Fiscal deficit is 4.1% this year, thanks to telcos

The government is believed to have met the fiscal deficit target of 4.1 percent of GDP for 2014-15, helped by last minute payment of Rs 10,808 crore by telecom companies for spectrum and tax receipts in March

Mobile call, service rates can go up by 12-15%: COAI

There is a lot of load on telecom operators due to spectrum payment.

Supreme Court allows govt to conclude telecom airwave auctions

The Supreme Court has allowed the government to conclude the auction of telecom airwaves and collect initial payments from operators.

SC gives liberty to Centre to finalise auction of Spectrum

Government raised a record Rs 109,874 crore in the country's biggest and the fiercest auction of telecom spectrum.

Spectrum auction ends: Govt to get Rs 1.10 trillion; rates may rise

Government raised a record Rs 109,874 crore in the country's biggest and the fiercest auction of telecom spectrum that ended Wednesday, triggering fears of hike in call and data rates.

Spectrum auction belie zero loss presumptions, says Jaitley

With the telecom spectrum auction fetching a record Rs 109,874 crore, Finance Minister Arun Jaitley on Wednesday took a jibe at Congress leader Kapil Sibal, saying the 'zero loss' theory has been belied.

Telecom spectrum auction ends with bids about Rs 1.10 lakh crore

India's biggest telecom spectrum auction ended Wednesday after 19 days of fierce bidding that fetched about Rs 1.10 lakh crore to the government.

Telecom spectrum auction concludes; Govt garners about Rs 1.10 lakh crore

The government has garnered about Rs 1.10 lakh crore from the telecom spectrum auction after 19 days and 115 rounds of fierce bidding among eight operators.

Spectrum auction kitty rises to Rs 1.09 lakh crore

Spectrum auction kitty rises to Rs 1.09 lakh crore

Government's kitty from the telecom spectrum auction on Tuesday rose to Rs 1.09 lakh crore with the provisional allocation of 89 percent radiowaves made at the end of the 18th day.

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Govt to raise Rs 39K cr next fiscal from communication

The government will meet its revenue target of over Rs 40,847 crore in 2013-14 from the communication services, mainly on account of the recently concluded telecom spectrum auction and related charges.

Telecom stocks gain up to 2% after auction

Telecom stocks Friday settled with as much as 2 percent gain after the government raised over Rs 61,162 crore from auction of wireless spectrum.

Vodafone, Airtel win spectrum; Govt gets Rs 61,162 cr

Vodafone Group and Bharti Airtel won critical wireless telecom spectrum in metros like Delhi and Mumbai and several other cities in an intensely fought 10- day auction that gave the government over Rs 61,162 crore, far exceeding its own target.

Govt rakes in Rs 61,162 cr from spectrum auction: Sibal

It has ensured a minimum revenue of Rs 18,296.36 crore to the government in the current financial year ending March 31.

Spectrum auction ends; govt receives bids worth over Rs 60K cr

The auction for 900 Mhz and 1800 Mhz bands saw strong contest for the radiowaves among eight telecom companies, with the bidding stretching to 68 rounds.

Spectrum auction into 10th day, bidding starts from Rs 61K crore

Spectrum auction on Thursday entered the 10th day of bidding and started off from Rs 61,091.83 crore in terms of value.

Spectrum auction bids cross Rs 61,000 cr

Aggressive bidding was seen on the 9th day of telecom spectrum auction for 1800 Mhz band, taking the total value of radiowaves to Rs 61,093.83 crore Wednesday.

Spectrum auction takes off from Rs 58,980 cr on 9th day

Spectrum auction took off today from Rs 58,980.29 crore mark with demand for the premium 900 Mhz band seemingly tapering off at the end of 56 rounds.

Spectrum auction takes off from Rs 58,332 crore on 8th day

The ongoing spectrum auction commenced for the eighth day on Tuesday, entering the 50th round, with the government already receiving bids worth Rs 58,332 crore.

Spectrum bids reach Rs 54,600 cr after 35 rounds of auction

At the end of the fourth day yesterday, telecom companies had jointly made bids worth about Rs 52,689 crore.