Bharti Airtel's shareholders nods preferential issue to Google; stock skids 1.50%
This resolution was approved with a 99.99% majority at Airtel’s Extra-Ordinary General Meeting (EGM).
Stay updated with breaking news from India Digitization. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This resolution was approved with a 99.99% majority at Airtel’s Extra-Ordinary General Meeting (EGM).
Mumbai: Telecom major Bharti Airtel on Wednesday announced its third quarter FY 2022 results. The company has posted quarterly revenues of Rs 29,867 crore, up 18.3 per cent year-on-year backed by strong and consistent performance delivery across the portfolio. It reported net income (after exceptional items) of Rs 830 crore. The telecom company’s India business saw quarterly
Alphabet Inc CEO Sundar Pichai said that Google's $10 billion Google for India Digitization Fund is a reflection of the company’s confidence in India.
Google will invest up to $1 billion in a partnership with Airtel as part of its Google for India Digitization Fund.
Software giant Google has acquired 1.28% equity stake in Bharti Airtel Limited.