Sovereign Guarantee

Showing 1 of 9 from 9 results
Sovereign Guarantee - Total results - 9
LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt
Business

LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt

There are a number of processes which have to be followed and some legislative changes would also be required for the listing of LIC, Kumar said.

BSNL bailout: Over 40,000 employees have opted for VRS so far, response good across all cadres, says telco CMD PK Purwar
Business

BSNL bailout: Over 40,000 employees have opted for VRS so far, response good across all cadres, says telco CMD PK Purwar

BSNL is looking at savings of about Rs 7,000 crore in wage bill, considering 70,000-80,000 personnel opt for the scheme.

CAG report doesn't acquit NDA's Rafale deal, but Rahul Gandhi's political immaturity has given BJP the advantage
Politics

CAG report doesn't acquit NDA's Rafale deal, but Rahul Gandhi's political immaturity has given BJP the advantage

Rahul Gandhi destroyed his chance by calling the CAG "Chowkidar Auditor General", its Rafale report "worthless" even before the report was tabled in Parliament.

No financial guarantees, weak legal recourse: CAG's Rafale report shows little options if contract breached
India

No financial guarantees, weak legal recourse: CAG's Rafale report shows little options if contract breached

The CAG report tabled in Parliament confirms that the Cabinet Committee on Security headed by Narendra Modi approved the Rafale deal even though France and Dassault Aviation had both refused to furnish bank guarantees or sovereign guarantees.

Rafale row: Not all previous defence deals between India and other countries had an integrity clause
India

Rafale row: Not all previous defence deals between India and other countries had an integrity clause

India has, in the past, inked Defence deals with countries like the USA and Russia without signing an integrity clause or an anti-corruption agreement.

Rafale explained: From letter of comfort to 'missing' bank guarantee, unmasking technical terms of deal
India

Rafale explained: From letter of comfort to 'missing' bank guarantee, unmasking technical terms of deal

To help readers understand where the government enjoys strong-footing and where it has failed to answer pointy questions, here is a low-down on the technical jargon associated with the debate on the issue.

Don't need certificate from Nirmala Sitharaman, says The Hindu group editor N Ram; alleges big 'cover up' in Rafale deal
India

Don't need certificate from Nirmala Sitharaman, says The Hindu group editor N Ram; alleges big 'cover up' in Rafale deal

Chairman of The Hindu Group N Ram, who wrote about the then Defence Secretary Mohan Kumar's dissent note on Rafale fighter jet deal negotiation issue, said on Friday that the government was trying to "cover up" on the matter and asserted that he does not require any certificate from Defence Minister Nirmala Sitharaman about his ethics of journalism.

Rafale row: Manish Tewari tweets 'page one' of dissent note, highlights MoD claim that Indian position was 'weakened' by PMO
Politics

Rafale row: Manish Tewari tweets 'page one' of dissent note, highlights MoD claim that Indian position was 'weakened' by PMO

Congress leader Manish Tewari on Saturday published on Twitter what is allegedly the first page of the dissent note that the defence ministry had sent in 2015 to the Prime Minister's Office, expressing reservations to the latter holding "parallel discussions" in negotiating the Rafale fighter jets deal with France.

Rafale dissent letter concerned only sovereign guarantee, says G Mohan Kumar: What is this assurance and why is it key to deal?
India

Rafale dissent letter concerned only sovereign guarantee, says G Mohan Kumar: What is this assurance and why is it key to deal?

In the light of the controversy erupting after a report on The Hindu revealed that the defence ministry had opposed the involvement of the Prime Minister's Office in negotiating the Rafale deal with France, then Defence Secretary G Mohan Kumar said on Friday that the ministry had only issued a dissent note over the sovereign guarantee aspect of the negotiations.