Insiders said the companies have still not received the requisite foreign direct investment (FDI) approval for the deal from the Department...

The news comes hours after the National Company Law Tribunal (NCLT) approved the merger of Idea Cellular and Vodafone India.

Govt gave final approval to the mega merger of Vodafone and Idea Cellular which creates India's largest mobile operator with about 35% mark...

Bharti chairman Sunil Mittal said this “investment by a consortium of marquee longterm investors underlines the confidence of global invest...

The shareholders are currently voting to approve this amalgamation (voting ends first week of April). Grasim and Nuvo together hold 28% of ...

Idea 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.

The trip, which comes several months ahead of his traditional September-October annual visit, is aimed at sorting out key issues related to...

But research analysts at Citi believe that markets were getting too excited about the merger.

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...

In 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...

The merger of British giant Vodafone and the Aditya Birla Group co Idea —No. 2 and No. 3, respectively — can change the recent telecom game.

The 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...

The merger may help Vodafone India improve positioning in mass-market. The combined entity would command a 43 per cent revenue market share.

The merger will help Vodafone India improve its position in the mass market, while Idea Cellular would gain from Vodafone’s strength in the...

On 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.

The 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 has hinted that it may pay the tax, but warned that such a move will have backlash on Indian cos doing similar transactions overse...