It may be the season for corporate matchmaking but India Inc’s record of managing partnerships is far from impressive, says Shailesh Dobhal. Illustration: Uttam Ghosh/Rediff.com. Sniff the air and the spring of corporate partnerships is unmissable. The biggest, of course, is the proposed cashless, all-share equal merger between one of the world’s leading telco’s India operations, Vodafone India, and the Aditya Birla Group firm, Idea Cellular. Then there is the RCom-Aircel ... Rediff.com, 1 month ago
Reliance Jio's entry into the domestic telecom sector has put its competitors on edge. In the six months since its launch on September 4, Jio, with its game-changing data packages has triggered off a price and data war. It is also coercing players to ...DNA, 1 month ago
While it was technically not possible to block the deal, the tax department could resort to arm-twisting. Image: A Vodafone store in central London. Photograph: Alessia Pierdomenico/Reuters. Vodafone Plc’s Rs 14,000-crore tax dispute with the government remains a key risk in the merger of its Indian subsidiary with Idea Cellular. The British telecom company had sought advice on how to deal with the retrospective tax in case it went ahead with the merger, tax experts said. “Apart ...Rediff.com, 1 month ago
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