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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 Shares Decline After Agreement with SpaceX to Offer Starlink Services in India Bharti Airtel Share Price Dips Following Starlink Deal Bharti Airtel, India’s second-largest telecom operator, saw its shares decline on Wednesday after announcing an agreement with Elon Musk’s SpaceX to provide high-speed internet services through Starlink in India. While Bharti Airtel’s stock…
Posted on February 25, 2025, by Niftynews The Bharti Airtel share price surged by 3% on February 25, 2025, following the announcement of a strategic partnership with Ericsson. The share price reached ₹1,644.45 per share on the National Stock Exchange (NSE) by 3:00 PM, reflecting a 2.69% increase. This upward movement in the stock positioned Bharti…
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…
Posted on February 7, 2025, by Niftynews Bharti Airtel, the second-largest telecom operator in India, has reported a remarkable 505% growth in net profit for the quarter ending December 31, 2024. The telecom giant’s net profit surged to Rs 14,781 crore, compared to just Rs 2,442 crore in the same period last year. This growth was…