airtel stake

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

Jefferies raised Bharti Airtel's target price to Rs 2,350 on strong Q4FY26 performance, while JP Morgan upgraded Cipla to overweight citing improved earnings visibility and attractive valuations. Morgan Stanley maintained an underweight rating on Dixon Technologies due to revenue and EBITDA misses, and HDFC Securities upgraded Hyundai Motor India to add, noting management's renewed focus on domestic growth and exports.

Bharti Airtel is boosting its data centre investments, while Jubilant Foodworks exits Dunkin' to focus on Domino's. Indigo appoints a new CEO with extensive aviation experience. Nephrocare Health Services shows strong growth potential in dialysis services. RateGain Travel stands out with its unique travel-tech solutions and AI resilience.

Bharti Airtel promoter Bharti Telecom will buy a 3.3% airtel stake from Singtel (Singapore Telecommunications) for about Rs 12,895 crore in 90 days, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal’s family and Singtel are co-investors in Bharti Telecom.

Bharti Airtel plans significant investments in Airtel Money and a progressive dividend policy. Singtel may reduce its stake, while Bharti Airtel eyes increasing its stake in Indus Towers. Groww's broking growth is slowing, but non-broking ventures show promise. Eternal's stock correction presents a buying opportunity. Dixon Technologies could benefit from an extended Mobile PLI scheme.

Bharti Airtel promoter Bharti Telecom will buy a 3.33 per cent airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days' time, the telecom operator said on Thursday.

Bharti Airtel on Wednesday said it has picked up a strategic stake in Waybeo under its start-up accelerator programme, in line with its strategy to ramp-up cloud offerings. The company did not divulge into the financial details of the deal.

Singapore-based telecom firm Singtel is in talks with Bharti Airtel chairman Sunil Mittal to sell its 2-4 per cent stake in the company, a source aware of the development said on Thursday.

New Delhi, Apr 25 () Bharti Airtel today said it will engage with potential investors to evaluate a strategic stake sale in the new tower company, after merger of Bharti Infratel and Indus Towers is completed.

New Delhi, Aug 8 () Telecom major Bharti Airtel today said it has sold 6.75 crore shares, about 3.65 per cent stake, in its tower firm Infratel for Rs 2,570 crore.

Indian Continent Investment, a promoter group entity of Bharti Airtel, is set to sell a 0.8% stake in the telecom giant for approximately Rs 9,310 crore through block deals. The deal, managed by Jefferies and JP Morgan, involves offloading up to 5 crore shares at a discounted price.

Bharti Telecom is the single-largest shareholder in Bharti Airtel with about 41 per cent equity stake.

Telecom major Bharti Airtel on Thursday said its board approved the merger of wholly owned subsidiary Airtel Broadband Services with itself.

New Delhi, Dec 12 () Bharti Airtel today said an affiliate of private equity firm Warburg Pincus will acquire up to a 20 per cent stake in its DTH arm Bharti Telemedia for about USD 350 million (around Rs 2,310 crore).

Singapore Telecom is set to offload 0.8% of its stake in Bharti Airtel through block deals, potentially raising approximately Rs 8,600 crore, equivalent to $1 billion. Pastel Ltd, a Singtel arm, will be selling 4.76 crore Bharti Airtel shares at a floor price of Rs 1,800 per share, a 3.6% discount.

Airtel acquired 1% of Indus Towers' shares from Vodafone PLC, increasing its ownership to 48.95%. Vi contributes 35-40% of Indus Towers' revenue, with Ambit Capital estimating Vi's dues to be around Rs 10,000 crore.

Sunil mittal has become majority stake owner in Bharti Airtel.

New Delhi, Aug 29 () Bharti Airtel today said its DTH arm Bharti Telemedia has received government's approval for transfer of its 15 per cent stake to private equity firm Warburg Pincus.

Bharti Telecom has sought government nod for the infusion of Rs 4,900 crore investment from Singapore-based Singtel and other foreign entities, a move that would make the country's oldest private telecom operator a foreign entity. The fund infusion will enhance foreign stakeholding in Bharti Telecom to over 50 per cent that will make it a foreign-owned entity.

Singapore-based SingTel has increased its stake in one of India’s largest telecom companies, Bharti Airtel, to 32.25%, with the purchase of shares worth about Rs 93 crore.

Airtel denies Vodafone stake talks, stresses financial consolidation within regulations. Emphasizes Indus Towers' significance for Airtel's services and commitment to financial stability. Q4 results reveal profit growth and revenue increase.

New Delhi, Dec 13 () Shares of direct-to-home operators today rallied over 7 per cent after private equity firm Warburg Pincus announced plans to acquire stake in Bharti Airtel's DTH arm.

The two Vodafone members have resigned following the takeover of the Hutchison-Essar by Sunil Mittal-led Bharti Airtel.

Bharti group Chairman Sunil Mittal today said he has no intention of buying back around 4 per cent stake that UK-based Vodafone, which also operates in India, holds in his Bharti Airtel.

Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, underscoring the growing attraction of India's digital economy for US tech giants. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current market value of Bharti.