Ashwin J Punnen
Voda calls Idea for merger in big shake-up Heralding consolidation in the $37 billion Indian telecom industry, Vodafone Group on Monday announced that it is in discussions with the Aditya Birla group to merge its Indian unit with Idea Cellular
Voda gets backdoor entry to bourse The all-stock deal will also allow Vodafone a backdoor listing in the Indian bourses.
More consolidation on cards The shake-up in the domestic telecom industry, triggered by the aggressive entry of Reliance Jio that offered free voice services for lifetime and data services for a limited period, is driving the in
Pharma stocks come under selling pressure as worries mount over Trump plans Pharma stocks continued to face selling pressure as investors worried over the impact of the Trump administration’s plans to curb drug prices in the US offloaded the stocks.
IT & pharma stocks hit by uncertainty as industry awaits clarity on new US policies The Trump administration’s declared protectionism appears to have spooked domestic IT and pharma stocks with both IT and pharma stocks becoming the biggest drag on the benchmark indices like Sensex an
Tax cuts, higher spending & maintaining fiscal deficit After the huge disruption caused by the demonitisation, brokerage houses are now expecting finance minister Arun Jaitley to play the role of a magician to get the economy back on the growth path.
Nothing much to cheer about Clouds of uncertainty hover over the Indian equity market as the economy grapples with the impact of demonetisation.