Vi declines report on acquisition by US telco; stock plunges 8%
The statement comes after several news reports during the weekend stated that US telecom majors -- Verizon, Amazon and Starlink are in the race to acquire the debt-ridden telecom company.
Bharti Airtel prepays ₹8,024 cr as deferred liabilities; shares decline
The said instalments had an interest rate of 10% and have been prepaid by Airtel, leveraging much lower cost financing available to it, says the telecom major.
Bharti Airtel to merge Sri Lanka operations with Dialog Axiata
The proposed transaction envisages Airtel being granted a stake in Dialog, representing the fair value of Airtel Lanka.
Vodafone-Idea and Hero Motocorp trade lower today. Here’s why
Vodafone-Idea shares opened a tad lower at ₹8.53, against the previous closing price of ₹8.57 on the BSE.