News for 'International Competitive Bidding'

Vote! Should India bid for the Olympics?

Vote! Should India bid for the Olympics?

Rediff.com17 Apr 2015

Earlier this week nine-time Olympic champion swimmer Mark Spitz said India needs to bid for the Summer Games to inspire its people to take up sport and become a sporting nation.

Australia 2028 Games bid would have 'great chance': Bach

Australia 2028 Games bid would have 'great chance': Bach

Rediff.com29 Apr 2015

A bid from Australia to host the Summer Olympics for the third time would have a "great chance" of winning what he hoped would be a hotly-contested bidding process, Olympic chief Thomas Bach said on Wednesday.

Shine & glitz to welcome all as China opens Asian Games in post-Covid era

Shine & glitz to welcome all as China opens Asian Games in post-Covid era

Rediff.com21 Sep 2023

After a year's delay due to COVID-19, the 19th Asian Games officially opens in Hangzhou on Saturday with hosts China eager to lift a country mired in economic gloom.

Reliance Infra cancels Mumbai Metro 2 agreement

Reliance Infra cancels Mumbai Metro 2 agreement

Rediff.com13 Nov 2014

Reliance Infrastructure on Thursday announced the cancellation of Rs 12,000 crore (Rs 120 billion) Mumbai's Metro Line 2 project citing non-fulfillment of certain obligations by Maharashtra government.

ALL You Need To Know About Euro 2024

ALL You Need To Know About Euro 2024

Rediff.com15 Jun 2024

Germany expects 2.7 million people to attend matches in stadiums across the country and some 12 million in its fan zones for outdoor viewing, including on a long stretch of turf laid out in front of Berlin's Brandenburg Gate.

PIX: Real Madrid edge Man City in penalties; Bayern down Arsenal

PIX: Real Madrid edge Man City in penalties; Bayern down Arsenal

Rediff.com18 Apr 2024

Real Madrid beat holders Manchester City in an edge-of-your-seat 4-3 shootout victory to reach the semi-finals of the Champions League.

Cricket's 2023 Rewind: Olympics to IPL's billion-dollar deals

Cricket's 2023 Rewind: Olympics to IPL's billion-dollar deals

Rediff.com28 Dec 2023

Franchise is the future but Australia rule the here and now

Lenders hopeful of successful bids for grounded Jet Airways

Lenders hopeful of successful bids for grounded Jet Airways

Rediff.com18 Apr 2019

A consortium of 26 lenders led by the SBI, with 51 per cent stake in the debt-trapped airline, has invited bids from potential suitors.

Prannoy 'taking it 2-3 weeks at a time, not looking beyond'

Prannoy 'taking it 2-3 weeks at a time, not looking beyond'

Rediff.com15 Jan 2024

'Until April 2024, we have the qualification period so until that we might push for more tournaments but the plan is to pick and choose after you qualify and then gradually peaking before the Olympics.'

Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid

Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid

Rediff.com12 May 2022

India's largest cement firm, Ultratech Cement, has joined the race to acquire the Holcim stake in Ambuja Cements and its subsidiary, ACC. UltraTech - part of the Aditya Birla Group - submitted a non-binding bid on Wednesday. Swiss multinational Holcim, which manufactures building material, is exiting India by selling its 63.19% stake in Ambuja Cements. According to banking sources, UltraTech has submitted a plan to Holcim, outlining divestiture details that would meet the norms set by anti-trust body Competition Commission of India.

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.

SC rejects Kerala's plea against leasing Thiruvananthapuram airport to Adani

SC rejects Kerala's plea against leasing Thiruvananthapuram airport to Adani

Rediff.com17 Oct 2022

The Supreme Court on Monday dismissed a petition filed by the Kerala government against the state high court verdict rejecting the pleas challenging the Centre's decision to lease out Thiruvananthapuram International Airport to Adani Enterprises Ltd.

Street positive on long-term capex plans of Power Grid Corp

Street positive on long-term capex plans of Power Grid Corp

Rediff.com10 Aug 2023

Despite enduring a weak first quarter of the 2023-24 financial year (Q1FY24), Power Grid Corporation (PGCIL) has laid out an ambitious capex plan going forward. It is looking to invest around Rs 1.8 trillion on an existing asset base of Rs 2.7 trillion to aim at keeping over 50 per cent market share in the transmission market. This includes opportunities from the Rs 2.4 trillion green energy corridor.

