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SILIGURI AUCTION CENTRE
Technical glitches disrupt tea auctions in the countryProducers are fretting about the decline in prices that could be accelerated due to the disruption in auction sales. For instance, the aver...- Auction of specially plucked teas on June 22 to commemorate International Tea DayAll activities related to the display of samples, etc. shall be carried out in strict compliance maintaining the social distancing norms la...
- Supply of tea may be impacted if lockdown continues after April 14 as tea auctions will not take placeBut if the lockdown continues, then auctions will be deferred and the supply line will gradually dry up, said industry executives. The carr...
- The registration process for Jorhat Tea E-marketplace has started on TuesdaySunil Jallan, Chairman, NETA said, “Tea Board India has recognised “mjunction” to set-up a new tea auction platform at Jorhat. mjunction is...
- ICICI Bank to take over pan India tea auction settlementOf the total tea production of 1,278 million kg in India in 2017, around 591 million kg were offered through auctions.
- Tea Board yet to put in place the settlement process for e-auction of teaTea Board had replaced IndusInd and State Bank of India and brought in Bank of India to handle the payment settlement in the new pan India ...
- Tea auction throughout the whole country has gone under dead lockThe reaction recorded came as a protest against few clauses in the new Pan Country Tea Auction system introduced by Indian Tea Board(ITB).
- Tea Board postpones all India e-auction of teaThe tea broking community said lack of clarity on the payment of central sales tax and issues over the payment settlement system caused the...
- IndusInd Bank out, Bank Of India to now settle tea e-auctionsThe Tea Board has selected Bank of India as the new settlement bank for pan-India e-auction from sale number 25, which falls on the third w...
- Now, buy darjeeling tea at e-auction sitting at homeAll other varieties of tea such as CTC, dust and orthodox are now traded through the e-auction platform. There are seven registered e-aucti...
- Guwahati tea auction centre witnesses increase in private saleGuwahati tea auction centre witnesses increase in private sale despite VAT cut GTAC failed to attract more tea. .
- Upasi gets go-ahead to hold tea e-auction“It will take two months to complete the study and a few more months before we can start the e-auction,” said Upasi secretary general Ullas...
- Kolkata tea auctions to go online from May 19Electronic auction of tea at Kolkata auctions is expected to kick off from May 19. To begin with, only dust variety of tea will be routed t...
- Electronic auction of tea to kick off in KolkataElectronic auction of tea at Kolkata auctions is expected to kick off from May 19.
- Tea exports set to reach target despite lower offtake from PakIndia will export about 200 million kg of tea this financial year despite a slump in the offtake by Pakistan after the 26/11, according to ...
- Online tea auction from Nov likelyAuctioning of tea in the country will go online by November this year with the software and system testing for the project to be conducted ...
- Tea Board joins hands with NSE arm to kick off e-auctioning by year-endElectronic auctioning of tea is finally set to take off. Tea Board of India on Thursday inked an agreement with NSE.IT, a subsidiary of Nat...
- Bengal plans pineapple auction centre, potato export facilitationWest Bengal is all set to beef up the logistics support system for the two prime agri commodities, pineaaple and potato, at pre-harvest and...
- Tea Board shortlists 5 players for online auction platformThe Tea Board has shortlisted technical bids of Metaljunction, NCDX, NSE.IT, CMC and Agri-Global for implementing the e-auction system acro...
- Single tea auction system in line with NSE on cardsThe Centre is mulling a single national tea auction platform on the lines of the National Stock Exchange (NSE). “We are looking at migratin...
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