Advertisement

HindustanTimes Sat,23 Aug 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

Goldman Sachs in deal worth $1.2bn over US bond claims

The Federal Housing Finance Agency, which oversees Fannie and Freddie, announced the settlement Friday with the Wall Street powerhouse. Goldman Sachs sold the securities to the companies between 2005 and 2007.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved