5G Auction: Bid Amount Exceeds Rs 1.45 Lakh Crore On Day 1

India's largest ever auction of spectrum used to carry mobile signals saw bids of Rs 1.45 lakh crore for 5G airwaves from groups run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani on the first day on Tuesday. All four applicants -- Ambani's Reliance Jio, Mittal's Bharti Airtel, Vodafone-Idea and an Adani group firm "actively" participated in the auction of the 5G spectrum, that offers ultra-high speeds (about 10 ti...