Bharti Airtel share price rises 2% after company signs deal with Elon Musk’s SpaceX; Do you own?
2 weeks, 2 days ago

Bharti Airtel share price rises 2% after company signs deal with Elon Musk’s SpaceX; Do you own?

Live Mint  

Telecom giant Bharti Airtel's share price surged as much as 2 per cent on Wednesday's trading session after the company announced it has signed a partnership with Elon Musk's SpaceX to provide Starlink's high-speed internet services in India. Bharti Airtel- SpaceX deal The partnership aims to explore the availability of Starlink equipment in Airtel's retail stores, offer Starlink services to business customers through Airtel, and enhance connectivity in rural areas. The partnership will explore multiple opportunities to expand Airtel’s services, including making Starlink equipment available at Airtel retail stores, offering Starlink services to business clients, and connecting rural communities, schools, and healthcare centers. “This is to inform you that the shareholding of 69.94%, held by Bharti Airtel Limited in Airtel Payments Bank Limited, is being transferred to Company’s wholly owned subsidiary, post receiving requisite regulatory and corporate approvals," the company said in a regulatory filing.

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History of this topic

Bharti Hexacom: Airtel in a small pack
2 weeks, 2 days ago

Bharti Hexacom: Airtel in a small pack

Live Mint  

Investors in Bharti Hexacom Ltd stock must be a happier lot vis-à-vis their counterparts in Bharti Airtel Ltd, the parent company holding a 70% stake in the former. “Arpu growth aided by likely moderation in capex will drive Bharti Hexacom’s free cash flow growth from FY25, enabling it to get to net cash by FY29; this will also aid in …

Airtel share price to be in focus on Wednesday after deal with Elon Musk’s SpaceX. Here’s what to expect
2 weeks, 3 days ago

Airtel share price to be in focus on Wednesday after deal with Elon Musk’s SpaceX. Here’s what to expect

Live Mint  

Bharti Airtel share price will likely hog the limelight in Wednesday's trading session after the telecom major announced today, March 11, that it has signed a deal with Elon Musk's SpaceX to bring Starlink's satellite internet to India. Airtel and SpaceX will explore offering Starlink equipment in Airtel’s retail stores and its services to Sunil Mittal-led firm's customers, while SpaceX …

Bharti Airtel to bring Elon Musk’s Starlink to India, signs agreement with SpaceX
2 weeks, 3 days ago

Bharti Airtel to bring Elon Musk’s Starlink to India, signs agreement with SpaceX

Live Mint  

India’s telecom major Bharti Airtel said it has signed an agreement with Elon Musk's SpaceX to bring high-speed satellite internet service Starlink to India. In an exchange filing on the BSE on Tuesday, March 11, Bharti Airtel said Starlink would sell its services in India and explore opportunities to collaborate with Airtel's existing telecom infrastructure. “Working with SpaceX to offer …

Airtel-Tata merger on cards: Bharti Airtel in talks with Tata Group to combine DTH biz of Bharti Telemedia, Tata Play
1 month ago

Airtel-Tata merger on cards: Bharti Airtel in talks with Tata Group to combine DTH biz of Bharti Telemedia, Tata Play

Live Mint  

Airtel-Tata merger: Bharti Airtel has confirmed that it is in talks with the Tata Group to explore a deal to merge Tata Play's direct-to-home business with its subsidiary Bharti Telemedia Ltd. “We wish to submit that Bharti Airtel Limited and TATA Group are in bilateral discussions to explore a potential transaction to achieve a combination of TATA Group’s Direct To …

Bharti Airtel share price dips over 2% despite strategic partnership with Apple
1 month ago

Bharti Airtel share price dips over 2% despite strategic partnership with Apple

Live Mint  

Bharti Airtel share price declined over 2% on Monday amid stock market crash. Telecom major Bharti Airtel said it has entered into a strategic partnership with Apple to bring the Apple TV+ streaming services and Apple Music to Airtel customers. Additionally, postpaid customers on plans starting ₹999 will get access to Apple TV+ and can enjoy 6 months of free …

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here
1 month, 1 week ago

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here

Live Mint  

Indian telecom major Bharti Airtel Limited announced on Friday, February 21, that it has decided to increase its stakeholding by up to 5 per cent in the Airtel Africa business, according to an exchange filing. Bharti Airtel Share Price Bharti Airtel Ltd shares closed 0.41 per cent lower at ₹1,638.40 after Friday's stock market session, compared to ₹1,645.20 at the …

