Bharti Airtel likely to offload 5% stake in tower unit to pare debt

Edit The Times of India 21 Apr 2016
Bharti Airtel is likely to offload around 5% stake in its tower unit Bharti Infratel shortly and use the proceeds to cut back debt at a time India's No ... At current market capitalization of Rs 73,306.18 crore for Bharti Infratel, a 5% stake sale could help Bharti Airtel raise close to Rs 3,700 crore ... Bharti Airtel holds around 71.7% in Infratel but has been reducing its stake periodically in the company, which was listed in 2012....

Spurt of spectrum deals mainly aimed at data: Study

Edit Yahoo Daily News 21 Apr 2016
That's the reason why data has been at the centre of the spectrum deals between Reliance Jio and Reliance Communications, Bharti Airtel and Videocon and Bharti and Aircel Limited -- as also those that did did not materialise, like the one between Idea Cellular and Videocon, it said ... At the moment, Bharti and Reliance Communications are the only two companies that have spectrum in all the 22 circles for both voice and 4G data services....

Reliance Jio not to unleash disruptive 4G pricing to take on incumbent carriers

Edit The Times of India 21 Apr 2016
Reliance Jio Infocomm will not unleash disruptive 4G pricing to take on incumbent carriers, Bharti Airtel, Vodafone and Idea Cellular, but will try to distinguish its high-speed broadband services in 'quality terms,' once it launches commercially, analysts said ... "Bharti has been tactical in acquiring the largest amount of incremental spectrum since ......

Not only sugarcane states, others too abuse ground water

Edit The Times of India 21 Apr 2016
Referring to such indiscriminate use of groundwater, Union water resources minister Uma Bharti on Wednesday expressed her concern that prosperous states like Haryana and Punjab have "abused" groundwater over the years and now most of their blocks fall under 'dark' zones or highly groundwater exploited areas....

LIVE: Sensex reclaims 26,000, Nifty above 7,960; Equitas surges over 30% on debut

Edit Yahoo Daily News 21 Apr 2016
Nifty was trading over 7,950. 10.54 am ... 10.25 am ... 10.12 am ... 10.04 am ... 10.00 am ... Bharti Airtel shares were trading 0.59 per cent down at Rs 354.40. Bharti Airtel is reportedly planning to sell more than 5 per cent stake in its tower arm Bharti Infratel through an open market block deal. The company owns a 71.7 per cent stake in Bharti Infratel, and a 5 per cent stake sale in the unit would be worth $566.74 million based on current valuations....

Bharti Infratel Extends Fall; Shares Dip Nearly 4%

Edit NDTV 21 Apr 2016
Extending its downtrend for the second straight session, shares of Bharti Infratel fell by nearly 4 per cent on Thursday following reports that Airtel is looking to sell 5 per cent stake in the tower ... ....

UPDATE 2-Vodafone invites banks to pitch for $2-2.5 bln Indian IPO - sources

Edit CNBC 21 Apr 2016
The offer of shares in Vodafone India is expected to raise between $2 billion and $2.5 billion, the people said, making it the biggest IPO in India since state-owned Coal India Ltd's $3.5 billion listing in 2010.. Vodafone Group, which is India's second-largest mobile operator behind Bharti Airtel, had raised the prospect of a listing in India as early as 2011. ... ....

What OneWeb's partners will bring to Central Florida

Edit Business Journal 21 Apr 2016
OneWeb raised $500 million in equity last year from numerous powerful companies such as aerospace giant Airbus, Bharti Enterprises, semiconductor company Qualcomm, satellite services provider Intelsat, Virgin Group, Hughes Network System, Coca-Cola and more. Each company is backing OneWeb for its big idea to quickly… ... ....

11 stocks in focus today: Wipro, Spicejet, Bharti Airtel, and more

Edit Yahoo Daily News 21 Apr 2016
The BSE Sensex and NSE Nifty are likely to open in green on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and firm global cues ... Below are the 10 stocks that are in focus today. Wipro ... SpiceJet ... Bharti Airtel. Country's top operator Bharti Airtel is looking to sell 5 per cent stake in its tower unit Infratel through an open market trade deal to raise about Rs 3,500 crore to Rs 4,000 crore ... Biocon ... Hindzinc ... ....

Bharti Infratel shares down for second day; shed 4% on BSE

Edit DNA India 21 Apr 2016
Extending its downtrend for the second straight session, shares of Bharti Infratel fell by nearly 4% following reports that Airtel is looking to sell 5% stake in the tower unit through an open market trade deal to raise about Rs ......

75 new schools start NSE-CBSE's finance course

Edit The Times of India 21 Apr 2016
Kendriya Vidyalaya Sangathan is starting this year with 25 schools in Delhi, Agra, Jaipur and Dehradun regions. In addition, five schools of the Bharti Foundation in Punjab, schools under the jurisdiction of the Banaras Hindu University in Varanasi and Delhi Public Schools across the country are starting the course, it said....

Bapu's granddaughter Tara Gandhi gets French honour

Edit The Times of India 21 Apr 2016
On behalf of the French President Bhattacharjee, 82, was conferred the Officier de l'Ordre des Arts et Lettres (Order of Arts and Letters) honour here late last evening by French Ambassador Francois Richier ... Some noted Indian recipients of this honour in the past include Bharti Kher, Subodh Gupta, Shahrukh Khan, Pt Hariprasad Chaurasia, Aishwarya Rai, Raghu Rai, Ebrahim Alkazi, Habib Tanveer, and Upamanyu Chatterjee. ANS ....

Kejriwal on Uttrakhand HC verdict

Edit Indian Express 21 Apr 2016
Delhi CM Arvind Kejriwal. (Source. PTI/File) ... “This is a huge embarrassment to Modi Govt. He shud stop interfering wid elected govts and respect democracy (sic),” Kejriwal tweeted. This is a huge embarrassment to Modi Govt ... — Arvind Kejriwal (@ArvindKejriwal) April 21, 2016 ... CM Arvind Kejriwal to Somnath Bharti AAP moves Supreme Court against President's rule in Delhi ... 3 }); }); ... ....
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