Bharti Airtel raises $350M by selling shares of Bharti Infratel
Aug 07, 2014 at 19:55 | Source:
Bharti Airtel's offer to sell 8.5 crore shares in mobile tower arm Bharti Infratel was fully subscribed today, raising at least Rs 2,125 crore. The share helps Bharti Infratel to comply with rule that requires listed companies to have minimum...
Managing social media is not a child's play; goof-ups can hurt brands badly
Aug 04, 2014 at 12:52 | Source:
NEW DELHI: On June 29, soon after the Netherlands knocked Mexico out of the football World Cup in a close encounter, Dutch airline KLM tweeted 'Adios Amigos!' accompanied by a picture of an airport departure sign with the drawing of mustachioed man ...
Spectrum auction in February
Aug 02, 2014 at 04:02 | Source:
Calcutta Telegraph News
New Delhi, Aug. 1: The government plans to hold the auction of spectrum in the 800, 900 and 1800 megahertz (MHz) bands in February. The process of selecting an auctioneer will start in the middle of this month. The government expects to garner Rs 9,...
Airtel May Hike Mobile Call Rates
Jul 30, 2014 at 22:00 | Source:
New Delhi: Telecom major Bharti Airtel has indicated that it may cut down on discounts it offers on mobile call rates to push revenue from voice services. "There might be ups and downs in certain quarters, but the long-term secular opportuni...
Airtel's 'Boss' ad angers tweeple, many calling it sexist
Jul 30, 2014 at 19:40 | Source:
New Delhi: A woman, who calls the shots in office, cooks for her husband who is also her junior at the workplace. Is that thought "demoralising" or "sexist"?Telecom service provider Bharti Airtels new ad, which presents a working ...
Sensex rebounds 96 points to reclaim 26K mark; Bharti Airtel up 5 pc
Jul 30, 2014 at 18:01 | Source:
Mumbai: The benchmark Sensex rose for the first time in three sessions and closed 96 points higher to reclaim the 26,000 level on Wednesday powered by gains in bluechips, led by Bharti Airtel, on encouraging quarterly earnings. After slipping to 25,8...
Bharti Airtel Surges 5% on Strong Q1 Results
Jul 30, 2014 at 12:00 | Source:
Shares in Bharti Airtel surged nearly 5 per cent to Rs 370.80 on Wednesday as it reported strong set of numbers for the first quarter of FY15 driven by its India business. Its net profit grew 15 per cent sequentially to Rs 1,108 crore and its revenue...
Bharti Airtel, L&T, Dr Reddy's Lab in Focus Today
Jul 30, 2014 at 10:00 | Source:
The Nifty opened lower on Wednesday as indicated by futures trade on Singapore Stock Exchange. Both foreign and domestic investors remain net buyers of Indian shares on Monday. Foreign investors bought shares worth Rs 75 crore and domestic ....
Bharti Airtel Misses Quarterly Profit Estimate on Africa Woes
Jul 29, 2014 at 19:59 | Source:
Top Indian mobile carrier Bharti Airtel posted a 61 per cent rise in quarterly profit on Tuesday but fell short of analyst estimates as its African business continued to weigh. Bharti Airtel's African business has been a drag on the company, ...
Bharti Airtel Posts a 61% Jump in Profit
Jul 29, 2014 at 18:00 | Source:
Top Indian mobile carrier Bharti Airtel posted a 61 percent rise in quarterly profit, helped by less competition. Bharti raked in Rs 1108 crore ($184.31 million) of profit, up from Rs 689 crore last year. Analysts, on average, were expecting the ...
Overseas Bond Sales on Pace to Set New Record
Jul 28, 2014 at 16:00 | Source:
Mumbai: With Bharti Airtel, ONGC Videsh, Tata Steel and SBI hitting the overseas bond markets with $1-billion-plus issues, debt raised by 15 domestic companies so far this year is sniffing at the record $16.5 billion India Inc had raised in the entir...
Corporate show propels stocks
Jul 23, 2014 at 05:37 | Source:
Calcutta Telegraph News
Mumbai, July 22: Extending its gains for the sixth straight session, the benchmark Sensex today surged nearly 311 points to reclaim the 26000-mark at close as overseas investors bought bluechips on encouraging corporate earnings. This is the second ...
Bharti Leads Jump in Indian Carriers on Spectrum Proposal
Jul 22, 2014 at 14:00 | Source:
Bharti Airtel Ltd. (BHARTI) led Indian wireless operators higher after a government regulator recommended mobile carriers share spectrum to lower costs. Bharti Airtel shares jumped as much as 5.8 percent, headed for the biggest gain since since June ...
Bharti Airtel Surges 6%, Buoyed By Idea's Stellar Q1
Jul 22, 2014 at 11:46 | Source:
Shares in Bharti Airtel, India's largest carrier surged nearly 6 per cent to Rs 356.80 on Tuesday as traders bet on the stock on expectations of better earnings post stellar set of numbers reported by its rival Idea Cellular for the April-Jun...
RBI opens doors to niche banks
Jul 18, 2014 at 03:42 | Source:
Calcutta Telegraph News
Mumbai, July 17: Companies that nursed ambitions of entering the banking arena but were left out in the cold in April have a chance to make a grab for a new set of licences for which the Reserve Bank of India put out draft guidelines on Thursday. Th...
Bharti Airtel Sells Beetel's Majority Stake to Brightstar
Jul 15, 2014 at 14:00 | Source:
New Delhi: Telecom major Bharti Airtel today sold majority stake in its telecom manufacturing and distribution arm Beetel Teletech to US-based global distribution firm Brightstar for an undisclosed sum. Sunil Bharti Mittal-led Bharti group ventured ...
Vodafone's Pieters Elected COAI Chairman
Jul 15, 2014 at 02:00 | Source:
The Cellular Operators Association of India (COAI) on Monday said Vodafone India chief executive and managing director Marten Pieters has been elected as its chairman for 2014-15. Also, Bharti Airtel CEO and managing director (India and South Asia)&a...
Bharti Airtel selling part of tower assets in Africa to HTA
Jul 09, 2014 at 20:00 | Source:
Bharti Airtel is selling telecom tower assets in four countries in Africa to Helios Towers Africa (HTA), a firm owned by a consortium of investors including Africa-focused PE firm Helios Investment Partners and International Finance Corporation (IFC ...