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India’s open for business push has local quirks

BREAKINGVIEWS-India’s open for business push has local quirks The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Shritama Bose MUMBAI, Sept 20(Reuters Breakingviews) - Prime Minister Narendra Modi has spent much of the past decade lowering barriers to foreign investment in India. Yet a growing list of firms including BlackRock BLK.N , BMW BMWG.DE and Shein are expanding in the country in partnership with local tycoons.
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Indian telecom carriers tussle with government over licence fees

TIMELINE-Indian telecom carriers tussle with government over licence fees BENGALURU, Sept 19 (Reuters) - India's Supreme Court on Thursday rejected a request by telecom companies including Vodafone Idea VODA.NS and Bharti Airtel BRTI.NS to recalculate how much they owe the government in licence fees. The long-standing issue has whittled away at debt-ridden Vodafone's cash flow and threatened its survival in the Indian telecom market which is dominated by Airtel and Reliance Industries' RELI.NS J
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India's top court rejects telcos' plea on dues owed to govt; shares slump

UPDATE 2-India's top court rejects telcos' plea on dues owed to govt; shares slump Vodafone Idea, Bharti Airtel owe about $12 bln in dues to govt - ICRA Vodafone Idea shares closed 19.5% lower on Thursday Recasts, adds analyst comment in paragraphs 9, 10; adds context throughout By Aleef Jahan C S and VarunVyas Hebbalalu BENGALURU, Sept 19 (Reuters) - India's top court on Thursday rejected a request by telecom companies to recalculate the dues they owed the government, sending shares of debt-sad
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Indian telecom firms' shares falter as top court rejects plea to recompute dues

BUZZ-Indian telecom firms' shares falter as top court rejects plea to recompute dues ** Shares of Vodafone Idea VODA.NS fall to the exchange-set limit of 10%, Bharti Airtel BRTI.NS briefly turned negative ** Telecom infrastructure provider Indus Towers INUS.NS down max-allowed 10% ** India's top court rejects telecom firms' plea to correct alleged
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JP Morgan restarts Telecom Italia coverage with 'neutral' rating

BUZZ-JP Morgan restarts Telecom Italia coverage with 'neutral' rating ** Brokerage JP Morgan (JPM) reinstates Telecom Italia (TIM) TLIT.MI with a "neutral" stance; price target of 0.27 euros ($0.3006) ** Brokerage doesn't see a more rational pricing environment once the Swisscom-backed Fastweb acquisition of Vodafone VOD.L Italia is completed ** "T
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Swiss stocks - Factors to watch on September 17

Swiss stocks - Factors to watch on September 17 ZURICH/GDANSK, Sept 17 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: SWISSCOM SCMN.S Italy's competition watchdog said on Monday a planned tie-up between Swisscom's SCMN.S and Vodafone's VOD.L Italian units could pose a threat to competition in the country's fixed-line connectivity services.
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UK Stocks-Factors to watch on Sept 17

UK Stocks-Factors to watch on Sept 17 Sept 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.57%. * BUDGET: British Prime Minister Keir Starmer said his government's first budget next month wouldn't take steps that undermine his goal to generate growth, but warned that unfunded spending commitments could damage the economy.
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Italy's antitrust scrutinises impact of Swisscom-Vodafone deal on landline service

REFILE-Italy's antitrust scrutinises impact of Swisscom-Vodafone deal on landline service fxes typos in paragraphs 2 and 4 to show antitrust authority is called AGCM MILAN, Sept 16 (Reuters) - Italy's competition watchdog said on Monday a planned tie-up between Swisscom's SCMN.S and Vodafone's VOD.L Italian units could pose a threat to competition in the country's fixed-line connectivity services.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds CoreWeave, Barclays, Ares Management, Eni, Bain Capital, U.S. Steel, SoftwareOne; updates Vista Outdoor Sept 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1939 GMT on Friday: ** Swiss technology firm SoftwareOne Holding SWON.S is exploring a potential merger with smaller Norwegian competitor Crayon Group Holding CRAYN.OL , Bloomberg News reported on Friday, citing people familiar with the matter.
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FTSE 100 gains on precious metals surge; rate cut bets surge

UPDATE 1-FTSE 100 gains on precious metals surge; rate cut bets surge For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.4%, FTSE 250 adds 1% Flutter Acquires 56% Stake In NSX Group For $350m UK public's inflation expectations fall to 3-year low Precious metal miners lead weekly gains Updated at 1600 GMT By Khushi Singh and Medha Singh Sept 13 (Reuters) - Precious metal mining stocks lifted London's blue-chip index on Friday a
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds HSBC, Vista Outdoor; Updates DSV Sept 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Vista Outdoor VSTO.N said Czechoslovak Group (CSG) has increased the cash component of its offer to buy the company's arms business, Kinetic Group, by $4 a share and would also purchase 7.5% of its Revelyst unit for $150 million.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** German government officials and UniCredit CRDI.MI bankers have held talks after the Italian lender bought a 9% stake in Commerzbank CBKG.DE , a German government source said. nL8N3KV0L7 ** Chinese group Hainan Mining's 601969.SS Roc Oil unit has made a cash offer to buy Tethys Oil TETY.ST in a deal that values the Swedish company at 1.89 bi
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UK dials up fresh signal of telco M&A optimism

