U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India's Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up 10%.

Amazon, Verizon may invest over $4 billion in Vodafone Idea: Report

A day after the Supreme Court rejected the review petitions filed byvarious telecom companies over the Adjusted Gross Revenue (AGR) case, Vodafone stocks sank thirty-nine per cent on Friday.

Day after Supreme Court verdict, Vodafone stocks crash to record low

Indian shares rose in early trade on Friday, tracking gains in broader Asia as risk appetite was whetted by a comment from a senior US official that the United States and China are getting close to an interim trade pact.

Sensex, Nifty rise in early trade amid hopes of US-China trade deal

Indian telecom stocks rose on Friday amid hopes that the government would step in to help the ailing sector, a day after two top mobile carriers warned their ability to operate and make profits would depend on relief from the country.

Airtel, Vodafone Idea shares jump on hopes of govt help

Indian shares edged lower on Thursday, after retail inflation breached the Reserve Bank of India's (RBI) medium-term target of 4% for the first time in 15 months, while lenders fretted about possible insolvency of Vodafone Idea.

Indian markets witness fall on inflation data in early trade; telecom worries hurt banks