The court ruling came in a case concerning the development-cum-production partnership (DCPP) model of the Defence Research and Development ...

The government is tightening rules for highway project bids, demanding higher performance guarantees for offers exceeding 30% below origina...

The European Union plans to restrict Chinese firms from bidding on EU medical device contracts. This action follows concerns about fair mar...

The move, which will increase the cost of projects for the bidders, is aimed at doing away with the trend of abnormally low bid prices in n...

The European Commission initiates an inquiry into Chinese procurement of medical devices, suspecting unfair access for European suppliers. ...

The ministry of road transport and highways, in a notification said it will extend the provision of capping the additional performance secu...

Margins will be a decadal low this fiscal but despite the fall, the credit profiles of road EPC players will remain stable. This is support...

According to Burla, O&M is a critical aspect in HAM projects as the future annuities depend on proper upkeep of the road. O&M failure is a ...

In November 2020, the Finance Ministry had issued guidelines that removed the additional performance security to be taken from bidders the ...

In an ultra-aggressive bid, Deutsche Bank is willing to accept a fee of just ₹100 a year for being the custodian of India's pension fund wh...

The existing custodian, Stock Holding Corporation of India, a large depository participant owned by public financial institutions, charges ...

Ind-Ra said that increased competition in the road sector in FY21, resulting from the National Highways Authority of India's (NHAI) initiat...

It has been made mandatory for officers concerned to take steps to ensure the contractors deploy required resources and they review monthly...

The regulator scrapped the tender last month as six out of the eight shortlisted firms did not submit the final bids, they said.

Companies have alleged that the central utility has unfair competitive advantages given its access to low-cost funds and government support.

CCI has said that Tecpro Systems did not engage in predatory pricing, clearing it of the charges of anti-competitive practices.

The Californian city of Oakland said on Tuesday it would sue leading financial institutions.