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Latest Articles in Vodafone Idea merger
Ind-Ra Downgrades Vodafone Idea, NCDs To IND B
Ind-Ra said it believes Vodafone Idea does not have the ability to pay the dues, given the lack of clarity on promoter equity infusion, severe erosion in refinancing flexibility and insufficient cash balance
Read MoreVodafone Idea Plans $3.6 Billion Stock Sale At Sharp Discount; Shares Tumble
The deal is the second major fundraising by an Indian telco this year after Bharti Airtel Ltd announced a similar plan to reduce debt and fund operations in a market blighted by steep price competition
Read MoreGovt Gives Final Nod To Vodafone-Idea Merger, India's Largest telco Created
The new telecom behemoth -- Vodafone Idea Limited -- will dislodge Bharti Airtel, the current market leader with 344 million customers from its pole position
Read MoreIdea-Vodafone Deal Gets Conditional Go-Ahead From Sebi, Bourses
The multi-layered deal was announced in March and recently got clearance from the fair trade regulator CCI
Read MoreCompetition For Jio As Vodafone-Idea Cellular Merger Gets CCI Nod
"The $23 billion transaction is the largest transaction by value in the history of Indian M&A," it said in a statement
Read More