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 […]
A Muhurat-to-Muhurat analysis of the stock market performance of India’s top 10 business houses by market capitalization shows that the Bharti Airtel group posted the highest gain of 24.8 in market capitalization during the Samvat 2081, helped by a strong recovery in profitability of the group’s flagship telecom company Bharti Airtel. The Bajaj group led […]