Bharti Airtel Ltd News

'Conversion of Airtel statutory liabilities into equity needs scrutiny'

Bharti Airtel's about Rs 41,000-crore of adjusted gross revenue (AGR) dues will not be converted into equity automatically as the telco's application for such conversion will go through a scrutiny at the Department of Telecom (DoT), an official source said on Friday. Bharti Airtel has sought conversion of its AGR dues of around Rs 41,000 crore, including interest liability, into equity in line with the relief given to debt-ridden Vodafone Idea by the government. "The application does not mean that it will be processed automatically. It needs to be evaluated and scrutinised before any final decision is made," the source said. An e-mail seeking comments from Bharti Airtel elicited no reply. The government has given relief to Vodafone Idea by converting its dues worth Rs 53,000 crore into equity ownership in the company. The government has recently increased its stake in Vi to 48.99 per cent from 22.6 per cent by converting dues worth Rs 36,950 crore. Earlier, the government had ...

Airtel follows Vi, dials DoT for conversion of pending spectrum dues

If firm's plea is accepted, govt will hold a stake in 4 telcos

Airtel powers 5G service with spectrum buy from Adani Data Networks

Bought by ADN in the 2022 5G auctions, the airwaves are in the sought-after 26 GHz band

Airtel to acquire 400 MHz spectrum from Adani Enterprises in 5G boost

Adani Data Networks secured the right to use 400 MHz of spectrum in the 26 GHz millimetre wave band in August 2022. However, the company never rolled out its 5G services

Nifty above 200-DMA after 4 months; is this the start of a new bull-run?

The Nifty 50 index has surged over 11 per cent in the last eight trading sessions, and in the process has conquered its key moving averages, shows the daily chart.

Why did Sensex rally 1,950 pts from day's low on Thursday; key reasons here

Renewed buying by FIIs, coupled with short-covering on hopes of likely trade deals with the US fueled today's market rally, say analysts. The Sensex reclaimed 78,500-mark, and Nifty topped 23,850.

Bharti Airtel hits record high, stock rallies 3%; market cap tops ₹ 11 trn

Bharti Airtel is now ranked 4th on the Indian stock exchanges in terms of market-cap; the stock has rallied nearly 15% in the last one month.

Where to invest as markets overcome tariff fears? Analysts weigh in

From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts

Bajaj Finance, Bharti Airtel, IndiGo, Narayana Hrudayalaya hit record highs

Shares of Airtel hit a record high of ₹1,818, as they soared 3.5% in intra-day trade, surpassing its previous high of ₹1,778.95 touched on September 26, 2024.

Airtel, Bajaj Finance, IndiGo: At new highs; are they worth your portfolio?

Technical charts suggest that shares of Bharti Airtel, Bajaj Finance and IndiGo can potentially appreciate another 15% from present levels; here are the key support and resistance levels to track.

Bharti Airtel shares rally 3%, near record high on strong earnings hopes

Driven by tariff repair in the India wireless segment, Airtel's free cash flow generation improved significantly over the past few years.

Stocks to Buy: These domestic-linked stocks can beat Trump tariff woes

Stocks to Buy: Analysts at Motilal Oswal Financial Services believe ICICI Bank, L&T, RIL, Indian Hotels, and Dixon Tech could be among stocks that may be insulated from Donald Trump-induced trade war

Airtel lands India's 20th undersea cable to connect with Africa, Europe

System is part of 45,000 km-long '2Africa', which will be the world's longest cable once completed

CLSA bullish on Airtel, Tata Comm; sees data business driving growth

CLSA assigned a target price of ₹1,890 apiece for Bharati Airtel and ₹2,070 per share for Tata Communications

Airtel prepays additional spectrum dues of Rs 5,985 cr for 2024 auctions

Airtel subsidiary redeems $1 billion worth of perpetual bonds

Bharti Airtel prepays additional Rs 5,985 crore of high-cost spectrum dues

Bharti Airtel and subsidiary Bharti Hexacom have prepaid an additional Rs 5,985 crore of high-cost spectrum liabilities to the government, the telco said on Wednesday. Airtel's subsidiary Network i2i has also voluntarily called and redeemed USD 1 billion in 'perpetual debt securities'. "Bharti Airtel and its subsidiary Bharti Hexacom have prepaid additional Rs 5,985 crore to the Department of Telecom thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024 auctions," the Sunil Mittal-led company said. Network i2i Ltd has also voluntarily called and redeemed USD 1 billion in 'Perpetual Notes'. "Underscoring its commitment to financial prudence, operational efficiency, and its strong capital position, Airtel continues to prepay its high-cost spectrum liabilities, lowering its debt and cost of debt," it said. Airtel has now prepaid Rs 25,981 crore of high-cost spectrum liabilities for the current 2025 fiscal year and has cumulatively prepaid

Jio, Airtel, Vi plan roll out of built-in caller ID to curb spam calls

Telecom operators like Jio, Airtel, and Vi have engaged vendors for a caller ID service on all smartphone screens without requiring any third-party app like Truecaller

Starlink deal: Regulatory, pricing woes outweigh positives for Airtel, RIL

Airtel share price, RIL share price: Ambiguity over regulatory clarity may keep upside in the stocks restricted, analysts cautioned

Starlink deal: Can the stars shine bright for Airtel, RIL? Chart check here

Shares of Reliance and Airtel are in focus amid the Starlink deal; while MTNL too was in limelight on land monetisation news. Here are the key levels to watch out on these 3 telecom stocks.

Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd

Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday. "The shareholding of 69.94 per cent, held by Bharti Airtel Limited in Airtel Payments Bank Limited, is being transferred to the Company's wholly-owned subsidiary (i.e. Airtel Limited), post receiving requisite regulatory and corporate approvals. The above is an internal reorganisation of shareholding in the Bank and has no impact on the ownership of the Bank," Bharti Airtel said in the filing. According to the filing, the requisite regulatory and corporate approvals with regard to the transaction have been received by the company. Airtel Payments had a turnover of Rs 1,835.8 crore in 2023-24. "The transfer of shareholding falls within the purview of related party transactions and shall be done at arm's length," the filing said.