close
This ad will auto close in 10 seconds
Air India plans to raise Rs 80 crore through sale of properties

Air India plans to raise Rs 80 crore through sale of properties

Government-run Air India plans to raise around Rs 80 crore through sale of its seven properties, including some land parcels, as a part of its asset monetisation plan.

Railways supply chain to go digital

Railways supply chain to go digital

The Indian Railways will be launching digital contract, a system of digitisation of its entire supply chain across all zones.

Service Tax Dept to auction Vijay Mallya's luxury personal jet on November 28-29

Service Tax Dept to auction Vijay Mallya's luxury personal jet on November 28-29

In its bid to recover around Rs 535 crore due from beleaguered businessman Vijay Mallya, the Service Tax Department is looking at having more participation when it reauctions his luxury personal jet on November 28-29.

PSUs to follow “zero coal imports” policy from next fiscal: Official

PSUs to follow “zero coal imports” policy from next fiscal: Official

In order to bring down coal imports at a faster rate, public sector units (PSUs) in the power sector will follow "zero imports" policy from the next fiscal onwards, a top official said on Thursday.

E-auction for 2nd batch of 266 FM radio channels to begin today

E-auction for 2nd batch of 266 FM radio channels to begin today

E-auction for the second batch of 266 FM radio channels in 92 cities will begin on Wednesday with Information and Broadcasting Minister M Venkaiah Naidu expressing optimism for a very "positive" response.

Lenders to sell Kingfisher Airlines' assets in e-auction

After declaring Kingfisher Airlines, its promoter Vijay Mallya and United Breweries Holdings wilful defaulters, banks on Saturday put up for sale some of the airline’s assets including cars and forklifts.

CCI asks Coal India to examine spot e-auction scheme afresh

Fair trade regulator CCI has asked Coal India to examine afresh its spot e-auction scheme to obviate possible violation of competition norms even as the watchdog rejected a complaint of unfair business practices against the state-owned miner.

SBI to e-auction distressed property on June 12

This is the second e-auction which the bank will be conducting in this year after its maiden attempt in March.

Bids for subsidy by gas power projects postponed by 1 day

Sources said the e-auction on Tuesday will be for stranded power plants, and the same for units receiving sub-optimal domestic gas will be held on May 13.

Good response for residential properties at SBI's e-auction

India`s largest mortgage lender State Bank of India (SBI) successfully completed e-auction of around Rs.1,200 crore worth of stressed assets on Saturday with good number of bids for residential properties, said a senior official.

Coal ministry gears up for e-auction modalities

The Coal Ministry is gearing up to prepare the modalities of the proposed e-auction of coal blocks that may take place in January next year.

Companies convicted in coal scam will be barred from auction: Piyush

With the Coal Ministry readying for e-auction of coal blocks that were held 'illegal' and cancelled by the Supreme Court in September, Coal Minister Piyush Goyal on Tuesday said those companies convicted in the coal scam would be barred from auction.

Coal India Q1 Net up 8%; board takes view on e-auction issue

World's largest coal miner Coal India Ltd Tuesday reported a 8.1 percent rise in net profit at Rs 4,033.28 crore on consolidated basis for the first quarter ended June 30, 2014.

Govt asks Coal India to cut e-auction volume

The Coal India Board will be holding a meeting on August 12 to discuss the possibility of lowering e-auction quantity.

Goyal asks CIL to boost output, cut e-auction quantity

Coal India, the world's largest coal producer, sells about 7 percent of its production through e-auctions.

Coal India Ltd modifies e-auction clauses

State-owned CIL has modified clauses pertaining to spot and forward e-auctions of coal to include a provision that says both parties shall be entitled to claim and recover from the other excess or differential tax and statutory levies.

Coal India's e-auction benefits only big traders: Panel

A high-level panel has described e-auctions conducted by Coal India (CIL) as a "tool for manipulation" that benefits only "big traders" and questioned the need for this method of sales when the country is reeling under a shortage of the fuel.

Railways switch over to e-auction mode for scrap disposal

Railways disposes scrap worth Rs 3,500 crore every year.

Centre clears EGoM auction of 839 FM channels in 294 cities via e-auction

Chidambaram said migration fee will be charged from existing operators on their migration from Phase-II to Phase-III and the amount of migration fee would be decided after consultation with TRAI.

FinMin keen to sell residual stake in HZL, Balco via e-auction

The Finance Ministry has proposed e-auction to sell its residual stake in Hindustan Zinc and Balco in which Vedanta Resources, the existing majority stakeholders of the companies, could also participate.