Voting on DHFL bids by committee of creditors ends today
The move follows increase in foreign investment limit in the telecom major from 49 per cent to 100 per cent
Govt must look beyond revenues in spectrum auctions
Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE
Stock market LIVE updates: India VIX ticked up 4 per cent in the intra-day trade, but ended 2 per cent higher
On the monthly time frame, the breakout above Rs 500 levels earlier has triggered strong upward momentum
Post revision of its foreign investor limit, Airtel's weightage in MSCI should go up, resulting in significant inflows into the stock
Bharti Airtel said it is initiating the process to revise its foreign investment limit to 100 per cent with immediate effect
Higher foreign investment limit can lead to an increase in Airtel's weight in the global indices, say analysts
ICICI Securities expects Bharti Airtel to lead subscriber addition in December quarter aided by Vodafone Idea churn and challenges faced by the new operator due to farmer's protest
The developments come at a time when the deadline for payment of the first installment of AGR dues is nearing - March 31, 2021.
Telcos have rallied 28% and 25%, respectively, since October 1, 2020
Analysts at ICICI Securities have a 'buy' rating on Airtel with a target price of Rs 700 per share
Gupta reckons that technology has only been harnessed partially so far. There are immense possibilities with languages and better internet penetration
With valuations at a premium, brokerages highlight the need for caution
The stocks of telecom firms are likely to react to the Trai data released on Wednesday that showed Bharti Airtel pipped Reliace Jio in mobile customer addition in October
Airtel tops with 3.8 million new subscribers to take base to 330.29 million, Jio adds 2.2 million; Vi lets go of 2.7 million
The firm bought out, recently, Tata group's 12.3 per cent stake in ATC Telecom Tower Infrastructure for Rs 2,480 crore, raising its stake to 91 per cent
While Vodafone Idea did not immediately react to charges, Airtel called complaint baseless and asked govt to dismiss it
Airtel is of the view that ARPUs would have touched Rs 200 already had the pandemic not happened, and believes that the company should get there in the next few months, Goldman Sachs report said