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The Latest Breaking News from Sunil Bharti Mittal

Bharti Airtel claims No.2 spot: How it beat HDFC Bank to become India's second most valuable company

Bharti Airtel has overtaken HDFC Bank to become India’s second most valuable listed company. Airtel shares rose over 2%, taking its market capitalisation to around Rs 11.8 lakh crore, while HDFC Bank shares fell more than 2%, reducing its market cap to nearly Rs 11.7 lakh crore. Reliance Industries remains…

The Economic Times

Prudential to acquire 75% stake in Bharti’s insurance business for Rs 3,500 crore

Prudential plc is set to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd. This strategic partnership aims to expand access to life and health protection solutions across India, leveraging the combined strengths of both organizations. The deal signifies a significant development in…

The Economic Times

Airtel to set up 56 edge data centres within 2 yrs; tariff structure in India needs to change: Gopal Vittal

Bharti Airtel is set to build 56 edge data centers in the next 18 to 24 months. This expansion aims to significantly scale up the company's business in the data center segment. The move is part of a larger strategy to strengthen infrastructure and gain market share. Airtel is also…

The Economic Times

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Sunil Bharti Mittal announces succession plan: Meet the GenNext

Airtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Eiesha, have established their own professional paths. Kavin is a tech entrepreneur, Shravin is an investor and dealmaker, and Eiesha focuses on lifestyle ventures. This signals a new…

The Economic Times

Sunil Bharti Mittal to hand over Airtel to his children in 10 yrs, desires Bharti Telecom regains 51% stake in co

Telecom leader Sunil Bharti Mittal intends to pass on Bharti Airtel's leadership to his children in the next ten years. He also aims for promoter firm Bharti Telecom to reclaim over 50 percent ownership. This transition will depend on Airtel's performance and cash generation. Mittal also plans to increase Airtel's…

The Economic Times

India Inc reads calm, not alarm, in PM Modi's austerity message

Prime Minister Narendra Modi urged a cutback on reducible expenses like fuel, foreign travel, and gold. Industry leaders see this as a call for self-reliance and moderated consumption. Global economic pressures, particularly from the West Asia crisis, are impacting India. Leaders support the Prime Minister's message, emphasizing domestic investment and…

The Economic Times

BT shares slip after Indian billionaire Mittal takes board seats

The company’s shares fell by around 3% as shareholders took the move as a signal that Sunil Bharti Mittal will increase his influence on the firm.

Evening Standard

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Farewell, Patrick Drahi from BT – who won’t be missed

Long-term intentions of stake’s new owner Bharti are unclear but it should be told it cannot own the company outright

The Guardian - UK

Sunil Bharti Mittal: who is the Indian tycoon now BT’s largest shareholder?

Billionaire built business from bicycle components empire that takes in UK hotels

The Guardian - UK

Billionaire Sunil Mittal-owned Bharti buys BT stake

An investment firm owned by Indian billionaire Sunil Mittal is to acquire a 25% stake in BT.

Evening Standard

Bharti Enterprises chief Sunil Bharti Mittal knighted by King Charles III

Sunil Bharti Mittal, founder of Bharti Enterprises, becomes first Indian to receive honorary Knighthood from Britain's King Charles III.

The Hindu

Launch of 36 OneWeb satellites with ISRO, NewSpace India marks key milestone to enable global connectivity

Bharti-backed OneWeb, the Low Earth Orbit satellite communications company, on Sunday confirmed the successful deployment and contact of 36 satellites launched by NewSpace India Limited, from the Satish Dhawan Space Centrein Andhra Pradesh's Sriharikota. Read further on Dynamite News:

Dynamite News

Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairman

BARCELONA: The return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday.

The Times of India

Land has been acquired for launch site in Tamil Nadu: ISRO chief

The Indian Space Research Organisation has acquired land for the proposed rocket launch site in Tamil Nadu where a launch pad would be set up, the chief of the space agency said on Sunday. Read more on Dynamite News:

Dynamite News

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The Times of India

Bharti co to buy Rs 13,000 crore Airtel stake from Singtel

NEW DELHI: Bharti Airtel promoter Bharti Telecom will buy a 3.3% Airtel stake from Singtel (Singapore Telecommunications) for about Rs 12,895 crore in 90 days, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal’s family and Singtel are co-investors in Bharti Telecom.

The Hindu

Telecom Minister Ashwini Vaishnaw asks telcos to gear up for 5G launch

The DoT has received payment of around ₹17,876 crore from service providers — Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for 5G spectrum they won in a recent auction.

The Times of India

5G spectrum auction: Rs 1.45 lakh crore bids by Jio, Airtel, others on day 1

NEW DELHI: India's largest ever auction of spectrum used to carry mobile signals saw bids of Rs 1.45 lakh crore for 5G airwaves from groups run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani on the first day on Tuesday.

The Hindu

KTR hardsells Telangana at Davos

Meets top honchos of tech and pharma companies

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The Hindu

Government must keep 5G spectrum fee low; faster roll out to have greater impact, says Airtel

Sunil Bharti Mittal argued that instead of devoting money on spectrum acquisitions, service providers can invest in faster roll out of the network

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