Bharti Infratel Ltd (BHRI.NS)
29 Jul 2016
- Note: Reuters has not verified this story and does not vouch for its accuracy
July 7 Indian shares swung between gains and losses on Thursday as markets took a breather after recent gains, but worries over global economic growth stagnation continued to weigh on investor sentiment.
** Bharti Infratel Ltd's shares fall as much as 4.02 pct to its lowest since Jan 14, 2015
** Telecom tower infrastructure provider on Tuesday approved proposal to buyback equity shares worth 20 bln rupees ($300.4 mln)
** Company to consider share buyback during a board meeting on Wednesday
MUMBAI Bharti Airtel will sell more than 5 percent stake in its tower arm Bharti Infratel through an open market block deal, CNBC TV18 reported citing sources.
MUMBAI, April 20 India's Bharti Airtel will sell more than 5 pct stake in its tower arm Bharti Infratel through an open market block deal, CNBC TV18 reported citing sources.