Auction

NSE to auction investment limit for Rs 2,684-cr bonds Monday

The National Stock Exchange will auction Monday investment limits for foreign investors to buy government debt securities worth Rs 2,684 crore.

May 17, 2015, 12:12 PM IST

SBI to e-auction distressed properties every quarter now

After failing to get the desired results in its maiden e-auction of distressed properties in March, State Bank of India has decided to separately auction commercial and retail properties under its hold from next month.

May 14, 2015, 23:19 PM IST

Govt to auction 69 small oil fields of ONGC, Oil India to private firms

The government will soon auction 69 small and marginal oil fields of state-owned ONGC and Oil India to private firms as a precursor to a full fledged licensing round, Oil Secretary Saurabh Chandra said on Tuesday.

Apr 21, 2015, 15:22 PM IST

Govt makes green norms easier for new coal block allottees

In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry has allowed transfer of environment clearances granted to the previous allottees to new owners without any fresh approval.

Apr 02, 2015, 18:55 PM IST

3rd round of coal auction later this month; 16 mines on block

After the success of two rounds of coal blocks auction, the government on Wednesday said the third round for 16 mines will begin later this month.

Apr 01, 2015, 22:09 PM IST

India's top three mobile phone operators spend $13.6 billion in airwaves auction

India`s top three mobile phone network operators have spent a combined $13.6 billion in a government auction of airwaves to secure almost 80 percent of the spectrum on offer, reinforcing their positions in the world`s second-biggest mobile market.

Mar 27, 2015, 08:54 AM IST

Identifying 15-20 mines to be auctioned: Goyal

The government has recently auctioned 33 coal blocks in two phases.

Mar 26, 2015, 14:34 PM IST

Govt all set to auction 15-20 coal mines next month

The government is all set to auction another set of 15-20 coal blocks next month following passage of the coal mines bill in Parliament.

Mar 23, 2015, 22:52 PM IST

Spectrum auction kitty rises to Rs 1.07 lakh crore

The government's telecom spectrum auction kitty today rose to Rs 1.07 lakh crore with provisional allocation of 88 per cent airwaves at the end of day 16.

Mar 21, 2015, 22:50 PM IST

Coal mines auction: Govt rejects bids of Jindal Steel, Balco

The government has cancelled bids of Jindal Steel and Power and BALCO for four coal blocks amid speculation of cartelisation.

Mar 21, 2015, 10:07 AM IST

FICCI does a U-turn; says investors upbeat on auction process

In a volte-face, Ficci Thursday said the overwhelming response from investors to the ongoing coal block auctions is a testimony to the emerging opportunities in the sector and it expects "renewed investor interest" in the Indian economy.

Mar 19, 2015, 20:44 PM IST

SBI to conduct auction of seized properties worth Rs 1,200 cr

In what has become the season for state-run auctions, the State Bank of India will on Saturday conduct one of its biggest auctions of seized properties worth Rs 1,200 crore across 26 Indian cities towards redeeming its bad debts.

Mar 13, 2015, 18:36 PM IST

Spectrum auction bids cross Rs 1 lakh crore mark

Government's proceeds from the spectrum auction Thursday crossed Rs 1 lakh crore mark as aggressive bidding took place across all bands on the eighth day of the biggest sale of 2G and 3G airwaves.

Mar 12, 2015, 21:52 PM IST

Govt cancels proposed e-auction of Jamkhani mine in Odisha

The government has cancelled the proposed e-auction of Jamkhani coal block in Odisha which was scheduled to go under the hammer Friday as the last mine in the second tranche of auctions.

Mar 12, 2015, 20:44 PM IST

Spectrum auction Day 7: Bids reach Rs 96,000 crore

Bids for spectrum grew to around Rs 96,000 crore at the end of seventh day of auction Wednesday, after surprisingly dipping to Rs 92,200 crore yesterday for the biggest-ever sale of 2G and 3G airwaves.

Mar 11, 2015, 21:40 PM IST

Coal auction kitty hits Rs 2.07 lakh crore; tops CAG figure

The coal auction kitty Monday crossed Rs two lakh crore mark after two more mines went under the hammer today in the ongoing e-auction -- surpassing CAG's estimate of Rs 1.86 lakh crore loss due to allocating mines without auction during the previous regimes.

Mar 09, 2015, 22:54 PM IST

Coal auction proceeds to cross Rs 2 lakh crore: Govt

Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAG's estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.

Mar 09, 2015, 21:43 PM IST

Spectrum auction Day 5: Govt garners bids worth Rs 94,000 cr

The government has garnered Rs 94,000 crore worth of bids from telecom players at the end of five days of spectrum auction Monday.

Mar 09, 2015, 21:36 PM IST

Coal auction rains revenue bonanza; touches Rs 1.57 lakh cr

In another revenue bonanza from the ongoing auction of coal mines, the government Sunday garnered Rs 5,164 crore from sale of two more mines to Jaypee Cement and Ambuja Cements with cumulative proceeds surging to Rs 1.57 lakh crore.

Mar 08, 2015, 21:44 PM IST

Coal auction Day 4: Jaypee Group, Gujarat Ambuja successful bidders

On the fourth day of auctions here for schedule III category mines whose earlier allotments were cancelled by the apex court, Jaiprakash Cement Corp and Gujarat Ambuja Cement emerged as successful bidders for the Mandla South and Gare Palma coal fields, respectively.

Mar 08, 2015, 21:01 PM IST