Breaking News Idea might get merged with Vodafone

Pingu

Frequent Flyer
Okay I see it now on CNBC-TV 18, it says "exploratory" phase of the merger. Also says that Idea is calling this a rumor baseless and false.
 

Prateek Marwadi

EntMnt Rockers
Finest Member
Okay I see it now on CNBC-TV 18, it says "exploratory" phase of the merger. Also says that Idea is calling this a rumor baseless and false.
the same was with dish tv n d2h.
the same was with hdfc life n max life insurance
so bro.... generally companies say that this is false but share market never reacts positively on false news.
 

Deepu

EntMnt Legend
Finest Member
I am going to change the subject line a bit - "Idea might get merged with Vodafone" as it is still not confirmed
 

Pingu

Frequent Flyer
bro... Idea is falling bcoz its a highly debt company and lower leverage ratio.
so whenever u get profit, just get rid of this stock.

OLX pe BechDe [Sorry couldn't help it :p]

Idea is still doing profit although below expectation, it still is. This could be a Vodafone' strategy to gain the market share, but it is unfair and will hardly clear regulatory boards concerns.
 
Top