Oil block bid round under revamped rules almost flops, gets 8 bids for 7 blocks
The Directorate General of Hydrocarbons said state-owned Oil and Natural Gas Corporation bid for all the seven blocks while Oil India put in an offer for one block at the close of bidding on Thursday. The block in Rajasthan saw competition from ONGC and OIL but the five in Madhya Pradesh and one in West Bengal saw single bids from ONGC, DGH said.
Odisha to auction 20 iron ore, manganese mines starting Friday
Notices inviting tenders for the two lots will be issued on Oct 4 and 14 and l...
Government to auction 7 mineral blocks from October 22 - November 1
Of the seven mines to go under the hammer, four are limestone blocks, two...
E-auction of PM's mementos ends, painting of Modi with Gandhi receives highest bid of Rs 25 lakh
The Union Culture Ministry organised the e-auction from September 14 to sell a total of 2,772 mementos gifted to Prime Minister Narendra Modi. The highest bid went to a painting of the PM with Mahatma Gandhi, which sold for Rs 25 lakh.
India considers extending green permits for mines up for auctions
Getting fresh environmental and mining permits can often take months and cause delays in resuming output.
Lunch with Warren Buffett: Auction opens with $25,000 bid
The weeklong auction benefits Glide, whose programs address hunger, poverty and homelessness.
Donatekart gives us a glimpse of how charity can be made more ‘meaningful’
Donatekart does not want donations in cash. It has devised a novel approach to the concept of giving by approaching it as a marketplace.
QE or not, world’s most elite bond club is getting its mojo back
That’s because only primary dealers, which have to bid at US debt auctions, get to sell Treasuries directly to the Fed.
Tata Steel subsidiary bags second chrome mine after Misrilall in e-auction in Odisha
The aggressive bidding for the chrome deposits has surprised some in the industry despite the fact that the Saruabil mine was considered a prized asset for its superior geological properties.
Govt makes life more difficult for charity trusts
The registration for not-for-profits should be cancelled only if they are mismanaging funds or their objectives are not in the interests of society.
SBI to conduct e-auction of 11 accounts to recover dues of Rs 467 crore
SBI said the financial assets were showcased on Oct 12 and the e-auction will take place on Nov 7. The auction for the accounts will be held under the 'Swiss Challenge Method', based on an existing offer in hand, who will have the right to match the highest bid.
DCC to take call on spectrum auction reserve prices in October
The Chinese telecom gear maker has sought a speedy decision on its fate and said any manufacturing expansion would be contingent on India’s nod to its 5G participation.
Auction process transparent, will not return to first-come,first-served: Pralhad Joshi
"We will not be able to go back to first-come, first-served basis. The law of land is very clear," Joshi said.
IIM Bangalore suggests Japanese auction model for tea e-auction in India
IIM Bangalore has also recommended arranging separate marketing channel for small buyers and standardisation of packaging.
Wind energy tariffs in SECI auction remain flat
SECI is the ministry of new and renewable energy's arm through which it holds wind and solar auctions.
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