News

Vigilance wing pulls up Kochi Metro Rail Limited over lapses in auctioning commercial spaces

Source: The Hindu ·

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 treatment among existing vendors

Read the full story at The Hindu →

More in News