Vodafone Idea shares jump 5% as JSW, ST Telemedia eye stake in the telco

The talks are currently exploratory, and there is no certainty they will result in a deal, people familiar with the matter told ET. The renewed investor interest in the loss-making company comes after it received substantial financial relief earlier this year from the government, which is also its largest shareholder.“There are a few serious suitors for the company, and simultaneous talks are going on with them,” one of the people close to the matter said. The company’s management is scheduled to meet inst ...