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VODAFONE MERGER NEWS
Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFCMarkets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict ...- Britain approves $19 billion Vodafone-Three mobile mergerBritain's Competition and Markets Authority (CMA) approved the $19 billion merger of Vodafone UK and Three UK, creating the nation's larges...
- Vodafone Idea falls 5% on delay in Infratel-Indus Tower mergerShares of Vodafone Idea fell nearly 12 per cent on Monday after Bharti Infratel extended the deadline for its merger with Indus Towers by t...
- Bharti Infratel may again extend deadline for Indus Towers dealInsiders said the companies have still not received the requisite foreign direct investment (FDI) approval for the deal from the Department...
- Idea Cellular says company name changed to Vodafone Idea LimitedThe news comes hours after the National Company Law Tribunal (NCLT) approved the merger of Idea Cellular and Vodafone India.
- Vodafone-Idea merger: Telecom market to stabilise, grow at robust pace, says DoT secyGovt gave final approval to the mega merger of Vodafone and Idea Cellular which creates India's largest mobile operator with about 35% mark...
- Bharti Airtel sells 10% in tower subsidiary for Rs 6,194 croreBharti chairman Sunil Mittal said this “investment by a consortium of marquee longterm investors underlines the confidence of global invest...
- Aditya Birla Group mixes services into its portfolioThe shareholders are currently voting to approve this amalgamation (voting ends first week of April). Grasim and Nuvo together hold 28% of ...
- Idea shares plummet 26% after mergerIdea shares had surged 42% to Rs 110.20 from Rs 77.80 in just two days following initial confirmation about the deal at the end of January.
- Vittorio Colao may be harbinger of Vodafone-Idea merger newsThe trip, which comes several months ahead of his traditional September-October annual visit, is aimed at sorting out key issues related to...
- Idea, Airtel stock rally may have priced in positives, say CitiBut research analysts at Citi believe that markets were getting too excited about the merger.
- Can Idea maintain its momentum on the bourses?Though the merger news has boosted the stock back to near 52-week high, sustaining the gain will not be easy since the competition is expec...
- Consolidation should not be forced by unfair means: AirtelIn its 25-page petition before TDSAT, Airtel had asked the quasi-judicial body to direct Trai to ensure Jio does not provide its free voice...
- Vodafone, Idea on conference call to create India’s biggest telcoThe merger of British giant Vodafone and the Aditya Birla Group co Idea —No. 2 and No. 3, respectively — can change the recent telecom game.
- Telecom index surges nearly 6% after Vodafone confirms merger talks with IdeaThe merger will create an entity with a subscriber base of more than 400 million to emerge as the largest player in India, replacing the cu...
- Idea deal will lead to backdoor listing of Vodafone India: What D-Street reads in itThe merger may help Vodafone India improve positioning in mass-market. The combined entity would command a 43 per cent revenue market share.
- Vodafone confirms merger talks with Idea Cellular; here's what it means for youThe merger will help Vodafone India improve its position in the mass market, while Idea Cellular would gain from Vodafone’s strength in the...
- Idea slips nearly 3% as co denies merger reportsOn the volume front, 11.48 lakh shares of the company were traded on BSE and over 1 crore changed hands at NSE during the day.
- Idea tanks 4% as telco denies any merger talks with VodafoneThe stock sank 3.77 per cent to hit a low of Rs 97 on BSE. The stock had jumped 6.72 per cent in the previous session amid reports of a pos...
- Vodafone hints at paying $2 bn tax on Hutchison dealVodafone has hinted that it may pay the tax, but warned that such a move will have backlash on Indian cos doing similar transactions overse...
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