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  Equity indices erase early gains, Bharti Airtel drops 6 pc on stake sale

  News | May 26, 2020 20:00 IST

  Equity benchmark indices wiped out early gains on Tuesday and closed in the red after a volatile trading session that saw metal stocks shining but IT scrips plunging.

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  Equity indices hold firm, pharma and financial stocks up

  News | May 20, 2020 18:39 IST

  Equity benchmark indices gained for the second consecutive day on Wednesday as heavy buying was witnessed in pharma and financial stocks.

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  Bharti Airtel rallies 10 pc after Q4 earnings, hits 1-year high

  May 19, 2020 11:57 IST

  Shares of Bharti Airtel on Tuesday zoomed 10 per cent after the company reported consolidated revenue of Rs 23,722.7 crore during the reported quarter on broad-based strength, with all segments registering healthy underlying growth.

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  Bharti Airtel Q4 Results 2020: Telco loss at Rs 5,237 cr; full year losses balloon to Rs 32,183 cr

  May 19, 2020 11:26 IST

  Telecom operator Bharti Airtel on Monday posted a consolidated loss of Rs 5,237 crore in the fourth quarter ended fiscal year 2020, mainly on account of making provision for paying statutory dues.

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  Airtel signs Rs 7,636 crore deal with Nokia to get ready for 5G era

  Business | April 28, 2020 14:12 IST

  In a bid to strengthen its 4G network and enhance 5G capabilities in India, Bharti Airtel has inked a $1 billion (nearly Rs 7,636 crore), multi-year deal with Nokia to deploy the Finnish majors 5G-ready solutions across nine circles in the country.

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  Airtel to pay April salaries of nearly 25,000 staff employed by distributors, retail franchisees

  Business | April 20, 2020 14:59 IST

  Airtel has decided to pay the basic income for April to nearly 25,000 employees of its distribution partners and retail franchisee network to help them tide over the unprecedented situation arising out of the ongoing lockdown to contain the spread of COVID-19.

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  Bharti Airtel becomes fifth most valued firm by m-cap, surpasses HDFC

  Business | April 15, 2020 19:56 IST

  Telecom operator Bharti Airtel has surpassed HDFC to become the country's fifth most valued firm in terms of market valuation. At close of trade on Wednesday, Bharti Airtel's market capitalisation (m-cap) stood at Rs 2,78,206.15 crore, Rs 1,987.86 crore more than that of HDFC's valuation of Rs 2,76,218.29 crore on the BSE.

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  Airtel, Jio to continue gaining market share due to Vodafone Idea's worsened financial health

  Business | April 03, 2020 14:52 IST

  Bharti Airtel and Reliance Jio will continue to gain market share at the cost of Vodafone Idea''s "worsened" financial health that may deteriorate further in the wake of the AGR judgment, Axis Capital said in a note on Friday.

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  Bharti Enterprises pledges over Rs 100 crore to support India’s fight against COVID-19

  Business | March 31, 2020 11:40 IST

  Bharti Enterprises has committed over Rs 100 crore to support India’s fight against COVID-19, the company said in a statement on Tuesday. A large portion of the corpus will be immediately contributed to the PM CARES Fund.

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  Telecom shares crack; Vodafone Idea plunges 40 per cent

  Business | March 18, 2020 13:38 IST

  Vodafone Idea plunged 40 per cent to Rs 2.91 and Bharti Airtel declined 5 per cent to Rs 431.25 on the BSE. Both the companies erased their early gains and were trading with losses.

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  Bharti Airtel, Vodafone Idea must disclose workings used to arrive at govt dues

  Business | March 15, 2020 11:17 IST

  Bharti Airtel and Vodafone Idea Ltd, whose self-assessed dues to the government are less than half of what the Department of Telecommunications (DoT) estimates, must disclose workings highlighting areas of difference as minority shareholders deserve to know, an analyst report said.

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  Sunil Mittal makes BIG statement, says Bharti Airtel has paid full AGR dues at about Rs 13,000 crore

  Business | March 11, 2020 19:33 IST

  The comment assumes significance as the government on March 4 had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay the remaining adjusted gross revenue (AGR) dues as per the Supreme Court order without further delay.

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  Telcos pay over Rs 8,000 cr to govt in dues; DoT to write fresh letters to firms questioning AGR gap

  Business | March 03, 2020 20:09 IST

  Vodafone Idea, Bharti Airtel and Reliance Jio on Tuesday paid cumulative over Rs 6,000 crore to the government towards deferred spectrum dues while Tatas said it has deposited another Rs 2,000 crore for ad hoc statutory liabilities. 

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  Bharti Airtel pays additional Rs 8,004 cr towards adjusted gross revenue dues to DoT

  Business | February 29, 2020 11:53 IST

  Bharti Airtel pays an additional Rs 8,004 cr towards adjusted gross revenue dues to the Department of Telecom. Earlier on February 17, the company had deposited Rs 10,000 crore aggregating to a total payment of Rs 18,004 cr now complied with AGR judgment and directions of the Supreme Court.

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  Fitch Ratings takes Bharti Airtel off 'watch negative'; affirms BBB- rating

  India | February 20, 2020 16:51 IST

  Fitch Ratings on Thursday said it has taken Bharti Airtel off 'watch negative' and affirmed the telecom operator's long-term foreign currency issuer default rating at 'BBB-' with a stable outlook.  

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  AGR dues: Who owes what

  Business | February 17, 2020 19:12 IST

  A number of telecom firms are in troubled waters with over a massive Rs 1.47 lakh crore of adjusted gross revenue (AGR) dues to pay. These include top telcos -- Bharti Airtel and Vodafone Idea -- who owe about 60 percent.

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  Airtel, Vodafone Idea, Tata Teleservices likely to pay AGR dues today: DoT source

  Business | February 17, 2020 8:36 IST

  The three companies are jointly liable to pay dues of over Rs 1 lakh crore, but they have informed the Department of Telecom (DoT) of making only partial payment, as per their representatives.

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  Ultimatum for Telcos: Bharti Airtel, Vodafone Idea asked to clear dues by 11.59 pm today

  Business | February 14, 2020 19:10 IST

  In an ultimatum, the Department of Telecommunications has ordered firms including Bharti Airtel and Vodafone Idea to clear dues before Friday midnight.

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  Bharti Airtel subsidiary to raise additional USD 250 mn via perpetual bonds

  Business | February 12, 2020 12:02 IST

  Bharti Airtel on Wednesday said its wholly-owned subsidiary Network i2i plans to raise funds worth up to USD 250 million (approximately Rs 1,780 crore) through perpetual bonds.

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  Bharti Airtel, Tata Teleservices merger soon

  Business | February 06, 2020 22:22 IST

  Telecom operator Tata Teleservices on Thursday said the Department of Telecom (DoT) has approved the merger of its consumer mobile business with Bharti Airtel. Tata Teleservices listed arm said in a regulatory filing said the DoT through its letter dated February 6, 2020 has conveyed approval of the competent authority in DoT for taking on record demerger of consumer mobile business undertaking of the company into Bharti Airtel Limited (BAL).