独家
Vodafone-Idea合并:Sebi考虑公开收购的可能性
收购准则规定，如果一个实体收购了一家上市公司25%的股份，它必须向公众股东公开要约收购另外26%的股份。
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沃达丰Idea 20%的销售团队员工辞职
因此，沃达丰Idea目前正在寻找替代人选。该电信公司在其领英公司页面上列出了1905个职位空缺，如AGM -预付费营销专员，AGM -预付费营销，AGM -营销分析等。
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孟买:印度证券交易委员会（印度证券交易委员会)正在研究拟议中的合并是否沃达丰(Vodafone)印度和库马尔·曼加拉姆·比拉拥有的的想法根据收购规则，蜂窝将触发公开报价。据称，印度证券交易委员会还要求印度政府就收购Idea股票一事作出澄清皮拉尼投资和工业公司该公司是Aditya Birla Group的一部分。
根据提交给印度证券交易委员会的计划，在新的合并实体中，沃达丰最初将持有50%的股份，Aditya Birla集团和公众股东将分别持有21.1%和28.9%的股份。随后，沃达丰将向Aditya Birla Group出售4.9%的股份。这将使Aditya Birla集团的股份从21.1%上升到26%，从而跨过了公开收购的门槛。
一位知情人士表示:“Sebi正在研究，根据收购规则，该交易是否会引发(Aditya Birla Group)公开出价。”
收购准则规定，如果一个实体收购了一家上市公司25%的股份，它必须向公众股东公开要约收购另外26%的股份。
Finsec法律顾问公司(Finsec Law Advisors)创始人桑迪普•帕尔克(Sandeep Parekh)表示:“印度证券交易委员会在此类案件中表达了自己的担忧，即此类并购有可能绕过收购监管规定。”
“如果近一半股权转移到另一批人手中，并从单独控制转为共同控制，Sebi通常将法院批准的程序视为绕过股东退出权的一种手段。
然后，他们要么要求公开报价，要么在法庭上反对合并。”
4月18日，Idea Cellular向印度证券交易委员会提交了与沃达丰的合作计划。
Suvan Law Advisors合伙人苏米特•阿格拉瓦尔(Sumit Agrawal)表示:“近来，印度证监会对收购协议的审查越来越严格。”“这要归功于创新行业结构和协议起草，多次计划方便的结构以提高间接股权，获得控制权或允许潜在收购方通过期权获得股权，从而完全避免公开要约义务。”
根据协议，沃达丰将以390亿卢比现金的价格将4.9%的股份转让给Aditya Birla集团，并在合并完成的同时拥有合并后公司45.1%的股份。
Aditya Birla集团将拥有合并后公司26%的股份，Idea的其他股东将拥有剩余28.9%的股份。
除此之外，它还可以根据一项商定的机制从沃达丰手中再收购9.5%的股份，以便在一段时间内实现股权均等。
Idea在文件中表示:“如果Aditya Birla集团不平衡其股权，沃达丰将减持其股权，以使其所有权与Aditya Birla集团相等。”“在实现平等之前，沃达丰所持的额外股份将受到限制，投票将根据股东协议条款共同行使。”
监管机构还要求获得有关Pilani Investment购买Idea股票的信息。
据称，Aditya Birla集团投资公司在去年11月18日至12月6日期间，以平均每股71.7卢比的价格，以58.59亿卢比的价格在二级市场收购了820万股Idea股票。
沃达丰集团今年1月30日向伦敦证券交易所表示，它正在与Aditya Birla集团就沃达丰印度和Idea的全股票合并进行讨论。
随后，Idea股价从77.80卢比飙升26%至97.75卢比。据了解，证券交易所已经就这方面向印度证券交易委员会提交了报告。
记者无法联系到Aditya Birla集团置评。沃达丰没有置评。记者发送给Sebi的电子邮件没有得到回复。
一位知情人士表示:“该公司必须就这两个问题向印度证监会作出解释。”
阿格拉瓦尔表示，印度证券交易委员会的内幕交易规定将责任推给了“有关联的独立公司，它们必须证明自己是清白的，也不能从收购方或目标公司获得内幕信息。”印度证券交易所和证券交易所的监控警报系统在并购公告发布前至少一个季度检查股价和交易量，以确定可能的内幕交易。”
还读:Sana Securities的Rajat Sharma表示，无论是Idea-Voda还是Bharti-Tata，我都相当不看好电信行业的整合
根据提交给印度证券交易委员会的计划，在新的合并实体中，沃达丰最初将持有50%的股份，Aditya Birla集团和公众股东将分别持有21.1%和28.9%的股份。随后，沃达丰将向Aditya Birla Group出售4.9%的股份。这将使Aditya Birla集团的股份从21.1%上升到26%，从而跨过了公开收购的门槛。
一位知情人士表示:“Sebi正在研究，根据收购规则，该交易是否会引发(Aditya Birla Group)公开出价。”
收购准则规定，如果一个实体收购了一家上市公司25%的股份，它必须向公众股东公开要约收购另外26%的股份。
