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Mittal Offloads ₹8,500 Cr Worth of Shares in Airtel
February 19, 2025
|The New Indian Express Vellore
Promoter group firm ICIL has sold 5.1 cr shares of 2nd largest telecom co
Sunil Bharti Mittal-backed Indian Continent Investment Limited (ICIL) has offloaded ₹8,500 crore worth of shares in Bharti Airtel.
According to a statement released by the company, ICIL sold 5.11 crore shares of Bharti Airtel through a market transaction. Bharti Telecom Limited, one of the largest promoters of Bharti Airtel, will acquire 1.20 crore of those shares. ICIL currently holds 3.31% in Bharti Airtel. "Indian Continent Investment Limited (ICIL), a promoter-group entity of Bharti Airtel Limited, has today sold 0.84% shareholding (5.11 crore shares) in Airtel via a market transaction, for an aggregate amount of ₹8,485.11 crore," Bharti Airtel said on Tuesday in an exchange filing.
هذه القصة من طبعة February 19, 2025 من The New Indian Express Vellore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vellore
The New Indian Express Vellore
Custodial torture victim seeks transfer of Balveer Singh case to SC/ST court
DURING the hearing of four custodial torture cases involving former Ambasamudram ASP Balveer Singh on Friday, the counsel for the SC victim - one of nearly 10 persons affected -sought the transfer of one of the cases to the Special Court for SC/ST (Prevention of Atrocities) Act cases.
1 mins
November 01, 2025
The New Indian Express Vellore
Ration on doorstep: TN lowers eligibility age from 70 to 65 yrs
THE Tamil Nadu government has lowered the eligibility age for home delivery of PDS (public distribution system) goods for senior citizens from 70 years to 65.
1 min
November 01, 2025
The New Indian Express Vellore
Vijay to appoint zonal secretaries to strengthen coordination with top brass
AMID growing discontent among TVK cadre over lack of communication from the top leadership, party president and actor Vijay has decided to introduce a zonal-level structure to strengthen coordination within the party.
1 mins
November 01, 2025
The New Indian Express Vellore
WHY NERDS ARE HERDING TO PUBS
ALL cats die. Socrates is dead. Therefore Socrates is a cat,\" said the Logician in Eugène Ionesco's play Rhinoceros.
4 mins
November 01, 2025
The New Indian Express Vellore
THE 65-YEAR-OLD WHO RECLAIMED HIS LIFE WITH GOVERNMENT AID
The life of Unnikrishnan, a 65-year-old from Thirunavaya, Malappuram in Kerala is nothing short of a family drama movie. One day, he was an expatriate; from there, he fell into neck deep destitution.
2 mins
November 01, 2025
The New Indian Express Vellore
INDUCED RAIN LEAVES A CLOUD OF QUESTIONS
N a region where agriculture, commerce, and culture have been shaped by monsoon rains for millennia, artificially induced precipitation is bound to be seen as a spectacle just short of a miracle.
1 mins
November 01, 2025
The New Indian Express Vellore
IMD predicts warmer Nov, no harsh winter
NOVEMBER is likely to be relatively warmer and wetter than usual in most parts of the country, according to the India Meteorological Department.
2 mins
November 01, 2025
The New Indian Express Vellore
NIA court declares Pakistani official proclaimed offender
A special NIA court in Chennai on Wednesday declared Pakistani official Amir Zubair Siddiqui as a proclaimed offender after he failed to honour the court's summons to appear on October 15.
1 min
November 01, 2025
The New Indian Express Vellore
Fiscal deficit widens 21% to ₹5.7L cr in H1
THE Centre's fiscal deficit widened 21% year-on-year in the first six months of the current financial year to ₹5.7 lakh crore as the government accelerated capital expenditure amid muted tax revenue growth.
1 min
November 01, 2025
The New Indian Express Vellore
City Union Bank receives $50 million from IFC to support MSME solutions
CITY Union Bank on Friday announced that it has secured $50 million commitment from International Finance Corporation (IFC), a member of World Bank Group.
1 min
November 01, 2025
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