Vodafone Group Plc

India: Aditya Birla Nuvo shareholders approve Grasim merger plan


Shareholders of Aditya Birla Nuvo Ltd, controlled by billionaire Kumar Mangalam Birla, approved plans for a merger with Grasim Industries Ltd that would create a firm with $9 billion in combined revenue. About 83% of ABNL minority shareholder votes cast were in favour of a proposal to merge with affiliate… Read more »

Vodafone India in talks to acquire Tikona Digital’s 4G spectrum

Vodafone, the second largest telecom operator in India, is learnt to be in discussions with Tikona Digital Networks to acquire the latter’s 4G spectrum as it braces up to expand its high-speed broadband network across the country, according to a report in The Economic Times. Vodafone India, subsidiary of UK’s… Read more »