The ultimate objective is that corporate governance systems must become simpler; not more complicated, Parekh said
Privatisation of state-owned firm held up after money laundering case against top bidder
The BCCI is planning to have an e-bidding for the two new IPL teams on October 17 and the bids to buy the sides can be made till October 5.
Parcels worth more than Rs 600 crore may be sold via new platform
A consortium of Electric bus manufacturer Olectra Greentech and its sister concern Evey Trans Pvt Ltd has emerged as the least quoted bidder for the supply of 100 electric buses. "...Consortium of Evey Trans Pvt Ltd (EVEY) and Olectra Greentech Ltd has been declared as least quoted (L-1) bidder for another 100 electric buses (for Inter-City Operations) by one of the State Transport Corporation under the FAME-I1 scheme of Government of India," Olectra Greentech said in a regulatory filing on Monday. Olectra Greentech said once the letter of award is received for 100 electric buses, Evey will procure these electric buses from Olectra Greentech Ltd and deliver them over a period of 10 months. "Value of this tender is approximately Rs 250 crore to the company," Olectra Greentech said. Shares of Olectra Greentech were trading 4.97 per cent higher at Rs 187.85 apiece on BSE.
Move will help in bringing at least 40 mmscmd of natural gas from Krishna Godawari basin alone
The Reserve Bank of India (RBI) in its various measures to encourage retail participation has extended access to primary auctions to SDLs.
Currently, disinvestment of state-owned entities happens through a manual process in which an interested bidder submits a sealed bid
Global firms are likely to participate in bidding for 67 blocks with 85 million tonne reserves worth Rs 77,000 crore