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bank guarantee news

PSPCL’s 2-cr security return to Sanjeev Arora-linked firm under ED gaze

Sanjeev Arora was arrested by the ED on May 9 from his official residence in Chandigarh after raids were carried out against him in an alleged 100-crore GST fraud case. (HT PHOTO)
Published on May 17, 2026 06:58 am IST

Maharashtra: 10 cr bank guarantee mandated for leased sugar mills to ensure FRP payments

Maharashtra: 10 cr bank guarantee mandated for leased sugar mills to ensure FRP payments
Published on Feb 16, 2026 10:52 pm IST

Ludhiana: Firm official booked for bid to forge sign

The attempt was detected during verification, preventing the release of the amount. (HT Photo)
Published on Jan 09, 2026 04:08 am IST

State bank guarantees reach record high of 62,569 crore in FY 2024-25

State bank guarantees reach record high of 62,569 crore in FY 2024-25
Published on Jul 14, 2025 08:20 am IST

State’s bank guarantees to govt agencies cross 1 lakh crore

Mumbai: Maharashtra Deputy CM Ajit Pawar arrives for the Budget session of the state Assembly, at Vidhan Bhavan in Mumbai, Monday, March 3, 2025. (PTI Photo/Shashank Parade)(PTI03_03_2025_000118A) (PTI)
Published on Mar 23, 2025 07:32 am IST

Ludhiana MC seizes bank guarantee of firm managing city bus services

The contract of the city bus service was terminated by the municipal corporation on February 26. (HT File Photo)
Updated on Mar 15, 2024 05:12 am IST

MSCB refuses to lend sugar factories; 6 proposals on hold

HT Image
Updated on Nov 10, 2023 08:02 am IST

Chandigarh: 3 CITCO officials indicted for fraudulent withdrawal of 35 lakh bank guarantee

Additional district and sessions judge BR Bansal (retd) conducted the inquiry and implicated CITCO’s commercial manager Anil Sharma, clerk Balwinder Kaur and junior assistant Rikkhi Ram. (iStock)
Updated on Oct 21, 2023 09:22 am IST

Bank guarantee scam: CITCO officials kept sitting on file for 18 months

As per the case, the firm, OSCAR Security and Fire Service is accused of encashing 35 lakh bank guarantee submitted with CITCO on a fake document. (HT File Photo)
Updated on Jun 12, 2023 01:31 am IST

Contractors cannot be allowed to do shoddy work: Karnataka HC

Karnataka HC.
Published on Jun 08, 2023 08:53 am IST

Developers give 436-cr post-dated cheques to clear dues

HT Image
Published on Dec 26, 2019 11:19 pm IST

Solid waste management: PPCB asks firm for 9 lakh bank guarantee

Over 24 lakh metric tonnes of garbage has accumulated at the main dump site on the Tejpur Road in Ludhiana and fire incidents are common at the site.
Published on Nov 29, 2019 10:32 pm IST

Goa Congress alleges corruption in beach cleaning tender; minister says process transparent

In April this year, the Goa government had floated a tender calling on agencies to bid for providing comprehensive services for cleaning of various beaches in Goa including collection, segregation, transportation and disposal of garbage, etc.
Updated on Aug 14, 2019 09:49 am IST

Rafale deal: Congress says PM Modi ‘misused office, time to file an FIR’

Congress’s chief spokesperson, Randeep Singh Surjewala, told reporters in New Delhi that Modi should be investigated under the relevant provisions of the Prevention of Corruption Act and the Indian Penal Code.
Published on Mar 06, 2019 11:35 pm IST

10,627 crore due in development fee in Haryana, builders notified

The external development charges are collected from developers to carry out development works, including building roads, setting up electrical infrastructure, laying down water and sewerage lines, constructing drains and related infrastructure.
Published on Mar 01, 2019 03:50 am IST

Nitin Gadkari on what stalls India’s plan to build 84,000 km of roads by 2022

Risk-averse bankers are slowing construction of infrastructure projects in India, Nitin Gadkari, the country’s minister for road transport and highways, said.
Published on Sept 19, 2018 03:50 pm IST

State fee regulating authority directive: No bank guarantee for medical admissions

As per the Medical Council of India(MCI) norms, the post-graduate medical student is entitled to receive a specified amount as stipend. (HT representational photo)
Updated on May 17, 2018 02:44 pm IST