E-auctions eliminate all the disadvantages of a manual process, says Vinaya Varma

Online auctions are likely to be used more and more in the future, helped by the government’s focus on transparency and digitisation, says Vinaya Varma, CEO of mjunction, a B2B e-commerce company.Besides auctions for traditional commodities such as steel, coal, food-grains and agri-commodities, e-auction is also being used for allocation of natural resources such as oil fields and gas fields, he s...