6 months, 3 weeks ago
Sunil Mittal recounts a 2018 assurance from PM Modi that helped Airtel ‘survive’: ‘Government will not take sides’
Hindustan TimesSunil Bharti Mittal said that an assurance in 2018 from Prime Minister Narendra Modi helped Airtel when the company was facing an "existential crisis". At the time, Sunil Bharti Mittal sought a meeting with the Prime Minister in which the latter assured him that the government would remain neutral and "not take sides". Sunil Bharti Mittal said that this was the turning point for Airtel which has added added more than $80 billion to its market cap in the last five years. Sunil Bharti Mittal said that owing to certainty, his company was able to fight it out in the marketplace and statements that the government only favours a few were "absolutely misplaced."
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