Page 10 - Auction

Pre-war cars sell for roaring numbers at 2021's first major auction

Together the two auction houses that sold during the annual car show off the coast of Florida amassed sales of $61.3 million

Handwritten example of famous Albert Einstein equation gets $1.2M

A letter written by Albert Einstein in which he writes out his famous E = mc2 equation has sold at auction for more than $1.2 million, about three times more than it was expected to get

Rail Land Development Authority puts seven land parcels on auction

Among the properties currently on offer is the Boulevard Road land parcel in a posh Delhi locality that has a reserve price of Rs 393 crore

Wasted spectrum

Telecom auction fails price discovery test

Teams will make sure it's a transparent auction: U Mumba's Ronnie Screwvala

The tender document has been divided into four divisions. You can bid for one of the parts or the total package

Shriram Automall to foray into Rs 50,000 cr forward auction industry

After going through extensive tests for nearly three years, SAMIL has become the first private company in India to have its auction portal certified by the prestigious STQC directorate

Sebi to auction properties of Sunheaven Agro on January 18

Markets regulator Sebi will auction properties of Sunheaven Agro India Ltd on January 18 at a reserve price of Rs 9.4 crore

Using spectrum for the common good

Service delivery is lost in pursuing auctions

Banksy artwork 'Show Me the Monet' sells for almost $10 million at auction

In the 2005 work, Banksy added abandoned shopping carts and an orange traffic cone to Claude Monet's image of water lilies in his garden at Giverny

Best of BS Opinion: Open-ended tariff protection, low interest rates & more

Here's a selection of Business Standard opinion pieces for the day

Auction of public resources and profit

Any sale must be designed to serve the common good, not to maximise revenues

Auctions at Asia's largest onion market halted after income tax raids

Trading will not be conducted on Friday as well because it is ''Amavasya'' or no moon day, which is considered inauspicious

Telecom spectrum auction: How this year's Nobel-winning idea failed India

The bridge that Milgrom and Wilson built was the 1994 auction of telecommunications spectrum by the Federal Communications Commission

Economics Nobel shows that economists are starting to think like engineers

Most economic theories are basically mathematical parables. Although they're written in equations, the variables in those equations only loosely correspond to real-world things that we can measure

Award for auctions

This year's Nobel is for actual economic policy design

Rare art collection by Indian masters worth millions to go under the hammer

The Hansen collection, being auctioned by Sotheby's, includes Gaitonde, Ram Kumar and Krishen Khanna

Spectacles believed to be worn by Gandhi sell for record 260K pounds in UK

A pair of gold-plated spectacles believed to have been worn by Mahatma Gandhi have broken all records for a UK auction house after a US-based collector acquired them with a bid of 260,000 pounds

E-auction for commercial coal mines likely in October, results in November

The due date for submitting a technical bid is September 29 and e-auction would be conducted during October-November

Mahatma Gandhi's anti-untouchability campaign letter to be auctioned

The one-page handwritten letter is signed "M. K. Gandhi," and dated October 9, 1932

Original Olympic Games manifesto sells for record $8.8 mn at auction

The 14-page manuscript was written in 1892 by Pierre de Coubertin, a French aristocrat and athletics enthusiast known as the "father" of the modern Olympics