Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
Bharti Airtel made part payment of Rs 4,725 crore.
The incumbent operators faced the onslaught of free offers and cheaper rates from Jio.
43 rounds of bidding has taken place.
The interconnection charge has been reduced.
Jio makes data on call drops public, says 121 mn calls failed in a day
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Sensex rises, snapping two-session losing streak; banks, auto gain.
Pammi Aunty's gappe-shappe sessions with Sarla Bahenji have made Ssumier S Pasricha an internet star, says Manavi Kapur.
Dissing rivals is not going to cut much ice with today's millennials who don't think what is "free" is any worse than what is paid for, says Ambi Parameswaran.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications.
Sensex, Nifty end the day in red ahaead of F&O expiry.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Most Asian stock markets steadied on Wednesday.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Telcos may hike mobile rates to recover spectrum cost: Moody's
Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
More than 87 per cent of the spectrum has been allocated to bidders.
Investors indulged in profit booking at attractive and higher valuations
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
TRAI may recommend the DoT to levy one-time non-refundable fee of Rs 50,000 per operator for each service area in which they opt for spectrum sharing.
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
After initial success, data use is stagnating and getting consumers to spend additional money for high-speed internet is proving to be difficult for telcos.
Telecom Regulatory Authority of India has recommended up 62 per cent reduction in base price of premium 2G spectrum and up to 37 per cent in case of radiowaves freed from the cancellation of 122 licences, compared to the amount fixed for previous auction.
Rise in crude oil price and rally in global equities aided the sentiment
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
The telecom spectrum auction entered the 33rd round of bidding today after starting off from the Rs 52,689 crore (Rs 526. 89 billion) mark this morning.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
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Reliance, Birla Group, Airtel eye small finance banks.
Dividend payouts seem recession-proof.
As per data, call drop situation in Delhi has improved.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
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