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2015 AUCTION PAYMENTS
Ebay's 30-year journey: From a bidding marketplace to takeover targetGamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is pr...- Mine auction rules update in works to kickstart operations fastTo expedite mine production, the Centre is set to amend the Mineral (Auction) Rules, 2015, introducing intermediary timelines and specifyin...
- Vodafone Idea’s relief hopes fade as DoT puts spectrum surrender on holdThe department of telecommunications (DoT) has halted its plan to allow telecom operators to surrender airwaves bought before the 2022 auct...
- Vodafone Idea shares slide 2% as debt-laden telco offers to give up spectrum to manage 2015 auction paymentsVodafone Idea shares: Vodafone Idea is set to experience a significant increase in its regulatory dues when the moratorium ends in Septembe...
- Vodafone Idea offers to give up some Spectrum to manage 2015 auction paymentsVodafone Idea (Vi) has requested the Department of Telecommunications (DoT) to reduce its securitization or bank guarantee requirement by s...
- Vi makes emergency call to DoT for equity conversions, seeks nod for rejigs to get relief on spectrum, AGR duesVodafone Idea CEO Akshaya Moondra has urged the DoT to permit equity conversion of upcoming AGR and spectrum dues, potentially increasing g...
- Vodafone Idea fails to submit Rs 6,090 crore bank guarantee or Rs 5,493 crore cash to DoTVodafone Idea missed the March 10, 2025 deadline to provide a bank guarantee or cash payment to the Department of Telecommunications for a ...
- Govt waives bank guarantees for past spectrum auctions; letters sent to Vodafone-Idea, Reliance Jio and Bharti AirtelVodafone-Idea, which is yet to roll out 5G services, now no longer needs to submit these bank guarantees, and the Centre’s decision now ope...
- Airtel prepays Rs 7,904 cr to clear all spectrum duesBharti Airtel has prepaid ₹7,904 crore to the telecom department, clearing the remaining payment for spectrum bought in 2012 and 2015 aucti...
- Ministry of Coal puts 122 mines on auctionIn a statement, the ministry said it "has placed on offer 122 coal/lignite mines today under commercial auction of coal mines, including 18...
- Reliance Jio pays DoT Rs 10,792 cr towards 2016 auction paymentJio's payment comes at a time when Airtel has accepted the government’s proposal of a four-year moratorium on spectrum and adjusted gross r...
- Tea Board successfully implements the payment settlement part of the Pan India e-auction of teaThe introduction of post settlement module has ensured that al payments involving auction of tea will be on line through designated settlem...
- DoT against liberal payment termsAt this base price, each block would fetch the government overRs 57,000 crore, which is more than half the entire proceeds of the 2015 sale...
- Coal Ministry slaps show cause notice on GMR for payment delayThe Coal Ministry has slapped a show cause notice on GMR for delay in payment with regard to Talabira coal mine in Odisha.
- Government expects Rs 98,994 crore from spectrum auctions, license; one-time fee in FY17The Telecom Regulatory Authority of India recommended putting up 2,142 MHz of spectrum for sale in 2016, which, if approved, may be the lar...
- States get Rs 1,233 crore as upfront payment for coal mines"So far, a total of Rs 1,233.22 crore has been transferred to state governments of coal bearing states on account of Upfront Payment," an o...
- Department of Telecommunications may get revenue of Rs 49,200 crore from spectrum auctionsSpectrum auctions, including an instalment payable from the 2015 sale, are expected to be the largest contributor with projections ofRs 25,...
- Centre pushes states to set up District Mineral Foundations under MMDRAThe Centre asked the states to speed up the process of setting up District Mineral Foundations (DMFs) under the New Mines Act for the benef...
- Winning bidders for mineral block to pay 0.5% upfront paymentThe Centre has proposed an upfront payment of 0.5 per cent of value of resources by companies who secure licence for mining major minerals ...
- Government proposes 2-stage bidding process under Mines BillIn the first round, technically qualified bidders will be asked to quote the percentage of revenue they will share with the state governmen...
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