Singtel sells stake worth ₹5,849 cr in Airtel to Rajiv Jain's GQG
Reacting to the news, shares of Bharti Airtel rose as much as 1.6% to hit a fresh 52-week high of ₹1,213.05 on the BSE.
singtel stake in airtel
March 2024
August 2022
May 2022
Bharti Telecom to buy 3.3% stake in Airtel from Singtel for ₹12,895 cr
The stake buy strengthens the Bharti family's shareholding in Airtel; now the direct shareholding of Singtel and the Bharti family in Airtel will stand at 10% and 6%, respectively
‘Core investment’: Singtel junks reports of stake sale in Bharti Airtel
Singapore-based telecom major says its underlying net profit improved 11% to S$1.92 billion last year, which was “mainly lifted by Airtel’s resilient turnaround”.