Rail Tariff Authority gets nod

Rail Tariff Authority gets nod

Rediff.com21 Jan 2014

In August 2013, the Cabinet had given an in-principle nod to set up the authority and sent a draft note to the railways, to be discussed with the law ministry.

Big money, big names: Major League Cricket looks to crack US market

Big money, big names: Major League Cricket looks to crack US market

Rediff.com20 Jul 2023

Five years after USA Cricket shared its plans to launch a domestic T20 tournament, the inaugural edition of the MLC kicked off having assembled an impressive array of investors.

Football friendlies: Suarez scores on international return; Donovan bids farewell

Football friendlies: Suarez scores on international return; Donovan bids farewell

Rediff.com11 Oct 2014

Luis Suarez returned for Uruguay for the first time since his infamous World Cup biting incident and scored in a 1-1 friendly draw against Saudi Arabia.

It's official! Cricket will be played at the 2028 LA Olympic Games!

It's official! Cricket will be played at the 2028 LA Olympic Games!

Rediff.com16 Oct 2023

'Baseball/softball, cricket (T20), flag football, lacrosse (sixes) and squash will be in the programme at LA28.'

Taiwan remains a flashpoint as Biden, Xi agree to mend ties

Taiwan remains a flashpoint as Biden, Xi agree to mend ties

Rediff.com16 Nov 2023

The United States-China Summit meeting concluded at a sprawling mansion in Woodside, California with Presidents Joe Biden and Xi Jinping agreeing to work towards ensuring that the differences between the two countries remain manageable and the relations do not derail.

DLF's 350-acre Haryana land allotment axed

DLF's 350-acre Haryana land allotment axed

Rediff.com4 Sep 2014

No effect on ongoing projects, says company.

Naman Ojha bids tearful adieu to all forms of cricket

Naman Ojha bids tearful adieu to all forms of cricket

Rediff.com15 Feb 2021

Although Ojha's international career never took off, the Ujjain-born player has played 146 first-class games notching up 9,753 runs

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

Kerala moves SC against decision to lease airport to Adani

Kerala moves SC against decision to lease airport to Adani

Rediff.com24 Nov 2020

Seeking an interim stay of the high court's verdict, the plea filed through lawyer C K Sasi said that it has challenged the 'arbitrary and illegal action' of the Airports Authority of India in attempting to prefer a particular private concessionaire, Adani Enterprises Ltd, for the operation, management and development of Thiruvananthapuram International Airport.

ICC events: Pakistan to host 2025 Champions Trophy, India to host 2026 World T20

ICC events: Pakistan to host 2025 Champions Trophy, India to host 2026 World T20

Rediff.com16 Nov 2021

Major cricket event will return to Pakistan after more than two decades with the country set to host the 2025 Champions Trophy, an ICC flagship tournament.

SEE: Asian Games opens with futuristic ceremony

SEE: Asian Games opens with futuristic ceremony

Rediff.com23 Sep 2023

In keeping with the main theme of 'Tides Surging in Asia', the ceremony was about the intermingling of China, Asia and the world in the new era

How Jio plans to auction spectrum required by NGSO

How Jio plans to auction spectrum required by NGSO

Rediff.com14 Jun 2023

Reliance Jio has suggested an alternative plan to the The Telecom Regulatory Authority of India (Trai) under which spectrum required by non-geostationary orbit satellite (NGSO) operators to run their gateway terminals should be auctioned geographically, based on districts, rather than circles as done for mobile services. For spectrum which would be required to connect user terminals (like individual homes), Jio has suggested it should be auctioned frequency-wise and exclusively to an operator at a pan-India level. The move is significant as the auctioning of satellite space spectrum has been vehemently opposed by low earth orbit satellite operators (satellites which circle at low altitudes of 200-2000 km).

'Hate gets called out': Congress on Kashmir Files row

'Hate gets called out': Congress on Kashmir Files row

Rediff.com29 Nov 2022

'In a bid to polarise the people of India, the BJP govt went all out in promoting the movie, resulting in a huge embarrassment for India on the international scale'

Domestic firms to supply AIDS drug

Domestic firms to supply AIDS drug

Rediff.com5 May 2008

Domestic drug makers Cipla, Aurobindo and Matrix Laboratories have emerged as the second-line and paediatric AIDS medicine supply partners to international drug purchase facility UNITAID and Clinton Foundation HIV / AIDS Initiative in 2008. UNITAID and CHAI support HIV / AIDS treatment programmes in over 100 countries worldwide.

