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BID PRICE CRITERIA
Govt weighs options to revive stalled IDBI Bank privatizationIndian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...
Kotak CEO flags IDBI valuation concerns as privatization dragsIDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...
Road ministry imposes additional performance security on low bidsThe move, which will increase the cost of projects for the bidders, is aimed at doing away with the trend of abnormally low bid prices in n...
Mahayuti govt favoured firms in tenders in return for campaign finance donations: CongressCongress accuses Maharashtra's Mahayuti government of favoring certain companies in infrastructure tenders in exchange for campaign finance...
Reliance Industries and BP suspends gas auction after cap on traders' margin"It is hereby notified that the current bidding process is suspended till further notice," the two firms said in a notice on Monday. It did...
Tech, managerial experience not relevant criteria for bidder selection: FinMin on CEL saleIn a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said some allegations have been received from a CEL employ...
New e-bidding norms: Reliance, others don't need govt nod for gas pricingThe Ministry of Petroleum and Natural Gas last week notified guidelines for the discovery of market prices for domestically produced natura...
Spectrum sale: DoT may push deadline for bid submission by auctioneers; to tweak normsThe government had invited bids for selection of an auctioneer, for the sale of 8000 MHz of spectrum at a starting price of over Rs 5.7 lak...
SBI Capital to clarify on Taj Mansingh Hotel e-auctionAs per the tender document, NDMC was expected to publish a response to bidders’ queries on January 3, and last date for submission of techn...
First auction of exploration blocks in eight years to be held tomorrowThis will be the first auction under the new Hydrocarbon Exploration Licensing Policy, which lets companies carve blocks of their choice.
Centre puts brakes on states' unfair bids for speed limitersUnion transport ministry has asked state govts to refrain from putting restrictive conditions while inviting bids for government vehicles a...
State run oil and gas cos to give priority to vendors meeting local content normNarendra Modi government is using demand from state-run companies as a lever to spur domestic manufacturing under its ‘Make in India’ plan.
- Pipavav moves HC against ONGC on Bombay High project
A consortium led by Pipavav Shipyard has moved to the Bombay High Court challenging the legality of ONGC's decision to decline them award o...
- Proper price discovery essential
In gas mkt, we need transparency & up-to-date norms for pricing & supply.
- Delhi Metro acquired excess land: CAG
CAG rapped Delhi Metro for acquiring excess land for implementing Phase-I.
- Satyam to decide on qualification criteria for bidders
The Satyam board is likely to finalise the pricing guidelines for preferential allotment to a strategic investor and the criteria for short...
- Indian IT firms unfit for Commonwealth Youth Games?
Commonwealth Youth Games in Pune has not seen any domestic IT co participate in the games' tender process for IT products. Trends IT cos mu...