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions
1 month, 1 week ago

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions

Live Mint  

Bharti Airtel share price declined over a percent on Wednesday, extending its fall for the third consecutive session, following a block deal in the shares of India’s second-largest telecom company. Bharti Airtel Block Deal Details Bharti Airtel block deal worth ₹8,485 crore took place at ₹1,660 per share, with ICIL as the seller. According to Nuvama Alternate Research report, approximately …

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale
1 month, 1 week ago

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale

Hindustan Times  

A promoter group company of Bharti Airtel Ltd called Indian Continent Investment Ltd has sold ₹8,485.11 crore worth of its stake in the telecom provider on Tuesday, February 18, 2025. This amounts to 5.11 crore shares, which is 0.84% of ICIL's stake in Airtel, the company announced in its exchange filing. Bharti Telecom Ltd, the main promoter of Airtel, bought …

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore
1 month, 1 week ago

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore

Live Mint  

Bharti Airtel share price fell over a per cent on Tuesday after the telecom company announced that its promoter-group entity Indian Continent Investment Limited sold a 0.84% stake in the company. In a stock exchange filing on February 18, Bharti Airtel said that ICIL sold a 0.84% stake, or 5.11 crore equity shares, in Airtel, through a market transaction, for …

Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 3 weeks ago

Bharti Airtel share price gains 4% post Q3 results. Do you own it?

Live Mint  

Stock Market Today: Bharti Airtel share price gained close to 4% in the morning trade on Friday, February 7 following the Q3 results announcement. Bharti Airtel Q3 Results Bharti Airtel helped by a one-time gain from Indus Towers becoming its subsidiary in November, recorded a huge profit beat, with a net profit of ₹14,760 crore for the quarter ended December …

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation
1 month, 3 weeks ago

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation

Live Mint  

Bharti Airtel Q3 Results: India's second largest carrier Bharti Airtel Ltd beat estimates with a profit of ₹14,760 crore for the quarter ended December, up 483% from ₹2,530 crore a year earlier, due to a one-time gain from Indus Towers becoming its subsidiary in November. In a separate announcement, Indus Towers said Thursday that it was acquiring 16,100 towers, ultra …

Bharti Global completes acquisition of 24.5% of BT Group from Altice UK
4 months, 1 week ago

Bharti Global completes acquisition of 24.5% of BT Group from Altice UK

The Hindu  

Bharti Global, the international investment arm of Bharti Enterprises, has completed the acquisition of 24.5% of the issued share capital of BT Group plc from Altice UK. In a statement, Sunil Bharti Mittal, Chair of Bharti Enterprises said Bharti has long recognised the enormous potential of the business, as the telecom stalwart expressed his delight at completion of the transaction. …

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%
4 months, 3 weeks ago

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%

Live Mint  

Bharti Airtel Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Bharti Airtel shares are trading at price ₹1578.85, -0.8% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market
4 months, 3 weeks ago

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market

Live Mint  

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees in the local-currency bond market, according to people familiar with the matter. If successful, it will be Bharti Telecom’s largest-ever rupee issuance, according to data compiled by Bloomberg. The borrowing is coming days after India’s second-largest wireless carrier Bharti Airtel Ltd., in which …

Bharti Airtel's Price on the Rise, but Nifty Shows Caution
4 months, 4 weeks ago

Bharti Airtel's Price on the Rise, but Nifty Shows Caution

Live Mint  

Bharti Airtel share price is up by 0.65% today, trading at ₹1647.55. The stock has hit a high of ₹1651.5 and a low of ₹1618 during the day. On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The company has a ROE of 9.36% & ROA of 1.92% respectively. …

Bharti Enterprises to pick up 24.5% stake in UK’s British Telecom Group
7 months, 2 weeks ago

Bharti Enterprises to pick up 24.5% stake in UK’s British Telecom Group

Live Mint  

Bharti Enterprises, led by billionaire Sunil Bharti Mittal, will buy a 24.5% stake in British Telecom Group Plc, the UK's largest mobile and broadband services provider, the companies said in a statement Monday. Bharti Televentures UK Ltd, a wholly owned subsidiary of Bharti Enterprises’s international investment arm Bharti Global, will buy the equity from telecom services provider Altice UK, which …

Bharti to acquire about 24.5% stake in BT Group from Altice UK
7 months, 2 weeks ago

Bharti to acquire about 24.5% stake in BT Group from Altice UK

Hindustan Times  

Bharti Global, the international investment arm of Bharti Enterprises, will acquire about 24.5 per cent stake in BT Group, Britain's largest broadband and mobile company, from Altice UK, a release said on Monday. "Bharti Global, the international investment arm of Bharti Enterprises, a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications, has reached an …

Bharti Enterprises Picks Up Altice UK's 24.5% Stake In BT Group; Details
7 months, 2 weeks ago

Bharti Enterprises Picks Up Altice UK's 24.5% Stake In BT Group; Details

News 18  

Bharti Enterprises has agreed to buy around 24.5 per cent stake in BT Group from the British telecommunication firm’s top shareholder, Altice UK, the company said in a stock exchange filing on Monday. “We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the …

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch
10 months, 2 weeks ago

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch

Live Mint  

Bharti Hexacom Q4 Results: Bharti Hexacom announced its January-March quarter results for fiscal 2023-24 in its first earnings report after its initial public offering launch in April and also the board recommended a final dividend for the fiscal ended March 31, 2024. on Tuesday, May 14. India's leading telecom giant Bharti Airtel acquired a 70 per cent stake in 2004 …

Rajiv Jain's GQG Partners picks 0.8% stake in Bharti Airtel for ₹5,850 crore
1 year ago

Rajiv Jain's GQG Partners picks 0.8% stake in Bharti Airtel for ₹5,850 crore

Hindustan Times  

Singapore Telecommunications on Thursday said it has sold a 0.8% stake in Bharti Airtel for S$950 million to U.S. investment firm GQG Partners. SingTel, through its unit Pastel, sold 49 million or 0.8% of the outstanding shares in Airtel, also effectively reducing its stake in the telecom operator by 0.8 percentage points, it said in a statement. "The Group is …

Bharti Airtel shares drop over 2% following news of Warburg Pincus stake sale
1 year, 3 months ago

Bharti Airtel shares drop over 2% following news of Warburg Pincus stake sale

Live Mint  

Bharti Airtel share price fell over 2% on Thursday's session following news reports that stated that Warburg Pincus, international private equity firm, was looking to offload a stake in Bharti Airtel as it continues to pare its stakes in several Indian companies. On December 6, as per media reports Warburg Pincus planned to raise $211 million by selling 17.5 million …

Bharti Airtel Q4 Profit Beats Estimates; Should you Buy, Sell or Hold the Telecom Stock?
1 year, 10 months ago

Bharti Airtel Q4 Profit Beats Estimates; Should you Buy, Sell or Hold the Telecom Stock?

News 18  

Bharti Airtel Share Price: Shares of Bharti Airtel were trading higher on Wednesday morning, a day after the company announced its March quarter earnings. Bharti Airtel reported a 50 per cent jump in consolidated net profit at Rs 3,006 crore for the quarter ended March 2023 from Rs 2,008 crore a year back. Revenue was up 1 per cent sequentially, …

Bharti Telecom Looks To Raise Up To Rs 6,000 Crore Debt Via NCD Route: Report
2 years, 6 months ago

Bharti Telecom Looks To Raise Up To Rs 6,000 Crore Debt Via NCD Route: Report

ABP News  

Bharti Telecom, a key promoter firm of India’s one of the biggest telecom company Bharti Airtel, looks to raise up to Rs 6,000 crore of debt through non-convertible debentures to acquire the balance portion of the 3.33 per cent stake that Singapore Telecommunications will sell in the telecom firm, according to a report by The Economic Times on Tuesday. Singtel …

Stocks to Watch: Indigo, Zee Entertainment, Airtel, TCS, Maruti Suzuki, Mindtree
2 years, 6 months ago

Stocks to Watch: Indigo, Zee Entertainment, Airtel, TCS, Maruti Suzuki, Mindtree

Live Mint  

Here is the list of top 10 stocks that will be in focus today InterGlobe Aviation: Rakesh Gangwal, the co-founder of India’s biggest airline, IndiGo, will sell up to a 2.8% stake in Interglobe Aviation Ltd through a block deal that will fetch him at least $250 million, according to deal terms reviewed by Mint. Bharti Airtel promoter Bharti Telecom …

Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore
2 years, 7 months ago

Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore

India TV News  

Highlights The deal would amount for 2.25 billion Singapore dollars or about Rs 12,895 crore The acquisition is to be completed over a period of 90 days The development was confirmed by Bharti Airtel in a regulatory filing on Thursday Bharti Airtel promoter Bharti Telecom will buy a 3.33-per cent stake from Singtel for 2.25 billion Singapore dollars or about …

CCI Approves Google International's 1.28% Stake Buy In Bharti Airtel
2 years, 8 months ago

CCI Approves Google International's 1.28% Stake Buy In Bharti Airtel

News 18  

The Competition Commission of India on Friday said it has approved the proposed acquisition of a 1.28 per cent stake by Google International in Bharti Airtel. “The Acquirer and the Target have executed an Investment Agreement per which the Acquirer proposes to acquire a minority and non-controlling stake of 1.28 per cent of equity share capital in the Target. Bharti …

Bharti Airtel hikes prepaid tariff by up to 25%
3 years, 4 months ago

Bharti Airtel hikes prepaid tariff by up to 25%

The Hindu  

Bharti Airtel on Monday announced it was raising prepaid tariffs by up to 25% with effect from November 26, reasoning that the move had been necessitated by the need to increase mobile revenues so as to safeguard the business's financial health. “Bharti Airtel has always maintained that the mobile Average Revenue Per User needs to be at ₹200 and ultimately …

Bharti Airtel forms new telecom entity for big digital push
3 years, 11 months ago

Bharti Airtel forms new telecom entity for big digital push

Live Mint  

Bharti Airtel Ltd on Wednesday announced a new corporate structure that will allow the telco to sharpen its focus on digital assets and unlock value from India’s digital opportunity. Bharti Telemedia Ltd, a wholly-owned direct-to-home subsidiary of the telco, will continue to operate as a separate entity for now but will eventually be merged with Airtel Ltd, the company said. …

Bharti Airtel shares jump 9% on strong Q2 earnings
4 years, 5 months ago

Bharti Airtel shares jump 9% on strong Q2 earnings

Live Mint  

NEW DELHI: Shares of Bharti Airtel Ltd on Wednesday rallied nearly 9% after the telecom operator reported robust earnings for the September quarter. A boom in remote work propelled a 58% year-on-year jump in data consumption at Bharti Airtel in the September quarter, helping India’s second-largest telco post record consolidated revenues, which offset the telco’s net loss during the quarter. …

Airtel promoter sells 2.75% stake to Societe Generale and others
4 years, 10 months ago

Airtel promoter sells 2.75% stake to Societe Generale and others

Live Mint  

Bharti Telecom Ltd, the promoter of Bharti Airtel Ltd, has sold a 2.75% stake in the telecom operator for a total of ₹8,433 crore, or $1.15 billion, to foreign institutional investors and some domestic mutual funds, said a person with knowledge of the matter. The FIIs that took part include Societe Generale, Blackrock, Norges Bank and Fidelity Investments, while domestic …

Bharti Telecom sells 2.75 per cent stake in Airtel for Rs 8,433 crore to institutional investors
4 years, 10 months ago

Bharti Telecom sells 2.75 per cent stake in Airtel for Rs 8,433 crore to institutional investors

India TV News  

Bharti Telecom sells 2.75 per cent stake in Airtel for Rs 8,433 crore to institutional investors Promoter firm Bharti Telecom has sold 2.75 per cent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday. Promoter firm Bharti Telecom has sold 2.75 per cent stake in Airtel to institutional investors …

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts
4 years, 10 months ago

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts

Firstpost  

Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday. Bharti Telecom raises Rs …

Bharti Telecom sells 2.75% stake in Airtel, raises ₹8,433 cr
4 years, 10 months ago

Bharti Telecom sells 2.75% stake in Airtel, raises ₹8,433 cr

Live Mint  

New Delhi: Bharti Telecom Limited, the promoter company of Bharti Airtel, has on Tuesday sold 2.75% stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The stake sale was anchored by several existingand new shareholders and several marquee global mutual fund complexes, sovereign wealth funds, multi-strategy funds and domestic institutional investors in …

Bharti Airtel Shares Surge 10% Despite Rs 5,237 Crore Q4 Loss; Here's Why
4 years, 10 months ago

Bharti Airtel Shares Surge 10% Despite Rs 5,237 Crore Q4 Loss; Here's Why

ABP News  

Even Credit Suisse has given a price target of Rs 600 on the stock. Even as Bharati Airtel reported a loss of Rs 5,237 crore loss for March quarter, but the company’s share rose 10 per cent to a record high on Tuesday. The telecom’s operator average revenue per user or Arpu grew 14 per cent sequentially compared to 1.7 …

Bharti Airtel rallies 10 pc after Q4 earnings, hits 1-year high
4 years, 10 months ago

Bharti Airtel rallies 10 pc after Q4 earnings, hits 1-year high

India TV News  

Bharti Airtel rallies 10 pc after Q4 earnings, hits 1-year high Shares of Bharti Airtel on Tuesday zoomed 10 per cent after the company reported consolidated revenue of Rs 23,722.7 crore during the reported quarter on broad-based strength, with all segments registering healthy underlying growth. Shares of Bharti Airtel on Tuesday zoomed 10 per cent after the company reported consolidated …

Bharti Airtel deposits additional ₹8,004 crore in AGR dues
5 years ago

Bharti Airtel deposits additional ₹8,004 crore in AGR dues

The Hindu  

Bharti Airtel on Saturday said it had made an additional payment of ₹8,004 crore towards its adjusted gross revenue-related dues to the Department of Telecom. Additional ₹3,004 crore “Accordingly, the company has paid an additional amount of ₹3,004 crore towards the full and final amounts due over and above the ad-hoc amount of ₹10,000 crore paid on February 17, 2020 …

Bharti Airtel stocks hit 52-week high after govt approves upto 100 pc FDI
5 years, 2 months ago

Bharti Airtel stocks hit 52-week high after govt approves upto 100 pc FDI

India TV News  

Shares of Bharti Airtel were the top gainers on BSE and NSE in early trade on Wednesday. With this, the shares of Bharti Airtel rose to 2.47 per cent to hit a fresh 52-week high of Rs 524 on BSE. The Department of Telecom had on Tuesday approved raising of foreign direct investment in Bharti Airtel to 100 per cent …

Govt approves up to 100% FDI in Bharti Airtel; makes oldest private telecom operator a foreign entity
5 years, 2 months ago

Govt approves up to 100% FDI in Bharti Airtel; makes oldest private telecom operator a foreign entity

Firstpost  

Bharti Airtel also has the approval of the RBI that allowed foreign investors to hold up to 74 percent stake in the company The Department of Telecom has approved raising of foreign direct investment in Bharti Airtel to 100 percent from 49 percent allowed earlier, a stock exchange filing of the company said on Tuesday. Bharti Airtel receives approval from …

Bharti Airtel shares gain 3.5% after telco announces to raise Rs 14,281 cr via QIP; floor price fixed at Rs 452.09 per share
5 years, 2 months ago

Bharti Airtel shares gain 3.5% after telco announces to raise Rs 14,281 cr via QIP; floor price fixed at Rs 452.09 per share

Firstpost  

Airtel has launched foreign currency convertible bonds at a regulatory floor price of Rs 452.09 to raise an aggregate amount of up to $1 billion, the filing said. New Delhi: Shares of Bharti Airtel on Thursday gained 3.5 percent after the company said it has opened qualified institutions placement process to raise $2 billion. For the QIP issue, the special …

Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages
5 years, 3 months ago

Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages

Firstpost  

Bharti Airtel expects industry revenues to start growing again due to recent tariff hikes, and expects industry revenues to surpass $50 billion as opposed $30 billion at present, per company. New Delhi: Telecom czar Sunil Bharti Mittal-led Bharti Airtel may consolidate its position at the expense of Vodafone Idea Ltd as it has better balance sheet strength to deal with …

Bharti Airtel board approves raising up to USD 4 billion
5 years, 3 months ago

Bharti Airtel board approves raising up to USD 4 billion

India TV News  

Telecom operator Bharti Airtel's board on Wednesday approved raising USD 4 billion through equity dilution and debt funding. The board for now has given its go-ahead to raise up to USD 3 billion and has also approved raising an additional USD 1 billion, an official said. The board has given its approval to raise USD 2 billion through "one or …

