Vodafone-Idea largest telco in India beats Airtel
Friday, August 31, 2018, 3:13 PM
After getting clearance from the National Company Law Tribunal, Aditya Birla Group announced that Vodafone India and Idea Cellular have completed the merger to replace Airtel as India's largest telecom company. The combined entity boasts of 408 million active subscribers with a 32.2% revenue market share. Vodafone and Idea will continue to operate independently post the merger.
Samara Capital in talks to buy ABRL Group's for Rs.2,500 crore
Thursday, May 24, 2018, 9:51 AM
Samara Capital is in advanced talks to buy Aditya Birla Retails (ABRL) supermarket chain More for about Rs.2,500 crore, people with knowledge of the development. The fourth-largest supermarket chain in the country after Future Group, Reliance Retail and DMart, ABRL ended the last fiscal with 493 More branded supermarkets and 20 hypermarkets, covering more than 2 m sq ft of retail space.