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Telcos likely to commit $13 bn in spectrum sale: Fitch

The much awaited spectrum auction, wherein eight companies are bidding to acquire radiowaves in four bands, started on Wednesday.

Risks to fiscal slippage high, plan spending cut needed: DBS

As of November-end, the fiscal deficit had touched 99 percent, a record high.

'Spectrum revenue estimate in Budget 2012-13 was without analysis'

"Last time, the Rs 40,000 (crore) was put in there without any analysis. Just a number was put in there. This time I have got it broken down to last digit and I hold them to that number and I will try to get that number," Chidambaram said in TV interviews.

Govt expects Rs 43,000 cr from spectrum sale at base price

"The estimated realisation from this auction assuming that all spectrum put to auction is sold at the reserve price is of Rs 43,011 crore," Minister of State for Communications and IT Milind Deora said in a written reply to the Rajya Sabha.

Govt eyes Rs 12,000 cr as revenue from spectrum sale in March

Government expects to get initial payment of around 12,000 crore from spectrum auction scheduled to start from March 11, a senior DoT official said.

Spectrum sale deliberately manipulated: Joshi

Senior BJP leader Murli Manohar Joshi alleged there was a possibility that the recent flopped spectrum sale was "deliberately manipulated" to show that the CAG`s calculation of presumptive loss of Rs 1.76 lakh crore.

Spectrum sale: EGoM meet now on Tuesday

The government will thus have only four days to complete 13 processes before actual bidding for airwaves starts, assuming that August 31 remains the final date.

EGoM to meet on Monday to decide on spectrum sale schedule

A ministerial panel led by Finance Minister P Chidambaram is scheduled to meet on Monday to plan a revised schedule for spectrum auction as the government is unlikely to finish the process by August 31 as mandated by the Supreme Court.