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.
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.
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, North East, Maharshtra, Gujarat, , Karnataka, Tamil Nadu, Haryana, Madhya Pradesh, West Bengal, Jammu & Kashmir
(Previous day: Excess, Par, Deficient)
Delhi & Mumbai
– Delhi and Mumbai have both now crossed Rs. Rs. 30Bn: Delhi leads at Rs. 31.56Bn, up Rs. 1.23Bn (3.9% for the day), while Mumbai is at Rs. 30.59Bn, up Rs. 0.60Bn and 1.97% for the day.
– Delhi & Mumbai rose the most in absolute terms for the day
– Together, Delhi & Mumbai account for Rs. 62.15Bn, around 38.45% of the total bids.
– Interesting to note that there has been excess demand for Kolkata and Punjab for three straight days
– Price for Punjab went up by Rs. 0.21Bn and 7.56% for the day
– The top 4 – Mumbai, Delhi, Karnataka and Tamil Nadu – account for 57.19% of the pan-India price, at around Rs. 92.44Bn
– At the lower end of the price range, Kolkata went up to Rs. 5.08Bn, rising 3.9% during the day, and moving ahead of Uttar Pradesh (West), priced at Rs. 5.05Bn.
– The price of Maharshtra, Karnatka, Tamil Nadu, Haryana, Madhya Pradesh, West Bengal, and Jammu & Kashmir did not increase during the day.
Download all the 3G Auction documents here