Latest Updates Around The World
Singapore Telecommunications Ltd (Singtel) will reportedly offload about 0.8% stake in Bharti Airtel through a block deal worth Rs 10,300 crore. The deal has a minimum price of Rs 2,030 per share, which reflects a discount of 3.1% to Bharti Airtel’s last closing price.The stake sale is likely part of Singtel’s ongoing efforts to restructure […]
Bharti Airtel’s consolidated net profit rose 83% year-on-year in the second fiscal quarter, boosted by higher average revenue per user (ARPU), continued premiumization in India’s mobile and home segments.Airtel’s quarterly net profit stood at Rs Rs 6,791.6 crore, up from Rs 5,947.9 crore, better than analyst estimates. The Sunil Mittal-led telco beat estimates as an […]
