The reserve price for 800 MHz is at Rs 3646 crore pan-India per MHz and for 900 MHz at Rs 3980 per band pan India excluding Delhi, Mumbai, Kolkatta, J&K.
Delinking of spectrum from licenses and spectrum trading will ensure future M&A may be more about acquisition of subscribers and not spectrum.
Bond prices are likely to remain rangebound with a declining bias as traders anxiously await announcement from the government on diesel price revision, says Dhawal Dalal, DSP BlackRock Mutual Fund.