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Govt slashes CDMA Auction Base Price

TNI Bureau: After the "flop show" in November, the government learned from its mistakes and slashed the base price for CDMA spectrum auction by 50 per cent. It was approved by the Union Cabinet today. The 50 percent cut in base price…

2G Spectrum Auction fetches Rs 9,407 Crore

TNI Bureau: The much-awaited 2G spectrum auction failed to evoke any good response, as only Rs 9,407 crore were collected against the government's estimates of Rs 40,000 crore. During the two-day auction, bids were received only for 98…
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