Airtel News Today

New Delhi, June 14 (IANS) Bharti Airtel on Friday said it has prepaid Rs 7,904 crore to the Department of Telecom (DoT) to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015.

In other news, online travel aggregator ixigo saw its Rs 740-crore IPO subscribed 1.38 times with investors buying 6.02 crore equity shares against the offer size of 4.37 crore shares on day 1 of bidding.

Bharti Airtel: Airtel had raised USD 1,000 million through foreign currency convertible bonds in January 2020 that were convertible into the companys fully-paid up equity shares of Rs 5 each at any time on or after February 27, 2020, and up to the close of business hours on February 7, 2025, at the option of the FCCB holders.

Fino Payments Bank sees an opportunity in the digital banking space after Paytm Payments Banks exit. To capitalise on this, theyre ramping up their digital offerings, aiming to grow their digital revenue share from 5-6% in FY24 to 15% this fiscal year. Since December, Fino has deployed around 14,000 QR codes which reported 300,000 transactions valued at Rs 33 crore.

TECH NEWS : COAI raised concerns about revenue loss due to global tech firms using WhatsApp for enterprise messages. This led to a shift away from WhatsApp for OT

We recently compiled the list of the 13 Best Quality Stocks To Buy according to the hedge funds using the latest sentiment data.

The Directorate of Enforcement (ED) questioned IAS officer Manish Ranjan for around 11 hours in the tender commission scam and money laundering case. Ranjan, the secretary of the revenue, registration, and land reform department, was grilled by the ED for the second time in relation to these cases.

BCLB banned speed dials on Opera Mini while allowing Chrome, Safari, and others to continue.

Last week, Ghana 39;s Minister of Communications and ldquo;digitalisation rdquo; held a press conference in the heat of controversy about the government 39;s decision to award the country 39;s only 5G telecom license to a shadowy entity called, Next Gen Infraco Ltd. In a letter to the lead regulator of the telecom sector, the National Communications Authority NCA, on the 11th of March, 2024, the Minister ordered the NCA Boss to ldquo;proceed to conclude on licensing the frequencies t

Preliminary probe revealed National Employment Authority flagged exercise as scam.