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Airtel prepays 8,815 crore as deferred liabilities for 2015 spectrum

In a statement, the Sunil Mittal-led telcom major said the payment is for instalments due in FY2027 and FY2028.
Bharti Airtel Ltd (Image used only for representation)
Bharti Airtel Ltd (Image used only for representation)
Published on Mar 25, 2022 09:56 AM IST
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PTI | , New Delhi

Google to invest $1 bn in Airtel to boost India play

Alphabet Inc., the parent of Google, will buy a 1.28% stake in Bharti Airtel for $700 million and invest $300 million over the next five years in commercial arrangements.
People walk by a Google sign on the company's campus in Mountain View, California
People walk by a Google sign on the company's campus in Mountain View, California
Published on Jan 29, 2022 05:00 AM IST
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By, New Delhi

Sensex: ICICI Bank, Reliance Industries among gainers; Asian Paints slumps

  • ICICI Bank's net profit saw a year-on-year growth of 25% to 10,060 crore in the third quarter of 2021-22 fiscal ending December 31. Meanwhile, Reliance Industries' subsidiary Reliance Retail reported a 23.81% rise in its consolidated pre-tax profit at 3,822 crore during the same period.
ICICI Bank's net interest income saw a rise of 23% year-on-year to <span class='webrupee'>₹</span>12,236 crore ($1.6 billion) between October and December 2021 from <span class='webrupee'>₹</span>9,912 crore ($1.3 billion) in the corresponding period of last fiscal.(Dhiraj Singh/Bloomberg)
ICICI Bank's net interest income saw a rise of 23% year-on-year to 12,236 crore ($1.6 billion) between October and December 2021 from 9,912 crore ($1.3 billion) in the corresponding period of last fiscal.(Dhiraj Singh/Bloomberg)
Updated on Jan 24, 2022 07:27 PM IST
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Written by Sharangee Dutta | Edited by Amit Chaturvedi, New Delhi

India's Bharti Airtel in talks to buy majority stake in Dish TV: Report

  • Airtel is looking to buy 5.93% stake from Dish TV's promoter group and 25.63% stake owned by Yes Bank Ltd, the report said. The lender is the largest shareholder, according to Refinitiv data.
According to a Mint report, Airtel executives have held talks with Dish TV parent Essel Group's founder Subhash Chandra after accounting firm EY submitted a due diligence report to Airtel on October 25.(REUTERS)
According to a Mint report, Airtel executives have held talks with Dish TV parent Essel Group's founder Subhash Chandra after accounting firm EY submitted a due diligence report to Airtel on October 25.(REUTERS)
Published on Dec 02, 2021 02:42 PM IST
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Reuters | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

Jio announces hike in prepaid tariffs, to come into effect from December 1

The announcement from India's largest mobile operator comes days after Bharti Airtel and Vodafone Idea also implemented a tariff hike, signalling an end of the low tariff regime in the telecom sector.
JioPhone Plan, Unlimited Plans, and data add on, will be impacted by the latest increase in tariff ranging from 19.6 per cent to 21.3 per cent.(Bloomberg File Photo)
JioPhone Plan, Unlimited Plans, and data add on, will be impacted by the latest increase in tariff ranging from 19.6 per cent to 21.3 per cent.(Bloomberg File Photo)
Published on Nov 28, 2021 08:08 PM IST
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