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SINGTEL INVESTMENT
Mittal charts map for Bharti Telecom to regain Airtel majorityBharti Telecom chairman Sunil Mittal plans to increase his family's stake in Bharti Airtel. The company will also boost its ownership in it...- Sunil Bharti Mittal to hand over Airtel to his children in 10 yrs, desires Bharti Telecom regains 51% stake in coTelecom leader Sunil Bharti Mittal intends to pass on Bharti Airtel's leadership to his children in the next ten years. He also aims for pr...
- Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in AirtelBharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel Africa to...
- Singtel sells 1.2% direct stake in Airtel for around Rs 13,182 crore via pvt placementSingtel divested a 1.2% direct stake in Bharti Airtel for $1.54 billion, realizing a $1.08 billion gain. The sale, executed via private pla...
- Plan afoot for Singtel, Mittals to equalise direct stake in Bharti AirtelSingtel at present directly owns 9.5% in Bharti Airtel through its affiliate, Pastel Ltd, while the Sunil Mittal-led promoter family holds ...
- KKR, Singtel gets Competition Commission's approval to acquire stake in STT GDCIndia's Competition Commission (CCI) has approved a significant investment deal. KKR and Singtel will acquire a stake in STT GDC, a major d...
- KKR to acquire stake in SingTel's regional data centre unit for $807 mlnGlobal investment firm KKR will acquire a 20% stake in Singapore Telecommunications' (SingTel) regional data centre business for S$1.1 bill...
- KKR to acquire stake in SingTel's regional data centre unit for $807 millionThe deal comes amid growing global investors' demand for infrastructure assets across Southeast Asia, lured by the region's growth prospect...
- Singtel sells 1.6% in Airtel to Bharti telecom for ₹7,262 crorePastel, a Singtel affiliate, sold 94 million shares-or 1.6% of Airtel's equity-in the Indian telco at ₹772.5 a piece to BTL, according to N...
- Bharti Telecom acquires 3.33% Airtel stake from Singtel in $1.61 billion dealThe Singapore company’s effective holding in Bharti Airtel will drop to 29.7% from 31.4%. Its reduced holding in Airtel will include a 19.2...
- Mittal family taps I-banks to ready a $2 billion credit line for Singtel stakeThe Mittal family is learnt to be in talks with the likes of Bank of America, BNP Paribas, Citibank, JP Morgan and Standard Chartered for t...
- Singtel set to dial Sunil Mittal to sell part stake in Bharti AirtelSingtel and the Mittal family are shareholders in Bharti Telecom, a promoter company of Bharti Airtel. In addition, both own shares directl...
- Bharti Airtel shares rise after Singtel ups stake by investing Rs 2,649 cr in parentThe funds raised will be used towards debt reduction, Airtel said in a statement early Monday morning.
- Singtel net profit up 13% to Rs 4,446.24 crore"Excluding exceptional items, underlying net profit grew 2 per cent. This would have grown 5 per cent on a constant currency basis," Singte...
- SingTel to be first to own 100% stake in Indian telecom firmSingTel's Global (India) Pvt Ltd's proposal has been cleared, said Department of Economic Affairs Secretary Arvind Mayaram, who heads the F...
- SingTel seeks FIPB nod to buy out Indian partners Bharti Enterprises and Leela India's stakesSingTel has sought the govt’s approval for buying out the stake of its minority Indian partners-Bharti Enterprises and Leela India.
- SingTel gets nod for STD, ISD servicesSingapore Telecommunications Limited (SingTel) which has a 31% stake in Bharti Airtel has got government approval to offer long distance se...
- ByCell, Singtel under DoT lensThe finance ministry has urged the home ministry and DoT to investigate the identity of the promoters of ByCell. How to be courteous on cel...
- FIPB: Who’s Singtel’s partner?Fresh roadblocks are looming large over the plans of Singapore-based Singtel (which is the largest foreign stakeholder in Bharti Airtel) to...
- SingTel proposal not part of next FIPB meetingSingapore telecom firm SingTel's plans to start long distance telephony in India may take a little longer as the Foreign Investment Promoti...
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