Versuchen GOLD - Frei
Airtel's stake sale attracts top investors
Mint Chennai
|February 19, 2025
QG Partners LLC and Fidelity Investments were among the several big name investors which bought into Bharti Airtel Ltd, according to people familiar, as billionaire-founder Sunil Bharti Mittal seeks funds for newer opportunities.
Indian Continental Investment Ltd, a founder entity of Bharti Airtel Ltd sold 0.84% stake or 51 million shares for ₹8,485 crore ($976 million) and nearly a fourth of that was bought by another group firm Bharti Telecom Ltd, according to an exchange filing Tuesday.
Lazard Inc, SBI Life Insurance Co., ICICI Prudential Life Insurance Co. were among the other investors which picked up the remaining shares, according to people aware of the development, who did not want to be named as the information is private.
Diese Geschichte stammt aus der February 19, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
Apple to revamp AI team after announcing top executive's departure
Apple is shaking up its AI ranks, poaching a Microsoft executive and reorganizing after announcing the retirement of its top AI leader, whose tenure was defined by the company’s artificial-intelligence struggles.
2 mins
December 03, 2025
Mint Chennai
Time, and not capital, isa disruptor: Wakefit founder
The IPO-bound company has developed an asset-light approach to building offline presence
2 mins
December 03, 2025
Mint Chennai
Tata Comms acquires 51% stake in Commotion
Tata Communications has acquired a 51% stake in Commotion Inc., a leading AI-native enterprise SaaS platform with operations in US and India in a deal valued at ₹227 crore, as per a filing with the exchanges on Tuesday.
1 min
December 03, 2025
Mint Chennai
Airbus to inspect hundreds of A320s for panel defect
The extra inspections will risk slowing down delivery of newly-produced jets
1 mins
December 03, 2025
Mint Chennai
Europe’s green energy rush slashed emissions—and crippled the economy
European politicians pitched the continent's green transition to voters as a win-win: Citizens would benefit from green jobs and cheap, abundant solar and wind energy alongside a sharp reduction in carbon emissions.
9 mins
December 03, 2025
Mint Chennai
Sitharaman urges global action on new economic risks
The finance minister said that economic governance must rest on fairness and responsibility
1 mins
December 03, 2025
Mint Chennai
Sberbank keen on India infra projects
Sberbank, Russia’s largest bank, is interested in partnership and participation in large-scale infrastructure projects in India.
1 min
December 03, 2025
Mint Chennai
Delayed visas for Chinese may trip battery dreams
that a person whose visa has expired needs to go back, which creates an unnecessary obstacle to projects. \"This process needs to be fastracked,” he said.
1 mins
December 03, 2025
Mint Chennai
Youngsters lap up multiplex ticket discounts but shrink F&B spending
Urban, youth-centric films such as Saiyaara and FI: The Movie are setting cinema cash registers ringing, bringing returns for multiplexes that are trying to attract audiences with discounts and buy-one-get-one offers.
2 mins
December 03, 2025
Mint Chennai
Chinese rare-earth dealers find ways to dodge Beijing’s export restrictions
atures up to around 300 degrees Fahrenheit, sufficient for use in many types of home appliances.
2 mins
December 03, 2025
Listen
Translate
Change font size