September 5, 2017 / 7:31 AM / 7 months ago

BUZZ-India's Bharti Airtel hits nearly 2-mth low; top pct loser on NSE index

** Shares in Bharti Airtel Ltd drop as much as 4.4 pct to 397.90 rupees, its lowest since July 12

** Delhi High Court dismissed Vodafone India's plea asking for more clarity on how the telecom regulator would decide whether to lower the interconnect usage charge (IUC), Economic Times reported

** The telecom regulator is considering lowering the IUC - the charge paid by operator of the network from where a call originates to the telco where it terminates - to 7-8 paise from the current charge of 14 paise

** Bharti Airtel stock posts biggest intraday pct loss in over five months; stock top pct loser on the NSE index

** Rival Idea Cellular Ltd falls as much as 2 pct to a three-week low

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