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Vodafone Idea fails to renew bank guarantees amid financial constraints, seeks time

The telco said that it has been unable to renew additional BGs as this requires 100% cash margin to be provided to the banks. According to a banker, the decision to ask for a 100% cash margin reflects that banks are extremely averse to lending to Vi, even if the BG sums are tiny.
Department Of Telecommunications Do United Kingdom Vodafone Plc India Aditya Birla Group Kotak Mahindra Bank Vodafone Idea Controller General

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7th pay commission: One-time option to switch to OPS from NPS available for these central govt employees; know eligibility, last date

NPS vs OPS: Select All India Services (AIS) officers covered by the National Pension System (NPS) will now get a one-time option to switch to the Old Pension Scheme, said DoPT. Know who will be eligible, what is the last date to submit the application and how will NPS corpus be restructured if a government employee switch to OPS from NPS.
Civil Services Examination Provident Fund Department Of Expenditure Indian Forest Service Examination India Services India Services Provident Fund

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