Telecom stocks jump on imminent tariff hikes
5 years, 3 months ago

Telecom stocks jump on imminent tariff hikes

Live Mint  

Shares of telecom companies jumped in early deals on Monday as India’s major private operators—Bharti Airtel, Vodafone Idea, and Reliance Jio Infocomm—are set to hike tariffs this week. On Sunday, Vodafone Idea Ltd, Bharti Airtel Ltd and Reliance Jio Infocomm Ltd said they will raise prices of their prepaid voice and data services, ending a protracted tariff war that dragged …

Bharti Airtel shares fall over 3% as firm defers September quarter results on AGR issue
5 years, 4 months ago

Bharti Airtel shares fall over 3% as firm defers September quarter results on AGR issue

Firstpost  

Shares of Bharti Airtel on Tuesday fell over 3 percent after the company deferred the September quarter result announcement till 14 November, due to the adjusted gross revenue issue New Delhi: Shares of Bharti Airtel on Tuesday fell over 3 percent after the company deferred the September quarter result announcement till 14 November, due to the adjusted gross revenue issue. …

Bharti Airtel shares gain over 4% after company raises $750 mn through hybrid financial instrument
5 years, 5 months ago

Bharti Airtel shares gain over 4% after company raises $750 mn through hybrid financial instrument

Firstpost  

Shares of Bharti Airtel advanced over 4 percent in early trade on Thursday as the telecom operator raised $750 million from investors based in Asia, Europe and the US through a hybrid financial instrument New Delhi: Shares of Bharti Airtel advanced over 4 percent in early trade on Thursday as the telecom operator raised $750 million from investors based in …

Bharti Airtel, Bharti Enterprises infuse Rs 325 crore in payments bank
5 years, 8 months ago

Bharti Airtel, Bharti Enterprises infuse Rs 325 crore in payments bank

India TV News  

Bharti Airtel and Bharti Enterprises have injected about Rs 325 crore in Airtel Payments Bank, as per regulatory documents. "The country is going through an unprecedented digital transformation, driven by the Government's vision of Digital India and banking for every Indian," Biswas said, adding that Airtel Payments Bank is experiencing rapid growth, driven by its reach, digital proposition and large …

Bharti Airtel’s ₹25,000 crore rights issue oversubscribed
5 years, 10 months ago

Bharti Airtel’s ₹25,000 crore rights issue oversubscribed

Live Mint  

Telecom operator Bharti Airtel said on Friday that its about ₹25,000 crore rights issue has been "over-subscribed" as per the preliminary information received. Airtel had announced the rights issue to raise up to ₹25,000 crore through issuance of fully paid-up shares at a price of ₹220 per share, and additional ₹7,000 crore through a foreign currency perpetual bond issue. Singapore …

Airtel’s ₹25,000-crore rights issue to open on May 3
5 years, 11 months ago

Airtel’s ₹25,000-crore rights issue to open on May 3

Live Mint  

New Delhi: Bharti Airtel's biggest rights issue of ₹25,000 crore will open on May 3 and close on May 17, the company said in a regulatory filing. Bharti Airtel said its board of directors in a meeting held on Friday approved rights issue which is scheduled to open on May 3 and close on May 17. Airtel has announced rights …

Airtel to transfer 32% stake in Bharti Infratel to Nettle
6 years ago

Airtel to transfer 32% stake in Bharti Infratel to Nettle

Live Mint  

New Delhi: Bharti Airtel Ltd will transfer as much as 32% stake it owns in tower company Bharti Infratel Ltd to wholly owned unit Nettle Infrastructure Investments Ltd to explore opportunities to monetize the asset, the telecom operator said on Tuesday. The move is in line with Airtel’s earlier stated strategy to sell a controlling stake in Bharti Infratel, which …

Bharti Airtel to transfer most of Infratel stake to unit; shares surge 6%
6 years ago

Bharti Airtel to transfer most of Infratel stake to unit; shares surge 6%

Live Mint  

Bengaluru: India's Bharti Infratel Ltd said on Tuesday mobile carrier and its majority shareholder Bharti Airtel Ltd will lower its direct stake in the telecom tower company by more than a half. Airtel's unit Nettle Infrastructure Investments Ltd will buy an up to 32 percent stake in Bharti Infratel by March 18, Infratel said in an exchange filing. Airtel will …

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