The combined Vodafone-Idea group will be India’s largest telecom operation with almost 400 million customers, or 35% market share.
J.S. Deepak’s transfer may have been prompted by his conflict with Reliance Jio and TRAI and reflects poorly on an already controversial, crony capitalism-prone sector.
Vodafone is in talks with Merrill Lynch, UBS and M&A boutique firm Rothschild for advisory roles, say sources.
Even as various Competition Commission hearings loom, a prominent US-based equity research group has effectively accused Reliance and the Modi government of crony capitalism.
The telecom regulator slaps a Rs, 3050 crore fine on Airtel, Vodafone and Idea while accusing them of stifling competition and engaging in anti-consumer behaviour.
Should you be compensated for call drops? TRAI wants to, but the Supreme Court and telecom operators don’t agree. Who is right?
Intelligence and police sources say that Guilio Regeni had been detained and transferred to a Homeland Security compound the day he vanished, but Egyptian officials have strongly denied involvement in his death.
India needs to bring about comprehensive structural and legal reforms to negotiate a balanced free trade agreement.
Auctions, whether at Christie’s or Sotheby’s for works of art, or of telecommunications spectrum by the government of India, are fascinating psychological games. When the interests of large competing corporate groups are involved, not surprisingly, allegations are aired of criminal intent by manipulation of rules. Even as the […]
Sometimes it appears that the Narendra Modi government does not want to succeed with its economic policies
The Finance Act, 2015 amended Section 6(3)(ii) of the Income Tax Act, 1961 to introduce a new test called ‘place of effective management’ (POEM) to determine when a company is a resident in India for tax purposes. This change targets foreign companies as companies incorporated in India are […]
London: Prime Minister Narendra Modi today arrived here on his maiden visit to the United Kingdom that will see him holding talks with top British leaders including his counterpart David Cameron. The Prime Minister flew into the British capital on his three-day visit with a hectic schedule aimed at boosting […]
In an intriguing case of abuse, a Bengaluru-based programmer was threatened with a criminal lawsuit for attempting to expose an avaricious program that violated net neutrality