The Empowered Group of Ministers, chaired by Home Minister P Chidambaram, has proposed to lower the reserve price for the spectrum to be auctioned to Rs 14,000 crore to Rs 16,000 crore. The Telecom Regulatory Authority of India had earlier recommended the reserve price of Rs 18,000 crore for the 2G airwaves the decision came after a meeting in Delhi on Friday. However, the Empowered Group of Ministers did not finalise... Read More
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