Indian shares flat in early trade, Idea rises

MUMBAI: Indian shares wear barely changed in early trade on Wednesday, amid subdued Asian peers, on renewed fears of debt woes in the euro zone.

Idea Cellular rose 1.5 percent after it said a tribunal stayed the country's telecoms ministry from enforcing fines worth 2.5 billion rupees ($56.3 million) on the telecoms company over alleged violation of telecoms rules in its takeover of a smaller rival.

At 9:15 a.m. (0345 GMT), the 30-share BSE index was down 0.01 percent at 18,743.07 points.

The 50-share NSE index was down 0.1 percent at 5,629.55.

Copyright Reuters, 2011