E-auction News

SBI conducts e-auction for Rs 1,200 cr distressed assets

More than 300 properties, which include offices, residential complexes and shops, were offered to potential buyers.

Do not insist on indicative offer in qualifying stage for auction, CEOs tell Coal Ministry

Bidders would be compelled to bid aggressively to qualify for the financial stage.


Coal auction in Feb; diversion allowed to similar end-use units

A successful bidder would have to utilise coal as per the agreement with the government.

Fancy numbers go for less in second round of e-auction

The number ‘0007’ incidentally saw a larger bid at Rs 7,50,000 as compared to Rs 5,50,000 in the first round.

E-auction of fancy numbers fetches govt Rs 15 lakh in 3 days

The fancy number plates have been divided into five categories with a base price for each category.

Boost output to feed thermal units, cut e-auction quantity: Goyal to CIL

Urges environment ministry to allow additional extraction from operational mines.


In 19 Punjab dists,e-auction of minor mineral quarries stayed

In A blow to the Punjab government,the Punjab and Haryana High Court on Monday stayed the e-auction of minor mineral quarries in 19 districts of the state.

New guidelines likely for sale,lease of govt land

In what could have a far-reaching effect on future sale or lease of government land to private players,the Centre is proposing

Scam-wary govt wants e-route from bank auctions to tendering,close eye on funds

The move is in line with measures taken by the Department of Atomic Energy earlier last year

Violating govt norms,sand being sold at double rate

Despite the govt having fixed the price of sand at quarry point,contractors and retailers are selling the commodity at more than twice the decided rate.