Bharti Enterprises

The content is designed to foster future readiness, elevate pedagogical practices, and enhance student engagement in classrooms

With 24.5% stake, it'll be biggest shareholder in Britain's 2nd-largest telco

Amid demands for consistent and reliable telecom service, there might be an excellent opportunity for those who wish to invest in new 5G infrastructure

The BT Group on Monday said Bharti Global's acquisition of a significant stake in the British telecom major is a "great vote of confidence" in the future of the company and its strategy. Bharti Global, the international investment arm of Bharti Enterprises, announced an agreement to acquire about 24.5 per cent in BT Group from Altice UK. Chairman Sunil Bharti Mittal described the investment in the "iconic" British company as a "significant milestone" for Bharti Enterprises. "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 future of BT Group and our strategy," said Allison Kirkby, Chief Executive of the BT Group. "BT has enjoyed a long association with Bharti Enterprises, and I'm pleased that they share our ambition and vision for the future of our business. They have a strong track record of success in the sector, and I look forward to ongoing and positive engagement with th

Following this, Bharti would become the second largest unitholder in Brookfield India REIT with an ownership stake of 8.53%

Sunil Bharti Mittal-promoted Bharti Enterprises on Thursday offloaded shares of ICICI Lombard General Insurance Company for Rs 663 crore through open market transactions. Axis Mutual Fund (MF), Aditya Birla Sun Life MF, Invesco MF, Morgan Stanley Asia Singapore, Societe Generale, Goldman Sachs Singapore and Blackstone Aqua Master Sub-Fund acquired shares of Mumbai-based general insurer. Bharti Enterprises Ltd sold 38.50 lakh shares, amounting to a 0.8 per cent stake in ICICI Lombard through nine separate block deals on the BSE. The shares were sold at an average price of Rs 1,722.5 apiece, taking the deal size to Rs 663.16 crore. After the stake sale, the shareholding of Bharti Enterprises declined to 1.63 per cent from 2.43 per cent. ICICI Bank purchased 21 lakh shares, representing a 0.4 per cent stake in its subsidiary ICICI Lombard, for 361.72 crore. After the stake purchase, ICICI Bank's stakeholding in the ICICI Lombard increased to 51.7 per cent from 51.27 per cent. Share

The price band for the IPO is Rs 542-570 per share. At the top end, the IPO size is Rs 4,275 crore, making it the largest issue in almost a year

Del Monte Foods has remained a small venture and is unable to compete with larger packaged foods businesses, said an executive of Bharti Enterprises

Del Monte Foods has remained a small venture and is unable to compete with larger packaged foods businesses, said an executive of Bharti Enterprises

Mittal is the first Indian citizen to be awarded the Knight Commander of the Most Excellent Order of the British Empire (KBE) under King Charles III

The rollout of satellite-based communication services by Bharti Enterprises -backed OneWeb and Reliance Jio will be affected by the delay in appointing Vaghela's successor

Bharti Enterprises Chairman Sunil Bharti Mittal will be the co-chair of the new entity while Shravin Bharti Mittal will be a director on the board of Eutelsat Group and Bharti's lead

The intent is clear and these are the bold enablers to reach the final destination. After all, it took decades for the European Union to take its shape and be in its current form

As the African Union joined the G20 on Saturday, Sunil Mittal, Founder and Chairman of Bharti Enterprises said the day will be remembered as a "defining milestone" towards charting more inclusive compositions across international organisations and their bodies. Mittal congratulated Prime Minister Narendra Modi "for successfully leading the inclusion of the African Union as a permanent member of the G20". "My hearty congratulations to PM Narendra Modi for successfully leading the inclusion of the African Union as a permanent member of the G20. As this announcement finds its way from New Delhi to the world, I am certain that this day will be remembered as a defining milestone towards charting more inclusive compositions across international organisations and their bodies," Mittal said in a statement. Mittal added he has personally witnessed the government's "uncompromising focus" on this inclusion through his engagement as Chair of the B20 Action Council on African Economic ...

'If you want to put out 5G fast, we need access to V and E bands'

Brookfield Asset Management says deal marks its commitment to build 'future-ready office environments' in India

Global investment firm Brookfield has closed a deal to acquire a 51 per cent stake in Bharti Enterprises' four commercial properties, including Worldmark at Aerocity in the national capital, at an enterprise value of Rs 5,000 crore. In a statement, Bharti Enterprises and Brookfield Asset Management on Monday announced the successful closure of their joint venture agreement for a 3.3 million square feet portfolio of commercial properties primarily located in the Delhi-NCR region. The properties include Worldmark Aerocity (Delhi), Worldmark 65 and Airtel Center (Gurgaon) and Pavillion Mall (Ludhiana). "As part of this deal, a Brookfield-managed private real estate fund now owns a 51 per cent stake in this joint venture, while Bharti Enterprises continues with a 49 per cent stake. The enterprise value for the transaction is around Rs 5,000 crore," it added. Bharti Realty Ltd is the real estate arm of Bharti Enterprises, which has a presence in telecom, real estate, insurance, hospital

He also asserted that while consumers are ready, "but somehow, as an industry, we have not been able to come to an understanding of increasing ARPUs so that this industry can be healthy"

The telecom industry's financial health needs to improve if India's dream of digital connectivity across the country has to be fulfilled, Bharti Enterprises Vice-Chairman Akhil Gupta said on Tuesday. Very poor return on capital is a big hindrance in telecom development in India today and unless it changes, investments will dry up at some point or the other, he said while speaking at the Times Network India Digital Fest here. However, due to competitive reasons increasing average revenue per user (ARPU) has been difficult and the industry players need to work together so that the ARPU goes up to Rs 300 in a phased manner in the next few years. "The big hindrance in telecom development in India today is the very poor return on capital, which this industry has, and at some point in time, that will have to change because otherwise, the investments will dry up at some point or the other," Gupta said. Return on capital is a big hindrance today and that's the reason why "a very big and a

Experts attribute the trend to stamp duty cut by Maharashtra govt, reduction of prices by developers saddled with unsold inventory