In the Media

Government announces pre bid conference first round fm phase-iii 69 cities

Government announces pre bid conference first round fm phase-iii 69 cities

The Government would be holding a Pre-bid Conference on March 10 at the Conference Hall of the Directorate of Advertising and Visual Publicity in Soochna Bhavan, Delhi for auctioning of FM Radio Licenses. M/s C1 India has been chosen as the Auctioneer in assisting the Government in administering the auction. The full details of all the formalities that need to be completed have been uploaded on the website of the I & B Ministry.

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DOT shortlists new firms for spectrum auction

DOT shortlists new firms for spectrum auction

The Department of Telecom on November 20 shortlisted C1 India, a Gurgaon based technology firm, as one of the three firms that would be conducting the spectrum auction in February next year. Auctioning of 839 FM Radio Channels would be taking place. The auctioneer would be selected for a period of 3 years with the possibility to extend the contract by a year.

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AP irrigation tenders make C1 India the leader in e-Procurement

AP irrigation tenders make C1 India the leader in e-Procurement

C1 India, a Delhi-based e-procurement company, has garnered wide-spread acclaim for its irrigation tender project with the Government of Andhra Pradesh. The project is likely to double the company’s turner over this fiscal and establish it as the Leader of e-Procurement in the country. C1 India is now looking to foray into American and European markets in 2005-06.

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SBI to provide info of distressed assets under auction

SBI to provide info of distressed assets under auction

SBI, in association with C1 India, was successful in selling distressed residential properties in its two mega e-auctions this year. However, auctioning of commercial properties received a muted response. The bank would henceforth be providing more details about the distressed commercial properties for auctioning to set aside any doubt that may linger in the buyers’ mind such as …

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SBI sells 110 properties for Rs 145 crore in its second e-auction

SBI sells 110 properties for Rs 145 crore in its second e-auction

New Delhi: State Bank of India (SBI) sold about 23% of the 479 properties on offer in its second mega electronic auction held on 12 June.“SBI was able to sell 110 properties valuing Rs.145 crore. Out of the 110 properties sold, 75 were residential and the remaining commercial,” said an SBI official, who did not want to be named.

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Government to auction 839 FM licences, its largest to date

Government to auction 839 FM licences, its largest to date

C1 India would be partnering the Government in the auctioning of its 839 FM Radio Licenses, which is its largest till date. With the total reserve price set at Rs. 1,531 crore the auction is likely to bring Rs 2,500 crore as revenue for the Government. The bidding process has been finalised by the I & B Ministry and the radio licenses are set to go under the hammer very soon.

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