The Telecom department of India has approved the Bharti Airtel Ltd to increase Foreign Direct Investment (FDI) in the company to 100%. The approval from the Telecom department will enable Singtel or Singapore Telecommunications Ltd to increase its stake in Bharti Airtel Ltd. Singapore Telecommunications Ltd currently owns 35% stake in Bharti Airtel. This approval will also enable Bharti Airtel company to raise more capital as per its requirement. It also opens the door for the Indian telecom operator to raise more funds from other foreign investors.
Bharti Telecom is the single-largest shareholder in Bharti Airtel with about a 41% stake while Singtel owns 48% in Bharti Telecom, which provides it a 35% stake in Bharti Airtel.
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Uttar Pradesh has been declared as the best performing state for mission Karmayogi, a nationwide…
The Indian grandmasters made a good impression at the European Chess Club Cup 2026 in…
The comeback of cricket to the Olympic Games in 2028 at Los Angeles is shaping…
The 2026 Princess of Asturias Award for Sports was conferred upon Argentinian footballer Lionel Messi…
The Assam Cabinet has recommended a national-level award in honor of the late Bharat Ratna…