Finsec法律顾问公司(Finsec Law Advisors)创始人桑迪普•帕尔克(Sandeep Parekh)表示:“印度证券交易委员会在此类案件中表达了自己的担忧，即此类并购有可能绕过收购监管规定。”
“如果近一半股权转移到另一批人手中，并从单独控制转为共同控制，Sebi通常将法院批准的程序视为绕过股东退出权的一种手段。
然后，他们要么要求公开报价，要么在法庭上反对合并。”
4月18日，Idea Cellular向印度证券交易委员会提交了与沃达丰的合作计划。
Suvan Law Advisors合伙人苏米特•阿格拉瓦尔(Sumit Agrawal)表示:“近来，印度证监会对收购协议的审查越来越严格。”“这要归功于创新行业结构和协议起草，多次计划方便的结构以提高间接股权，获得控制权或允许潜在收购方通过期权获得股权，从而完全避免公开要约义务。”
根据协议，沃达丰将以390亿卢比现金的价格将4.9%的股份转让给Aditya Birla集团，并在合并完成的同时拥有合并后公司45.1%的股份。
除此之外，它还可以根据一项商定的机制从沃达丰手中再收购9.5%的股份，以便在一段时间内实现股权均等。
Idea在文件中表示:“如果Aditya Birla集团不平衡其股权，沃达丰将减持其股权，以使其所有权与Aditya Birla集团相等。”“在实现平等之前，沃达丰所持的额外股份将受到限制，投票将根据股东协议条款共同行使。”
监管机构还要求获得有关Pilani Investment购买Idea股票的信息。
据称，Aditya Birla集团投资公司在去年11月18日至12月6日期间，以平均每股71.7卢比的价格，以58.59亿卢比的价格在二级市场收购了820万股Idea股票。
沃达丰集团今年1月30日向伦敦证券交易所表示，它正在与Aditya Birla集团就沃达丰印度和Idea的全股票合并进行讨论。
随后，Idea股价从77.80卢比飙升26%至97.75卢比。据了解，证券交易所已经就这方面向印度证券交易委员会提交了报告。
记者无法联系到Aditya Birla集团置评。沃达丰没有置评。记者发送给Sebi的电子邮件没有得到回复。
一位知情人士表示:“该公司必须就这两个问题向印度证监会作出解释。”
阿格拉瓦尔表示，印度证券交易委员会的内幕交易规定将责任推给了“有关联的独立公司，它们必须证明自己是清白的，也不能从收购方或目标公司获得内幕信息。”印度证券交易所和证券交易所的监控警报系统在并购公告发布前至少一个季度检查股价和交易量，以确定可能的内幕交易。”
还读:Sana Securities的Rajat Sharma表示，无论是Idea-Voda还是Bharti-Tata，我都相当不看好电信行业的整合
MUMBAI: The Securities and Exchange Board of India<\/a> (Sebi<\/a>) is examining whether the proposed merger between Vodafone<\/a> India and the Kumar Mangalam Birla-owned Idea<\/a> Cellular will trigger an open offer under the takeover rules. Sebi is also said to have asked for clarifications regarding purchases of Idea stock by Pilani Investment and Industries Corp<\/a>, part of the Aditya Birla Group, ahead of an official announcement regarding merger discussions.
As per the plan submitted to Sebi, in the new combined entity, Vodafone will initially hold a 50% stake, while the Aditya Birla Group and public shareholders will hold 21.1% and 28.9%, respectively. Vodafone will then divest a 4.9% stake to the Aditya Birla Group. This will take the Aditya Birla Group\u2019s stake from 21.1% to 26%, thus crossing the threshold for an open offer.
\u201cSebi is examining whether the deal would trigger an open offer (by the Aditya Birla Group) under the takeover code,\u201d said a person familiar with the development.
