Stocks in news: BLS International, Airtel, Sapphire Foods, Aditya Birla CapitalSwaminathan Janakiraman, a nominee director representing State Bank of India (SBI), has resigned as the Director of the company.
Bharti Telecom's Airtel stake sale a deleveraging exercise: AnalystsBharti Telecom has Rs 85 billion of debt on its balance sheet, according to IIFL Securities.
Airtel raises Rs 21,240 crore via QIP and FCCBAirtel, Vodafone Idea and other telcos owe the government nearly Rs 1.47 lakh crore in past statutory dues.
Airtel special committee clears issue price, other modalities of $3 billion fund raisingThe issue price was at a discount of 1.57 per cent to the stated floor price of Rs 452.09 per equity share.
Bharti Airtel gains on robust response to QIP, FCCBAirtel is looking to raise the money through a private placement of equity shares.
Bharti Airtel receives subscriptions up to $10 billionThe QIP is likely to be priced at Rs 445 a share against the base price of Rs 435 per unit.
Bharti Airtel jumps 3% on $3 billion fund raisingMorgan Stanley has maintained overweight stance on Bharti Airtel.
Airtel kicks off $3-billion fundraiser for AGR duesIn a statement to stock exchanges on Wednesday, the telco said it plans to raise $2 billion through a qualified institutional placement (QI...
Bharti Airtel launches QIP to raise $2 billion, FCCB of $1 billionThe fundraising has come at a time when the company has to pay Rs 35K cr of statuary dues.
IPO market may recover in 2020, follow-on volumes to remain strong: Kotak InvestmentQualified institutional placements (QIPs) have witnessed a rebound in the year so far.
Bharti Telecom seeks Rs 4,900 crore FDI nod; infusion to make Airtel foreign firmBharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 %.
Bharti Airtel board approves fundraising of $3 billion via debt and equityAirtel will launch one or more QIPs or OFS or a combination of similar offers to raise $2 billion.
Voda Idea board to meet to finalise Rs 25k crore fund-raising planLast November, Vodafone Idea — born out of the merger of erstwhile Vodafone India and Idea Cellular — had announced plans to raise Rs 25,00...
Reliance Communications to raise Rs 4,300 crore from investors, promotersThe company's board of directors today passed a resolution authorising the opening of the QIP from June 24, RCom said in a BSE filing.
Idea to raise Rs 3,000-3,750 crore through QIP issueThe company will be investing up to Rs 3,500 crore in the current fiscal to build network and launch 3G services in Delhi by next year.
Is it time to dial Idea cellular? Or, give a missed call!According to analysts, most of the telecom operators such as Bharti Airtel, Reliance Comm and Idea are likely to have had a tough second qu...
- Heard on the Street
Shares of Balaji Industries were among the big losers on Monday, shedding over 4% to close at Rs 264.65. The company had made a qualified i...