Voda-Idea merger, Union Budget 2017, BSE listing- Weekly Digest #33

Monday-30th January 2017 Vodafone Group and Idea Cellular confirmed that they are in initial talks to merge the two entities, which will biggest consolidation in Indian Telecom History in a cashless deal. Both entities to hold equal rights in the new entity. Idea shot up 26% to ₹97.95 after the announcement. Jaguar Land Rover has suspended …