NCLT approves Idea-Vodafone merger: TV

Reuters 

(Reuters) - (NCLT) has approved the merger of Ltd and the Indian unit of Group Plc, according to television channels.

Idea, a part of the conglomerate, and signed a merger agreement last year, which could create the country's biggest

The merger followed a broader trend by India's network operators, who are rushing to consolidate amid a year-long price war sparked by the entry of billionaire Mukesh Ambani's

Idea was not immediately reachable, while had no immediate comment when contacted by

(Reporting By in Bengaluru; Additional reporting by in Edinburgh, Editing by Sherry Jacob-Phillips)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 30 2018. 16:44 IST