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Vodafone India and Idea Cellular Merger May Get Department of Telecom Approval Today

The merger of Vodafone India and Idea Cellular is expected to be approved today by the Department of Telecom (DoT). In the new entity, Vodafone will own 45.1 per cent while Aditya Birla Group would have 26 per cent. Idea shareholders will have the ... read more

Vodafone-Idea Merger Likely To Get DoT's Approval Tomorrow: Report

7. On October 13 last year, shareholders of Idea Cellular gave their approval to the scheme relating to the merger of its mobile business with Vodafone India. Over 99 per cent of Idea shareholders voted in favour of the merger at the shareholders' meeting ... read more

Idea shares rise on expected DoT nod for Vodafone India merger

DoT's expected nod for Idea -Vodafone merger pushes shares of Idea Cellular ... India’s merger into Bharti Airtel without the submission of a bank guarantee for the OTSC dues. Idea has called for a meeting of its shareholders on June 26 to approve ... read more

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Telecom department likely to approve Vodafone-Idea merger today

Idea and Vodafone have decided to combine their operations to create the country's largest telecom operator. The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular ... cent market share and a ... read more

Idea Cellular share price rallies 4% as DoT may soon make way for India's biggest telecom giant

Idea Cellular share price added over 4 per cent on Monday after reports came that the telecom department is likely to approve the merger of Vodafone India and Idea Cellular that will create the country's largest mobile service operator with proposed name ... read more

DoT seeks Rs 21 bn bank guarantee from Idea to clear merger with Vodafone

Idea and Vodafone have decided to combine their operations to create the country's largest telecom operator worth over $23 billion, with a 35 per cent market share ... approval came as a major milestone in the merger process of Vodafone India with Idea ... read more

Vodafone plans to infuse $1.3 billion into India operations ahead of merger with Idea

MUMBAI (NewsRise) -- Vodafone Group plans to inject 1 billion pounds ($1.3 billion) into its Indian arm ahead of the completion of its merger with smaller rival Idea Cellular ... India operations as it pumped in billions of dollars to retain a formidable ... read more

DoT may demand payment of Rs2,100-cr dues for clearing Vodafone-Idea merger

The merger of Idea and Vodafone will create India’s largest and the world’s second-largest mobile phone operator with over 400 million subscribers and a 35 per cent market share ... that the Telecom Department has approved raising the foreign direct ... read more

Idea shareholders approve scheme of merger with Vodafone India

Shareholders of telecom operator Idea Cellular have approved the scheme relating to the merger of its mobile business with Vodafone India, a regulatory filing showed. Over 99 % of Idea shareholders voted in favour of the merger at the shareholders ... read more

Idea shareholders approve scheme of merger with Vodafone India

New Delhi: Shareholders of telecom operator Idea Cellular have approved the scheme relating to the merger of its mobile business with Vodafone India, a regulatory filing showed. Over 99 per cent of Idea shareholders voted in favour of the merger at the ... read more


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