trending Market Intelligence /marketintelligence/en/news-insights/trending/5lQI0YcFbEICBeYEA1uakA2 content esgSubNav
In This List

Airtel off-loads US$407M stake in Bharti Infratel

Blog

TCFD Reporting in Singapore

Blog

Plant upgrades and extensions drive 2025 cable capex forecast

Podcast

Next in Tech | Episode 47: Transformation is transforming technology services

Podcast

Next in Tech | Episode 46: Payments evolution in digital


Airtel off-loads US$407M stake in Bharti Infratel

Bharti Airtel Ltd., through its subsidiary Nettle Infrastructure, off-loaded a 3.6% stake in Bharti Infratel Ltd for about 26 billion Indian rupees, or US$407.3 million, to help lower the company's debt, The Economic Times of India reported.

The shares were sold at the Indian stock exchanges.

As of Aug. 7, 2017, US$1 is equivalent to 63.84 Indian rupees.