2G auction will be over on first day; price too high: Mittal
The reserve price of Rs 14,000 crore set for airwaves is ‘too high’ and the auction of 2G spectrum will be over on the first day itself, Bharti group Chairman Sunil Bharti Mittal said on Wednesday.
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BPCL, Videocon Mozambique gas discoveries hold huge reserves
State-owned Bharat Petroleum Corp Ltd (BPCL) and Videocon Industries' Mozambique gas discoveries may hold up to 100 trillion cubic feet of in-place reserves, the block operator said on Monday.
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DoT to finalise auctioneer on July 10 for spectrum auction
The Department of Telecom will finalise by July 10 the agency that will conduct the e-auction of spectrum in 22 telecom service areas, a delay of 15 days compared to the previous schedule.
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Trai asks govt. to cancel licences of 5 new telcos
In a swift action against new telecom players who were given licences in 2008, telecom regulator Trai on Thursday asked government to cancel 62 licences given to five companies including Etisalat (Swa
Videocon appoints bankers to restructure oil & gas biz
Videocon Industries Ltd said it has appointed merchant bankers ICICI Securities and Morgan Stanley to help unlock value from its oil and gas assets through an initial public offering or demerger, a to