Page 2 - Bharti Enterprises

Trai without a chairman, satcom spectrum allocation to be affected

The rollout of satellite-based communication services by Bharti Enterprises -backed OneWeb and Reliance Jio will be affected by the delay in appointing Vaghela's successor

Satcom gets a stronger player as OneWeb, Eutelsat Communications join hands

Bharti Enterprises Chairman Sunil Bharti Mittal will be the co-chair of the new entity while Shravin Bharti Mittal will be a director on the board of Eutelsat Group and Bharti's lead

African Union's inclusion in G20 is historic and long overdue: Sunil Mittal

The intent is clear and these are the bold enablers to reach the final destination. After all, it took decades for the European Union to take its shape and be in its current form

Defining milestone: Sunil Mittal on African Union joining G20 as member

As the African Union joined the G20 on Saturday, Sunil Mittal, Founder and Chairman of Bharti Enterprises said the day will be remembered as a "defining milestone" towards charting more inclusive compositions across international organisations and their bodies. Mittal congratulated Prime Minister Narendra Modi "for successfully leading the inclusion of the African Union as a permanent member of the G20". "My hearty congratulations to PM Narendra Modi for successfully leading the inclusion of the African Union as a permanent member of the G20. As this announcement finds its way from New Delhi to the world, I am certain that this day will be remembered as a defining milestone towards charting more inclusive compositions across international organisations and their bodies," Mittal said in a statement. Mittal added he has personally witnessed the government's "uncompromising focus" on this inclusion through his engagement as Chair of the B20 Action Council on African Economic ...

I think animal spirits are already out in India Inc, says Sunil Mittal

'If you want to put out 5G fast, we need access to V and E bands'

Brookfield, Bharti enter commercial real estate JV worth Rs 5,000 cr

Brookfield Asset Management says deal marks its commitment to build 'future-ready office environments' in India

Brookfield buys 51% stake in Bharti Enterprises' 4 commercial properties

Global investment firm Brookfield has closed a deal to acquire a 51 per cent stake in Bharti Enterprises' four commercial properties, including Worldmark at Aerocity in the national capital, at an enterprise value of Rs 5,000 crore. In a statement, Bharti Enterprises and Brookfield Asset Management on Monday announced the successful closure of their joint venture agreement for a 3.3 million square feet portfolio of commercial properties primarily located in the Delhi-NCR region. The properties include Worldmark Aerocity (Delhi), Worldmark 65 and Airtel Center (Gurgaon) and Pavillion Mall (Ludhiana). "As part of this deal, a Brookfield-managed private real estate fund now owns a 51 per cent stake in this joint venture, while Bharti Enterprises continues with a 49 per cent stake. The enterprise value for the transaction is around Rs 5,000 crore," it added. Bharti Realty Ltd is the real estate arm of Bharti Enterprises, which has a presence in telecom, real estate, insurance, hospital

Telecom industry's financial health needs to improve: Bharti Ent V-C

He also asserted that while consumers are ready, "but somehow, as an industry, we have not been able to come to an understanding of increasing ARPUs so that this industry can be healthy"

Telecom industry's financial health needs to improve: Bharti Enterprises

The telecom industry's financial health needs to improve if India's dream of digital connectivity across the country has to be fulfilled, Bharti Enterprises Vice-Chairman Akhil Gupta said on Tuesday. Very poor return on capital is a big hindrance in telecom development in India today and unless it changes, investments will dry up at some point or the other, he said while speaking at the Times Network India Digital Fest here. However, due to competitive reasons increasing average revenue per user (ARPU) has been difficult and the industry players need to work together so that the ARPU goes up to Rs 300 in a phased manner in the next few years. "The big hindrance in telecom development in India today is the very poor return on capital, which this industry has, and at some point in time, that will have to change because otherwise, the investments will dry up at some point or the other," Gupta said. Return on capital is a big hindrance today and that's the reason why "a very big and a

Bollywood stars, corporate bosses fire up Mumbai, Delhi luxury house mkts

Experts attribute the trend to stamp duty cut by Maharashtra govt, reduction of prices by developers saddled with unsold inventory

Piyush Goyal to lead Indian delegation at World Economic Forum, Davos

Post Davos, the Commerce and Industry Minister will travel to UK for trade talks

OneWeb inks pact with ISRO commercial arm for satellite launches

Announcing the pact with New Space India, OneWeb, in the statement, said it remains on track for developing its satellite constellation network, delivering industry-grade secure connectivity

Brookfield, Bharti enter into real estate JV with Rs 5,000-cr deal

Brookfield, a private real estate fund, will purchase a 51 per cent stake from Bharti Enterprises of four properties totalling 3.3 million square feet

Starlink and OneWeb: Can satellite broadband bridge India's digital divide?

Satellite-based broadband connectivity promises to bridge India's digital divide. But can it deliver? What challenges does it face? Let's look at this new technology and understand and its pitfalls

Bharti Group's OneWeb ties up with Isro to kick off India chapter

Mittal says OneWeb would be the first private player to launch satellites from India through Isro facilities

Dixon, Bharti Enterprises to form JV for manufacturing telecom products

Dixon Technologies on Wednesday said it has entered into a pact with Bharti Enterprises to form a joint venture to manufacture of telecom and networking products

Canada's Brookfield in final talks to buy assets of Bharti Realty in NCR

Bharti Realty's properties in the three WorldMark towers in Delhi Aerocity and another in Gurugram are part of the deal

Bharti Enterprises seeks nod to set up ground stations for satellite firm

UK-based company proposes to put up 648 satellites to deliver affordable wireless internet

ICICI Lombard eyes Bharti AXA General Insurance in Rs 2,800-crore deal

Bharti Enterprises currently owns 51 per cent stake in Bharti AXA General Insurance

UK, Bharti Enterprises win OneWeb, to spend $1 billion on revival

The deal could be a game-changer for hinterland connectivity.