NCLT clears Vodafone-Idea merger: Sources
The clearance comes after the Department of Telecommunications (DoT) approved the merger last month.
Vodafone India and Aditya Birla Group-promoted Idea Cellular on March 20 2017 announced their much-awaited amalgamation.
Aditya Birla Group Chairman Kumar Mangalam Birla will be the Non-Executive Chairman of the merged company while the current Chief Operating Officer of Vodafone India Balesh Sharma will become the Chief Executive.
Vodafone Idea is expected to have a subscriber base of over 400 million and become the country s largest telecom operator.
--IANS rrb-bc-rv/vm