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India raises INR 1.1 trillion in 19-day spectrum auction
2015-03-26 08:10:00| Telecompaper Headlines
(Telecompaper) The Indian government received provisional bids worth almost INR 1.10 trillion (approximately USD 17.6 billion) at the end of 110 rounds of bidding in the latest spectrum auction, the telecom minister Ravi Shankar Prasad said. The government initially expected to raise around INR 820 billion in this spectrum auction. The government did not disclose winning bidders and the regions in which they had won spectrum, but the country's top operators -- Bharti Airtel, Vodafone India and Idea Cellular -- are expected to have bought the major chunk of the 20-year licences on offer, Reuters reports. Eight mobile operators bid for a total of 465 MHz of spectrum across four bands. The government offered 103.75 MHz in the 800 MHz band, 177.8 MHz in the 900 MHz band, 99.2 MHz in the 1,800 MHz band and 85 MHz in the 2,100 MHz band.
Tags: india
auction
spectrum
raises
Market cap of 10 conglomerates soars 29 trillion won so far this year
2015-03-22 08:19:32| Semiconductors - Topix.net
The market cap of South Korea's top 10 business groups listed on the main bourse has gained 29.1 trillion won so far this year, a 4.26 percent jump from the end of last year, strongly led by Samsung Group companies, data showed Sunday. The 10 conglomerates' market cap reached 712.2 trillion won as of Friday, accounting for 51.2 percent of the total, according to the data from market tracker WISEfn.
Road rage: scientists denounce $60 trillion infrastructure expansion
2015-03-14 23:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: It was 2009 when I first laid eyes on the 2,500 kilometer-long Interoceanic Highway that connects the west coast of Peru with the western Brazilian border - bisecting the entirety of the Peruvian Amazon. Far from impressive, it resembled a scraggly dirt and gravel path, blanketed on both sides by massive Amazonian trees. Traveling on the highway by car was an exercise in sheer luck. Huge clouds of dust rose high into the sky around my car and visibility was less than 10 meters (30 feet) - neither...
Tags: road
expansion
infrastructure
scientists
Scientists warn G20 $60 trillion infrastructure plan is "doubling down on a dangerous vision"
2015-03-13 19:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: If there's one thing most governments and even political parties appear to agree on it's a desire for more infrastructure, i.e. more roads, dams, bridges, power plants, airports and seaports, sewers, pipelines, and telecommunication systems. At the most recent G20 meeting in Brisbane, the world's biggest economies agreed on the need for more infrastructure around the globe, including a plan to boost infrastructure spending by trillions of dollars by 2030 and setting up a so-called Global Infrastructure...
Tags: on
plan
vision
dangerous
LG Group plans record 6.3 trillion R&D investment
2015-03-12 11:31:18| Electronics - Topix.net
South Korean conglomerate LG Group on Thursday said its companies plan to invest a record 6.3 trillion won in research and development in 2015 to secure future growth.
Tags: group
record
plans
investment
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