Buy Bharti Airtel; target of Rs 950: Motilal Oswal
Motilal Oswal is bullish on Bharti Airtel recommended buy rating on the stock with a target price of Rs 950 in its research report dated April 13, 2023.14-04-2023
14-04-2023
Airtel's complaint is a frivolous attempt to protect its own interests: Reliance Jio
Jio said that a close reading of the complaint letter would clearly establish that Airtel's sole grouse is that JioFiber is offering reasonable tariffs to customers12-04-2023
BHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing herewith a press release dated April 12, 2023 titled 'Airtel 5G Plus now live in Ladakh' issued by the Company.12-04-2023
Airtel flags concerns over broadcast content on unregistered digital sites
Bharti Airtel has told regulator Trai that broadcasters are violating the downlinking policy by providing broadcast content to unregistered digital distribution platforms. The telecom player's submission to the watchdog is seen as an apparent reference to Jio TV showing IPL 2023 matches. Bharti Airtel has said the delivery of the same broadcast on broadband through an app on large screen has created an anti-competitive environment and a non-level playing field for the regulated Distribution Platforms (DPOs). "As per MIB's downlinking policy, the broadcaster is under an obligation to provide services only through registered DPOs (such as DTH providers). By providing broadcast content to unregistered digital distribution platforms, the broadcasters are violating the downlinking policy which needs to be addressed by MIB (Ministry of Information and Broadcasting) and Trai," Airtel said. An e-mail query sent to Reliance Jio did not elicit any immediate response. According to Bharti Air12-04-2023
BHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Allotment
This is in reference to the USD 1,000 million 1.50% Convertible Bonds due 2025 (ISIN USY0889VAA80) issued by the Company vide Offering Circular dated January 14, 2020, convertible into Company's fully-paid up equity shares of INR 5/- each at any time on or after February 27, 2020 and upto the close of business hours on February 07, 2025, at the option of the FCCB holders. We wish to submit that upon receipt of notice for conversion of FCCBs of principle value of USD 5,108,000 from certain holders of FCCBs, the Special Committee of Directors for Fund Raising has, today i.e. on April 04, 2023, approved the allotment of 706,161 fully paid-up equity shares of face value INR 5/- each at a conversion price of INR 521/- per equity share to such holders of FCCBs.04-04-2023
India Post Payments Bank partners Airtel to launch services on WhatsApp
State-owned India Post Payments Bank has partnered with Bharti Airtel to launch banking services through WhatsApp for its customers here, a joint statement said on Friday. The newly launched IPPB WhatsApp Banking channel will enable IPPB customers to connect with the bank on WhatsApp and effortlessly avail a host of banking services, including doorstep service requests and locating the nearest Post Office. "We are delighted to work with Bharti Airtel as our partner in driving digital and financial inclusion in India. We believe that financial services driven by technology have great potential and can go a long way in ensuring that the best financial products reach the farthest corners of the country," IPPB CGM and CSMO Gursharan Rai Bansal said. IPPB has over 4.51 lakh accounts in Delhi. Airtel-IPPB WhatsApp Banking solution is also working on building multi-language support, enabling added convenience to customers, especially to those in the rural parts of the country to access ..31-03-2023
BHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing herewith a press release dated March 31, 2023 titled 'Airtel and India Post Payments Bank launch WhatsApp Banking Services' issued by the Company.31-03-2023
BHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Acquisition
In furtherance to the earlier communication dated June 06, 2022 (enclosed as 'Annexure- A') and in terms of terms of Regulation 30 of the SEBI Listing Regulations, we wish to inform you that Nxtra Data Limited, a subsidiary of the Company has entered into an agreement resulting in acquisition of 5.464% additional stake in Avaada MHAmravati Private Limited, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. Other details as required to be disclosed under aforesaid Regulation 30 read with SEBI Circular dated September 09, 2015, are enclosed as 'Annexure B'.30-03-2023
Bharti Airtel falls 3% in two days; stock nears 6-month low
Thus far in the calendar year 2023, Bharti Airtel has tumbled 9%, as compared to 6% decline in the S&P BSE Sensex and 13% fall in Reliance Industries' shares29-03-2023