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E AUCTION MECHANISM
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...- Coal India’s Rs 5,000 crore OFS opens for retail investors: Should you buy or avoid?Coal India's Rs 5,000 crore offer is now open for retail investors. Analysts see this as a good chance for long-term investment. The govern...
- CIL's April coal auction quantity drops 6% vs March to 30.5 MTCoal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are...
- In 1994, Pierre Omidyar built a simple auction website during a holiday weekend, and ended up creating eBayIn 1995, Pierre Omidyar launched AuctionWeb, a primitive auction site, revolutionizing online commerce. This platform, later known as eBay,...
- RBI officers seek governor's intervention to correct promotion policyRBI officers are protesting recent changes to the promotion policy. The Reserve Bank of India Officers' Association has written to the Gove...
- Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
- Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
- Amid West Asia crisis, CIL plans to offer 25.62 million tonnes of coal in April via auctionCoal India Limited is set to auction 25.62 million tonnes of coal this month. This move aims to address energy supply disruptions caused by...
- FIMI urges govt to remove trade barriers imposed due to e-auction mechanismKarnataka is the only state in India where the miners have no commercial freedom to sell their product, where entire ore has to be sold thr...
- India proposes to adopt rolling coal auctionsCoal is the first mineral resource where rolling auction mechanism is being implemented.
- E-auction: Tea Board all set to issue fresh tenders for inviting banksA senior official of Tea Board said "Tea Board has prepared a draft tender for inviting banks which was discussed among all the stakeholder...
- Tea prices rise 4% after e-auction payment system is discontinuedTraders have switched back to the old payment mechanism that was being handled by IndusInd Bank and State Bank of India before the Tea Boar...
- Reverse e-auction lowering power prices: Ind-RaBilateral markets are a playing ground for large power traders and they provide a reference price for majority of the short to medium term ...
- CIL modifies e-auction clausesThe clause before the amendment only said sale under each auction shall be individual, independent, unique and complete transaction.
- NMDC’s ore pricing policy has Steel Companies up in armsNMDC has been raising prices for domestic customers even as prices have been coming down globally over the past few months.
- Need to further tweak tea e-auction mechanism: J Thomas & CompanyThe electronic auction system for tea that was introduced almost two years ago is in need of further tweaking to make it perfect, said J Th...
- Govt to replicate 3G e-auction mechanism for other sectorsUpbeat over the resounding success of the 3G and broadband wireless access spectrum sale, the government on Friday said it plans to replica...
- Coal e-auction is back on railsCoal India (CIL) resumed coal e-auctions on Monday after nearly a year after a court ruling had barred it in December 2006. Now, CIL hopes ...
- Coal India switches to e-booking mechanismCoal India (CIL) has decided to replace its e-auction system with a new ‘e-booking’ mechanism.
- CIL to replace e-auction system with 'e-booking'Under the new mechanism, coal will be priced at 30% premium over its notified prices. Linked and non-linked consumers are free to bid.
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