Bharti Airtel's Increased Weightage In FTSE Index To Bring $65-Million Inflow

Bharti Airtel's Increased Weightage In FTSE Index To Bring $65-Million Inflow

The increase in Bharti Airtel Ltd.'s investability weightage in a key foreign index will lead to an inflow of $65 million or about 550 crore, IIFL Capital Services said in a release on Friday.London-based FTSE Russell has bumped up the investability weightage in the FTSE All-World Index from 44.17% to 45.01%. This change, according to the company, is effective from May 21.The company has also said that the weightage of the firm will remain uncha…

Singtel sells 1.2% direct stake in India's Bharti Airtel for $1.54bln

The price reflect a 2.85% discount to the closing price of Airtel's stock on Thursday

Singtel to sell US$1 billion stake in Bharti Airtel via block deals: report

Singapore Telecommunications (Singtel) is expected to sell shares worth US$1 billion in Indian telecom major Bharti Airtel on Friday (May 16) through block deals, the Business Standard newspaper reported on Thursday, citing sources.

Telecom news: Ericsson 5G equipment export, SingTel stake in Airtel - TelecomLead

Today’s telecom news includes announcements on Ericsson targeting 5G equipment export from India, SingTel planning to sell $1 bn stake in Bharti Airtel, satellite operators recognized for IoT innovation, among others. Indonesia 5G telecom towers Ericsson Eyes 5G Equipment Export from India Amid Local Growth Ericsson plans to explore exporting 5G telecom equipment from India, as local demand stabilizes after rapid deployment. Currently, all 5G eq…

Singtel to Offload USD 1 Billion Stake in Bharti Airtel via Block Deal

Singapore Telecommunications Ltd (Singtel) is expected to sell shares in Bharti Airtel. Singtel’s subsidiary, Pastel, is set to sell a