E-commerce company MSTC has pushed a long-term coal supply contract auction by over a month
“The decision to postpone the long-term supply auction was taken prior to the declaration of the lockdown. We are keeping a close watch on the situation and may push it back further if necessary,” said SK Gupta, chairman, MSTC.
RBI advances repo auction, enhances liquidity pool
As a special case, Standalone Primary Dealers (SPDs) were also allowed to participate in t...
RBI to suck out Rs 3.5 lakh crore, correct rate anomalies
The Reserve Bank of India (RBI) will conduct a variable reverse repo auction where ...
RBI enhances repo auction amount to Rs 50,000 crore from Rs 25,000 crore
Such enhancement is likely to cushion some of the impact of disruptions caused by Covid-19.
RBI swap auction falls shy of target
The dollar swap auction pumped in $650 million out the $2 billion targeted.
China keen on buy but tea output, auction disrupted
India had exported 248.29 million kg of tea in 2019, lower than the 256.06 million kg exported in 2018.
Solar tariffs increase in Gujarat auction
Vena Energy, Juniper Energy and Tata Power won 40MW, 190MW and 120MW at tariffs of Rs 2.61, Rs 2.63 and Rs 2.64 per unit, respectively in an auction conducted by Gujarat's main distribution company, Gujarat Urja Vikas Limited (GUVNL) on Wednesday for 350MW of solar capacity.
When Kiran Nadar called all the shots for a Rs 23 cr Raja Ravi Varma masterpiece
Nadar had some enthusiastic competition for ‘Radha in the Moonlight’. But in the end, she outbid them.
Yamuna authority to auction land for hotels near Jewar airport
The Uttar Pradesh government has earmarked about 5,000 hectares of land in Jewar on Yamuna Express for an aviation and transport hub. About 1,300 hectares of land will be handed over to Zurich Airports for the development of the airport in the first phase. The Jewar airport is expected to start operations around 2023-24, by when the existing airport is set to exhaust its capacity of more than 100 million.
NGT approved auction of 2 lakh mt of coal output in Meghalaya
Last year Supreme Court had paved the way for operationalising of coal mining in Meghalaya under the relevant statutory framework of the Mine and Mineral (Development and Regulation) Act. NGT has banned mining in 2014 in Meghalaya.
Cashing in on coronavirus: This Japanese politician made over Rs 63 lakh by auctioning face masks, apologises later
Morota said he auctioned packages of masks, some containing 2,000 pieces.
For the love of artifacts: 18th-century Chinese porcelain vase sells for $4.6 mn at auction
The cobalt blue and white gourd represents an imperial dragon with five claws in search of the sacred pearl.
Regulatory delays after auction hit CIL supplies to power companies
A Coal India executive said only one of the companies that won the auction had submitted the necessary documents. Industry executives blamed regulatory and procedural delays, which are hurting the alreadystressed power producers.
Kobe Bryant's Lakers jersey, medals to go on auction
The basketball player's items were already being planned for auction when he was died in a helicopter crash.
Nirav Modi asset auction fetches Rs 51 crore to ED
On sale were 40 items confiscated by the Enforcement Directorate (ED) from fugitive jeweller Nirav Modi’s Mumbai residence to recover some of the money he’s alleged to have siphoned off. The sale fetched the exchequer Rs 51.4 crore. This number does not include tax or the buyer’s premium that the auction house, Saffronart, said.
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