Idea stock has fallen 21% since Vodafone merger announcement
Shares of telecom major Idea have fallen by as much as 21% from the time the company announced details of its merger with Vodafone India. The merger of Vodafone with the Aditya Birla Group-led Idea would create a company with nearly 40 crore users. Furthermore, the combined entity will become India's largest telecom operator, beating current leader Bharti Airtel.