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auction process

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None show up at auction for sale of Gurugram gangster’s assets

No one came to buy wanted gangster Sube Singh’s property, which was put on auction on Tuesday by the district administration. This despite assurance that cops would ensure the safety of anyone who buys these properties, which were attached by Gurugram police in January.
The two pieces of land — 1.3 acres in Bar Gujjar village near Manesar and 0.8 acres in Manesar industrial area — are registered in Singh’s name and their estimated market value is Rs 6 crore, police said.(Picture for representation)
The two pieces of land — 1.3 acres in Bar Gujjar village near Manesar and 0.8 acres in Manesar industrial area — are registered in Singh’s name and their estimated market value is Rs 6 crore, police said.(Picture for representation)
Published on Feb 27, 2019 04:25 AM IST
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Hindustan Times, Gurugram | By Leena Dhankhar

TRAI not in favour of auctioning TV channels

Telecom Regulatory Authority of India has said the existing administrative system for grant of permissions for uplinking and downlinking of TV channels should be continued.
Broadcasters had opposed the proposal put forth by the ministry of information and broadcasting in August 2017, suggesting auctioning of TV channel as is done in the case of FM Radio.(File photo)
Broadcasters had opposed the proposal put forth by the ministry of information and broadcasting in August 2017, suggesting auctioning of TV channel as is done in the case of FM Radio.(File photo)
Updated on Jun 25, 2018 10:46 PM IST
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New Delhi, Hindustan Times | By Smriti Kak Ramachandran and Vidhi Choudhary

Taj Mansingh to finally go under hammer on July 18

The much-delayed auction of Taj Mansingh, which was to be held this month, was cancelled since only Tata Group’s Indian Hotels Company Limited (IHCL) — the existing operator — bid for retaining the property. The bid of the only other participant, ITC, was not accepted on technical grounds.
Taj Mansingh was given to the Tata group in 1978 on a lease for 33 years, which ended in 2011. The company was since given nine temporary extensions. However, the civic body could not auction the property then as it was tied up in a legal battle with IHCL.(HT/File Photo)
Taj Mansingh was given to the Tata group in 1978 on a lease for 33 years, which ended in 2011. The company was since given nine temporary extensions. However, the civic body could not auction the property then as it was tied up in a legal battle with IHCL.(HT/File Photo)
Updated on Jun 24, 2018 02:30 PM IST
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Press Trust of India, New Delhi | By Press Trust of India
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Monday, October 18, 2021