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TEA AUCTION PLATFORM
Tea Board pushes for more transparent, efficient tea auctionsTea Board India held a seminar to discuss reforms for improving the Pan-India e-Auction system. It focused on enhancing transparency and ef...- Assam’s Pu’er tea fetches Rs 12,000 per kg at Guwahati tea auctionAssam’s tea industry recorded a new speciality tea milestone as Pu’er Tea Cake from Gauripur Tea Industry sold for Rs 12,000 per kg at the ...
- Assam's revised ATISIS gives major boost to GTAC-linked CTC exportsAssam's updated tea incentive scheme introduces exciting export benefits designed to enhance the quality of CTC tea. The initiative promise...
- Where art thou? From royal silverware to rare watches, what collectors are bidding for nowAs collectors broaden their horizons beyond canvases, Glynda Alves finds that India’s auction houses are witnessing growing demand for item...
- Present tea auction system not helping in optimum price discovery in North India: Producers"In the previous English auction system, division of lots were allowed. One lot is more than 30 packets. If these lots are divided, then th...
- GTAC to hold auction on Wednesday through virtual platformGTAC Secretary Priyanuz Dutta informed that this first time that such sale will take place in GTAC.
- mjunction conducts first e-auction on new tea e-marketplace at JorhatThe inaugural e-auction event was conducted for Green, Orthodox and CTC teas across 38 tea gardens.
- 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...
- IIM Bangalore suggests Japanese auction model for tea e-auction in IndiaIIM Bangalore has also recommended arranging separate marketing channel for small buyers and standardisation of packaging.
- Arunachal tea variety fetches Rs 40,000 per kgA 1.1 kg lot of Golden Needles tea variety of Donyi Polo tea estate in Arunachal Pradesh sold at Rs 40,000 per kg yesterday.
- 1 Kg of tea Guwahati tea auction centre fetched Rs 39,001 in pan India Auction systemGTAC has claimed that this is highest ever auction price fetched in any auction centre across the world.
- Tea Board successfully implements the payment settlement part of the Pan India e-auction of teaThe introduction of post settlement module has ensured that al payments involving auction of tea will be on line through designated settlem...
- 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 ...
- 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 brings green tea under hammerCultivation of green tea is growing in the northeast. The green tea market in India is expanding at about 50% annually and is estimated to ...
- 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...
- 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...
- Outcry goes out of fashion as tea auction goes onlineThe Tea Board on Wednesday kicked off e-auction, paving the way for putting an end to the age-old ‘outcry system’ in tea auction which star...
- 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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