Notice For Shilpa Shetty, Raj Kundra

The Mumbai police have issued a Lookout Circular against Bollywood actor Shilpa Shetty and her businessman husband Raj Kundra in connection with a Rs 60 crore (Rs 600 million) cheating case,......

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......

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......

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......

Big Blow! BCCI Asked To Pay Rs 538 Cr to Kochi Tuskers

Kochi Tuskers Kerala participated in the IPL in 2011, but their contract was subsequently terminated by the BCCI. IMAGE: The dispute revolved around the BCCI's decision to end the agreements on......

5 Stars Ignored For Asia Cup

Despite outstanding performances in the IPL and on the international stage, several big names failed to make the cut. India's Asia Cup squad is out -- and so are some of the biggest names in the......