CCI Approves Vodafone-Idea Merger

The competition commission of India has approved the largest merger deals in Telecom sector in India i.e. Vodafone and Idea.

The merged entity will be having more than 400 million subscribers.

The approvals from Securities & Exchange Board of India (Sebi) ​and National Company Law Tribunal (NCLT) ​are still pending. Once the approval received, the entity will be merges and K M Birla will be the chairman of the entity.

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