Section

Singtel's stake in Airtel rises, Mittals' falls after Bharti telecom deal

By Economic Times - 5 days ago
Singapore Telecommunications (Singtel) has increased its effective stake in Bharti Airtel to 29.44% after Bharti Telecom, Airtel's main controlling company, raised its ownership. This acquisition has resulted in the Mittal family's stake decreasing to 23.7%. Bharti Telecom, jointly owned by Singtel and the Mittals, aims to maintain a controlling stake in Airtel.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.