E-Auction of First Batch of Private FM Radio Phase III Channels Continues;
E-Auction of First Batch of Private FM Radio Phase III Channels
Continues;
Provisional Winning Price of Single Channel in Guwahati Becomes More Than 10 Times Its Reserve Price as 100 Rounds of Bidding Completed at End of Day 25
Provisional Winning Price of Single Channel in Guwahati Becomes More Than 10 Times Its Reserve Price as 100 Rounds of Bidding Completed at End of Day 25
At the close
of the 25th day of bidding, 94 channels in 56 cities became provisional winning
channels with cumulative provisional winning price of about Rs 1147 Crore
against their aggregate reserve price of about Rs 459 Crore. Thereby the
summation of provisional winning prices surpassed the cumulative reserve price
of the corresponding 94 channels by Rs 688.3 Crore or 150%. Overall, cumulative
provisional winning price exceeded the total reserve price of the first batch
i.e. Rs 550.18 Crore by Rs 597 Crore or 108.5%.
Today, provisional winning price of single channel
put for auction in Guwahati reached 976% above its reserve price. Against
reserve price of Rs 0.37 Crore, Guwahati’s provisional winning price stood at
Rs 4.07 Crore at the end of the day.
The Auction
for the first batch comprising 135 FM Channels in 69 existing cities of Phase
II began on 27th July 2015.
The Auction Activity Requirement
(AAR) is 100%. It was increased from 90% after 59th Round on 14th August, 2015.
The channel allocation stage will continue till the bids are received for any
of the 135 channels.
Daily auction
report for the day has been put on the Ministry’s website www.mib.nic.in. Bidding will re-commence on
31st August, 2015 (Monday) at 09.30 AM.
The following
Table summarizes 25 days of bidding:
|
Day No
|
Date of Bidding
|
Status at the end of Round No
|
No of Provisionally Won Channels
|
No of Cities
|
Cumulative Reserve Price of Provisionally Won
Channels (In Crore Rs)
|
Cumulative Provisional Winning Price (In Crore
Rs)
|
|
1
|
27.07.2015
|
4
|
78
|
54
|
357
|
395
|
|
2
|
28.07.2015
|
8
|
79
|
55
|
377
|
479
|
|
3
|
29.07.2015
|
12
|
80
|
55
|
377
|
549
|
|
4
|
30.07.2015
|
16
|
80
|
55
|
391
|
643
|
|
5
|
31.07.2015
|
20
|
80
|
55
|
391
|
714
|
|
6
|
03.08.2015
|
24
|
82
|
56
|
395
|
779
|
|
7
|
04.08.2015
|
28
|
83
|
56
|
395
|
827
|
|
8
|
05.08.2015
|
32
|
83
|
56
|
395
|
869
|
|
9
|
06.08.2015
|
36
|
85
|
56
|
407
|
900
|
|
10
|
07.08.2015
|
40
|
86
|
56
|
425
|
946
|
|
11
|
10.08.2015
|
44
|
87
|
56
|
425
|
969
|
|
12
|
11.08.2015
|
48
|
86
|
56
|
425
|
987
|
|
13
|
12.08.2015
|
52
|
87
|
56
|
425
|
1005
|
|
14
|
13.08.2015
|
56
|
88
|
56
|
426
|
1022
|
|
15
|
14.08.2015
|
60
|
91
|
56
|
449
|
1079
|
|
16
|
17.08.2015
|
64
|
92
|
56
|
451
|
1090
|
|
17
|
18.08.2015
|
68
|
93
|
56
|
458
|
1116
|
|
18
|
19.08.2015
|
72
|
94
|
56
|
459
|
1123
|
|
19
|
20.08.2015
|
76
|
94
|
56
|
459
|
1128
|
|
20
|
21.08.2015
|
80
|
94
|
56
|
459
|
1130.5
|
|
21
|
24.08.2015
|
84
|
94
|
56
|
459
|
1134
|
|
22
|
25.08.2015
|
88
|
94
|
56
|
459
|
1136.6
|
|
23
|
26.08.2015
|
92
|
94
|
56
|
459
|
1139.3
|
|
24
|
27.08.2015
|
96
|
94
|
56
|
459
|
1143
|
|
25
|
28.08.2015
|
100
|
94
|
56
|
459
|
1147
|
*********
MoS Col. Rajyavardhan Rathore, calls on President of the Republic of
Zimbabwe as Special Envoy of Prime Minister
Minister of State for Information & Broadcasting, Col. Rajyavardhan
Rathore, called on Mr. Robert Gabriel Mugabe, President of the Republic of
Zimbabwe last evening at Harare. Col. Rathore met the President as the Special
Envoy of Hon’ble Prime Minister to personally extend the invitation on behalf
of Hon’ble PM requesting President Mugabe for attending the Third India Africa
Forum Summit to be held in October in New Delhi. While accepting the
invitation, President Mugabe stated that he hoped the Hon’ble Prime Minister
would visit Zimbabwe in the near future. Earlier the Minister also met the
Foreign Affairs Minister, Republic of Zimbabwe, Mr. Simbarashe S. Mumbengegwi
and invited him on behalf of the External Affairs Minister Smt. Sushma Swaraj.
Speaking after the meetings, Col. Rathore mentioned that this year’s summit would be historic as India had taken the lead to invite leaders of all African nations with whom it had long cherished ties. Emphasizing the importance of India Africa engagement the minister said, that our friendship with African nations goes back a long way. India and Africa emerged from a similar colonial past and shared similar concerns of sustainable development and inclusive economic growth.
Elaborating further the minister said that both India and Africa shared common views and concerns on issues of mutual interest that had regional and global connotations. These concerned issues related to Global Governance, Climate Change, WTO, Bretton Woods Institutions, etc.
During his discussion the minister also added that in recent years India had played a critical role in forging partnerships with the African continent focusing on issues that empowered the region. These included support to African countries through Scholarships, Training, Capacity Building efforts and Developmental Assistance. Lines of credit and grants have also been extended to African Nations. The commitment and efforts had substantially strengthened the South-South Cooperation between the region and India.
The Third India Africa Forum Summit level meeting will be held on 29th October 2015 and will be preceded by a Foreign Minister’s meeting on 27th October and Senior Officers meeting on 26th October, 2015.
Speaking after the meetings, Col. Rathore mentioned that this year’s summit would be historic as India had taken the lead to invite leaders of all African nations with whom it had long cherished ties. Emphasizing the importance of India Africa engagement the minister said, that our friendship with African nations goes back a long way. India and Africa emerged from a similar colonial past and shared similar concerns of sustainable development and inclusive economic growth.
Elaborating further the minister said that both India and Africa shared common views and concerns on issues of mutual interest that had regional and global connotations. These concerned issues related to Global Governance, Climate Change, WTO, Bretton Woods Institutions, etc.
During his discussion the minister also added that in recent years India had played a critical role in forging partnerships with the African continent focusing on issues that empowered the region. These included support to African countries through Scholarships, Training, Capacity Building efforts and Developmental Assistance. Lines of credit and grants have also been extended to African Nations. The commitment and efforts had substantially strengthened the South-South Cooperation between the region and India.
The Third India Africa Forum Summit level meeting will be held on 29th October 2015 and will be preceded by a Foreign Minister’s meeting on 27th October and Senior Officers meeting on 26th October, 2015.
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