Britain's Vodafone Group today confirmed it is in discussion to merge its Indian unit with Idea Cellular in an all-share deal to create the country's largest telecom operator with 43 per cent revenue marketshare. The combined entity will pose formidable ... DNA, 3 weeks ago
Voda, Idea in talks to create India's largest telco - Deccan Herald, 3 weeks ago
By Jamie Freed and Donny Kwok SYDNEY/HONG KONG (Reuters) - DUET Group has agreed to recommend an increased $5.51 billion bid from a consortium led by Cheung Kong Infrastructure Holdings, in a deal that is likely to test Australia's appetite for foreign ...Sify, 1 month ago
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt. In what will lead to yet another multinational exit in the telecom space, Bharti Airtel on Thursday announced the acquisition of Telenor India. It’s a no-cash deal, which will see Norway’s telco packing up and leaving the country, as business had become unsustainable. While the companies refused to speak on the size of the deal, sources in the know pegged Bharti’s cost of ...Rediff.com, 2 days ago
By Kate Holton and Sankalp Phartiyal LONDON/MUMBAI (Reuters) - Britain's Vodafone Group confirmed on Monday it was in talks to merge its Indian subsidiary with local rival Idea Cellular in an all-share deal that would create a new market leader better able to ...Sify, 3 weeks ago As price war rages, Vodafone India seeks merger with rival Idea Cellular Sify, 3 weeks ago
CBDT circular issued last month had raised multiple taxation concerns. Foreign portfolio investors can now breathe easy, with the income-Tax department on Tuesday keeping in abeyance its controversial circular on taxing India-dedicated funds. Experts said clarity was necessary on the issue at the earliest so that FPIs were certain. They expect the finance ministry to amend the law in the Budget to put an end to the controversy. The circular, in the form of frequently asked questions ...Rediff.com, 1 month ago
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