World Cup Hero Martinez Delights Kolkata

World Cup Hero Martinez Delights Kolkata

Rediff.com4 Jul 2023

Emiliano Martinez said he had always wanted to come to India.

Why BPCL divestment is on the slow track

Why BPCL divestment is on the slow track

Rediff.com12 Apr 2022

In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.

Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill

Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill

Rediff.com7 Nov 2015

Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill.

India likely to discuss crude oil discounts with Iraq and UAE soon

India likely to discuss crude oil discounts with Iraq and UAE soon

Rediff.com27 Aug 2023

India will soon meet Iraq and the United Arab Emirates (UAE) to seek a definitive rate of discount on crude oil similar to what Russia has provided so far, sources said. Multiple officials and industry executives said Iraq, which is India's biggest oil supplier, wants to discuss the level of discounts expected by Indian refiners. India's focus on snapping up ever-increasing volumes of Russian crude oil has led to a corresponding decline in imports from the Middle East. Flows from Iraq, Saudi Arabia, and the UAE have suffered as a result.

Duty-free shops: ITDC in talks with retailers

Duty-free shops: ITDC in talks with retailers

Rediff.com17 Jul 2009

The government-owned hospitality chain, which lost almost all of its duty-free shops (barring two) to others as a result of the competitive bidding in the last couple of years, intends to regain its market share - at least marginally- in the next one year.

CAG hauls up ONGC for hiring a 2nd rig from Reliance

CAG hauls up ONGC for hiring a 2nd rig from Reliance

Rediff.com8 Aug 2013

CAG, in a report tabled in Parliament today, said Oil and Natural Gas Corporation hired rig 'Actinia' from RIL for six months in 2009 for Rs 146.71 crore (Rs 1.46 billion) saying it needed urgently drill three wells but its actual usage indicated the hiring was 'not necessary'.

FIFA bans bid inspector Mayne-Nicholls for seven years

FIFA bans bid inspector Mayne-Nicholls for seven years

Rediff.com7 Jul 2015

Harold Mayne-Nicholls, who led the teams which inspected bids to host the 2018 and 2022 World Cups, has been banned from all football for seven years.

Champions League: We need the fans, says Barca coach Xavi

Champions League: We need the fans, says Barca coach Xavi

Rediff.com27 Nov 2023

PSG's Champions League tie with Newcastle is like a final, says Luis Enrique

India wants to host Chess Olympiad moved out of Moscow

India wants to host Chess Olympiad moved out of Moscow

Rediff.com26 Feb 2022

The All India Chess Federation (AICF) on Saturday said it will be bidding to host the 44th Chess Olympiad later this year after the prestigious event was moved out of Russia following its invasion of Ukraine.

Paris showcase compact, ready-made 2024 Summer Olympics bid

Paris showcase compact, ready-made 2024 Summer Olympics bid

Rediff.com17 Feb 2016

Paris bid leaders said almost all the city's proposed venues were already built or would be temporary facilities as the French capital on Wednesday unveiled plans to host the 2024 Summer Olympics.

Adani reveals plans for NDTV: Want global news brand, invite Prannoy Roy to stay on

Adani reveals plans for NDTV: Want global news brand, invite Prannoy Roy to stay on

Rediff.com26 Nov 2022

"Independence means if government has done something wrong, you say it's wrong. But at the same time, you should have courage when the government is doing the right thing every day. You have to also say that," he Gautam Adani was quoted as saying by FT.

PICS: Birmingham gives C'wealth Games a rousing send off

PICS: Birmingham gives C'wealth Games a rousing send off

Rediff.com9 Aug 2022

From UB40 to Punjabi MC to Apache Indian, the musicians gave the spectators an evening to remember as athletes walked out for the closing.

Kerala passes unanimous resolution against leasing of airport

Kerala passes unanimous resolution against leasing of airport

Rediff.com24 Aug 2020

Moving the resolution, Chief Minister Pinarayi Vijayan said the Centre should re-examine its decision and the operation and management of the airportbe handed over to the Special Purpose Vehicle in which the state government has stake.