Natural Resources Auction

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  Coal Auction: Government Garners Rs 2,529 Cr on Day 1

  The first day of third tranche of coal mine auctions on Tuesday saw the government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.

• Vedanta chief Anil Agarwal for auction of natural resources

  Vedanta Resources chairman Anil Agarwal on Friday said India should auction its natural resources, like it has done for telecom spectrum, to strengthen and rejuvenate the economy.

• Auctions not a must: Political boost for 'reformist' Govt?

  The Supreme Court today clarified that it does not believe that all national resources must be auctioned -the opinion, delivered by five judges, provides relief for the government, partly because it accepts that the government has the right to decide policy, and also because it emphasised that "maximisation of revenue...can't be the sole criteria...

• Supreme Court decision on auction of natural resources: Who said what

  The Supreme Court today clarified that it does not believe that all national resources must be auctioned -the opinion, delivered by five judges, provides relief for the government, partly because it accepts that the government has the right to decide policy, and also because it emphasised that "revenue maximisation cannot be the only way to serve ...

• Highlights: Supreme Court's opinion on auction of natural resources

  The Supreme Court today clarified that it does not believe that all national resources must be auctioned. The opinion, delivered by five judges, provides relief for the government; partly because it accepts that the government has the right to decide policy.

• Auctioning resources not necessary, says Supreme Court, but public good is

  The Supreme Court today clarified that it does not believe that all national resources must be auctioned -the opinion, delivered by five judges, provides relief for the government, partly because it accepts that the government has the right to decide policy, and also because it emphasised that "revenue maximisation cannot be the only way to serve ...

• Relief for govt, Supreme Court accepts auction not a must for all resources

  The Supreme Court today clarified to the government that its February judgement on following a competitive bidding process for allocating national resources applied only to 2G spectrum in the current context and not necessarily to all natural resources. It had earlier observed that all natural resources must be auctioned by the government, which ha...

• Sensex, Nifty off days after court rules auction not a must for all resources

  The BSE Sensex traded off the day's low after the Supreme Court clarified to the government that its February judgment on following a competitive bidding process for allocating national resources applied only to 2G spectrum in the current context and not necessarily to all natural resources.

• Should all natural resources be auctioned? Supreme Court's answer today

  In February this year, the court cancelled 122 telecom licenses issued by former minister A Raja in 2008 on the basis of a first-come-first-serve policy which he allegedly manipulated.

• Should all natural resources be auctioned? Supreme Court's answer today

  The Supreme Court will pronounce its opinion today on whether all natural resources must be auctioned by the government, a decision the court made earlier this year in the context of the expansive telecom scam.

• Centre disowns its reply in Rajya Sabha on auctioning of natural resources

  In the Supreme Court today, the Centre has made the startling revelation that it made an incorrect statement in Parliament that it had accepted in principle that most natural resources should be auctioned. The government says it correct its stand in the Rajya Sabha.

• SC reserves order on Prez reference over allocation of natural resources

  The Supreme Court has reserved its opinion on the Reference sent to it by the President on whether it was mandatory to allocate scarce natural resources in all sectors through the auction route.

• Maruti to reopen Manesar plant on August 21: top 10 developments

  The Supreme Court has reserved its opinion on the Reference sent to it by the President on whether it was mandatory to allocate scarce natural resources in all sectors through the auction route.

• Watch Live: Opening Fire

  Surjit Bhalla of O[x]us investments and Dorab Sopariwala discuss auction of natural resources and new FM.

• The 2G verdict impact; Supreme Court to hear Centre's Presidential Reference today

  A five judge constitution bench of the Supreme Court will today begin hearing the Centre's Presidential Reference that is seeking to know if its judgement in the 2G case, makes it mandatory for the Central government to 'auction' all natural resources. A Presidential Reference is a constitutional provision by which the government can seek the opi...