NEW DELHI: Those with pending toll dues for use of National Highways (NHs) will soon not be able to get a no-objection certificate (NOC) for renewal of registration and insurance, change of ownership, transfer and issuance of fitness certificate. The road transport ministry has issued a draft notification to introduce this change in Motor Vehicle…
Bangladesh has paid $384 million to Adani Power this month, significantly reducing its outstanding dues under a 2017 power supply agreement with the Indian company, according to sources.As of June 27, Bangladesh has paid $384 million of the committed $437 million scheduled for the month. Sources said this amount clears the country’s “admitted” dues till…
BENGALURU: The National Company Law Tribunal (NCLT), Ahmedabad has admitted two separate insolvency petitions filed by Indian Renewable Energy Development Agency (Ireda) against Gensol Engineering (GEL) and its subsidiary Gensol EV Lease (GEVL), initiating corporate insolvency resolution processes (CIRP) against both companies.In the case of Gensol Engineering, the tribunal admitted Ireda’s petition for defaulted dues…
NEW DELHI: Bharti Airtel‘s about Rs 41,000-crore of adjusted gross revenue (AGR) dues will not be converted into equity automatically as the telco’s application for such conversion will go through a scrutiny at the Department of Telecom (DoT), an official source said on Friday.Bharti Airtel has sought conversion of its AGR dues of around Rs…
Former Pakistan cricket coach Jason Gillespie (Reuters Photo) On Sunday, the Pakistan Cricket Board (PCB) countered the allegations made by Jason Gillespie, the former red-ball head coach for the national men’s team, regarding the alleged non-payment of his dues. The PCB stated that Gillespie himself had ‘abruptly’ terminated his contract. In an official statement, the…
Jason Gillespie (Reuters Photo) NEW DELHI: Former Pakistan red-ball coach Jason Gillespie has taken a direct jab at the Pakistan Cricket Board (PCB), revealing that he’s still waiting to be paid for work he did during his brief tenure. In a candid interview with PakPassion, the Australian great said, “Yes, without going into details. I’m…
Mehul Choksi (file photo) NEW DELHI: Fugitive businessman Mehul Choksi has not paid maintenance charges of about Rs 63 lakh for his flat at Gokul Apartments in Malabar Hill, Mumbai, news agency ANI reported, quoting a society member on Monday. The member told ANI that Choksi owns three units in the building – on the…
RANCHI: In a stern warning to the Centre, Jharkhand chief minister Hemant Soren on Tuesday said his govt would take tough measures, including taking a legal recourse and forcing public sector coal units operating out of the state to shut down their mining operations, if no sincere efforts were made to clear its coal-related dues.Speaking…
NEW DELHI: The Indian Medical Association (IMA), Haryana, to suspend Ayushman Bharat scheme services across the state from February 3, citing pending government reimbursements amounting to Rs 400 crore. “We have been again approached by all empanelled hospitals of Haryana to act on their behalf and inform you that if following demands are not met…
NEW DELHI: UK-based Vodafone Group has cleared dues of around Rs 11,650 crore or about 109 million pound that it raised against shares of Vodafone Idea, according to a regulatory filing.Vodafone Group had pledged almost the entire stake in VIL to raise the debt.The pledge was created in favour of HSBC Corporate Trustee Company (UK)…