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TEA ELECTRONIC AUCTION
Tea brand Golden Tips buys moonlight teas from Badamtam, Castleton tea estates at record pricesThe grades of these moonlight teas are of the highest and the plucking process is very fine. Only the silvery blooming buds and the two lea...- 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...
- Tea Board launches corporate credit card for buyers at tea auctionsBy using this card, the buyers can settle the auction payments within the time limit and avail 45 days free credit period from the bank. Th...
- 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.
- Darjeeling tea fails to sell on e-platformTraders say prices of some varieties dropped by up to a quarter from a year ago.
- 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...
- Tea producers suffer Rs 70 crore loss due to e-auction failureTea producers who offer teas at the Kalcutta auctions are in a fix. A link failure at the e-auction has resulted in teas worth Rs 70 crore ...
- 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...
- Tea traders seek overhaul of e-auctionFaced with operational difficulties in e-auction system for tea, FAITTA has sought an overhaul in the rules and conditions governing the ne...
- Kochi tea auctions paralysed over e-auctionsThe tea auctions in Kochi for the week were paralysed with tea buyers protesting against Tea Board's insistence on implementation of 100 % ...
- 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.
- 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...
- E-auction of tea is around the cornerThe Tea Board of India has roped in Reliance Communications, which will provide the MPLS-VPN leased line for conducting the e-auction acros...
- 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...
- Tea Board to tie up with Air IndiaThe Tea Board is in the process of tying up with Air India for locating its marketing centre at the overseas carrier's office in Cairo, Min...
- E-trading for packaged tea soonThe government has initiated steps to enable the packaged tea industry, especially premium varieties like Darjeeling and Assam tea, to oper...
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