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1. Overview: AGR Dues in Focus Again Shares of Indian telecom giants Bharti Airtel and Vodafone Idea (Vi) came under pressure on Monday, May 19, after it was revealed that both companies have approached the Supreme Court seeking relief from massive adjusted gross revenue (AGR) dues, particularly interest, penalties, and related charges. This renewed legal…
Bharti Airtel Ltd, one of India’s largest telecom operators, is back in the market spotlight after reports emerged that Singapore Telecommunications Ltd (Singtel), through its wholly owned subsidiary Pastel Ltd, is preparing to offload a portion of its stake in the company through a block deal. According to a term sheet accessed by CNBC-TV18, Pastel…
Shares of Bharti Airtel, one of India’s leading telecom companies, remained largely flat during morning trade on February 18, 2025, after the firm witnessed a significant block deal worth ₹8,475 crore. A total of 5.1 crore shares exchanged hands in the deal, with promoter entity Indian Continent Investment Ltd (ICIL) likely being the seller. The…