Page 7 - Auction

WPL 2023 auction today: All you need to know about first such bidding ever

WPL Auction: A total of 409 cricketers, 246 from India and 163 from overseas, will go under the hammer at the Jio World Convention Centre in Mumbai at 2:30 PM

1,525 enter fray for 90 slots in WPL auctions, BCCI cuts number to 409

Final list has 202 capped and 199 uncapped players, and eight from associate nations

BCCI ropes in female auctioneer for Women's Premier League Player Auction

The report added that the BCCI has also informed the five teams that they have to bring in a minimum of 15 players in the squad while the minimum squad spend should be Rs 9 crore

Sebi to auction assets of Infinity Realcon, Sunheaven Agro on Mar 13

Capital markets regulator Sebi on Thursday said it will auction 9 properties belonging to four companies -- Infinity Realcon, Bharat Krishi Samriddhi Industries, Ravi Kiran Realty India and Sunheaven Agro India -- on March 13 to recover investors' money. These companies had raised funds from investors without complying with regulatory norms. The nine properties to be auctioned include land parcels and a multi-storied building, situated across West Bengal. The total reserve price of these properties is pegged at Rs 3 crore, the Securities and Exchange Board of India (Sebi) said in a notice. Inviting bids, Sebi said auction of the properties will be conducted through online mode on March 13 during 10.30 am to 12.30 pm. Of the 9 properties to go under the hammer, 4 belongs to Bharat Krishi Samriddhi Industries, 3 relate to Infinity Realcon and one each of Sunheaven Agro India and Ravi Kiran Reality India. The regulator said the bidders should make their own independent enquiries ...

Reliance Capital lenders approach NCLAT over 2nd round of auction

Reliance Capital lenders have approached the National Company Law Appellate Tribunal (NCLAT) to seek a second round of financial bids for the debt-ridden firm, presently going through the insolvency resolution process. Vistra ITCL (India) Ltd, one of the members of the Committee of Creditors of Reliance Capital has filed an appeal before the appellate tribunal. The petition has been listed before the bench headed by Chairman Justice Ashok Bhushan for hearing on Tuesday. Earlier on February 2, the Mumbai bench of the National Company Law Tribunal (NCLT) had ruled against holding a fresh round of auction for the takeover of Anil Ambani-promoted Reliance Capital and said the challenge mechanism for financial bids has already concluded. It upheld the plea by Torrent Investments' plea challenging bankers' decision to go for the second round of auctions in pursuit of higher value for the bankrupt company. NCLT in its order said the bench allows Torrent Investment's application and decla

NCLT's final order on bankrupt Reliance Capital bid by next week

The matter is reserved for judgment and the NCLT Bench mentioned that the order will be issued next week

Espresso machines, neon logo, Macs on sale as Twitter auctions office items

The bidding will be on till 11:30 PM IST, January 18, and the prices are expected to increase till night

Apple set to enter bidding war for English Premier League streaming rights

Tech giant Apple is preparing a bid for the rights to stream the English Premier League in the UK, the media reported

No change in NPV for Reliance Capital, 'number sacrosanct': Torrent

Company goes to NCLT after Hinduja group makes post-auction offer for bankrupt financial services firm

Bihar govt initiates auction process for iron ore mines worth Rs 20,000 cr

The Bihar government has initiated a process for auctioning of glauconite and iron ore reserves worth Rs 20,000 crore in Rohtas and Jamui districts and will engage SBI Capital Markets to prepare a report for the same, an official said on Saturday. The government held a meeting with several stakeholders recently to initiate the auction process, Additional Chief Secretary-cum-Mines Commissioner Harjot Kaur Bamhrah said. The state government will shortly issue an order for engaging SBI Capital Markets as the transaction advisor and also to suggest terms and conditions based on which the auctions would be conducted, Bamhrah told PTI. The state government has asked SBI CAPS, the investment bank and project advisor, to submit a detailed report, she said. Once the report is submitted, the state government will initiate the process of granting permission to allow mining of glauconite and iron ore reserves worth Rs 20,000 crore, in Rohtas and Jamui districts on a lease basis, the mines ...

