Bharti Telecom raised over $1.15 bn via accelerated book-build offer of Bharti Airtel sharesBharti Telecom to use proceeds of Airtel stake sale to clear debt
1 min read26 May 2020The block deal in Airtel shares will help promoter entity Bharti Telecom retire its entire debt
2 min read26 May 2020Bharti Airtel has already been in discussion with Singtel and other entities for fund infusionBharti Telecom, a promoter firm of Bharti Airtel, will become a foreign entity if the FDI is approved
1 min read8 Dec 2019Airtel's move is in line with its endeavour to strengthen its capital structure and balance sheet as it battles Reliance Jio and Vodafone Idea in India's telecom space
2 min read21 Dec 2018Bharti Airtel will use the money from the fundraising to trim Airtel Africa’s debt of $5 billion and expand operations in that continent
2 min read25 Oct 2018In other news, Malaysia's IHH Healthcare Berhad and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in Global Health
3 min read6 Feb 2018In other news, Singtel to invest Rs2,649 crore in Bharti Telecom, while ArcelorMittal to sell entire stake in Uttam Galva
1 min read6 Feb 2018With the latest round of investment, Singtel's total stake (along with its affiliates) in Bharti Telecom will increase to 48.9% from 47.17% currently
2 min read5 Feb 2018Bharti Airtel shares slump 6.7%, its biggest fall in nearly eight months, after multiple block deals
1 min read8 Nov 2017Bharti Telecom has increased its shareholding in Bharti Airtel to 50.10% by acquiring over 184.7 million shares from Indian Continent Investment Ltd
1 min read3 Nov 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared