Bharti Telecom

The telecom operator, which holds a stake in Bharti Airtel, plans to raise funds in three tranches and has invited bids from investors on Friday

Transaction to cost around Rs 12,900 crore; family currently owns 24.13% stake in Airtel

Singtel's effective stake in Bharti Airtel is 31.7 per cent. It holds a 49.44 per cent stake in Mittal family owned firm Bharti Telecom

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Here are the top 10 headlines on Tuesday morning

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Bharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 per cent stake in the telecom firm

Bharti Telecom stake in the company will increase 50.1 per cent in Bharti Airtel from 45.48 per cent and ICIL stake will come down to 2.03 per cent