Swaminathan Janakiraman, a nominee director representing State Bank of India (SBI), has resigned as the Director of the company.

Bharti Telecom has Rs 85 billion of debt on its balance sheet, according to IIFL Securities.

It has logged 85.47 per cent gain over last five years even as Sensex rose 156 per cent.

In the aftermath of the SC stand, uncertainty around the survival of Vodafone is likely to continue.

Airtel, Vodafone Idea and other telcos owe the government nearly Rs 1.47 lakh crore in past statutory dues.

The issue price was at a discount of 1.57 per cent to the stated floor price of Rs 452.09 per equity share.

Airtel is looking to raise the money through a private placement of equity shares.

The QIP is likely to be priced at Rs 445 a share against the base price of Rs 435 per unit.

Morgan Stanley has maintained overweight stance on Bharti Airtel.

In a statement to stock exchanges on Wednesday, the telco said it plans to raise $2 billion through a qualified institutional placement (QI...

The fundraising has come at a time when the company has to pay Rs 35K cr of statuary dues.

Qualified institutional placements (QIPs) have witnessed a rebound in the year so far.

Bharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 %.

Airtel will launch one or more QIPs or OFS or a combination of similar offers to raise $2 billion.

The primary aim of private placement before tapping global debt markets; firm also looking at taking advantage of negative rates in Europe....

The 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.

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...