Bharti Airtel and Bharti Hexacom have moved the Supreme Court seeking relief from AGR dues, following Vodafone Idea's plea. The telcos warn of financial strain without a waiver on interest & penalties
Reduces overall stake to 28.3 per cent by selling 71 million shares through Pastel Ltd at a 2.85 per cent discount to Airtel's previous closing price
Singtel reduces its Bharti Airtel stake from 29.5% to 28.3% after selling 71 million shares for $1.54 billion through its wholly owned unit Pastel
Bharti Airtel reported a net profit of ₹11,022 crore for the fourth quarter of FY 2024-25 (Q4FY25), marking a 432 per cent surge from ₹2,071.6 crore in the same period last year (Q4FY24).
The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities
Airtel has asked the DoT for clarity on converting spectrum dues into equity under the 2021 reforms, but will wait for its board to decide on exercising the option
Its consolidated revenue from operations stood at ₹47,876 crore in Q4, up 6.08 per cent from ₹45,129 crore in Q4FY24.
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.
Sequentially, the company's net profit was 25.4 per cent lower than the ₹14,781 crore reported in the preceding quarter
The company's revenue from operations increased 27 per cent to ₹47,876.2 crore, compared to last year's Q4 revenue of ₹37,599.1 crore
In the previous trading session, Sensex jumped 2,975.43 points, or 3.7 per cent, to close at 82,429.90 levels. The Nifty50 closed at 24,924.7, up by 916.7 points, or 3.8 per cent.
India's No 2 telecom is in discussions to take up more than 700,000 sq ft space in upcoming Worldmark office buildings
Jio, Airtel and Vodafone Idea activate 24x7 joint centre with DoT to ensure uninterrupted services, disaster preparedness and coordination with government agencies
Reliance Jio cemented its lead in Indian telecom market adding 21.74 lakh wireless subscribers in March, while Bharti Airtel's monthly gains were at 12.50 lakh users, according to data released by telecom regulator TRAI on Wednesday. Vodafone Idea lost 5.41 lakh mobile users from its network, and its subscriber base shrunk to 20.53 crore users. As per the data, Jio's addition of 21.74 lakh wireless users during the month pushed up its subscriber count to 46.97 crore. For Bharti Airtel, the mobile base expanded to 38.98 crore, with addition of 12.50 lakh users in March. "Total wireless (mobile+5G-FWA) subscribers increased from 1,160.33 million at the end of February-25 to 1,163.76 million at the end of March-25, thereby registering a monthly growth rate of 0.28 per cent. Total wireless subscription in urban areas decreased from 634 million on February-25 to 632.57 million on March-25 and the subscription in rural areas increased from 526.33 million to 531.18 million during the same
Nifty50 formed a bearish candle on daily frame to close with losses of around 80 points and has started to form lower highs from the last two sessions
Thus far in the current calendar year 2025, the stock has rallied 19 per cent, as against 2.7 per cent rise in BSE Sensex.
Likely to replace Airtel at peak valuation of $154 bn
Brand Name Display aims to prevent calls from banks, food delivery firms, and hospitals being wrongly tagged as spam and boost customer engagement
Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday. In the BSE filing, Airtel said this was because the two sides were not able to find a satisfactory resolution. "This is in reference to our intimation dated February 26, 2025, wherein the company informed that it is in bilateral discussions with TATA Group to explore a potential combination of TATA Group's Direct To Home ('DTH') business housed under Tata Play Limited with Bharti Telemedia Limited, a subsidiary of the company," it said. "In this regard, we wish to inform you that after not being able to find a satisfactory resolution, the parties have mutually decided to terminate the discussions," Airtel added. On February 26, Sunil Mittal-led telecom services provider Bharti Airtel had said it was in talks with Tata Group for a merger of its loss-making direct-to-home (DTH) business. Airtel was holding ...
Just days after Blinkit-Airtel SIM home delivery was announced with much fanfare, the service has been put on hold, sources said. The move came after DoT queried Airtel on the process being followed and made it clear that stipulated norms have to be complied with, the sources said. The Telecom Department recently circulated a mail to various telecom service providers, saying "the existing self-KYC process, as per the extant instructions, shall be followed scrupulously." A person privy to the development said that the offering has been "put on hold, not discontinued". A quick search done on Blinkit for Airtel SIM returned no matches. A user on X penned a post saying: "Tried ordering an Airtel SIM via Blinkit. By the time I blinked... the service was discontinued ..." Emails sent to Airtel and quick commerce platform, Blinkit, seeking comments on the status of the launch announcement and whether or not the same have been discontinued, did not elicit any response. On April 15, Bhart