Bharti Airtel eyes $1 billion from 25% stake sale in African unit
Airtel is turning to its overseas arms to cut debt, as its prepares to list its Africa unit on London Stock Exchange.
Bharti is said to kick off IPO of $5 billion Africa arm in May
The IPO could be one of the biggest in London this year.
Airtel Africa constitutes new board post equity allotment to 6 investors
Airtel Africa has been experiencing healthy revenue growth in voice ...
Airtel Africa stake dilution to ease pressure, but threat of downgrade remains: S&P
Wednesday, Bharti Airtel’s Africa unit said it is raising $1.25 billion.
Bharti Airtel shares rise 2% as board mulls fund raising
Airtel plans to raise over Rs 15,000 crore via rights issue to build a war chest to cut debt and meet 4G capex needs.
Bharti Airtel appoints Nakul Sehgal as Corporate Chief Financial Officer
Bharti Airtel Thursday said that it has roped in Telenor's Malaysian unit former CFO Nakul Sehgal as Corporate Chief Financial Officer, to look after fund raising of the company and Airtel Africa IPO.
Airtel Africa completes pre-IPO placement to 6 investors, rakes in $1.25 billion
After the pre-IPO issue, Bharti Airtel’s stake in Africa unit will dip to around 65%.
Six global investors, including Softbank group and SingTel, to invest $1.25 bn in Airtel Africa
In a statement Wednesday, Airtel Africa Ltd, a UK-based subsidiary of Bharti Airtel Ltd, said post investment, the deal pegs its equity value at around $4.4 billion.
Why Deven Choksey prefers largecap IT; is staying away from PSUs
Bullish on IT cos that shifted conventional model to model being demanded by marketplace, says Choksey.
Bharti Airtel board meet on February 28 to mull fund raising
Airtel planned to raise over Rs 15,000 crore via a rights issue to build a war chest to cut debt and meet 4G capex needs.
Airtel board to meet on Feb 28 to consider panel recos on fund raising
ET has reported that Airtel was planning a Rs 12,000-15,000 crore rights issue to create a war chest to cut debt and meet 4G capex needs.
Sukhjit Pasricha quits Bajaj Finance to join Kotak Mahindra Bank
Pasricha had joined Bajaja Finance (Bajaj Finserv) early last year after serving in IndiGo for five years where he shepherded rapid expansion.
Bharti Airtel stays in the black on one-time gain: Q3 takeaways
Bharti Airtel's profit attributable to the parent plunged 71.81 per cent to Rs 86.20 crore in Q3.
Airtel Africa Q4 profit jumps to Rs 699 crore
The Sunil Mittal-led mobile carrier’s Africa revenue climbed 1.5% to Rs 4,971.3 crore.
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