Government may also convert Vodafone Idea's AGR and spectrum dues into equity: AnalystsVi's cash crunch - it had a cash balance of ₹160 crore at December end - has meant it has been unable to invest meaningfully in expanding 4...
17 Feb, 2023, 12.52 AM IST
WPP India arm paid $1 million bribe to bag, keep government business: US SECWPP, the world's largest advertising group, has agreed to pay $19.2 million in penalties and disgorgement to US Securities & Exchange Commi...
25 Sep, 2021, 06.40 AM IST
Finance Minister Nirmala Sitharaman asks PSUs to clear payment dues to vendorsHer comments came in response to a question from a telecom equipment provider to the BSNL who said the telecom service provider was sitting...
22 Dec, 2020, 10.51 AM IST
Cash-strapped Korean automaker SsangYong Motor may default on KDB loans nowKDB may consider extending the maturity for these loans, but only on condition that SsangYong Motor, has cleared overdue loans to the forei...
19 Dec, 2020, 07.28 AM IST
Yes Bank to trim branches, ATMs and office spaces to lower costsCost cutting will include renegotiating real estate rentals and contracts with vendors. About 50 non-performing offsite ATMs have also been...
26 Oct, 2020, 09.27 AM IST
IT companies want government to release past dues to tide over coronavirus crisisAccording to a study by industry lobby group Nasscom in 2017, the central government as well as several state governments and public sector...
21 Apr, 2020, 08.39 PM IST
BSNL gets Rs 770 crore from BBNL to clear BharatNet vendor duesBSNL had requested payment of Rs 1,033 crore from BBNL as an advance to clear the pending liabilities of UP East and MP Circles of Rs 716 c...
27 Dec, 2019, 06.47 PM IST
Nokia may withdraw support to BSNL over payment duesBesides Nokia, China’s ZTE, American Tower Corporation, UTStarcom and Fiberhome are among the multinational companies that have been seekin...
12 Aug, 2019, 09.50 PM IST
Suzlon: Auditors concerned over company's financial healthSuzlon last week posted consolidated net loss of Rs 6,538.68 crore for the third quarter ended December 2014. It had reported a loss of Rs ...
17 Feb, 2015, 04.01 PM IST
Ministry of aviation tells SpiceJet and prospective investors to present funding plan to get reliefSpiceJet owes over Rs 200 crore to Airports Authority of India (AAI) and about Rs 50 crore to Delhi and Hyderabad airports andRs 16 crore t...
27 Dec, 2014, 05.51 AM IST
Kingfisher Airlines management to meet engineers and pilotsKingfisher that operates around 80 flights per day with nine aircraft (as per schedule given to the regulator) was forced to cancel all its...
01 Oct, 2012, 02.05 PM IST
China's Huawei drags Videocon to court for non-payment of Rs 860 crore contractual duesHuawei has moved Mumbai High Court following Videocon Group’s refusal to respond to its legal notice for non-payment of nearly Rs 860 crore...
24 Aug, 2012, 12.02 PM IST
Huawei Technologies sends notice to Videocon, suspends servicesHuawei Technologies has sent a legal notice to the Videocon Group & suspended service support to its telecom unit for non-payment of dues.l
05 Jul, 2012, 04.40 AM IST
Fukushima Disaster: Nuclear power is a risk without independent regulationAfter Fukushima, you cannot underplay the risks of nuclear energy. Manufacturers and vendors of nuclear technology were in bed with Japan's...
12 Mar, 2012, 09.03 AM IST
- AI, Kingfisher agree to pay GMR dues
Air India and Kingfisher Airlines have agreed to pay their dues to Bangalore-based GMR, which runs the Delhi and Hyderabad airports, throug...
01 Jun, 2011, 07.42 AM IST
- Cash-strapped AI delays staff salaries
Salaries of 40,000-odd employees will be delayed on account of rising oil dues and interest rates.
10 Mar, 2011, 06.35 AM IST
- Education sector drives notebook sales
After nearly seven months of bleak sales, the national notebook PC market is once again picking up. The country’s leading PC vendors such a...
29 Jun, 2009, 05.07 AM IST