As per the plan submitted to Sebi, in the new combined entity, Vodafone will initially hold a 50% stake, while the Aditya Birla Group and public shareholders will hold 21.1% and 28.9%, respectively. Vodafone will then divest a 4.9% stake to the Aditya Birla Group. This will take the Aditya Birla Group\u2019s stake from 21.1% to 26%, thus crossing the threshold for an open offer.
\u201cSebi is examining whether the deal would trigger an open offer (by the Aditya Birla Group) under the takeover code,\u201d said a person familiar with the development.
<\/div><\/div>![\"Vodafone-Idea](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
The takeover code stipulates that if an entity acquires 25% of a listed firm, it has to make an open offer for an additional 26% from public shareholders.
\u201cSebi\u2019s concern, which it expresses in cases like these, is the possibility of such a merger bypassing the takeover regulations,\u201d said Sandeep Parekh, founder of Finsec Law Advisors.
\u201cWhere nearly half the shareholding is moving into another set of hands and with a movement from sole to joint control, usually Sebi sees a court-approved process as a means to bypass shareholders\u2019 exit rights.
They will then either ask for an open offer to be made or oppose the merger in court.\u201d
Idea Cellular submitted the scheme of arrangement with Vodafone to Sebi on April 18.
\u201cThere is an increasing scrutiny of acquisition agreements at Sebi\u2019s end these days,\u201d said Sumit Agrawal, partner, Suvan Law Advisors. \u201c(That\u2019s) thanks to innovative industry<\/a> structures and agreement drafting, where convenient structures are planned many times to enhance indirect equity stakes, attain controlling rights or allow potential acquirers to acquire equity stakes through options, thereby avoiding the open offer obligation altogether.\u201d
Under the agreement, Vodafone will own 45.1% of the combined company after transferring a 4.9% stake to the Aditya Birla Group for Rs 3,900 crore in cash, concurrent with completion of the merger.
The takeover code stipulates that if an entity acquires 25% of a listed firm, it has to make an open offer for an additional 26% from public shareholders.
\u201cSebi\u2019s concern, which it expresses in cases like these, is the possibility of such a merger bypassing the takeover regulations,\u201d said Sandeep Parekh, founder of Finsec Law Advisors.
\u201cWhere nearly half the shareholding is moving into another set of hands and with a movement from sole to joint control, usually Sebi sees a court-approved process as a means to bypass shareholders\u2019 exit rights.
They will then either ask for an open offer to be made or oppose the merger in court.\u201d
Idea Cellular submitted the scheme of arrangement with Vodafone to Sebi on April 18.
\u201cThere is an increasing scrutiny of acquisition agreements at Sebi\u2019s end these days,\u201d said Sumit Agrawal, partner, Suvan Law Advisors. \u201c(That\u2019s) thanks to innovative industry<\/a> structures and agreement drafting, where convenient structures are planned many times to enhance indirect equity stakes, attain controlling rights or allow potential acquirers to acquire equity stakes through options, thereby avoiding the open offer obligation altogether.\u201d
Under the agreement, Vodafone will own 45.1% of the combined company after transferring a 4.9% stake to the Aditya Birla Group for Rs 3,900 crore in cash, concurrent with completion of the merger.
<\/div><\/div>The Aditya Birla Group will then own 26% of the combined company and Idea\u2019s other shareholders will own the remaining 28.9% stake.
Beyond this, it can pick up another 9.5% stake from Vodafone under an agreed mechanism with a view to equalising the shareholdings over time.
\u201cIf the Aditya Birla Group does not equalise its stake, Vodafone will reduce its holding in order to equalise its ownership with that of the Aditya Birla Group,\u201d Idea said in the filing. \u201cUntil equalisation is achieved, the additional shares held by Vodafone will be restricted and votes will be exercised jointly under the terms of the shareholders' agreement.\u201d
The regulator has also sought information on purchases of Idea stock by Pilani Investment.
The Aditya Birla Group investment company is said to have acquired 8.2 million Idea shares in the secondary market between November 18 and December 6 last year for Rs 58.59 crore at an average cost of Rs 71.70 apiece.
The Vodafone Group told the London Stock Exchange on January 30 this year that it was in discussions with the Aditya Birla Group about an all-share merger of Vodafone India and Idea.
Following this, the Idea stock surged 26% to Rs 97.75 from Rs 77.80. It is learnt that stock exchanges have submitted their report to Sebi in this regard.
The Aditya Birla Group was unavailable for comment. Vodafone offered no comment. An email sent to Sebi went unanswered.
