Edition:
India

Bharti Airtel Ltd (BRTI.BO)

BRTI.BO on Bombay Stock Exchange

353.35INR
24 May 2019
Change (% chg)

Rs14.95 (+4.42%)
Prev Close
Rs338.40
Open
Rs339.90
Day's High
Rs356.00
Day's Low
Rs339.90
Volume
311,079
Avg. Vol
405,375
52-wk High
Rs365.87
52-wk Low
Rs254.29

Latest Key Developments (Source: Significant Developments)

Bharti Airtel March Qtr Consol Net Profit Rises
Monday, 6 May 2019 

May 6 (Reuters) - Bharti Airtel Ltd ::MARCH QUARTER CONSOL REVENUE 206.02 BILLION RUPEES VERSUS 193.95 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL NET PROFIT 1.07 BILLION RUPEES VERSUS PROFIT OF 829 MILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER LOSS WAS 4.17 BILLION RUPEES.  Full Article

Bharti Airtel March Qtr Consol India Mobile Services Revenue Rises
Monday, 6 May 2019 

May 6 (Reuters) - Bharti Airtel Ltd ::MARCH QUARTER CONSOL INDIA MOBILE SERVICES REVENUE 106.32 BILLION RUPEES VERSUS 103.53 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL AFRICA MOBILE SERVICES REVENUE 55.12 BILLION RUPEES VERSUS 47.31 BILLION RUPEES LAST YEAR.MARCH QUARTER EXCEPTIONAL GAIN 20.22 BILLION RUPEES.  Full Article

Singtel To Subscribe To 170 Mln New Shares In Airtel
Thursday, 7 Mar 2019 

March 7 (Reuters) - Singapore Telecommunications Ltd ::WILL SUBSCRIBE TO 170 MILLION NEW SHARES IN INR250 BILLION RIGHTS ISSUE BY BHARTI AIRTEL AT AN ISSUE PRICE OF INR220 PER SHARE.DEAL FOR A TOTAL CONSIDERATION OF 37.5 BILLION RUPEES.SINGTEL'S EFFECTIVE INTEREST IN AIRTEL WILL BE 35.2%.AIRTEL WILL USE PROCEEDS FROM RIGHTS ISSUE TO REDUCE LEVERAGE AND STRENGTHEN ITS BALANCE SHEET.  Full Article

Bharti Airtel Says Airtel Kenya Signs Deal With Telkom Kenya To Combine Operations
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Bharti Airtel Ltd ::AIRTEL KENYA SIGNS AGREEMENT WITH TELKOM KENYA TO COMBINE OPERATIONS.AIRTEL KENYA, TELKOM KENYA TO MERGE MOBILE, ENTERPRISE AND CARRIER SEIVICES BUSINESSES IN KENYA TO OPERATE AS 'AIRTEL- TELKOM'.  Full Article

Bharti Airtel Says Growth In Data Volumes In India And Imminent Recovery In Voice Tariffs Will Help Business
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Bharti Airtel Ltd ::SAYS REVISION IN CREDIT RATINGS BY MOODY''S INVESTORS SERVICE W.R.T DEBT INSTRUMENTS OF COMPANY.TREND OF ROBUST GROWTH IN DATA VOLUMES IN INDIA AND IMMINENT RECOVERY IN VOICE TARIFFS WILL FURTHER HELP OVERALL BUSINESS.  Full Article

Bharti Airtel Says Co Paid Amount Owed To Aircel Entities
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Bharti Airtel Ltd ::CLARIFIES ON NEWS REPORT TITLED "BHARTI AIRTEL RELEASES PAYMENT TO AIRCEL TO MEET STAFF SALARIES, MAINTAIN ASSETS".BHARTI AIRTEL -CO HAD, ON BEHALF OF AIRCEL, DISHNET WIRELESS PROCURED AND SUBMITTED CERTAIN BANK GUARANTEES OF ABOUT 4.53 BILLION RUPEES TO DOT.BHARTI AIRTEL-BANK GUARANTEES WERE TO BE RETURNED BY DOT AS PER TDSAT ORDER IN MATTER BETWEEN AIRCEL ENTITIES AND DOT, WHICH WAS NOT DONE BY DOT.BHARTI AIRTEL-SC PASSED ORDERS THAT BANK GUARANTEES SHALL STAND CANCELLED AND SHALL NO LONGER BE USED FOR ANY PURPOSE WHATSOEVER.BHARTI AIRTEL-BASIS CANCELLATION OF BANK GUARANTEES,CONSEQUENT RELEASE OF CREDIT LINES BY AXIS BANK,CO PAID AMOUNT OWED BY IT TO AIRCEL ENTITIES.  Full Article

India's Bharti Airtel Forms Special Committee Of Directors For Fund Raising
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Bharti Airtel Ltd ::FORMED SPECIAL COMMITTEE OF DIRECTORS FOR FUND RAISING TO COMPREHENSIVELY EXPLORE OR EVALUATE VARIOUS OPTIONS OF FUND RAISING.  Full Article

Bharti Airtel Says Niger General Tax Directorate Ordered Closure Of Airtel Niger Offices
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Bharti Airtel Ltd ::GENERAL TAX DIRECTORATE OF NIGER ORDERED CLOSURE OF OFFICES OF AIRTEL NIGER, SEEKING TAX AMOUNTS THAT HAVE BEEN DISPUTED BY AIRTEL NIGER.AIRTEL NIGER HAS REQUESTED AUTHORITIES TO REVIEW ISSUES IN DEPTH TO REACH A MUTUALLY ACCEPTABLE SOLUTION.IN OCT, AN ASSESSMENT WAS MADE ON AIRTEL NIGER'S TAXES AND AIRTEL NIGER.BASED ON INDEPENDENT ADVICE,"BELIEVES THIS WAS DONE WITHOUT APPRECIATION OF FACTS,LAW &WITH UNDUE HASTE IN DISMISSING DETAILED RESPONSES".  Full Article

Family Zone Cyber Safety Announces Letter Of Intent With Bharti Airtel Ltd
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Family Zone Cyber Safety Ltd ::FAMILY ZONE SIGNS BHARTI AIRTEL.ANNOUNCE SIGNING OF A LETTER OF INTENT WITH BHARTI AIRTEL LIMITED FOR RESALE OF FAMILY ZONE'S SERVICES IN INDIA.  Full Article

India's Bharti Airtel Says News Item On Co Trying To Launch IPO In Tanzania Factually Incorrect
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Bharti Airtel Ltd ::SAYS NEWS ITEM ON CO TRYING TO LAUNCH AN IPO IN TANZANIA IS FACTUALLY INCORRECT.SAYS AIRTEL WOULD, EVEN POST IPO CONTINUE TO MAJORITY OWN AIRTEL AFRICA LIMITED, UK AND IN TURN THE AFRICAN OPERATIONS.  Full Article

BUZZ-India's Bharti Airtel hits over 7-month high on Q4 beat

** Shares in Bharti Airtel Ltd rise as much as 2.2 pct to 340.85 rupees, their highest since Sept 24, 2018