Bidding Process

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Bidding Process - Total results - 5
72 luxury cars bought by debt-laden IL&FS to go under the hammer soon; asset sale continues amid rising defaults
Business

72 luxury cars bought by debt-laden IL&FS to go under the hammer soon; asset sale continues amid rising defaults

The Uday Kotak-led board appointed by the government at IL&FS Group will auction the fleet of the luxury cars for which the company will issue advertisements initiating the bidding process.

Pawan Hans sale: Bidders to get draft share purchase pact soon; SBI Capital to be asked to go ahead with RFP
Business

Pawan Hans sale: Bidders to get draft share purchase pact soon; SBI Capital to be asked to go ahead with RFP

The decision was taken by the alternative mechanism on strategic disinvestment headed by Finance Minister Arun Jaitley and comprising Civil Aviation Minister Suresh Prabhu.

Insolvency and Bankruptcy Code: There are glaring problems and it isn't only about low valuations
Business

Insolvency and Bankruptcy Code: There are glaring problems and it isn't only about low valuations

Valuers have a greater role to play in asset valuation rather than in share valuation.

Coal auction: Metal, cement cos bid aggressively for blocks amid supply concerns
Business

Coal auction: Metal, cement cos bid aggressively for blocks amid supply concerns

Metal and cement companies have bid aggressively for coal blocks in the first auctions to sell mines as they look to cut imports and their dependence on inefficient government monopoly Coal India Ltd.

New bidding norms for power projects may not need EGoM nod
Economy

New bidding norms for power projects may not need EGoM nod

The new bidding norms being formulated for power projects may not require approval from the Empowered Group of Ministers, easing regulatory hurdles for developers.