\u201cThe company will have to give an explanation on both these issues to Sebi,\u201d said a person familiar with the development.
Agrawal said Sebi\u2019s insider trading regulations put the onus on a \u201cconnected separate company to provide its innocence and inability to access inside information from an acquirer or a target company. Surveillance alert system of Sebi as well as stock exchanges examines the stock prices and the trading volume in at least an immediate preceding quarter before a merger or acquisition announcement, to ascertain possible insider trading.\u201d
Also Read: Whether Idea-Voda or Bharti-Tata, I am fairly negative on telecom sector consolidation: Rajat Sharma, Sana Securities<\/strong><\/a><\/div><\/div>
Beyond this, it can pick up another 9.5% stake from Vodafone under an agreed mechanism with a view to equalising the shareholdings over time.
\u201cIf the Aditya Birla Group does not equalise its stake, Vodafone will reduce its holding in order to equalise its ownership with that of the Aditya Birla Group,\u201d Idea said in the filing. \u201cUntil equalisation is achieved, the additional shares held by Vodafone will be restricted and votes will be exercised jointly under the terms of the shareholders' agreement.\u201d
The regulator has also sought information on purchases of Idea stock by Pilani Investment.
The Aditya Birla Group investment company is said to have acquired 8.2 million Idea shares in the secondary market between November 18 and December 6 last year for Rs 58.59 crore at an average cost of Rs 71.70 apiece.
The Vodafone Group told the London Stock Exchange on January 30 this year that it was in discussions with the Aditya Birla Group about an all-share merger of Vodafone India and Idea.
Following this, the Idea stock surged 26% to Rs 97.75 from Rs 77.80. It is learnt that stock exchanges have submitted their report to Sebi in this regard.
The Aditya Birla Group was unavailable for comment. Vodafone offered no comment. An email sent to Sebi went unanswered.
\u201cThe company will have to give an explanation on both these issues to Sebi,\u201d said a person familiar with the development.
Agrawal said Sebi\u2019s insider trading regulations put the onus on a \u201cconnected separate company to provide its innocence and inability to access inside information from an acquirer or a target company. Surveillance alert system of Sebi as well as stock exchanges examines the stock prices and the trading volume in at least an immediate preceding quarter before a merger or acquisition announcement, to ascertain possible insider trading.\u201d
Also Read: Whether Idea-Voda or Bharti-Tata, I am fairly negative on telecom sector consolidation: Rajat Sharma, Sana Securities<\/strong><\/a><\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","HashCode":{"minfo":"-10526927","minfoseo":"-10526927"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"GEPositiveNewsFlag":{"minfo":"1","minfoseo":"1"},"canonicalURL":{"minfo":"http:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/vodafone-idea-merger-sebi-looks-at-open-offer-possibility\/articleshow\/59568774.cms","minfoseo":"http\/economictimes-indiatimes-com\/markets\/stocks\/news\/vodafone-idea-merger-sebi-looks-at-open-offer-possibility\/articleshow\/59568774-cms"},"key":{"0":{"keyid":"35210","value":"sebi","smid":"0","keynameseo":"sebi","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"4119217","value":"Vodafone Idea Merger","smid":"0","keynameseo":"Vodafone-Idea-Merger","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"15492","value":"Vodafone","smid":"0","keynameseo":"Vodafone","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"6355630","value":"Securities and Exchange Board of India","smid":"0","keynameseo":"Securities-and-Exchange-Board-of-India","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"4757980","value":"Pilani Investment and Industries Corp","smid":"0","keynameseo":"Pilani-Investment-and-Industries-Corp","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"6354955","value":"Kumar mangalam birla","smid":"0","keynameseo":"Kumar-mangalam-birla","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"41511","value":"idea","smid":"0","keynameseo":"idea","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":[{"artau":"Reena Zachariah","aunameseo":"reena-zachariah","artauid":"479200600","artauemail":"reenazac@gmail.com","auFullName":"Reena Zachariah","pubname":"ET","designame":"Editor","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":[]}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"},{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479212895","artauemail":"devinasengupta@gmail.com","auFullName":"Devina Sengupta","pubname":"ET","designame":"Senior Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaET","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}]},"similarlytagged":[{"msid":"95926810","stname":"Tata Play becomes first Indian co to make confidential pre-filing for IPO","artsyn":"The Tata group firm filed documents with Sebi, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 29. The firm advertised the move in some leading daily newspapers on Thursday. ET in its November 11 edition was the first to report about this development.","seolocation":"telecomnews\/tata-play-becomes-first-indian-co-to-make-confidential-pre-filing-for-ipo","seolocationalt":"Tata Play becomes first Indian co to make confidential pre-filing for IPO","url_seo":"tata-play-becomes-first-indian-co-to-make-confidential-pre-filing-for-ipo"},{"msid":"95746539","stname":"Data protection bill will make justice accessible to all: Vaishnaw","artsyn":"\"The data protection bill clearly mentions it will be an independent body which will perform in a particular way which will automatically guarantee its independence,\" Vaishnaw said.","seolocation":"telecomnews\/data-protection-bill-will-make-justice-accessible-to-all-vaishnaw","seolocationalt":"Data protection bill will make justice accessible to all: Vaishnaw","url_seo":"data-protection-bill-will-make-justice-accessible-to-all-vaishnaw"},{"msid":"95438840","stname":"Tata Play primed to be 1st Indian co to file confidential filing with Sebi for IPO","artsyn":"New guidelines expected in next 7-10 days; Co looks to raise $300 mn. Rules help tech cos withhold sensitive data from rivals, investors. Disney, Temasek likely to get partial to full exit.","seolocation":"telecomnews\/tata-play-primed-to-be-1st-indian-co-to-file-confidential-filing-with-sebi-for-ipo","seolocationalt":"Tata Play primed to be 1st Indian co to file confidential filing with Sebi for IPO","url_seo":"tata-play-primed-to-be-1st-indian-co-to-file-confidential-filing-with-sebi-for-ipo"},{"msid":"94985803","stname":"India's SEBI clears govt proposal to turn Vodafone Idea dues into equity: Sources","artsyn":"Last year, India had approved a rescue package for debt-strapped telecom companies that allowed them to convert interest on deferred adjusted gross revenue owed to the government into equity.","seolocation":"telecomnews\/indias-sebi-clears-govt-proposal-to-turn-vodafone-idea-dues-into-equity-sources","seolocationalt":"India's SEBI clears govt proposal to turn Vodafone Idea dues into equity: Sources","url_seo":"indias-sebi-clears-govt-proposal-to-turn-vodafone-idea-dues-into-equity-sources"},{"msid":"94546085","stname":"Vodafone Idea in talks with Indus Towers for softer payment terms","artsyn":"\u201cWe wish to inform that Indus Towers is one of the large vendors who provides passive infrastructure services to the company\u2026the company has been in discussion with Indus for softer payment terms, which are continuing, but have not been concluded as yet,\u201d Vi said in a late Thursday evening response to a BSE query.","seolocation":"telecomnews\/vodafone-idea-in-talks-with-indus-towers-for-softer-payment-terms","seolocationalt":"Vodafone Idea in talks with Indus Towers for softer payment terms","url_seo":"vodafone-idea-in-talks-with-indus-towers-for-softer-payment-terms"},{"msid":"94074092","stname":"Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above","artsyn":"Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share.","seolocation":"telecomnews\/govt-to-acquire-vodafone-idea-stake-after-share-price-stabilises-at-rs-10-or-above","seolocationalt":"Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above","url_seo":"govt-to-acquire-vodafone-idea-stake-after-share-price-stabilises-at-rs-10-or-above"},{"msid":"93960241","stname":"Minority holder taps Sebi on Hinduja tech company merger","artsyn":"In a letter to Sebi end July, the minority shareholders have written seeking the regulator to prevent \u201cmis-governance, protect the rights of shareholders, and ensure the compliance of listing obligations and other SEBI regulations.