Bidding News

Industry

SBI mega property e-auction tomorrow: How to register as a bidder

In the latest Q2 results, SBI's fresh slippages halved to ₹8,800 crore from ₹16,000 crore on a quarterly basisAll these accounts are to be auctioned under 'Swiss Challenge Method', based on an existing offer in hand

3 min read4 Nov 2019
Companies

Jet Airways receives expressions of interest from three potential investors

Two financial investors and a global company submit EoIs for Jet AirwaysEtihad Airways yet to put in an EoI for the airline

1 min read10 Aug 2019
Companies

Lenders approve JSW Steel's bid for Asian Colour Coated Ispat

SBI, PNB and JM Financial are some of the lenders to Asian Colour Coated IspatAsian Colour Coated Ispat has outstanding debt of over ₹5,000 crore

1 min read30 Jun 2019
News

Lunch with Warren Buffett: Bidding starts for this year's opportunity

Bidding on EBay Inc.’s website opened on Sunday evening in the US at $25,000The tech boom has generated billions of dollars in personal fortunes in San Francisco and adjoining Silicon Valley

2 min read27 May 2019
Companies

Jet's lenders to get bids verified, open to joint bid

According to informed sources, lenders have a limited options to recover their outstanding dues of ₹8,400 croreThe company might also try to stitch a deal involving two bidding parties

1 min read16 May 2019
Industry

Power Grid bags first intra-state project under tariff-based competitive bidding

The project would be done on Build, Own, Operate and Maintain (BOOM) basis

1 min read5 Dec 2018
Money

You can buy foreclosed property online

Both commercial and residential properties, financed by a loan, can be seized and auctioned by banks and other lenders if the borrower fails to pay three consecutive EMIs.

2 min read6 Nov 2018
Companies

Tata Steel charges Bhushan Power lenders with violation of NCLAT order

Tata Steel claims lenders to Bhushan Power and Steel Ltd (BPSL) allowed JSW Steel to change basic parameters of its bid three times after 13 August

2 min read2 Nov 2018
Companies

SC seeks Vedanta response on plea against Electrosteel bid

Renaissance Steel has challenged Vedanta's eligibility to bid for Electrosteel Steels as one of its affiliates in Zambia, Konkola Copper Mines, was found guilty of violating environmental laws in that country

1 min read30 Oct 2018
Companies

Tata Steel objects to JSW Steel’s ‘final’ bid for Bhushan Power

Lenders allowed JSW Steel to change the basic parameters of its bid for Bhushan Power and Steel after having previously declared Tata Steel as the highest bidder, says Tata Steel in NCLAT

2 min read23 Oct 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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