Latest from bharti airtel
In a statement, the Sunil Mittal-led telcom major said the payment is for instalments due in FY2027 and FY2028.
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.
ByGulveen Aulakh, New Delhi
- 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.
Written by Sharangee Dutta | Edited by Amit Chaturvedi, New Delhi
- 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.
Reuters | | Posted by Sharangee Dutta, Hindustan Times, New Delhi
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.