Orthodox leaf tea continues to witness good selling in Kochi auctions
February 05, 2021
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This is thanks to improved participation of importers from CIS countries, West Asia, and rising prices
Orthodox leaf teas continue to witness a good selling trend in Kochi auctions, with 97 per cent of the offered quantity of 1,72,610 kg getting sold.
Traders attribute the demand in Sale 5 to improved participation of importers, especially from CIS countries and West Asian destinations. The rising demand has been witnessed in the price realisation, which was up at ₹169 per kg compared to ₹164 in the previous week.
The market for Nilgiri brokens and whole leaves remained steady to firm and sometimes dearer, as a result of good quality. Upcountry buyers lent fair support.
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The Northern Riversâ property market is red-hot right now, with many homes selling within days of going up for sale.
If youâre ready to buy, but still hunting for your dream home, bidding at an auction could pay off.
Here are five properties set to go under the hammer this weekend:
1 Tuckeroo Drive, East Ballina
Located on a corner block is two separate, single level homes with dual street access. The first home has three bedrooms, master with ensuite/WIR, casual living and formal lounge, double garage, and a large covered alfresco space and yard. The second residence has two bedrooms, an open plan layout and carport plus single garage. Thereâs a resort-style swimming pool and tropical gardens, plus itâs close to schools and beaches. Itâs open for inspection from 10am on Saturday, February 6, with the auction kicking off at 10.30am.
Centre may receive INR 15,000 crore from Air India sale: Report
The Centre is likely to receive around INR 15,000 crore from the sale of its stake in national carrier Air India, its subsidiary Air India Express and AISATS.
Potential buyers are probably ascribing zero value to the equity of the debt-ridden company, Business Standard reported.
The Tata Group is leading the race to acquire Air India, a source told the publication.
A reserve price â a formal indicative price â for Air India will be finalised by a group of ministers after receiving the final bids, the report added.
This is the governmentâs second attempt at privatising Air India, a plan that has been delayed due to the COVID-19 pandemic.
Noah Kupferman appointed Director of Business Development of Athena Art Finance
Since 2016, Noah served as Program Director of Art Law and Business at Christies Education, and previously served for five years as a senior specialist in Chinese Art at both Christies and Sothebys. Photo: Eric Calvi.
NEW YORK, NY
.-Athena Art Finance, a leading specialty finance lender dedicated to providing art-backed loans to global art market collectors, investors, and participants, announced today the appointment of Noah Kupferman as its new Director of Business Development. Noah will become a key member of the Athena team, focused on its ambitious growth strategy in the U.S., Europe, and Asia, and will report to Cynthia Sachs, Chief Investment Officer and head of the art lending business.