beetel acquisition: Bharti Airtel Services to acquire 97.1% stake in Beetel Teletech
Bharti Airtel Services has agreed to acquire 97.1% stake in Beetel Teletech, a subsidiary of Bharti Airtel. The acquisition, valued at Rs 669 crore, is part of the company's strategy to enable indigenisation initiatives within its own telecom products ecosystem, aligning with the government's 'Make In India' policy.
Source: indiatimes.com