Central Government unlikely to go in for cut in public expenditure
The Central Government is unlikely to cut public expenditure in the current fiscal despite shortfall from spectrum auction and slow […]
Railway Switches to e-Auction for Scrap Disposal
Indian railways has switched over to 100 percent e-Auction for disposal of scrap eliminating the need for physical presence of […]
TRAI Recommends Sharp Cuts in Spectrum Base Price
The Telecom Regulatory Authority of India (TRAI) has recommended slashing by up to 60 percent the base price of airwaves […]
Indian government to auction 3G by Dec
India expects to collect INR 350 billion from the coming auction of third-generation (3G) radio spectrum by December.
e-Auction of Tea Failed to Take-off in Kolkata
Kolkata’s project on e-auction of tea has failed to take-off due technical glitches, lack of space and difficulty in allowing proxy bidders. The e-auction of tea in Kolkata which was to start from January 27, 2009, was carried out but only manually on January 27 and 28, 2009.
Online Auction for Disposable LGUs Assets Proposed in Philippines
A group of local government is working on an online service that would auction the unused and disposable assets of local government units (LGUs) in Philippines. e-Dispose is a web based service through which local government units can enroll for a fee.
Coal India to Launch e-Auction for Future Soon
Coal India will launch e-Auction for forwards contracts coal from March 28, 2008 to offer mostly high-grade coal from underground mines.
e Auction platform for tea in India
e-Auction platform will enable bidding process for all kinds of tea across the six auction centres in the country, from one
e-Auction success brings a huge profit to CIL
The credibility for high profit of Coal India Limited (CIL) last year can largely be attributed to the success of e-Auction.
New online T-bill auction in the offing
After successfully introducing the electronic order-matching system for trading of gilts and Treasury bills, the Reserve Bank of India (RBI) is now considering launching a new electronic platform for the auction of T-bills, along the lines of the NDS-OM.
