Idea Cellular has stated that its share owners, secured and unsecured creditors have sanctioned the proposal of union of Spice Communications with itself.

Bharti Airtel soared 2.04%. Idea Cellular rushed 0.62%. Reliance Communication surged 0.17%.

Idea Cellular Limited has declared that it has got licenses to establish its operations in Jammu and Kashmir and West Bengal therefore covering entire of the nation.

Idea Cellular has rolled out an Rs.6, 000 crore growth plan for the following 2 years.

23.26lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 32.79lakh shares in the previous single quarter.

Idea Cellular determines to devote Rs.1, 000crore funds for the subsequent 3 years in Tamil Nadu.

First source Solutions presently trades up on the Sensex after the company signed a 5-year outsourcing contract with Idea Cellular.

At present, Idea Cellular trades at Rs.87.10, which is higher by 0.65 points from its last end of Rs.86.45 on the Sensex.

Idea Cellular has entered Tamil Nadu with introducing its mobile services (GSM-based) in 130 main cities of the states such as Trichy, Salem, Tirupur, Coimbatore, Madurai, Erode and Vellore.

Vodafone Essar’s strategy to split off its tower infrastructure into an individual firm has hit a smack with the Department of Revenue shooting questions on whether the anticipated investment through Mauritius-based firms would consequent in round tripping.