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Auction

Rare first edition 90s Harry Potter book auctioned for 36,000 Pounds

The first novel of J K Rowling's Harry Potter and the Philosopher's Stone was first published in 1997. This rare edition was sold for 36000 pounds at an auction

Rare first edition 90s Harry Potter book auctioned for 36,000 Pounds
Updated On : 28 Nov 2024 | 5:59 PM IST

Without drama or banana, art auctions in US struggle to generate revenue

One reason for the slump is a supply contraction: few wanted to sell prized paintings during an election season

Without drama or banana, art auctions in US struggle to generate revenue
Updated On : 25 Nov 2024 | 11:18 PM IST

SECI major solar power project hits roadblock as bidding goes awry

SECI detected the irregularities only after the bidding was done, forcing it to cancel the tender at an advanced stage

SECI major solar power project hits roadblock as bidding goes awry
Updated On : 04 Nov 2024 | 12:05 AM IST

IBBI, IBA to launch centralised platform for asset liquidation auctions

Initially, the platform will be deployed in pilot mode, with a full rollout planned at a later date after incorporating improvements based on usage feedback

IBBI, IBA to launch centralised platform for asset liquidation auctions
Updated On : 30 Oct 2024 | 5:39 PM IST

Sebi to auction 7 properties worth Rs 15.47 cr of Bishal Group on Dec 10

Capital markets regulator Sebi has said that it will auction seven properties belonging to Bishal Group of Companies on December 10 to recover money illegally collected by the entity from investors. The properties will be auctioned at a reserve price of a little over Rs 15.47 crore, according to a public notice issued by the Securities and Exchange Board of India. These properties are flats, land and buildings, land parcels, and plots located in West Bengal. Sebi has invited bids for the sale of properties in the recovery proceedings against Bishal Abasan India Ltd, Bishal Distillers Ltd, Bishal Agri-Bio Industries Ltd, Bishal Horticulture and Animal Projects Ltd and their promoters/directors (collectively referred to as Bishal Group). The regulator said the auction will be conducted on December 10 from 11 am to 1 pm. Adroit Technical Services has been appointed by the markets watchdog to assist it in the sale of properties. The regulator has asked the bidders to make their own .

Sebi to auction 7 properties worth Rs 15.47 cr of Bishal Group on Dec 10
Updated On : 26 Oct 2024 | 6:21 PM IST

Govt receives 44 bids in 10th round of commercial coal mine auction

The government on Friday said that 44 bids have been received for 67 coal blocks put for sale under the 10th round of commercial mines auction. A total of 44 bids were submitted in physical form. The coal ministry in June put on sale 67 coal mines for auction under the 10th round of commercial mines auction. "The substantial number of bids underscores the continued interest and participation from stakeholders in India's evolving coal sector," the coal ministry said in a statement. The auction process has drawn considerable participation from small and medium-sized players, indicating the inclusive nature of the auction process. This inclusivity highlights that the reforms in the coal sector have been well received across the industry, regardless of the size of the players. The online bids received during the auction process, along with the offline bids will be opened on Monday. The strong response to this round of auctions is a significant step towards making the country self-rel

Govt receives 44 bids in 10th round of commercial coal mine auction
Updated On : 18 Oct 2024 | 7:48 PM IST

Explained: How auction differs from administrative allocation of spectrum

The government has chosen to allocate satellite communication spectrum through administrative means, rejecting the auction route supported by Indian billionaires Mukesh Ambani and Sunil Bharti Mittal

Explained: How auction differs from administrative allocation of spectrum
Updated On : 16 Oct 2024 | 4:21 PM IST

