Bharti Airtel through its subsidiary Nettle Infra buys 23% stake in Indus Towers
By MYBRANDBOOK
According to a regulatory filing, Bharti Airtel by its wholly owned subsidiary Nettle Infrastructure raised its stake in Indus Towers with acquisition of 23.01% shares. At present Bharti Airtel possesses 47.95% stake in Indus Towers.
Earlier, the telecom operator held 24.94% stake directly and 23.01% through Nettle Infrastructure.
Bharti Airtel has acquired the 23.01% stake of Indus Towers from Nettle to directly own 47.95% in the mobile tower firm.
This is pursuant to the "composite scheme of amalgamation approved by the Hon'ble National Company Law Tribunal, Chandigarh bench, vide its order dated January 25, 2023 and becoming effective from February 1, 2023", the filing said.
Google promotes Sanjay Gupta as APAC President
Sanjay Gupta, who is the present Country Manager - India for Google has be...
Supreme Court verdicts against NEET Re-Examination
The Supreme Court declared that there will be no retest for the NEET-UG e...
Government brings in three employment-linked incentive program
The Finance Minister unveiled three new incentive programs in the Union ...
Amazon may soon launch new AI-powered Alexa
Amazon has been previewing an all-new Alexa which will be based on a new l...
Icons Of India : Dr. Sanjay Bahl
Dr. Sanjay Bahl has around four decades of experience in the ICT indus...
Icons Of India : MADHABI PURI BUCH
Madhabi Puri Buch is the first-female chairperson of India’s markets...
Icons Of India : Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla recently made a comeb...
NSE - National Stock Exchange
NSE is the leading stock exchange in India....
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...