\u201d","seolocation":"telecomnews\/minority-holder-taps-sebi-on-hinduja-tech-company-merger","seolocationalt":"Minority holder taps Sebi on Hinduja tech company merger","url_seo":"minority-holder-taps-sebi-on-hinduja-tech-company-merger"},{"msid":"92532422","stname":"Sebi penalises Bharti Infratel for flouting regulatory norms","artsyn":"As the shares acquired through the secondary market were locked in for a period of six months under the rules, the company instead issued fresh shares in FY 2015-16 against options that were exercised by employees.","seolocation":"telecomnews\/sebi-penalises-bharti-infratel-for-flouting-regulatory-norms","seolocationalt":"Sebi penalises Bharti Infratel for flouting regulatory norms","url_seo":"sebi-penalises-bharti-infratel-for-flouting-regulatory-norms"},{"msid":"92348565","stname":"Sebi slaps Rs 30 lakh fine on Reliance, 2 others for not promptly disclosing Jio-FB deal","artsyn":"\"I find that the news pertaining JIO Facebook deal came out on March 24 and 25, 2020, and the information to the stock exchanges about the media release titled \"Facebook to invest Rs 43,574 crore in Jio Platforms for a 9.99 per cent stake\" was made on April 22, 2020, i.e. after 28 days and this calls for an appropriate penalty,\" Sebi Adjudicating Officer Barnali Mukherjee said in an order.","seolocation":"telecomnews\/sebi-slaps-rs-30-lakh-fine-on-reliance-2-others-for-not-promptly-disclosing-jio-fb-deal","seolocationalt":"Sebi slaps Rs 30 lakh fine on Reliance, 2 others for not promptly disclosing Jio-FB deal","url_seo":"sebi-slaps-rs-30-lakh-fine-on-reliance-2-others-for-not-promptly-disclosing-jio-fb-deal"},{"msid":"92184029","stname":"Bharat FIH IPO gets SEBI nod of approval","artsyn":"Separately, market regulator SEBI has also sought clarifications from Lava Mobiles for its Rs 1500 crore IPO. The Noida-based smartphone brand and contract manufacturer had filed the draft prospectus in September 2021 that stated a fresh issue of equity shares worth Rs 500 crore, and an offer for sale component of 43,727,603 equity shares.","seolocation":"telecomnews\/foxconns-bharat-fih-gets-sebi-nod-to-float-rs-5000-cr-ipo","seolocationalt":"Bharat FIH IPO gets SEBI nod of approval","url_seo":"foxconns-bharat-fih-gets-sebi-nod-to-float-rs-5000-cr-ipo"},{"msid":"92041596","stname":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","artsyn":"\"We came up with the concept of customer relationship manager for Agni series phones - Agni Mitra -where customers were allotted a dedicated person to handle any issue that they may face in their smartphones. We are now going to extend the same concept for our upcoming Blaze series. We are planning to start it with 2,000 personnel across India,\" Raina said.","seolocation":"telecomnews\/lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home","seolocationalt":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","url_seo":"lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home"},{"msid":"91912682","stname":"Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies","artsyn":"Under the revised framework, KRAs are required to identify and classify critical assets based on their sensitivity and criticality to business operations, services and data management.","seolocation":"telecomnews\/sebi-tweaks-cyber-security-cyber-resilience-framework-of-kyc-registration-agencies","seolocationalt":"Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies","url_seo":"sebi-tweaks-cyber-security-cyber-resilience-framework-of-kyc-registration-agencies"},{"msid":"91800875","stname":"Sebi exempts govt from making open offer to Vodafone Idea shareholders","artsyn":"\"Moreover, GoI has no intent to participate in the management or the Board of the VIL and there is going to be no change in control of the VIL. Further, such holding of GoI shall be classified as public shareholding,\" Sebi said while giving the exemption from making the open offer.","seolocation":"telecomnews\/sebi-exempts-govt-from-making-open-offer-to-vodafone-idea-shareholders","seolocationalt":"Sebi exempts govt from making open offer to Vodafone Idea shareholders","url_seo":"sebi-exempts-govt-from-making-open-offer-to-vodafone-idea-shareholders"},{"msid":"91636446","stname":"Airtel re-appoints Gopal Vittal as MD and CEO for 5 years","artsyn":"\"We wish to inform you that based on the recommendations of HR & nomination committee and subject to the approval of shareholders, the Board of Directors...has approved the re-appointment of Gopal Vittal, Managing Director designated as 'Managing Director & CEO' for a further period of five (5) years i.e. from February 01, 2023 to January 31, 2028,\" Airtel said in a notice to the stock exchanges.","seolocation":"telecomnews\/airtel-re-appoints-gopal-vittal-as-md-and-ceo-for-5-years","seolocationalt":"Airtel re-appoints Gopal Vittal as MD and CEO for 5 years","url_seo":"airtel-re-appoints-gopal-vittal-as-md-and-ceo-for-5-years"},{"msid":"90827650","stname":"PhonePe says it clocked 100 million transactions in a day for the first time","artsyn":"The