MSTC to auction 132 coal blocks; suggests bidders to read all notifications

Auction of as many as 132 coal mines will be conducted this month under the sixth tranche in states including Odisha, Jharkhand, Chhattisgarh, West Bengal among others, according to MSTC CMD Surinder Kumar Gupta. MSTC, under the Ministry of Steel, conducts e-auction of various materials and minerals and mines. This will be the sixth tranche of auction under which a total of 141 blocks, including 132 coal and nine lignite mines will be put on the block, he told PTI. The CMD clarified that MSTC only conducts auctions as per the list of coal mines and relevant notifications provided by the Coal Ministry and suggested bidders to read all bid-related notifications. "MSTC is in no way involved in any policy making process... As provided by the Coal Ministry...a National Green Tribunal (NGT) order dated 27.2.2020... has been uploaded in the auction portal. All the bidders are suggested to check all the notifications uploaded in our portal including the NGT order," he said. There are 133

Lenders begin voting to hold second auction for Reliance Capital assets

The voting was held after the National Company Law Tribunal did not stay the second auction after a petition made by Torrent

Lenders may hold another round of auction for cash-strapped RCap

Lenders meet on Monday to vote on the proposal

NARCL emerges as the top bidder for SREI twins with an NPV of Rs 5,555 cr

Submits highest net present value bid of Rs 5,555 cr; process may complete by early FY24

NARCL emerges as the highest bidder for SREI with NPV of Rs 5,555 cr

In the final lap, there were just two bidders in the fray - NARCL, and Authum with an NPV of Rs 5,526 crore

Hinduja sweetens offer for RCap to counter Torrent group's winning bid

CoC decide whether Hinduja offer is legally valid or not as e-auction has ended

IPL Auction 2023: Slots to fill, purse remaining of each team before D-Day

Here's a look at how much money is remaining with which franchise in their purses and which players will they be looking out for in the February 23 Auction in Kochi.

CoC raises base price of Reliance Capital auction to Rs 6,500 crore

Auction to be held on two days, starting December 22

Ben Stokes, Cameron Green headline IPL's 405-strong mini-auction list

World's premier all-rounders Ben Stokes of England and Cameron Green of Australia are set to enjoy bidding frenzy as 405 players will go under the hammer for 87 slots at the IPL mini-auction on December 23 in Kochi. England's Test captain Stokes and the rising Aussie sensation Green are in the highest base price bracket of Rs 2 crore while former England Test captain Joe Root has also put his name up at Rs 1 crore. "Out of 405 players, 273 are Indians and 132 are overseas players of which 4 players are from associate nations. The total capped players are 119, uncapped players are 282 and 4 from associate nations. A maximum of 87 slots are now available with up to 30 being slotted for overseas players," BCCI secretary Jay Shah was quoted as saying in a media release. While Kolkata Knight Riders has the lowest purse available at Rs 7.2 crore, Sunrisers Hyderabad, with Rs 42.25 crore and 13 spots available, are expected to go on a buying spree after a poor last season. Another ...

All ministries, departments to scrap 15-year-old vehicles: FinMin

The finance ministry has directed all ministries and departments to scrap all 15-year-old vehicles that have become unserviceable. The Department of Expenditure, under the finance ministry, in an office memorandum said the existing provisions of condemnation of vehicles have been reconsidered in consultation with Niti Aayog and the road transport ministry considering the broad objectives of the government to reduce pollution and improve passenger safety and fuel efficiency. "It has been decided that henceforth all the condemned vehicles (including prematurely condemned vehicles) belonging to ministries/departments of government of India, shall only be scrapped," it said in an office memorandum. Scrapping of such vehicles shall only be at registered vehicle scrapping facilities, it said, adding that vehicles which have been condemned or reached 15 years of age, will not be auctioned. The detailed procedure for scrapping of all such vehicles shall be separately notified by the road .