Sebi to auction 15 properties on Nov 19 with Rs 11.89 cr reserved price

Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19. The move is part of Sebi's efforts to recover money collected by these companies from investors in violation of norms. Ravi Kiran Realty India and Purusattam Infotech Industries are the two other companies whose properties will be auctioned by the markets watchdog. Properties that will go under the hammer including flats, land with structure and land parcels are located in West Bengal and Odisha. The properties will be auctioned with a reserve price of Rs 11.89 crore and the auction will be conducted online on November 19 from 11 am to 1 pm, the Securities and Exchange Board of India (Sebi) said in a notice. Sebi has invited bids for the sale of properties in the recovery proceedings against Mangalam Agro Products, Sumangal Industries, Falkon Industries India, Ravi Kiran Realty India and Purusattam Infotech

Sebi to auction 15 properties on Nov 19 with Rs 11.89 cr reserved price
Updated On : 15 Oct 2024 | 9:54 PM IST

HIL 2024-25 auction dates, venue, time, live streaming and telecast details

For the first time ever, the HIL will feature both men's and women's leagues running side by side, in what is a big step for women's hockey in the country.

HIL 2024-25 auction dates, venue, time, live streaming and telecast details
Updated On : 11 Oct 2024 | 5:25 PM IST

UK auction house pulls Naga 'Human Skull' from online sale after outcry

A UK auction house has withdrawn a Naga Human Skull' from its lots for a live online sale on Wednesday following outcry in India over the issue. The Swan auction house at Tetsworth in Oxfordshire had a series of skulls and other remains originating from around the world as part of The Curious Collector Sale, Antiquarian Books, Manuscripts & Paintings. The 19th Century Horned Naga Human Skull, Naga Tribe' was slotted as Lot No. 64 and resulted in protests in Nagaland, led by Chief Minister Neiphiu Rio who sought the intervention of External Affairs Minister S Jaishankar to stop the hurtful sale. The news of the proposed auction of Naga human remains in the UK has been received by all sections in a negative manner as it is a highly emotional and sacred issue for our people. It has been a traditional custom of our people to give the highest respect and honour for the remains of the demised, said Rio in his letter. He urged the minister to take up the matter with the High Commission ..

UK auction house pulls Naga 'Human Skull' from online sale after outcry
Updated On : 09 Oct 2024 | 4:53 PM IST

Higher e-auction share key for Coal India stock; 15% target boosts outlook

Given predictable demand and steady growth, if e-auction at 15 per cent is achieved, the outlook is positive

Higher e-auction share key for Coal India stock; 15% target boosts outlook
Updated On : 04 Oct 2024 | 11:07 PM IST

E-auction of over 600 gifts, mementoes received by PM Modi commences

Union Minister Gajendra Singh Shekhawat said that the e-auction allows individuals to not only preserve history but also contribute to the greater good

E-auction of over 600 gifts, mementoes received by PM Modi commences
Updated On : 19 Sep 2024 | 12:24 PM IST

E-auction begins for giving out over 600 items gifted to PM Narendra Modi

Over 600 items, including a meticulously crafted model of the Ram temple in Ayodhya and a set of sporting memorabilia from the latest Paralympic Games, gifted to Prime Minister Narendra Modi have been put up for an e-auction that began on Tuesday. The beginning of the sixth edition of the online auction coincided with the birthday of Prime Minister Narendra Modi, who turned 74 on Tuesday. The first edition of the e-auctions was held in January 2019. According to the Culture Ministry, a section of the auction pays tribute to India's valiant warriors and freedom fighters, celebrating the glorious chapters of the nation's history. "PM Mementos is back! It's your chance to own a piece of memorabilia presented to Hon'ble PM Sh @narendramodi! Join the e-auction from September 17 to October 2 and place your bids on unique artworks, crafts, and sculptures," the ministry posted on X. It said that the last five editions of the e-auction have garnered more than Rs 50 crore. To participate in

E-auction begins for giving out over 600 items gifted to PM Narendra Modi
Updated On : 17 Sep 2024 | 11:52 PM IST

BlackRock to initiate auction for Amazon aggregator once valued at $1 bn

An advertisement published Friday in the Börsen-Zeitung newspaper stated that the auction for the L Catterton-backed firm has been scheduled for Sept. 17 at a Berlin hotel

BlackRock to initiate auction for Amazon aggregator once valued at $1 bn
Updated On : 28 Aug 2024 | 11:42 PM IST