company said it processes more than 2.5 billion transactions a month and has 165 million monthly active users.","seolocation":"telecomnews\/phonepe-says-it-clocked-100-million-transactions-in-a-day-for-the-first-time","seolocationalt":"PhonePe says it clocked 100 million transactions in a day for the first time","url_seo":"phonepe-says-it-clocked-100-million-transactions-in-a-day-for-the-first-time"},{"msid":"89424930","stname":"We are going into a dotcom bust after almost 22 years: Rajeev Thakkar","artsyn":"\u201cWe are going into a dotcom bust kind of thing after almost 20-22 years and there will be a segregation of people who deliver really good businesses versus people who just are burning cash and will flame out.\u201d","seolocation":"telecomnews\/we-are-going-into-a-dotcom-bust-after-almost-22-years-rajeev-thakkar","seolocationalt":"We are going into a dotcom bust after almost 22 years: Rajeev Thakkar","url_seo":"we-are-going-into-a-dotcom-bust-after-almost-22-years-rajeev-thakkar"},{"msid":"89154176","stname":"BoAt-owner Imagine Marketing files papers for Rs 2,000-cr IPO","artsyn":"The payment of debt will assist the company in maintaining a favourable debt to equity ratio and enable the utilisation of its internal accruals for further investment in business growth and expansion.","seolocation":"telecomnews\/boat-owner-imagine-marketing-files-papers-for-rs-2000-cr-ipo","seolocationalt":"BoAt-owner Imagine Marketing files papers for Rs 2,000-cr IPO","url_seo":"boat-owner-imagine-marketing-files-papers-for-rs-2000-cr-ipo"},{"msid":"88443565","stname":"Asianet Satellite Communications files draft papers for Rs 765 cr IPO","artsyn":"The IPO consists of a fresh issue of equity shares aggregating to Rs 300 crore, and an offer for sale of up to Rs 465 crore by Hathway Investments Private Limited, according to the draft red herring prospectus (DRHP).","seolocation":"telecomnews\/asianet-satellite-communications-files-draft-papers-for-rs-765-cr-ipo","seolocationalt":"Asianet Satellite Communications files draft papers for Rs 765 cr IPO","url_seo":"asianet-satellite-communications-files-draft-papers-for-rs-765-cr-ipo"},{"msid":"87352571","stname":"Personal Data Bill panel takes input from officials, companies","artsyn":"The panel, headed by BJP member of parliament PP Chaudhary, is likely to submit the report in the upcoming winter session of Parliament.","seolocation":"telecomnews\/personal-data-bill-panel-takes-input-from-officials-companies","seolocationalt":"Personal Data Bill panel takes input from officials, 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The Noida-based smartphone brand and contract manufacturer had filed the draft prospectus in September 2021 that stated a fresh issue of equity shares worth Rs 500 crore, and an offer for sale component of 43,727,603 equity shares.","seolocation":"telecomnews\/foxconns-bharat-fih-gets-sebi-nod-to-float-rs-5000-cr-ipo","seolocationalt":"Bharat FIH IPO gets SEBI nod of approval","url_seo":"foxconns-bharat-fih-gets-sebi-nod-to-float-rs-5000-cr-ipo"},"92041596":{"msid":"92041596","stname":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","artsyn":"\"We came up with the concept of customer relationship manager for Agni series phones - Agni Mitra -where customers were allotted a dedicated person to handle any issue that they may face in their smartphones. We are now going to extend the same concept for our upcoming Blaze series. We are planning to start it with 2,000 personnel across India,\" Raina said.","seolocation":"telecomnews\/lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home","seolocationalt":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","url_seo":"lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home"},"91912682":{"msid":"91912682","stname":"Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies","artsyn":"Under the revised framework, KRAs are required to identify and classify critical assets based on their sensitivity and criticality to business operations, services and data management.","seolocation":"telecomnews\/sebi-tweaks-cyber-security-cyber-resilience-framework-of-kyc-registration-agencies","seolocationalt":"Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies","url_seo":"sebi-tweaks-cyber-security-cyber-resilience-framework-of-kyc-registration-agencies"},"91800875":{"msid":"91800875","stname":"Sebi exempts govt from making open offer to Vodafone Idea shareholders","artsyn":"\"Moreover, GoI has no intent to participate in the management or the Board of the VIL and there is going to be no change in control of the VIL. Further, such