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IDEA SPICE DEAL
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- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian markets ended lower as stalled US-Iran talks triggered broad selling across sectors. Nifty and Sensex declined sharply, though techn...
- Ahead of Market: 10 things that will decide stock market action on MondayDomestic markets extended gains with Nifty closing above 24,000, led by banking, auto, and consumer stocks. Easing volatility and bullish t...
- Idea faces fine, may lose permits; stock down 6%Idea Cellular may lose overlapping mobile permits in six regions and could end up paying a fine of Rs 300 crore.
- Spice deal fallout: Idea faces fine, may lose permitsIdea Cellular may lose overlapping mobile permits in six regions and could end up paying a fine of Rs 300 crore
- DoT norms may force Idea to pay more for SpiceDoT, while announcing merger guidelines, had said telcos would have to pay a spectrum transfer charge during a merger, but did not specify ...
- Idea acquires 28 cr shares of Spice in block deal on BSEAditya Birla group firm Idea Cellular on Monday acquired as many as 28.15 crore shares of Spice Communications at Rs 77.30 each aggregating...
- Idea to be a debt-free companyThe deal makes Idea virtually a debt-free company because of the net gain of around Rs 4,500 crore from the deal.
- Idea buys Spice for Rs 2,176 croreTwo cos to merge at a later stage; Telekom Malaysia to get 20% in the merged entity.
- Idea needs just three quarters to trunaround SpiceEven if Spice Communications continues to make losses, it will only have a marginal impact on Idea Cellular's balance sheet.
- Telekom Malaysia to get less than 15% stake in Idea after Spice mergerThe Spice Communication stake deal is getting more complex by the day. Telekom Malaysia (TM) will buy a small stake in Idea Cellular as par...
- Spice gains on Idea deal but analysts say premium too highThe Indian telecom sector is seeing big-ticket mergers and acquisitions. AV Birla group-controlled Idea Cellular set to buy BK Modi's Spice...
- Idea to buy out Modis' Spice stake for Rs 2,200 crAfter buying out the Modis, Idea Cellular will make the mandatory open offer for 20% stake in Spice that is currently held by the public. H...
- Modis to exit Spice, what an Idea!Modi group, the promoter of telco Spice Communications that was mulling a stake sale from a long time, is likely to ink a deal with AV Birl...
- Idea Cellular buys Modi's stake in SpiceAV Birla group telecom co Idea Cellular is buying out Modi group’s stake in Spice Communications, taking complete control of the cellular f...
- Idea-Spice deal fails on pricingIdea was keen on expanding its subscriber base but baulked at the price demanded by Spice Telecom.
- IPO to help Spice peg value for merger with IdeaSpice Telecom will go ahead with its proposed IPO, and further talks related to a merger with Aditya Birla owned Idea Cellular will happen ...
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