joi effect,vanillanews,Reliance Jio, Airtel, telenor, idea, vodafone

Jio Effect: Airtel buys telenor

In yet another consolidation move in the telecom industry, India’s largest telecom operator Bharti Airtel informed the bourses on Thursday that it will acquire Telenor India assets. The move comes at a time whe...

Anil Ambani’s Rcom merges with Aircel

The long-awaited merger announcement from Reliance Communications Ltd (RCom) and Aircel Ltd is so sketchy on details, it almost gives the impression the two companies have decided to make things up as they go a...

Flipkart to fire 800 more employees?

After sacking 400 “under-performing” employees in July, the country’s top etailer Flipkart is learnt to be in the process of letting go of 800 more employees. The e-commerce major plans to “out-place” half of ...