Second sovereign green bond auction of FY25 receives a muted response

The first green bond auction of this financial year was cancelled on May 31 for similar reasons

Second sovereign green bond auction of FY25 receives a muted response
Updated On : 02 Aug 2024 | 8:52 PM IST

Selected gifts presented to President, ex-presidents to be auctioned

The Rashtrapati Bhavan through a web portal will auction selected gifts presented to the President and former presidents on different occasions, an official statement issued on Friday said. In the first phase, around 250 exquisite gifts will be auctioned, it said. "The aim of this initiative is not only to increase citizen engagement but also to support noble cause. All proceeds from the auction will be donated to help children in need," the statement issued by the President's office said. The bidding will be open from August 5 to August 26. After the conclusion of the bidding period, the items will be delivered to the highest bidders. "Rashtrapati Bhavan will auction selected gift items, presented to the President and former Presidents on various occasions, through an online portal called E-Upahaar," it said. The portal was launched by the President Droupadi Murmu on Thursday, on the completion of two years of her presidency. Interested persons can place their bids on ...

Selected gifts presented to President, ex-presidents to be auctioned
Updated On : 26 Jul 2024 | 10:21 PM IST

Coal India to ease e-auction rules, plans to tweak allocation methodology

Maharatna coal behemoth Coal India Limited (CIL) on Friday said it has taken steps to ease e-auction norms like lowering the earnest money and enhancing the quantity of the dry fuel on offer. The company is also planning to tweak its auction and allocation methodology, as it aims to encourage increased participation. "CIL has taken steps to ease the norms in e-auctions like lowering the earnest money deposit (EMD) and ramping up the quantities offered under the auction hammer," the PSU said in a statement. The coal behemoth has asked all its arms barring Northern Coalfields Ltd, to spike up their offer quantity under e-auction to 40 per cent of their respective total production for the second and third quarters of this financial year. At present, Coal India operates only a single window mode agnostic e-auction scheme, where consumers can opt their own preferred mode of transport of coal. "The company is also planning a revamp of its auction and allocation methodology under its ...

Coal India to ease e-auction rules, plans to tweak allocation methodology
Updated On : 12 Jul 2024 | 4:38 PM IST

Telcos eye four spectrum bands as auction enters round 4 on Day 1

Telecom operators showed interest in four spectrum bands -- 900 MHz, 1,800 MHz, 2,100 MHz, and 2,500 MHz -- as the auction entered the fourth round around 3pm on Tuesday, sources said. Spectrum auction for over 10,500 Mhz mobile services worth over Rs 96,238 crore started at 10 am, an official statement said. "There was activity in four spectrum rounds initially -- 900 MHz, 1,800 MHz, 2,100 MHz, and 2,500 MHz band. Spectrum auction entered the fourth round around 3pm," a source told PTI. It is the 10th spectrum auction since the process for sale of radiowaves started through an online bidding process in 2010. The last spectrum auction was held in August 2022, which, for the first time, included radio waves for 5G services. The Department of Telecommunications (DoT) has initiated the spectrum auction and notice inviting applications was issued on March 8. "The Ministry of Communications announced that the following spectrum bands will go up for bidding in the upcoming auction -- 8

Telcos eye four spectrum bands as auction enters round 4 on Day 1
Updated On : 25 Jun 2024 | 4:49 PM IST

Union Minister Reddy launches 10th round of commercial coal mine auction

The move will enhance domestic coal production and ensure energy security for the nation, according to an official statement from the Ministry of Coal

Union Minister Reddy launches 10th round of commercial coal mine auction
Updated On : 21 Jun 2024 | 4:50 PM IST

RBI to buy back government bonds worth Rs 40,000 crore on Thursday

Bond market participants said that the auction is expected to witness tepid demand as banks might refuse to sell bonds at a loss

RBI to buy back government bonds worth Rs 40,000 crore on Thursday
Updated On : 27 May 2024 | 11:18 PM IST