[ad_1] The initial public offering (IPO) of Bharti Hexacom was subscribed 34 per cent on Wednesday, the first day of the issue. A day earlier, the telecom services provider had allotted shares worth Rs 1,924 crore to anchor investors. Bharti Hexacom, a subsidiary of Bharti Airtel, operates in the Rajasthan and the Northeast telecommunication … Read more
[ad_1] “The maximum financial impact is to the extent of the penalty levied. The company does not agree with the order and will take appropriate action(s) for the same,” the filing noted. Bharti Airtel Group firm Telesonic Networks has been penalised for alleged irregularity in claiming input tax credit, according to a regulatory filing. … Read more
[ad_1] Bharti Airtel’s arm Bharti Hexacom on Tuesday said it has fixed a price band of Rs 542 to Rs 570 per share for its Rs 4,275-crore initial public offering (IPO). The initial share-sale of the telecom operator’s arm will be open for public subscription during April 3-5, and the bidding for anchor … Read more
[ad_1] India and Indonesia have emerged as the bright spots in the Asian pack during the December 2023 quarter earnings season. According to an analysis conducted by Nomura, of the 78 companies that are part of the Morgan Stanley Capital International (MSCI) India Index, 35 have exceeded Street estimates, 25 have fallen short, … Read more
[ad_1] With Reliance Jio having intensively acquired spectrum in the 2022 auctions, and Vodafone Idea beset with funding issues, Bharti Airtel may lead at the upcoming spectrum auctions in May, analysts say. Given that Bharti Airtel has to renew the licenses for at least 42MHz of spectrum in the 1800MHz and 900MHz bands … Read more
[ad_1] For the initiative, Airtel has tied up with Aeromobile to provide the service across 19 airlines. Telecom major Airtel has launched in-flight roaming packs for customers with plans starting at Rs 195 in a bid to provide seamless connectivity onboard a flight, the company said on Thursday. In a regulatory filing, Airtel said, … Read more