This story was first published on the Benzinga India portal. BillionaireElon Musk said he appreciated India’s decision to allocate spectrum for satellite broadband administratively instead of auctioning it. What Happened: Replying to a post on X, Musk said he will do his best to “serve the people of India with Starlink”. This comes after he had earlier criticized the auction approach being pursued by rival billionaire Mukesh Ambani as “unprecedented”. India’s Telecom Minister Jyotiraditya Scindia reportedly said during an event in New Delhi that the spectrum will be allocated through administr…