Advertisement

HindustanTimes Tue,23 Dec 2014

India to appoint FM frequency auctioneer in 3 mths

Reuters  Mumbai, March 14, 2012
First Published: 13:09 IST(14/3/2012) | Last Updated: 13:23 IST(14/3/2012)

India plans to appoint an auctioneer within the next three months for the third phase of FM radio frequency auction, a ministry official said on Wednesday.

Advertisement

"We hope to finish the first round of this auction by end of the year (2012)," Uday Kumar Varma, secretary, ministry of information and broadcasting, told Reuters.

India plans to sell over 850 FM radio frequency licenses in the third phase through an electronic auction.


Advertisement
more from Business

An airline is born: Can Vistara soar while others bleed?

India's newest airline announced Monday it would start flying next month and was 'enthusiastic' about the future, even as rival carriers bleed red ink. The new airline, called Vistara will make its first flight on January 9. 

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved