Sunil Bharti Mittal
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Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts
Fp Staff •Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday
Bharti Airtel promoter firm to raise $1 bn through equity to become debt-free; may sell nearly 15 cr shares: Report
Fp Staff •Bharti Telecom holds around 41 percent stake in Bharti Airtel, while foreign promoter entities own 21.46 percent stake in the telecom firm. Public shareholders have around 37 percent stake in the company.
AGR issue an 'unprecedented' crisis for telecom sector dealt with by govt, says Bharti Airtel Chairman Sunil Mittal
•Mittal on Wednesday said the telecom sector has been under stress for the last three-and-a-half years and the government should focus on its sustainability
AGR dues: Sunil Mittal, KM Birla meet Nirmala Sitharaman as their firms scramble to meet payment deadlines
•Mittal, who heads mobile service major Bharti Airtel, first met Telecom Secretary Anshu Prakash before going for the meeting with the finance minister
Expectations high on 'mini' trade deal, higher investments from US firms during Trump's visit: India Inc
•At the invitation of Prime Minister Modi, Trump is slated to travel to India on 24 and 25 February
Union Budget 2020-21: Industry leaders draw govt attention on ease of doing business in India
•India Inc leaders, including Bharti Enterprises Chairman Sunil Bharti Mittal, CII President Vikram Kirloskar and Assocham President Balkrishna Goenka, on Thursday asked the government to take measures to augment ease of doing business to "create more freedom for the industry to perform"
Narendra Modi meets Mukesh Ambani, Ratan Tata, other business heads to discuss economy ahead of Union Budget
•Ahead of the annual Union Budget presentation, Prime Minister Narendra Modi on Monday interacted with top business tycoons to discuss issues facing the economy and measures needed to boost growth and create jobs
Govt approves up to 100% FDI in Bharti Airtel; makes oldest private telecom operator a foreign entity
Fp Staff •Bharti Airtel also has the approval of the RBI that allowed foreign investors to hold up to 74 percent stake in the company
Bharti Airtel nearly doubles minimum recharge from Rs 23 to Rs 45 for prepaid customers
•The announcement pertains to prepaid subscribers of Bharti Airtel and Bharti Hexacom in all service areas
Vodafone Idea shares slip over 14% on concerns raised by chairman Kumar Mangalam Birla over statutory dues
•Shares of Vodafone Idea on Monday continued to fall and crashed over 14 percent in early trade spooked by concerns over statutory dues raised by its chairman Kumar Mangalam Birla