Page 12 - Bharti Airtel

Significant headroom for ARPUs to rise: Airtel asserts at analyst meet

Telecom operator Bharti Airtel's management has affirmed ambitions of Rs 300 ARPU with further tariff hikes and continued 'premiumisation' during a recent analyst meet, according to multiple reports

Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%

CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid

Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs

PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.

Bharti Airtel to acquire 7% stake in Avaada KNShorapur for Rs 1.74 cr

Bharti Airtel has entered into an agreement to acquire over 7 per cent stake in Avaada KNShorapur for Rs 1.74 crore as cash consideration, the telecom company said in a regulatory filing on Sunday

Airtel prepays Rs 8,815 cr of spectrum dues to reduce interest expenses

This is the second such prepayment by Airtel in the last three months and comes on the back of strong cash flow generation, equity infusion and borrowing at significantly lower interest rates

Airtel prepays Rs 8,815 cr towards deferred liabilities for 2015 spectrum

Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction. The prepayment is for instalments due in FY2027 and FY2028, the Sunil Mittal-led telco said in a statement. "Airtel prepays Rs 8,815 crore to clear deferred liabilities for spectrum acquired in 2015," the company said. Over the last four months, Airtel has cleared Rs 24,334 crore of its deferred spectrum liabilities ahead of schedule. These liabilities carried an interest rate of 10 per cent and have been paid off through a combination of free cash generated by the business, equity proceeds, and significantly lower cost debt of a similar tenor. Airtel said it continues to focus on financial flexibility via its capital structure, including optimising the cost of financing and capitalising on all opportunities of significant interest saves, like the latest prepayment.

Airtel demos 5G, showcases immersive experiences with high-speed network

Low latency helps in streaming a very high volume of data with minimal delay

Sensex rises 817 pts, Nifty near 16,600 as BJP set to win 4 states

CLOSING BELL: The markets, however, ended mildly off highs as European markets dropped up to 1 per cent in early deals as investors monitored the war in Ukraine and fluctuations in commodity prices

Bharti Airtel ties up with Axis Bank to launch credit card

Bharti Airtel and Axis Bank on Monday announced the launch of Airtel Axis Bank Credit Card as part of a strategic partnership to strengthen the growth of India's digital ecosystem

Sensex ends 1,414 pts off low, gains 389 pts; Tata Steel rises 6%, RIL 3%

Closing Bell: Hindalco (up over 7 per cent), Tata Steel, Power Grid, JSW Steel, Coal India, BPCL, Titan Company, RIL, and Indian Oil Corporation were the biggest large-cap gainers on the bourses today

Bharti Airtel dips 3% on plans to buy 4.7% stake in Indus from Vodafone

The agreement in on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in VIL and simultaneously remitted to Indus Towers to clear VIL's outstanding dues.

Airtel shareholders approve Google investment, Rs 1.17 tn biz deals

Bharti Airtel shareholders have approved the issue of preferential shares to Google for its about Rs 7,500 crore investment in the company to buy 1.28 per cent stake.

Stocks to Watch: Aurobindo, Sun Pharma, Future Retail, Vedanta, Voda Idea

Shares of Adani Power are likely to be in focus as the company received a favourable verdict from the Supreme Court against power discoms in Rajasthan.

Stake-sale overhang likely to keep Indus Towers stock under pressure

Rental renegotiations another dampener for the stock

Bharti Airtel to buy additional 4.7% stake in Indus Towers from Vodafone

Deal signed on condition that proceeds are used to clear Vi's dues

Bharti Airtel to acquire Vodafone's 4.7% stake in Indus Towers

Deal conditional upon Vodafone infusing fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers to clear VIL's outstanding dues

Top headlines: Russian troops advance on Kyiv; CBI arrests former NSE GOO

Business Standard brings you the top headlines on Friday

Sensex tanks 2,702pts, ends below 55K; Nifty gives up 16,250; Brent at $105

Closing Bell: Benchmark indices clocked their biggest one-day fall since March 2020 as Russia invaded Ukraine, rattling global markets

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz

Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum.

Indus Tower slips 14% after 3% equity changes hands on NSE and BSE

A combined 74.4 million equity shares had changed hands on the bourses till 9:52 AM. According to reports, British telecom giant Vodafone was in discussions to sell around 5% stake in Indus Towers