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Bharti Airtel raises $350M by selling shares of Bharti Infratel

Aug 07, 2014 at 19:55 | Source: VC Circle

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: Economic Times

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 Q1-FY15 profit at Rs 1108 crore; Mobile data revenue at Rs 2204 Cr globally

Aug 01, 2014 at 18:00 | Source: Money Rediff News Report

India's largest telco Bharti Airtel has reported a net profit of Rs 1,108 crore for the quarter ended June 30, 2014, registering a significant 60.9% growth from Rs 689 crore in the same quarter last year. This was on consolidated revenues of ...

Airtel May Hike Mobile Call Rates

Jul 30, 2014 at 22:00 | Source: NDTV Profit

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: FirstPost

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: IBNLive

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: NDTV Profit

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: NDTV Profit

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: NDTV Profit

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: NDTV Profit

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: NDTV Profit

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: Bloomberg

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: NDTV Profit

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: NDTV Profit

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: NDTV Profit

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...

Budget 2014 Live: Correction or no correction in market post budget, this is time to buy equities

Jul 10, 2014 at 10:39 | Source: FirstPost

10:38 am Correction or no correction, this is time to buy equitiesRamdeo Agarwal of Motilal Oswal is of the opinion that the market is likely to have a shallow correction if the Union Budget is in line with the Railway Budget. He, however, said that ...

Bharti Airtel selling part of tower assets in Africa to HTA

Jul 09, 2014 at 20:00 | Source: VC Circle

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 ...

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