Vodafone-Idea to SBI merger: It's the season of corporate partnerships

India Inc's record of managing partnerships is far from impressive

Sniff the air and the spring of corporate partnerships is unmissable. The biggest of course is the proposed cashless, all-share equal merger between one of the world’s leading telco’s India operations, Vodafone India, and Aditya Birla Group firm Idea Cellular. Then there is the RCom-Aircel merger in the works, and if you were to believe some media reports Tata Tele too is in the queue to join the combine. Britannia is back to making joint ventures again with talks on for one with Greece’s Chipita for value-added bakery. And Tata Motors and Europe’s Volkswagen Group are rumoured to be putting