Day 2 of spectrum auction ends; bids grow to Rs 65,000 cr
The government was expecting to raise over Rs 82,000 crore from the auction, but the final amount may go much higher if bids continue at such an aggressive pace.
Mar 05, 2015, 23:10 PM IST
Spectrum auctions will lead to high tariffs, competition: S&P
The ongoing spectrum auctions, which fetched over Rs 60,000 crore on the very first day, are likely to intensify competition among major telecom players, leading to higher tariffs, and will also increase the gap between top operators and smaller ones, says a report.
Mar 05, 2015, 20:58 PM IST
Spectrum auction Day 2: Govt receives bids in all 4 bands
The total spectrum put to auction is 103.75 MHz in 800 MHz band, 177.8 MHz in 900 MHz band and 99.2 MHz in 1,800 MHz band for second generation (2G) telephony.
Mar 05, 2015, 17:21 PM IST
Telecom auction gets Rs 60,000 cr bids on first day
The biggest ever auction of 2G and 3G airwaves Wednesday began on a high note with operators making bids worth an estimated Rs 60,000 crore after six rounds of bidding in all four bands.
Mar 04, 2015, 21:57 PM IST
Next phase to coal mines auction to start soon: Piyush Goyal
The next phase of auction of coal mines will begin shortly, government told the Lok Sabha Tuesday.
Mar 03, 2015, 22:45 PM IST
We are in a very happy situation: Airtel on spectrum auction
Bharti Airtel is in a "very happy situation" compared to other telecom operators in relation to the spectrum auction, scheduled to start tomorrow, Bharti Enterprises Chairman Sunil Bharti Mittal said Tuesday.
Mar 03, 2015, 19:12 PM IST
2G spectrum auction will be subject to final verdict: SC
The Supreme Court Thursday made it clear that the auction for 2G spectrum will go ahead according to the schedule from March 4 subject to the outcome of matter before it.
Feb 26, 2015, 19:27 PM IST
Rs 1.09 lakh crore to go to states from coal block auction
Approximately Rs 1.09 lakh crore would go to the coffers of states like Chhattisgarh, West Bengal, Jharkhand, Odisha and Maharashtra following auction of 19 coal blocks held last night, Union Coal Secretary Anil Swarup said Monday.
Feb 23, 2015, 22:15 PM IST
CAG's stand vindicated on coal auction: Nirmala
The ongoing auctioning of coal blocks has vindicated CAG's criticism of the way the natural resources was allocated by the previous government, Commerce and Industry Minister Nirmala Sitharaman said Thursday.
Feb 19, 2015, 21:45 PM IST
Coal block auctions in India see aggressive bidding
Most of the winning bids so far have been higher than analysts` expectations based on the benchmark price of state-run Coal India.
Feb 19, 2015, 19:25 PM IST
US marshals to auction 50,000 bitcoins from Silk Road
The US government on Wednesday said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.
Feb 19, 2015, 01:09 AM IST
Coal auction: Sale of 11 mines makes states richer by Rs 60,000 cr
States, including Chhattisgarh, Jharkhand and West Bengal, are set to get nearly Rs 60,000 crore from 11 coal blocks sold in the ongoing auction, a top official said Wednesday.
Feb 18, 2015, 22:36 PM IST
Coal auction: 134 bids found technically qualified
As many as 134 applications have been found technically qualified and shortlisted out of the 176 preliminary bids received for the coal blocks on offer in the first tranche, a top Coal Ministry official said today.
Feb 12, 2015, 14:55 PM IST
Coal auction: Govt extends last date for technical bid to Feb 3
The government has extended the last date to February 3 for submission of technical bid for coal block auction.
Jan 28, 2015, 19:32 PM IST
3G auction: Govt approves Rs 3,705 cr as base price, eyes Rs 1 lakh cr from total sale
Eyeing a record high spectrum sale of Rs one lakh crore, the government today fixed the base price for 3G auction at Rs 3,705 per mega hertz -- which itself can fetch over Rs 17,000 crore from this band.
Jan 28, 2015, 19:17 PM IST
Govt may auction coal linkages; forms inter-ministerial panel
Government is now mulling auctioning coal linkages through the competitive bidding route and has also constituted an inter-ministerial panel to look into various models to implement it, a move aimed at bringing greater transparency in the allotment of linkages.
Jan 15, 2015, 14:00 PM IST
Mixed reaction from industry on mines ordinance
Steel makers on Wednesday welcomed mines ordinance while some core mining firms alleged that unfair treatment has been metted out to them by giving just 5-year lease extension for non-captive mines.
Jan 14, 2015, 21:01 PM IST
Prez nod to ordinance for iron ore, non-coal mineral auction
President Pranab Mukherjee has given his assent to an ordinance for auction of iron ore and other non-coal mines, a government source said.
Jan 13, 2015, 13:21 PM IST
Spectrum auction modalities likely this week
Government is likely to finalise most of the modalities this week for conducting spectrum auction for various bands, which is scheduled for February 23.
Jan 04, 2015, 13:16 PM IST
Telcos seek adequate spectrum to be made available for auction
Telecom operators, whose licences are expiring during 2015 and 2016, have requested the government to allow them to continue with their existing in-use spectrum till the time adequate radiowaves are made available for auction.
Nov 25, 2014, 17:53 PM IST
