Bank Gurantee

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Bharti Airtel submits Rs 644 crore bank guarantee in TDSAT for Tata Tele merger
Business

Bharti Airtel submits Rs 644 crore bank guarantee in TDSAT for Tata Tele merger

Telecom operator Bharti Airtel is learnt to have submitted a bank guarantee of Rs 644 crore in telecom tribunal TDSAT to complete the merger of Tata Teleservices' consumer business with the company

 India clarifies bank guarantee for domestic workers in Kuwait
Economy

India clarifies bank guarantee for domestic workers in Kuwait

The statement clarified that the submission of 720 Dinars bank guarantee by a sponsor in Kuwait is not a commercial transaction as the Embassy is only asking for a bank guarantee, not a bank deposit.