wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

3G Auction India: 2G IT Dept Docs? Day 32, Pan India Price At Rs. 161.64B, Govt Revenue At Rs. 653Bn

Via @VarshaSanghvi on Twitter, we've come across what are allegedly scans of documents submitted by India's Income Tax Department to the Central Bureau of Investigation (CBI), after tapping phones of corporate lobbyist Niira Radia. MediaNama cannot vouch for the authenticity of these scans, and we've heard that there are copies of fake documents also being circulated to the media, so take the allegations made in these scanned pages with skepticism. Earlier, The Pioneer had published a story (Tapped and Trapped) quoting similar allegations, and Headlines Today had broadcast this report on the same. 3G Auction At the end of 176 clock rounds of India’s 3G Auction (only 4 on Day 42), the price for pan-India spectrum is Rs. 161.64Bn, 361.82% above its base price of Rs. 35Bn. The price rose 2.21 percent on the day, compared to a 2.58% increase on the previous day. In absolute terms, the price rose Rs. 3.49 Bn. compared to Rs. 3.98 Bn and Rs. 4.16 Bn on the previous two days. The Indian government will earn Rs. 653.11Bn from these auctions, around $ 14.427 Billion. On the day, there was excess demand only for Delhi, Kolkata and Punjab. 3G Auction Status When bidding resumes, price for circles with excess and on-par demand will be raised by 10 percent, while price for circles with deficient demand will remain the same. - Excess Demand: Delhi, Kolkata, Punjab - Par Demand: Andhra Pradesh, Kerala, UP (East), UP (West), Rajasthan, Himachal Pradesh, Orissa - Deficient Demand: Mumbai,  Bihar, Assam,…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