{"id":300823,"date":"2018-07-26T15:14:13","date_gmt":"2018-07-26T15:14:13","guid":{"rendered":"http:\/\/tehelka.com\/?p=300823"},"modified":"2018-07-26T15:14:13","modified_gmt":"2018-07-26T15:14:13","slug":"government-gives-final-approval-to-vodafone-idea-merger","status":"publish","type":"post","link":"https:\/\/tehelka.com\/government-gives-final-approval-to-vodafone-idea-merger\/","title":{"rendered":"Government gives final approval to Vodafone-Idea merger"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-300824 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/07\/vodide-300x115.jpg\" alt=\"\" width=\"618\" height=\"237\" srcset=\"https:\/\/tehelka.com\/media\/2018\/07\/vodide-300x115.jpg 300w, https:\/\/tehelka.com\/media\/2018\/07\/vodide-768x293.jpg 768w, https:\/\/tehelka.com\/media\/2018\/07\/vodide-696x266.jpg 696w, https:\/\/tehelka.com\/media\/2018\/07\/vodide.jpg 901w\" sizes=\"(max-width: 618px) 100vw, 618px\" \/>The Government <span class=\"aBn\" tabindex=\"0\" data-term=\"goog_177051144\"><span class=\"aQJ\">on Thursday<\/span><\/span> gave its final approval for the mega-merger between Vodafone and Idea Cellular.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The go-ahead for Vodafone Idea, came days after Idea Cellular and Vodafone India made a joint payment of\u00a0Rs.\u00a07,268.78 crore &#8216;under protest&#8217; to the Department of Telecom DoT.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The merger, to be acknowledged as Vodafone Idea, will make India&#8217;s largest mobile-operator with 35 percent market share and about 430 million subscribers. It will also help the firm to compete with billionaire Mukesh Ambani&#8217;s Reliance Jio Infocomm Ltd.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">To complete the merger&#8217;s formalities, the entities will now approach the Registrar of Companies (RoC) for further arrangements.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government on Thursday gave its final approval for the mega-merger between Vodafone and Idea Cellular.\u00a0 The go-ahead for Vodafone Idea, came days after Idea Cellular and Vodafone India made a joint payment of\u00a0Rs.\u00a07,268.78 crore &#8216;under protest&#8217; to the Department of Telecom DoT. The merger, to be acknowledged as Vodafone Idea, will make India&#8217;s largest [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":300824,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[167],"tags":[3871,3872,3870],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/300823"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=300823"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/300823\/revisions"}],"predecessor-version":[{"id":300825,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/300823\/revisions\/300825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/300824"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=300823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=300823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=300823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}