holding of GoI shall be classified as public shareholding,\" Sebi said while giving the exemption from making the open offer.","seolocation":"telecomnews\/sebi-exempts-govt-from-making-open-offer-to-vodafone-idea-shareholders","seolocationalt":"Sebi exempts govt from making open offer to Vodafone Idea shareholders","url_seo":"sebi-exempts-govt-from-making-open-offer-to-vodafone-idea-shareholders"},"91636446":{"msid":"91636446","stname":"Airtel re-appoints Gopal Vittal as MD and CEO for 5 years","artsyn":"\"We wish to inform you that based on the recommendations of HR & nomination committee and subject to the approval of shareholders, the Board of Directors...has approved the re-appointment of Gopal Vittal, Managing Director designated as 'Managing Director & CEO' for a further period of five (5) years i.e. from February 01, 2023 to January 31, 2028,\" Airtel said in a notice to the stock exchanges.","seolocation":"telecomnews\/airtel-re-appoints-gopal-vittal-as-md-and-ceo-for-5-years","seolocationalt":"Airtel re-appoints Gopal Vittal as MD and CEO for 5 years","url_seo":"airtel-re-appoints-gopal-vittal-as-md-and-ceo-for-5-years"},"90827650":{"msid":"90827650","stname":"PhonePe says it clocked 100 million transactions in a day for the first time","artsyn":"The company said it processes more than 2.5 billion transactions a month and has 165 million monthly active users.","seolocation":"telecomnews\/phonepe-says-it-clocked-100-million-transactions-in-a-day-for-the-first-time","seolocationalt":"PhonePe says it clocked 100 million transactions in a day for the first time","url_seo":"phonepe-says-it-clocked-100-million-transactions-in-a-day-for-the-first-time"},"89424930":{"msid":"89424930","stname":"We are going into a dotcom bust after almost 22 years: Rajeev Thakkar","artsyn":"\u201cWe are going into a dotcom bust kind of thing after almost 20-22 years and there will be a segregation of people who deliver really good businesses versus people who just are burning cash and will flame out.\u201d","seolocation":"telecomnews\/we-are-going-into-a-dotcom-bust-after-almost-22-years-rajeev-thakkar","seolocationalt":"We are going into a dotcom bust after almost 22 years: Rajeev Thakkar","url_seo":"we-are-going-into-a-dotcom-bust-after-almost-22-years-rajeev-thakkar"},"89154176":{"msid":"89154176","stname":"BoAt-owner Imagine Marketing files papers for Rs 2,000-cr IPO","artsyn":"The payment of debt will assist the company in maintaining a favourable debt to equity ratio and enable the utilisation of its internal accruals for further investment in business growth and expansion.","seolocation":"telecomnews\/boat-owner-imagine-marketing-files-papers-for-rs-2000-cr-ipo","seolocationalt":"BoAt-owner Imagine Marketing files papers for Rs 2,000-cr IPO","url_seo":"boat-owner-imagine-marketing-files-papers-for-rs-2000-cr-ipo"},"88443565":{"msid":"88443565","stname":"Asianet Satellite Communications files draft papers for Rs 765 cr IPO","artsyn":"The IPO consists of a fresh issue of equity shares aggregating to Rs 300 crore, and an offer for sale of up to Rs 465 crore by Hathway Investments Private Limited, according to the draft red herring prospectus (DRHP).","seolocation":"telecomnews\/asianet-satellite-communications-files-draft-papers-for-rs-765-cr-ipo","seolocationalt":"Asianet Satellite Communications files draft papers for Rs 765 cr IPO","url_seo":"asianet-satellite-communications-files-draft-papers-for-rs-765-cr-ipo"},"87352571":{"msid":"87352571","stname":"Personal Data Bill panel takes input from officials, companies","artsyn":"The panel, headed by BJP member of parliament PP Chaudhary, is likely to submit the report in the upcoming winter session of Parliament.","seolocation":"telecomnews\/personal-data-bill-panel-takes-input-from-officials-companies","seolocationalt":"Personal Data Bill panel takes input from officials, companies","url_seo":"personal-data-bill-panel-takes-input-from-officials-companies"},"87216551":{"msid":"87216551","stname":"Paytm gets Sebi nod for Rs 16,600 crore IPO","artsyn":"According to the draft IPO documents filed by the company, One97 Communications plans to raise Rs 8,300 crore through fresh issue of equity shares and another Rs 8,300 crore through the offer-for-sale (OFS) route.","seolocation":"telecomnews\/paytm-gets-sebi-nod-for-rs-16600cr-ipo","seolocationalt":"Paytm gets Sebi nod for Rs 16,600 crore IPO","url_seo":"paytm-gets-sebi-nod-for-rs-16600cr-ipo"}}}}" data-news-images="[{"msid":"59571495","msname":"gfx3","msnameseo":"gfx3","mediatype":"2","artdate":"2017-07-13 08:15:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
