SECI's 5 GW manufacturing-linked solar auction gets good response
These bids came in after several obstacles were faced in the manufacturing-linked solar power auctions. For past few months, renewable power project bids, particularly manufacturing-linked solar energy ones, were either extended or scrapped on account of poor response from the developers.
Ajay Piramal, Rakesh Jhunjhunwala pledge support to charity, pre-adopt sculptures in exchange for donation
The work done at the foundation is...
Sebi to auction assets of Royal Twinkle, Citrus Check Inns in December
The move comes following the directions of the Supreme Court, Sebi sai...
Government mops up Rs 4,973 crore revenue from auctioned coal mines
Under Coal Mines (Special Provisions) Act, 2015, 31 mines have been allocated through auction so far, the minister said. Of the 31 mines, allocation of nine mines has been terminated for various reasons, Joshi said adding that of the remaining 22 mines, 13 have got opening permission and 11 are producing coal.
mjunction to e-auction lignite for NLC India
mjunction plans to bring in multiple value-added services for their benefits such as toll-free help desk, complaint handling portal, buyer finance, status tracking of EMD deposits and refunds, e-ledgers and automated alerts.
Sebi to auction assets of Royal Twinkle Star Club, Citrus Check Inns
The move comes following the directions of the Supreme Court.
Private players stay away from the latest oilfield auction
ONGC has submitted bids for seven blocks and Oil India for one in the fourth round of the Open Acreage Licensing Programme (OALP), where bidding closed on Thursday, according to a statement on the website of the Directorate General of Hydrocarbons (DGH), the Oil Ministry arm that oversees oilfield auctions.
Coal India fetches 82% premium over notified price in e-auction
At special forward e-auction for the power sector, Coal India managed to sell coal at a premium of 27% over notified prices in September. For the April-September period, the company managed to command average premium of 32%.
Glitter and shine: Five-strand Basra pearl necklace rakes in Rs 1.9 crore at auction
The total winning value for the auction was Rs 8.6 crore
Mumbai Police, RBI administrator discuss auctioning of HDIL promoters’ assets
The city police discussed the matter with JB Bhoria, the RBI-appointed administrator of the bank, saying the proceeds raised from the auctions could be infused in the bank and be made available to the beleaguered depositors.
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.
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.
Tyeb Mehta's paintings sell for millions: Here's how Sotheby's sets auction estimates
Ishrat Kanga of Sotheby’s London breaks it down for the layman.
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.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service