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DEBARMENT FROM BIDDING
Railways suspends Jupiter-Kovis JV for faking localisationIndian Railways discovered that JWL Kovis, a joint venture, falsified localisation claims in a Modern Coach Factory brake disc tender. Desp...
NHAI debars Megha Engineering for Kerala NH-66 lapseThe National Highway Authority of India (NHAI) has debarred Megha Engineering & Infrastructures Limited (MEIL) for one year due to inadequa...
Delhi HC grants interim relief to Reliance Power's subsidiary Reliance NU BESSReliance Power's subsidiary, Reliance NU BESS, has been granted interim relief by the Delhi High Court against disqualification from three ...
Reliance Power shares jump over 3% after relief from High Court on SECI noticeReliance Power shares surged after a court ruling. The Delhi High Court halted a ban imposed by Solar Energy Corporation of India. SECI had...
Delhi HC stays SECI's 3-year ban on Reliance Power over allegedly giving fake bank guaranteesDelhi High Court halted SECI's ban on Reliance Power. SECI alleged Reliance Power submitted fake bank guarantees. The ban was for three yea...
SECI debars Reliance Power, Reliance NU BESS from its tenders for 3 yearsReliance Power Ltd and Reliance NU BESS Ltd have been barred by SECI from participating in tenders for the next three years. SECI alleges t...
Delhi government planning to hand over management of public toilets to 'banned' company, alleges CongressKumar further alleged that Sisodia himself had "debarred" the company in "2021 for two years" for "their poor performance", and that, the h...
World Bank group imposes 20-month debarment on Ramky Enviro EngineersThe World Bank in a statement issued on December 8 said the debarment makes REEL and its Managing Director, M Goutham Reddy, ineligible to ...
Defaulter firms may be barred from bidding for power generation and transmission projectsAn expert committee formed to review bid rules for power transmission projects has recommended insertion of the debarring clause to the pow...
World Bank bars an Indian firm for fraudulent practicesThe World Bank has barred an Indian firm from participating in its projects for indulging in fraudulent activities, taking the total number...
World Bank debars Indian firm for corruption in road projectThe World Bank has debarred Consulting Engineering Services (India) for five years on charges of fraud and corruption in an NH project in I...
- CAG says Ernst & Young's appointment for UMPP consultancy job was faulty
CAG report on ultra mega power projects has said that the appointment of E&Y as the consultant to the bid process for the mega projects was...
- Government empowered to debar companies from bidding: SC
The Supreme Court has ruled that the government is empowered to blacklist and debar companies from bidding without any statutory law.
World Bank gives much of Satyam projects to TCSWorld Bank has hired another Indian IT major Tata Consultancy Services to do much of the work previously being done by Satyam.
- Debarring IOC from HPCL, BPCL bid against Constitution: Panel
A Parliamentary Committee has termed as 'irrational' the government's decision to debar Indian Oil from bidding for HPCL and BPCL saying th...
- Apply monopoly rule to selloff of other PSUs: IOC
NEW DELHI: Indian Oil Corporation which has been debarred from bidding for government stake in Hindustan Petroleum Corporation and Bharat P...
IOC debarred from bidding for HPCL, BPCLNEW DELHI: Indian Oil, the highest bidder in the IBP disinvestment process, was on Tuesday awarded the government’s 33.58 per cent stake in...