Company Profile

Bharti Airtel and Nokia, a global telecommunications equipment and service provider, have partnered to offer private LTE based Industry 4.0 solution to enterprises. The partnership will address the emerging requirements of enterprises across banking, financial services and insurance (BFSI), information technology enabled services (ITES), media and services, manufacturing and distribution with technologies such as cloud, IoT, artificial intelligence and machine learning, and edge computing concepts. In addition, the two companies will explore the development of 5G use-cases for the enterprises.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Bharti Airtel has paid Rs 10,000 crore to Department of Telecommunications (DoT) towards adjusted gross revenue (AGR) dues, after Supreme Court rap and the government's stringent deadline. The company will make payment of the balance amount after self-assessment exercise.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Bharti Airtel and Nokia, a global telecommunications equipment and service provider, have partnered to offer private LTE based Industry 4.0 solution to enterprises. The partnership will address the emerging requirements of enterprises across banking, financial services and insurance (BFSI), information technology enabled services (ITES), media and services, manufacturing and distribution with technologies such as cloud, IoT, artificial intelligence and machine learning, and edge computing concepts.

USFDA has completed inspection at Granules India's facility in Gagillapur located in Hyderabad, Telangana, India on February 14, 2020 with two observations. The company will respond to these observations within the stipulated time.

The audit of Dr. Reddy's Laboratories’ Formulations Srikakulum Plant (SEZ) Unit I, Andhra Pradesh by the USFDA, has been completed with zero observation.

Poddar Housing and Development has launched Phase I of its project known as ‘Poddar RIVIERA’ under PMAY scheme (Pradhan Mantri Awas Yojna) at kalyan. The Phase I of the said project is having 720 units with a built-up area of approximately 0.53 million sq. ft.

In line with its vision to strengthen international connectivity, InterGlobe Aviation (Indigo) has launched its new Delhi-Dammam flight effective March 10, 2020. Dammam was IndiGo's 24th international destination and 3rd in the Kingdom of Saudi Arabia after Jeddah and Riyadh. With this new addition, the airline will now operate a total of 05 daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi.

RITES has emerged as a successful bidder for supply of Locomotives, Coaches and DEMUs (Diesel electric Multiple Units) to a Cape Gauge country. RITES has submitted the price bid for the contract amount of around Rs 680 crore and discussion on contract documents are expected to conclude soon.

Ashoka Buildcon has received a Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Four Laning of Tumkur-Shivamogga section from Km 119+790 (Design Km 121+900) to Km 166+100 (Design Km170+415), Banwara to Bettadahalli section of NH-206 in the State of Karnataka, on Hybrid Annuity Mode under Bharatmala Priyojana (Package - III). The accepted Bid Project Cost is Rs 1,035.50 crore.

Bharti Airtel’s Mauritius based wholly-owned subsidiary--Network i2i has raised $250 million (approximately Rs 1,780 crore) through perpetual bonds offering an yield of 5.65 percent. Airtel is among the few domestic companies, including Reliance and SBI, to issue perpetual bonds which do not prescribe a maturity date but can go up to 100 years. The latest fund raise is in addition to existing securities of $750 million (around Rs 5,343 crore) that the company garnered recently.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Bharti Airtel is currently trading at Rs. 543.80, up by 4.00 points or 0.74% from its previous closing of Rs. 539.80 on the BSE.

The scrip opened at Rs. 543.60 and has touched a high and low of Rs. 546.70 and Rs. 542.50 respectively. So far 10130 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 552.85 on 06-Feb-2020 and a 52 week low of Rs. 272.51 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 546.70 and Rs. 532.00 respectively. The current market cap of the company is Rs. 294490.99 crore.

The promoters holding in the company stood at 62.70%, while Institutions and Non-Institutions held 30.54% and 6.71% respectively.

Bharti Airtel’s Mauritius based wholly-owned subsidiary--Network i2i has raised $250 million (approximately Rs 1,780 crore) through perpetual bonds offering an yield of 5.65 percent. Airtel is among the few domestic companies, including Reliance and SBI, to issue perpetual bonds which do not prescribe a maturity date but can go up to 100 years. The latest fund raise is in addition to existing securities of $750 million (around Rs 5,343 crore) that the company garnered recently.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.