DoT seeks Trai clarity on bank guarantee encashmentThe communications ministry seeks clarity from the telecom regulator on which licence clauses can be invoked to encash telcos' bank guarant...
03 Jan, 2025, 12.06 AM IST
In relief to Vi, DoT changes bank guarantee waiver termsThe Department of Telecommunications has softened the bank guarantee waiver rules for spectrum auctions held before 2022, easing the financ...
30 Nov, 2024, 04.40 AM IST
Vodafone Idea in talks with DoT to remove need for bank guaranteesVodafone Idea is in talks with the Department of Telecommunications to waive bank guarantee requirements for spectrum acquired before 2022....
08 Oct, 2024, 09.57 AM IST
DoT sends notice to Vi for not submitting bank guaranteesThe Department of Telecommunications has issued a notice to Vodafone Idea for failing to submit bank guarantees for past spectrum auction d...
06 Oct, 2024, 11.59 PM IST
Vodafone Idea seeks waiver of Rs 24,700-cr bank guarantee from DoTVodafone Idea has requested a waiver on a Rs 24,747 crore financial bank guarantee for spectrum payments due in September 2025. The company...
11 Jul, 2024, 06.53 PM IST
Bank guarantees not needed to cover for spectrum instalments: DoT"For spectrum auctions to be held in the future, the requirement for the successful bidder to submit a financial bank guarantee (FBG) of an...
13 Oct, 2021, 07.24 AM IST
DoT may seek legal view on bank guarantees against AGR duesSenior officials say just as BGs are asked against quarterly statutory dues such as licence fees and spectrum usage charges (SUC), the inte...
18 Jun, 2021, 10.04 AM IST
DoT ponders over Vodafone Idea 'spectrum as guarantee' offerThe rule currently is to accept a bank guarantee, but the department is aware that not accepting anything else — such as spectrum — could w...
15 Jun, 2020, 04.50 PM IST
Vodafone Idea bank guarantees unlikely to be invoked for nowA Voda Idea collapse could have negative impacts on not just the telecom, but on banking as well.
19 Feb, 2020, 05.45 PM IST
DoT blacklists bank guarantees issued by Standard Chartered BankStandard Chartered is second bank whose bank guarantee have been barred by DoT. The department has earlier barred BGs issued by Axis Bank f...
19 Aug, 2018, 01.19 PM IST
Reliance Communications replenishes bank guarantees to DoTThe payment to DoT was done four weeks ahead of telecom tribunal's deadline of September 10. The Rcom stock was up 2.3% at Rs19.94 on the B...
13 Aug, 2018, 12.47 PM IST
TSDAT orders telecom dept to clear Airtel-Telenor deal and bank guaranteesBharti Airtel had challenged DoT’s bank guarantee demand by moving the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) on Wednesda...
13 Apr, 2018, 09.27 AM IST
TDSAT: Axis Bank couldn’t have encashed guaranteesThe TDSAT order would come as a relief to the country’s third largest private lender that had sought clarity from the tribunal after the Do...
23 Mar, 2018, 11.08 PM IST
DoT says no new bank guarantee from Axis Bank to be acceptedWhen contacted, an Axis Bank official spokesperson, said: "The bank guarantees have been issued by us on behalf of Bharti Airtel."
19 Mar, 2018, 10.58 PM IST
- TDSAT asks Videocon to renew roll-out security of two circles
TDSAT has asked Videocon Telecommunications to renew its performance bank guarantees for Uttar Pradesh (East) and Madhya Pradesh circles fo...
11 Jan, 2013, 07.09 PM IST
- TDSAT declines relief to Loop Tele on bank guarantee renewal
Loop's guarantees are expiring on January 9, 2013 and it was not legally bound to renew it, the company had contended.
02 Jan, 2013, 09.17 PM IST
- No case for "interim relief" to Uninor on bank guarantee: TDSAT
TDSAT today held that Uninor has not made out a case for any "interim relief" in its plea to reduce the financial bank guarantee to Rs 84.5...
01 Jun, 2012, 10.48 PM IST