Sunday, August 29, 2021

Airtel builds war chest: Announces mega Rs 21,000 crore rights issue

Sunil Mittal-led Bharti Airtel announced a mega Rs 21,000 crore fund raise by announcing a rights issue at a price of Rs 535 per share, the money coming in at a time when the company gears up for the launch of 5G services in India even as it looks to cut down its mammoth debt of Rs 1.6 lakh crore.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3Bnvarb

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