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Bharti Infratel News
Stocks in Focus on June 25: Canara Bank, Bharti Infratel to Andhra Paper; here are expected newsmakers of the day
Thu, Jun 25, 2020
Stocks in Focus on June 25: Canara Bank, Bharti Infratel, Andhra Paper, etc. are expected newsmakers throughout the intraday trade session.
Bharti Infratel board to meet tomorrow
Sun, Feb 23, 2020
To decide the future course of action after it received the Department of Telecommunication's (DoT) approval for foreign direct investment (FDI) for merger with Indus Towers, according to a filing to the stock exchange on Saturday.
Stocks in Focus on December 26: Bharti Airtel, Piramal Enterprises to Wipro; here are the 5 Newsmakers of the Day
Thu, Dec 26, 2019
Bharti Airtel, Bharti Infratel, Wipro, Yes Bank and Piramal Enterprises are the top five stocks that are expected to remain newsmakers throughout the intraday trade session.
Stock picks: Top shares to buy? Check these 5 scrips
Fri, Jul 26, 2019
Brokerage Edelweiss said Tata Motors' demand outlook remained challenging, and it expected free cash flow (FCF) to remain negative for JLR through FY21.
Indus Towers, Bharti Infratel merger in advanced stage; Bimal Dayal named CEO of new entity
Tue, May 21, 2019
Hemant Ruia, currently CFO of Indus Towers, is proposed to be appointed as the Chief Financial Officer of the combined entity, the statement added.
Stocks in Focus on April 25: Biocon, Indiabulls Housing to M&M Finance; here are the 5 newsmakers of the day
Thu, Apr 25, 2019
Domestic stocks market reported sharp gains, snapping the losses of three sessions, to end in a green mark on Wednesday, April 24, 2019.
Bharti Infratel's DS Rawat not keen to continue as CEO post-merger with Indus Towers
Wed, Apr 24, 2019
Bharti Infratel on Wednesday said its current MD and CEO DS Rawat is not willing to take up the top job after merger with Indus Towers.
Market closing: Sensex jumps close to 300 points, Nifty closes 80 points up
Fri, Dec 28, 2018
In what was another cheerful day for traders, BSE Sensex rocketed 380 points up, whereas Nifty 50 surged 110 points breaching 10,900, levels during the session. The 30 share Sensex closed at 36,076.72, climbing 270 points or 0.75 per cent up.
Sensex gains 157 points, Nifty up by 50 points; Bank Nifty down amid fund infusion prospects
Thu, Dec 27, 2018
Nifty and sensex breached the levels of 10,830 and 36,000 respectively during trading hours. Major contributing sectors were energy, oil and gas, capital goods, IT. Whereas, auto, bank, consumer goods and pharma had a huge selling in the last session.
Bharti Infratel-Indus Towers merger: Deal unlikely to hit jobs
Sun, May 13, 2018
Bharti Infratel-Indus merger: The merged entity will have in its fold more than 163,000 towers across India - largest after China Tower. Bharti Airtel and Vodafone will jointly control the combined firm. The transaction, subject to regulatory and other approvals, including from the Competition Commission of India (CCI), Securities and Exchange Board of India (SEBI), National Company Law Tribunal (NCLT), Department of Telecom (FDI approval), is expected to close before the end of the fiscal year
Bharti Infratel, Indus likely to invest Rs 3,500 crore capex for FY19 ahead of merger
Mon, May 07, 2018
The transaction is subject to regulatory and other approvals which the two companies will now pursue, starting with Competition Commission of India (CCI) and thereafter Sebi, NCLT and Department of Telecom (FDI approval). The companies have said the deal is expected to close before the end of 2018-19.
Bharti Infratel, Indus Towers deal: Rs 210 cr cut in tax bill seen; check out more benefits
Fri, Apr 27, 2018
The $14.5 billion (Rs 96,773 crore) union between Bharti Infratel and Indus Towers will improve the capital structure of the combined entity and make dividend outgo more tax efficient, according to analysts.
Indus Towers, Bharti Infratel merging to become world No.2 for masts
Wed, Apr 25, 2018
The combined company, which will lag only China Tower, will remain listed on Indian bourses. It will have a nationwide presence with more than 163,000 towers, the owners of both companies said in a joint statement on Wednesday. Top Indian telecoms carrier Bharti Airtel, the majority owner of Bharti Infratel, will end up with a stake of 33.8 percent to 37.2 percent in the combined entity, which will be called Indus Towers
Sensex, Nifty trade rangebound; Nifty PSU Bank top loser
Wed, Feb 14, 2018
The domestic market opened higher on Wednesday even as Asian markets were trading mixed as investor nerves were strained ahead of a US inflation report that could soothe, or inflame, fears of faster rate hikes globally.
Bharti Airtel completes share sell in tower arm for Rs 3,325 crore; Infratel plunges by 4%
Tue, Nov 14, 2017
This would be second share sale carried out by Bharti Airtel in it's subsidiary. Earlier in August, the company sold 67.53 million shares in Bharti Infratel aggregating up to Rs 2570 to pare debt.
Bharti Airtel unit selling $400 million Bharti Infratel stake
Mon, Nov 13, 2017
Nettle Infrastructure Investments Ltd is offering to sell an about 3.5% stake in Bharti Infratel in a price range of 400 rupees to 415.5 rupees per share, the term sheet showed.
Airtel sells 3% Bharti Infratel stake for Rs 2570 crore to pare debt
Tue, Aug 08, 2017
Airtel said it completed stake sale in Bharti Infratel. The company along with its subsidiaries now owns 58% in Bharti Infratel.
Bharti Airtel subsidiary selling stake in Bharti Infratel for up to $400 million
Mon, Aug 07, 2017
Indian telecoms group Bharti Airtel Ltd has launched a sale of a 3.7 percent stake in tower arm Bharti Infratel Ltd for up to 25.52 billion rupees ($400 million), according to a deal term sheet.
Fast 50 | Sensex ends 100 points higher, Nifty closes below 9450; L&T, Bharti Infratel gain
Tue, May 23, 2017
Sensex ends 100 points higher, Nifty closes below 9450; L&T, Bharti Infratel gain Zee Business is one of the leading and fastest growing Hindi business news channels in India.
Private equity investments up 69% in April to $3.16 billion
Sun, May 14, 2017
India's Private equity (PE) investments has recorded a significant upturn in April with deals worth $3.16 billion up 69% from a year ago, due to big ticket transactions.