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BANK GUARANTEE
Supreme Court dismisses Reliance Communications, lenders' petitions against bank guarantee invocationThe Supreme Court dismissed Reliance Communications lenders' challenge to the DoT's bank guarantee invocation. The court stated lenders sho...
SC issues notice to Centre on PIL for setting up DNA, biometric ID system for missing, rescued kidsThe Supreme Court has sought responses from the Centre and NCPCR regarding a PIL. This petition seeks a national DNA and biometric identifi...
BSE shares bounce 2% after 5-session losing streak. Here’s why Jefferies, Nuvama advise cautionBSE shares face fresh pressure after Nuvama and Jefferies downgraded the stock, citing headwinds from the Closing Auction Session, RBI’s ba...
SC to decide telecom firms’ plea for release of Rs 3,300 crore bank guaranteesThe Supreme Court will decide pleas by Bharti Airtel, Vodafone Idea and other telecom operators seeking release of ₹3,300 crore in bank gua...
BSE shares drop 3% after second downgrade in two days. Nuvama lists CAS among 3 key headwindsBSE shares extended their losing streak after Nuvama downgraded the stock to Hold and cut its target price, citing three key concerns: the ...
BSE shares tumble 5% after Jefferies downgrades stock to 'underperform'. Here’s whyBSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,940, citing risks from proprietary ...
India lets clean-energy projects pay to keep grid access after delaysIndia's power regulator allows clean energy firms to pay for extended grid access. Developers can secure extra time by paying daily fees pe...
One common stock across 6 top performing mutual funds: Is MCX a signal or a crowded trade?MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re-rating opportunity, upgrading the...
Zetwerk’s FY26 loss widens over fourfold to Rs 1,606 crore on one-off chargesZetwerk’s loss before exceptional items and tax narrowed to Rs 81 crore from Rs 121 crore. Adjusted earnings before interest, taxes, deprec...
SC refuses to stay Bombay HC order quashing Rs 3,300 crore one-time spectrum charge on telcosThe Supreme Court declined to halt a Bombay High Court ruling on spectrum charges. This decision impacts Bharti Airtel and Vodafone Idea re...
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
Regulators weigh bringing insurance surety bonds under RBI's CRILCFinancial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and...
Assam Cabinet approves stamp duty waiver for SHG loans up to Rs 10 lakh, clears MBBS admission rule changesAssam's cabinet approved waiving stamp duty on loans for SHG members up to ten lakhs. New rules will govern Ayurvedic medical officers' rec...
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
DTH, cable companies seek tech-neutral rules under new telecom regimeThe television distribution industry in India is calling on the government to adopt technology-neutral regulations as the Ministry of Infor...
The Rs 1.5 lakh crore bank guarantee link that could rattle NSE, BSE and MCXRevised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially ...
Renewable developers get one-time exit for unused grid connectivityThe power sector regulator has introduced a new framework for renewable energy projects. Developers can now surrender, transfer, or retain ...
India tells clean energy firms to lose grid connection or generate powerIndia's energy regulator has directed renewable firms to surrender transmission rights or provide higher bank guarantees. This move aims to...