Topic
e-auction
Commodities Tea Board defers rollout of new web-based tea auction platform after stakeholder concerns
The Tea Board has deferred the rollout of its new web-based tea auction platform, originally set for June 30 in Kolkata and July 2 in Coonoor, to mid-July after representations from stakeholders across all auction centres. The Tradeforge platform will replace the existing NSEIT system, aiming for improved transparency and efficiency, with a transition period allowing both systems to operate simultaneously.
Business DDA’s mega e-auction raises Rs 1,321 crore from 142 land and property assets
The Delhi Development Authority (DDA) has raised Rs 1,321.21 crore from the e-auction of 142 land and property assets across Delhi, nearly three times the cumulative reserve price of Rs 480.38 crore. The auction included residential, commercial, industrial and institutional plots, reflecting strong investor interest and the DDA's transparent digital platform.