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Updated Mar 3, 2021, 10:58 am IST 855.60 MHz of airwaves were bought for Rs 77,814.80 crores in two days of auction after six rounds of bidding  There were only three bidders this year -- Airtel, Vodafone Idea and Reliance Jio -- against seven bidders during the last spectrum auction in 2016. (PTI file photo) New Delhi: Reliance Jio on Tuesday emerged as the biggest bidder in the telecom spectrum auction, conducted by the government, acquiring spectrum worth Rs 57,122.65 crores. Another prominent bidder, Bharti Airtel, also picked up radio waves worth Rs 18,699 crores in the auction, while ...

Read more about Sensex spurts 1100 pts, Nifty climbs over 2% as banks rally; RIL jumps 4.5% on Business Standard. Domestic shares rallied for the third straight session on Wednesday led by gains in banks, financials and metal stocks. The Nifty settled near 15,250 level. Barring the Nifty Auto index, all the sectoral indices on the NSE ended in the green.

Read more about Sensex soars 1100 pts, Nifty closes near 15,250 on Business Standard. As per the provisional closing data, the barometer index, the S&P BSE Sensex, jumped 1147.76 points or 2.28% at 51,444.91. The Nifty 50 index soared 326.5 points or 2.19% at 15,245.25.

The spectrum auction 2021 concluded on Tuesday with the government receiving total bids worth Rs 77,814.80 crore.

Spectrum auction concludes with Rs 77,815 crore bids, exceed govt expectations - The spectrum auction 2021 concluded on Tuesday with the government receiving total bids worth Rs 77,814.80 crore.