
Business
CARE downgrades rating on Vodafone Idea's loans in view of SC's AGR verdict
The Supreme Court, last week, had upheld the government's way of computing the telecom revenue, from which dues like licence fee and spectrum usage charges are derived

Business
Bharti Airtel completes tender offer to buyback $1.5 bn debt to manage capital structure, reduce gross debt
Bharti Airtel International (Netherlands) B V commenced cash purchase of $1.5 billion, 5.125 percent Guaranteed Senior Notes due in 2023.

News & Analysis
Ratings agency issues ‘BBB’ rating to Bharti Airtel; marks IDR outlook as stable
Fitch Ratings has affirmed Bharti Airtel's long-term foreign currency Issuer Default Rating (IDR) as stable, a statement said here on Friday.