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.
The offer for a ceasefire between Russia and Ukraine from India has been called by…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
India finished their Asian Games 2026 with a fourth place performance after achieving an impressive…
The India national men’s hockey team retained their Asian Games title by defeating Malaysia 5-1…
The Indian wrestler Aman Sehrawat clinched the gold medal in men’s 57kg freestyle wrestling during…
PM Narendra Modi’s monthly radio programme ‘Mann Ki Baat’ marked its 12-year anniversary on October…