Axis AMC will be the investment manager of the fund, whereas, Inversion would provide management support to acquired companies with its team of functional and industry experts.
The consolidated revenue of mobile tower arm of Bharti Airtel increased by 10 percent to Rs 3,400 crore during the October-December quarter of 2016-17, as against Rs 3,105.5 crore posted in the same period of 2015-16.
"With the conclusion of recent spectrum auctions, the Indian telecom industry is gearing up for the next round of network rollouts," Bharti Infratel Chairman Akhil Gupta said in a statement.
Telecom companies are willing and eager to self-regulate to provide the best quality of services to customers, says Akhil Gupta, Vice Chairman of Bharti Enterprises
State-owned trading firm MMTC today said it has sold 10 percent stake in commodity bourse Indian Commodity Exchange (ICEX) for Rs 20 crore.
India has emerged as one of the most promising markets for IT and Telecommunications companies, with initiatives such as Digital India, ...
The regulatory body, Telecom Regulatory Authority of India (TRAI), has proposed levying penalties on companies whose calls are getting dropped.
On the eve of 11th Motilal Oswal Investor Conference, Raamdeo Agrawal, Joint MD of Motilal Oswal Financial Services, said participation by over 100 companies reveal "total lack of fear" in India story.
"The operators also will have to reinforce their infrastructure and optimize customer satisfaction," Union telecom minister Ravi Shankar Prasad said
Revenue of the company rose 6 percent to Rs 3,016 crore for the first quarter of 2015-16, as compared to Rs 2,843 crore in the year-ago period.
CNBC-TV18's Shereen Bhan spoke to the BPCL chairman S Varadarajan who is dealing with volatile crude prices, and Akhil Gupta of Bharti Airtel for his views on where the zero tariff plan has actually backfired.
"I have made it very clear to Vodafone and Idea Cellular that we are interested in buying their towers in seven circles where Bharti Infratel is sole operator and Indus doesn't operate," Bharti Infratel Executive Chairman Akhil Gupta said.
O the issue of the company‘s share buyback, Akhil Gupta, vice chairman, Bharti Enterprises says he expects the government or the Ministry of Corporate Affairs to take up the issue soon.
The company had reported a net profit of Rs 277 crore in the corresponding period last financial year. Revenue of the company rose 9 percent to Rs 2,930 crore for the second quarter of 2015 fiscal as compared to Rs 2,684 crore last time, the company said in a statement.
Akhil Gupta advises countrymen to try and rely on the market mechanism as market has an amazing power to make things happen.
Manoj Kohli to relinquish his role as the MD & CEO of Bharti Airtel (international) and join the group as the MD of Bharti Enterprises.
In the third edition of the Forbes India Leadership Awards, the awards have been adjudicated by an all powerful jury of industry stalwarts
In CNBC-TV18‘s special show Apex 2013 experts share views on where the Indian private equity (PE) sector currently is and future prospects.
Even though Bharti Enterprises has not achieved initial revenue targets in Africa, Akhil Gupta, Dy Group CEO & MD is optimistic that the company will soon capture the growing market there.
Bharti Airtel today said it will invite other telecom operators for equity participation in its managed services company, in which it has bought out Alcatel- Lucent's entire stake for an undisclosed amount.
The telecom industry needs to ensure that there is no silly competition in the market that drives down rates making businesses unprofitable, a senior Bharti Airtel official said on Wednesday.
Bharti Infratel had a dismal listing today. Akhil Gupta, managing director and vice chairman, Bharti Infratel says he believes that the pricing was right. "It is too early to comment on listing price," he asserts.
Akhil Gupta, vice chairman & managing director, Bharti Infratel sees significant headroom in improving tenancy ratio.
The second Forbes India Leadership Awards rewarded and recognised India's top leaders at a glittering ceremony at the Oberoi in Mumbai.
Telecoms carrier Bharti Airtel's tower unit could launch its planned initial public offering in 2012, subject to clearance from market regulators, a senior group executive said.