Bharti Telecom

UK govt approves Bharti Global's acquisition of 24.5% stake in BT

The UK government has approved Bharti Global's acquisition of a 24.5 per cent stake in BT following a detailed national security assessment of the process since the Indian multinational and British telecom major announced the deal back in August. The Cabinet Office said its decision comes into force on Monday after an assurance that BT would set up a National Security Committee to oversee strategic work. The order noted that Bharti Televentures UK Limited acquired 24.5 per cent of the issued share capital of BT -- 9.99 per cent on August 12, 2024, and 14.51 per cent on November 18, 2024. "Following a detailed national security assessment, the Chancellor of the Duchy of Lancaster has made a Final Order pursuant to section 26 of the National Security and Investment Act 2021, which comes into force on 16 December 2024," the Cabinet Office said in a statement. "The Acquisition is a trigger event under section 8(8) of the Act. The Chancellor of the Duchy of Lancaster has approved the ..

Bharti Telecom raises Rs 11,150 crore via bonds to fuel investment goals

REC looking to raise Rs 6,500 crore this week

Bharti Telecom accepts Rs 11,150 cr bids for biggest bond issue of FY25

This is also the country's biggest corporate bond issue in the current financial year, surpassing State Bank of India's issue in July, where it had raised Rs 10,000 crore

SingTel sells 0.8% stake in Bharti Airtel for $711 mn to GQG Partners

Post the transaction, SingTel will hold an effective stake of 29 per cent in Airtel, which would be valued at around S$33 billion

Airtel explores $1bn fundraising to prepay majority of 2015 spectrum dues

Bharti Airtel bought a spectrum worth Rs 29,130.20 ($3.54 billion) during an auction in March 2015 out of which Rs 10,000-12,000 crore remains in dues

Bharti Telecom plans its biggest-ever rupee bonds worth Rs 8,000 cr

The issuance is also Bharti's first in the onshore market in almost a year. It raised Rs 3,200 crore through three-year notes in December last year

Bharti Telecom plans to tap bond market to raise Rs 7,000 crore

The telecom operator, which holds a stake in Bharti Airtel, plans to raise funds in three tranches and has invited bids from investors on Friday

Mittal family increases stake in Airtel, group arm to buy 3.3% from Singtel

Transaction to cost around Rs 12,900 crore; family currently owns 24.13% stake in Airtel

Singtel to sell 2%-4% stake in Bharti Airtel to Sunil Mittal family

Singtel's effective stake in Bharti Airtel is 31.7 per cent. It holds a 49.44 per cent stake in Mittal family owned firm Bharti Telecom

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Top biz headlines: ATMs to become virtual bank branches, Airtel deal & more

Here are the top 10 headlines on Tuesday morning

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Bharti seeks Rs 4,900-cr FDI nod; infusion to make Airtel foreign firm

Bharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 per cent stake in the telecom firm

Bharti Telecom to raise Bharti Airtel stake to 50.1%

Bharti Telecom stake in the company will increase 50.1 per cent in Bharti Airtel from 45.48 per cent and ICIL stake will come down to 2.03 per cent