Singapore, August 29 (ANI): Last week, a day after reporting its first quarter 2022 financial results, Singtel announced on August 25 that it would sell a 3.3 per cent stake in India's Bharti Airtel Ltd to Bharti Telecom Ltd for an aggregate consideration of about USD 1.61 billion.
Singapore, September 6 (ANI): Moody's Investors Service has said Bharti Airtel Ltd's board approval to raising fresh capital through a rights issue of up to Rs 21,000 crore is credit positive.
Singapore, September 1 (ANI): Bharti Airtel Ltd's planned USD2.8 billion equity issuance will improve its funds from operations (FFO) net leverage to around 2x and provide funds to strengthen its market position, according to Fitch Ratings.