Reserve Bank of India has increased the limit of investments by Foreign Institutional Investors (FIIs)/Registered foreign portfolio investors in Bharti Airtel to 74% of the company’s paid-up capital. The company has already passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs.
Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1927.70 |
| Vodafone Idea | 14.21 |
| Indus Towers | 387.80 |
| Tata Communications | 1900.00 |
| Bharti Hexacom | 1458.00 |
| View more.. | |
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