Vedanta Limited emerges highest bidder for the Jamkhani coal block in auction
The approved per annum capacity of the mine is 2.6 million tonnes with an extractable reserve of 114 million tonnes. Once operational, it will provide fuel security, improve power availability and further strengthen the company’s aluminium operations and performance.
SECI's 5 GW manufacturing-linked solar auction gets good response
These bids came in after several obstacles were faced in the manufacturing-...
How to be an auctioneer and make people part with their money
It’s commonly believed that salesmanship and humour are the only qualities an a...
ONGC auction gets tepid response
In June, ONGC had sought private contractors for the 64 producing small fields, organised in 17 onshore contract areas and with a reserve of 300 million metric tonnes of oil equivalent, and is currently engaged in pre-bid talks. But some potential bidders feel that just a share in incremental revenue may not make these fields lucrative enough.
This hippo-shaped bathtub minted $4.3 mn at Christie's, earned 2,500% profit for its owner
Christie’s Monday evening sale of Impressionist and modern art totaled $191.9 million.
CIL's coal allocation under spot e-auction drops 36 pc in April-September
CIL had allocated 17.69 MT of coal in the year-ago period, according to govt data. The coal allocated by the PSU under the scheme in September also dropped to 1.97 MT, compared to 2.58 MT in the corresponding month of 2018-19. The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service.
ONGC seeks buyers for KG Basin gas
It has set a reserve price of $5.61 per million metric British thermal unit (mmBtu) and the minimum bid quantity at 0.05 MMSCMD. Bidders will have to quote the number of days they would need to offtake gas after being awarded—with preference for the bidder with fewer days in case of a price tie. Bidders will make a single bid electronically.
Sebi to auction assets of Royal Twinkle, Citrus Check Inns in December
The move comes following the directions of the Supreme Court, Sebi said in a notice.
Govt within its rights to hold spectrum auction, but older telcos unlikely to bid: COAI
COAI Director General Rajan Mathews said given the latest AGR judgement from the apex court and the sector's deep crisis, the older operators are unlikely to have the wherewithal to bid for spectrum. "If the auctions are indeed held, then the government should ensure there is no monopoly in acquisition of spectrum," Mathews added.
Just 3 companies show up for NHAI's toll-operate-transfer-3 auctions
NHAI had in June this year invited bids for the third bundle of toll-operate-transfer auctions, looking to raise a minimum of Rs 4,995 crore. While the names of the companies that have submitted bids due on Monday are not yet known, officials said leading infrastructure players such as Adani, Cube Highways, IRB Infrastructure and L&T could be among the bidders.
Boots for sale: Napoleon's footwear could fetch $88K at Paris auction
The size 40 boots were given by General Henri Gatien Bertrand to a sculptor working on a Bonaparte statue.
Coal auctions under current round to fetch four states Rs 43,000 crore
The highest revenue of about Rs 37,000 crore will go to Odisha, where Vedanta was the highest bidder at Rs 1,674 per tonne for the Jamkhani block with 222 million tonnes extractable.
JSPL wins coal block in auction
In the first tranche of coal block auction in 2015, the coal ministry had rejected Jindal Power's best bids for Gare Palma IV/2&3 block and Tara block that received low bids as compared to other blocks. The two Gare Palma blocks were given to Coal India for operation and the high court later upheld the decision. JSPL emerged as the highest bidder for the block.
Manuscript by 16-yr-old Mozart to go under the hammer; likely to fetch over $16,6,000
The handwritten score dating from 1772 will go under the hammer on Nov 18.
This snow crab sets new world record, fetches whopping $46,000 at auction
In Japan, buyers often pay eye-watering sums to secure a seasonal first at auction.
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