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Wipro share price: Stocks in the news: Wipro, Vodafone Idea, Bajaj Auto, Mindtree, M&M & L&T

Wipro share price: Stocks in the news: Wipro, Vodafone Idea, Bajaj Auto, Mindtree, M&M & L&T
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Bharti Airtel subsidiary Nettle Infrastructure Investment acquires OneWeb India

Bharti Airtel announced that Nettle Infrastructure Investments, a wholly-owned subsidiary of the Company, has acquired stake in OneWeb India Communications. OneWeb was incorporated on 04 February 2020 to carry on business activities and network services associated with the communications industry. This includes the provision of satellite Internet broadband services and capacity to local service providers, vendors and consumers; holding spectrum, gateway and other licenses and permits; and owning, importing/exporting property/equipment as needed relating to the operations of the business. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Board of Bharti Airtel approves composite scheme of arrangement

At meeting held on 14 April 2021The Board of Bharti Airtel at its meeting held on 14 April 2021 has approved the Composite scheme of arrangement between Bharti Airtel , Nettle Infrastructure Investments, Airtel Digital, Telesonic Networks and Airtel and their respective shareholders and creditors for: (a) Amalgamation of Nettle Infrastructure Investments, Airtel Digital and Telesonic Networks, wholly-owned subsidiaries with and into Bharti Airtel; and (b) Demerger of the Telecom Business Undertaking of Bharti Airtel and vesting of the same with Airtel, its wholly-owned subsidiary on a going concern basis subsequent to the completion of the aforesaid amalgamations. Powered by Capital Market - Live News

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