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VODAFONE IDEA TAKEOVER
Vodafone Idea shares fall 4% as company denies takeover reportThe price action in the stock was accompanied by significant volume action as more than 24.93 crore shares changed hands on the NSE around ...- 'Strong possibility of govt owning over 70% in Voda Idea once moratorium ends, may limit equity funding'The government is already Vi’s largest shareholder with a 33.1% stake after it converted the telco’s accrued interest towards adjusted gros...
- Kumar Mangalam Birla "willing" to give up stake in Voda Idea for telco's survivalVi faces total AGR dues of Rs 58,254 crore, of which it has paid more than Rs7,800 crore, and is also staring at a potential $3.1 billion (...
- Market Movers: RIL-owned firms soar, Vodafone Idea plunges; 250 stocks hit 52-week lowSensex fell 161 points to 40,894 while NSE barometer Nifty was down 53 points to 11,992.
- Fear of cartelisation post telecom consolidation 'unfounded': COAIHe was responding to a query on whether three large private sector players left in the fray post-consolidation could trigger fears of a pos...
- Tata telco buy to help Airtel catch up with Idea-Vodafone: ExpertsMarket watchers have given a thumbs up to the acquisition that involve Airtel taking over the customers and spectrum of Tata Teleservices a...
- Idea-Vodafone deal gets conditional go-ahead from Sebi, boursesIdea has submitted a voluntary undertaking stating that it will comply with the directions of Sebi in respect of the ongoing examination.
- Vodafone, Idea expect merger to be completed in 2018Approvals from Securities & Exchange Board of India (Sebi) and National Company Law Tribunal (NCLT) are still pending.
- CCI gives unconditional nod to Vodafone-Idea mergerIdea Cellular confirmed the Competition Commission of India’s approval to the merger under sub section (1) of section 31 of the Competition...
- Idea climbs 3% as Sebi examines open offer in Vodafone mergerAs per the plan submitted to Sebi, Vodafone will initially hold a 50 per cent stake in the new combined entity.
- Vodafone-Idea merger: Sebi looks at open offer possibilityThe takeover code stipulates that if an entity acquires 25% of a listed firm, it has to make an open offer for an additional 26% from publi...
- Route Mobile acquires BPO Call2ConnectRoute Mobile has bought business process outsourcing company Call2Connect from Arabi Holding Group for an undisclosed amount.
- 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.
- ATC leads race for Idea Cellular’s telecom towersThe Aditya Birla flagship had reorganised its telecom towers portfolio last year with an eye on monetising the business.
- Open up for more foreign investmentIndia needs foreign inflow of capital. And overseas investors are more bullish than ever on India’s prospects of long term growth.
- Idea ready to ring in MumbaiTwo years after it first got the govt’s approval to launch wireless telephony services in the country’s financial capital, Aditya Birla gro...
- Beer hug: S&N's takeover comes under tax scannerRecent takeover of British brewer S&N by the consortium Carlsberg and Heineken is now under the scanner of the income-tax dept. Invest in w...
- IBM may get Vodafone call for IT dealIf it comes through, the contract will be the largest-ever outsourcing deal to be signed by an Indian operator.
- IBM may get Vodafone call for IT dealThe deal can be valued at about $1.6b and will be the largest IT deal to be signed by an Indian operator.
- Deal adds fuel to soaring valuations of local telcosIf Vodafone’s successful offer to acquire a majority stake in the Indian operations of HTIL is any indication, then the domestic telecom in...
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