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Idea-Vodafone India merger creates leader with 42% market share

Britain's Vodafone Group's Indian subsidiary and Aditya Birla Group's Idea Cellular, after eight months of discussion, have merged to create a new market leader better able to contest a brutal price war. The merger, expected to be completed in 2018, was necessitated due to the launch of Jio...

iWorld Telecom
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Campaign for investor awareness 'Sahi Hai'

MUMBAI: Association of Mutual Funds in India (AMFI), the trade association of Asset Management Companies (AMCs) of all Mutual Funds in India today launched a comprehensive media and communication campaign, as a part of the mutual fund industry’s investor awareness outreach program, that is aimed to...

MAM Media and Advertising Ad Campaigns
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RCOM gets SEBI approval for demerger of wireless biz into Aircel

Reliance Communications has received approval of the Securities and Exchange Board of India (SEBI), BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) for the proposed scheme of arrangement for demerger of the wireless division of the company into Aircel Limited and Dishnet...

iWorld Telecom
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IndusInd Media board gives nod for rights issue

Hinduja Ventures Limited has informed the Bombay Stock Exchange Limited pursuant to Regulation 30(9) and 30(12) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Board of Directors of the company noted that IndusInd Media & Communications Limited, a...

Cable TV Multi System Operators
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Siti Network looks to raise $100 million

Essel group multisystem operator (MSO) Siti Network has plans to raise $100 million though an issue of securities and/or equity related instruments. The company informed the Bombay Stock Exchange (BSE) that it needs the money to fund its operations. It has an ambitious plan to further expand...

Cable TV Multi System Operators

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