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

The Hindu ·First reported
The HinduVigilance wing pulls up Kochi Metro Rail Limited over lapses in auctioning commercial spaces
Image: The Hindu

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…

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