Day 6 summary- Total bid amount for the first time dips by 2000 Crore, surplus demand for 1800MHz in Kolkata circle
Day 6 of the spectrum auction ended with 6 rounds of bidding, bringing the total number of rounds up to 37. Though the provisional winning bid amount per block went up, the demand for blocks at the increased price was lower. As a result for the first time there was a dip in the profits for the government which fell by 2000 crores from 94,000 crore at the end of... Read More