Vodafone Group Plc’s Indian unit and Idea Cellular, which are in the process of merging their operations to create the country’s biggest telecoms carrier, named Vodafone veteran Balesh Sharma as the new chief executive for the combined venture. Sharma is currently the chief operating officer at Vodafone India.
Akshaya Moondra, the current chief financial officer at Idea, will become the finance chief at the combined firm. Kumar Mangalam Birla, chairman of Idea’s parent Aditya Birla conglomerate, will be the non-executive chairman of the merged telecoms company.
Source- The Reuters