Page 39 - Bharti Airtel

Top headlines: India summons Korean envoy; Airtel Q3 net profit declines 3%

Business Standard brings you the top headlines on Tuesday

Sensex snaps 3-day losing run, ends 187 pts up; RIL gains 2%, PSBs shine

The 30-pack index was lifted by Tata Steel (up 3 per cent), RIL (up 2 per cent), Bajaj twins, and Asian Paints

Telecom gear company Huawei gets Rs 150 cr order from Bharti Airtel

Telecom gear company Huawei has bagged an around Rs 150 crore order for maintenance of Bharti Airtel's transmission network, a source said on Monday. The order is part of an existing deal between Huawei and Airtel and is in compliance with the National Security Directive on Telecommunication that allows continuation of old contracts. "The order given to Huawei is less than Rs 150 crore as part of annual maintenance contract," the source said. Email queries sent to Bharti Airtel and Huawei on the matter did not elicit any response.

Stocks to Watch: Tata Steel, Paytm, Go Fashion, BoB, Lupin, IndiGo, PSBs

Castrol, Indian Bank, Nalco, PolicyBazaar, Tarsons Products, Tube Investments of India, TVS Motor and Union Bank of India are some of the prominent companies to announce result today.

Bharti Airtel to spend Rs 1.17 trillion on subsidiaries in five years

Bharti Airtel has plans to spend about Rs 1.17 lakh crore through business transactions with its subsidiaries like Indus Towers, Nxtra and Bharti Hexacom

Bharti Airtel buys around 25% stake in startup Lavelle Networks

Lavelle Networks specialises in software-defined Wide Area Network (WAN) solutions and it serves a range of industry segments

Airtel buys around 25% equity stake in startup Lavelle Networks

Telecom operator Bharti Airtel on Monday announced an agreement to acquire about 25 per cent equity stake in Bengaluru-based technology startup Lavelle Networks.

Google to invest $1 bn in Bharti Airtel, to buy 1.28% stake for $700 mn

Google will set aside $300 million for potential investment in areas like smart phone access, networks, and cloud

India needs multi-pronged approach to connect 1.3 billion people: Airtel

India needs a multi-pronged approach to connect its 1.3 billion people and there will be no conflict of interest among vendor partners post Google's investment in Bharti Airtel

Sensex falls 884 pts from day's high, ends 77 pts down; Nifty holds 17,100

For the week, the Sensex and the Nifty indices are down 3% each

Google to invest $1 bn in Airtel in partnership for cheap smartphones, 5G

Deal includes investment of $700 million to acquire 1.28 per cent ownership in Airtel.

Google to invest in Bharti Airtel; stock jumps 6% before erasing gain

The deal includes investment of $700 million to acquire 1.28 per cent (shareholding including partly paid shares) ownership in Airtel and up to $300 million toward multi-year commercial agreements

Stocks to Watch: RBL Bank, TVS Motors, Fino Payments Bank, PNB, Telecom

3i Infotech, BEL, Dixon Tech, Kotak Bank, Karnataka Bank, Larsen & Toubro, Marico, NIIT, Naukri, Suzlon, United Breweries and Vedanta to announce results today.

Airtel Africa enters into UK's FTSE 100 Index from Jan 31

Airtel Africa listed on the London Stock Exchange in June 2019. The company commands a market capitalisation of close to $8 billion

Telcos seek spectrum allocation via auction only, satellite players oppose

Telecom players have demanded up to 95 per cent cut in reserve price for spectrum in mid-frequency range

Bharti Airtel gains 4% on on plans to raise fund via preferential issue

The company's board will meet on January 28, to consider raising funds via a preferential share issue to investors other than its promoter group.

Separate 5G band and aviation radar frequency: Bharti Airtel to Trai

Experts say that unlike the US, India already has a large separation between the two bands

Bharti Airtel, L&T, M&M among top trading bets ahead of Budget 2022

Major stocks have broken out on upside, any trigger in Budget 2022 could see sharp up move

Jio adds 2.01 mn users in November, Bharti Airtel 1.3 mn as per TRAI data

Vodafone Idea continues to lose customers and in November its subscriber base shrank by 1.8 million

Govt to own 35.8% in Vodafone Idea after converting dues, says company

This will result in dilution for all the existing shareholders of the company, including the founders