India Airwave Sale Raises 25% of Goal Imperiling DeficitKartikay Mehrotra and Tushar Dhara
India raised less than 25 percent of its target from an auction of airwaves, a sale Finance Minister Palaniappan Chidambaram was counting on to avert a sovereign credit downgrade. Bharti Airtel Ltd. and Idea Cellular Ltd. gained in Mumbai.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.