The current thinking is that the enterprise business will be run separately, as a lot of value needs to be created.

“They (Airtel and Tata executives) came to meet (about the merger). If they follow the process, there will be no delay from our end,” said ...

Rules have now changed on mergers and amalgamation, where it has to be first vetted by Sebi.

The telecom major said it has acquired the balance 26 per cent stake in Augere Wireless, making it a wholly-owned subsidiary of the company.

Vodafone operates in India through various subsidiaries. It has been trying for their merger since 2012 before launching its initial public...

In a letter to DoT, Reliance Jio and Infotel Telecom said that the latter had moved Mumbai HC in Feb seeking approval to merge with the hol...

Reliance Jio Infocomm has moved the Bombay High Court seeking approval for amalgamating its long distance services arm Infotel with itself.

ITL has filed company scheme petition with Bombay High Court for seeking approval of amalgamation, RJIL has said in the letter.

Reliance Jio is the only company with airwaves to offer 4G highspeed data and voice services in every part of the country.

Bharti Airtel may have to surrender 1.2 Mhz spectrum in the Mumbai circle if it wants to merge its unit Airtel Broadband Wireless (ABWL) wi...

Company had violated a clause that forbids sale of stakes by promoters within 3 years of getting licences and before meeting the mandatory ...

The government has said that the UK-based telco’s Indian unit should not view the “no-objection” as an approval for transfer of licences.

Goolam E Vahanvati said in a note to the telecom department, accessed by ET, that this solution would be ‘proper and effective way out'.

Currently, M&A tax benefits are limited to industrial undertakings and select services such as shipping, hotels, aircraft and banking.

The Global Services division has a workforce of around 50,000, over 150 clients and a diversified footprint with a presence in 10 countries.

UK-based Vodafone has asked the Indian stock exchange regulator to probe the sharp rise in the share price of India Securities, that has ri...

VSNL will hive off its retail Internet business unit into a subsidiary to simplify the holding structure and to allow for possible unlockin...