Vigilance wing pulls up Kochi Metro Rail Limited over lapses in auctioning commercial spaces
Summary
Vigilance finds that auctions were conducted without advertisements and in a less transparent manner, with most cases attracting only a single bidder; it observes that changes in base rates and EMD conditions deterred prospective bidders and created a sense of differential treatment among existing vendors
Description from The Hindu.
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Vigilance wing pulls up Kochi Metro Rail Limited over lapses in auctioning commercial spaces
Vigilance finds that auctions were conducted without advertisements and in a less transparent manner, with most cases attracting only a single bidder; it observes that changes in base rates and EMD conditions deterred prospective bidders and created a sense of differential...
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