M&A IN TELECOM LUCRATIVE EVEN IN SLOWING MARKETS

Even as the slowdown has taken toll on the merger and acquisition space, the Indian telecom growth story continues to buy investors’ confidence as the sector has accounted for 33% of the total M&A deals in the fiscal so far with the valuations crossing US$9.15bn.

India Infoline

IDEA DEAL GOOD FOR INVESTORS, CONSUMERS

The Idea-Spice merger brings is good news for shareholders as well as consumers of Idea and Spice, experts said. "The offer price and the deal is good for investors especially under current market conditions," said Phani Sekhar, fund manager at Angel Broking.

Yahoo News