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Bharti Airtel raises $1.25 billion via overseas bonds

Bharti Airtel raises $1.25 billion via overseas bonds The telecom operator has priced $750 million worth of senior 10.25-year bonds at a yield of 187.5 basis points for an implied coupon of 3.250%. (Photo: Reuters) 1 min read The telco has received orders from 92 accounts for senior bonds, and from 97 accounts for perpetual bonds. The order book is very well distributed by region, with over 30% from Asia Pacific, more than 45% from Europe, the Middle East and Africa and the balance from the US ...
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Modi to visit Dhaka in first post-covid trip

Modi to visit Dhaka in first post-covid trip File photo of PM Narendra Modi with his Bangladeshi counterpart Sheikh Hasina. The two nations may launch talks on Comprehensive Economic Partnership Agreement during the visit in March (PTI) Ties between the two countries have been on an upswing since 2015 when the two countries concluded their land boundary agreement that had been pending for decades Indian foreign minister S. Jaishankar is expected to visit Dhaka to pave the way for Modi’s visi...
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Mumbai's Oval Maidan will be closed from tomorrow due to surge in Covid-19

Mumbais Oval Maidan will be closed from tomorrow due to surge in Covid-19 Premium (HT) Mumbais Covid-19 tally stands at 3,21,698 as per the data updated on Wednesday Mumbai and the rest of Maharashtra have seen a spike in cases since the second week of February Share Via Read Full Story Mumbai: In the wake of the resurgence of coronavirus cases, the Mumbai civic body has decided to shut the iconic Oval Maidan from Friday, officials said. No sports or other activities will be allowed at the rec...
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Rising costs to push fintechs to speed up revenue streams

Rising costs to push fintechs to speed up revenue streams Premium The move to slash merchant discount rates to zero for UPI and RuPay transactions has further impacted revenues of payment firms . 3 min read Share Via Read Full Story BENGLAURU : Digital payments firms will be forced to look at speeding up their revenue plans as compliance expectations from the government and the Reserve Bank of India (RBI) may increase operating and compliance costs. RBI’s recent directions on digital payment ...
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Your sister will have to give a specific power of attorney

Your sister will have to give a specific power of attorney Photo: iStockPremium Share Via Read Full Story I’m going through the sale of the property of our late father, who passed away in 2018. We have done the property’s mutation in the name of my mother, elder sister and myself (we are two siblings). My sister has moved to the UK, where she is working and residing. We have a buyer in India who has given an advance for the property and needs a power of attorney for the progress and to fina...
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Agritech startup Clover launches D2C app

Agritech startup Clover launches D2C app Clover founders (from left) Santosh Narasipura, Avinash B.R., Gururaj Rao and Arvind Murali have switched to selling freshly sourced vegetables directly to consumers during the pandemic 2 min read Share Via Read Full Story Bengaluru: Agritech startup Clover, which sells fresh fruits and vegetables, has launched its direct-to-consumer app Deep Rooted, as it moves away from its business-to-business (B2B) model to focus on a D2C business strategy. The new c...
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Tandav row: Allahabad HC rejects anticipatory bail plea of Amazon Prime exec

Tandav row: Allahabad HC rejects anticipatory bail plea of Amazon Prime exec A still from Tandav (HT) 1 min read . Updated: 25 Feb 2021, 11:47 PM IST PTI The Allahabad HC rejected the anticipatory bail plea filed by the head of Amazon Prime Video’s India Originals Aparna Purohit, who has been accused of inappropriate depiction of UP police personnel, Hindu deities and an adverse portrayal of a character playing the prime minister in Tandav. Share Via Read Full Story The Allahabad High Court...
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