BREAKINGVIEWS-UK dials up fresh signal of telco M&A optimism The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon BERLIN, Sept 13 (Reuters Breakingviews) - Vodafone VOD.L and Three “don’t agree” with the Competition and Markets Authority on a crucial point of their $19 billion merger - that it may end up increasing the monthly mobile bills of the third and fourth biggest UK telcos’ millions of consumers.
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Vodafone CEO: CMA 'all but rules out' structural remedies on Three UK deal

BRIEF-Vodafone CEO: CMA 'all but rules out' structural remedies on Three UK deal Sept 13 (Reuters) - Vodafone Group PLC VOD.L : VODAFONE CEO SAYS~ ON THREE UK DEAL, SAYS 'MORE THAN' HAPPY FOR INVESTMENT COMMITMENT TO BE MONITORED VODAFONE CEO SAYS~ ON THREE UK DEAL, WE EXPECT CONSUMER PRICES TO BE EITHER FLAT OR DECREASING VODAFONE CEO SAYS~ IT IS
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UK Stocks-Factors to watch on Sept 13

UPDATE 1-UK Stocks-Factors to watch on Sept 13 Adds new items in bullet 1 -3 Sept 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Friday, with futures FFIc1 largely unchanged. * VODAFONE: Britain's competition regulator said Vodafone's VOD.L $19 billion merger with CK Hutchison's 0001.HK Three UK could lead to higher prices for mobile customers and that it would explore potential solutions to its concerns before making a final decision about the deal in December.
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CK Hutchison Says Vodafone, Three UK Disagree With CMA’S Provisional Findings

BRIEF-CK Hutchison Says Vodafone, Three UK Disagree With CMA’S Provisional Findings Sept 13 (Reuters) - CK Hutchison Holdings Ltd 0001.HK : VODAFONE, THREE UK DISAGREE WITH CMA’S PROVISIONAL FINDINGS THAT MERGER RAISES COMPETITION CONCERNS Further company coverage: 0001.HK
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Britain signals route to Vodafone-Three UK clearance

UPDATE 4-Britain signals route to Vodafone-Three UK clearance CMA says deal could push up bills But adds it could improve network quality, speed up 5G To make final decision on deal in December Companies disagree deal raises competition concerns Rewrites paragraph 1, adds Vodafone CEO quotes in 10-12 By Paul Sandle LONDON, Sept 12 (Reuters) - Vodafone's VOD.L merger with Three UK could win regulatory approval if they can guarantee the $19 billion deal will be good for consumers, network quality
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Vodafone Says Disagree With CMA's Provisional Findings On Vodafone/Three Merger

BRIEF-Vodafone Says Disagree With CMA's Provisional Findings On Vodafone/Three Merger Sept 13 (Reuters) - Vodafone Group PLC VOD.L : VODAFONE GROUP PLC - VODAFONE & THREE RESPONSE CMA PROVISIONAL FINDINGS VODAFONE DISAGREE WITH CMA'S PROVISIONAL FINDINGS VODAFONE - LOOK FORWARD TO WORKING WITH CMA TO SECURE APPROVAL VODAFONE : DO NOT AGREE WITH CMA
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UK's CMA Finds Provisional Concerns With Vodafone/ Three UK Deal

BRIEF-UK's CMA Finds Provisional Concerns With Vodafone/ Three UK Deal Sept 13 (Reuters) - Competition and Markets Authority: MERGER UPDATE: VODAFONE / THREE MERGER COULD LEAD TO TENS OF MILLIONS OF MOBILE CUSTOMERS HAVING TO PAY MORE WILL EXPLORE POTENTIAL SOLUTIONS TO ITS CONCERNS BEFORE FINAL DECISION BY 7 DECEMBER. MERGER COULD IMPROVE QUALITY
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UK watchdog says Vodafone-Three UK deal may lead to customers paying more

UK watchdog says Vodafone-Three UK deal may lead to customers paying more Sept 12 (Reuters) - Britain's competition watchdog said on Friday Vodafone's VOD.L $19 billion merger with CK Hutchison's 0001.HK Three UK could lead to higher prices for customers and it will explore potential solutions to its concerns before it makes a final decision about the deal.
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