BHARTI ENTERPRISES
Q1 result season begins: 30 companies may report over 100% growth in profit Nifty may report 4% Q1 earnings growth driven by BFSI, auto, metals, healthcare, and real estate, with Trent and Zomato showing significant consumption sector growth. Pharmaceuticals Glenmark Pharma and Laurus Labs have high growth, private and PSU ...
10 Jul, 2024, 09.29 AM ISTBlock deals worth over Rs 9,947 crore this week. HDFC Bank, Infosys, Adani Ports among stocks with major action In the large cap segment, 15 companies witnessed significant block deals worth Rs 5,725 crore led by HDFC Bank with 43 block counts totalling to Rs 2,446 crore. The next in line were Adani Ports and Special Economic Zone (Rs 469 crore), Godrej Consu...
06 Jul, 2024, 11.25 AM ISTDel Monte Foods announces Abhinav Kapoor as new CEO Abhinav Kapoor was previously vice president, sales at VIP Industries, where he was overseeing P&L, multiple channels and sales, the company said in a statement, adding that Kapoor has over two decades of experience in sales and distribution within ...
04 Jul, 2024, 02.37 PM IST
Beetel Teletech signs deal to distribute Alcatel-Lucent Enterprise products in India Bharti Airtel-owned Beetel Teletech has partnered with Alcatel-Lucent Enterprise to distribute networking and communications solutions in India, focusing on critical sectors like telecom, transportation, and healthcare. The collaboration aims to dri...
25 Jun, 2024, 04.30 PM ISTAdani Ports enters Sensex, Wipro exits as part of semi-annual rejig Adani Ports joins Sensex as Wipro exits. The inclusion of APSEZ brings $259 million in passive inflows. Seven stocks' weights to rise: Bharti Airtel, Infosys, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Tata Steel, and IndusInd Bank.
24 Jun, 2024, 09.54 AM ISTBlock deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action Despite the Nifty index closing the shortened trading week with a slight increase of 0.4%, significant activity was observed in block deals. Over three dozen companies across various market caps saw block deals worth a total of ₹40,543 crore, involv...
22 Jun, 2024, 01.50 PM ISTAdani Ports to enter Sensex on Monday, Wipro to exit as part of semi-annual rejig Adani Ports’ Sensex inclusion will trigger passive inflows of $259 million and 14.9 million shares are expected to be added, according to Nuvama’s estimates. Wipro’s exclusion could see outflows of $170 million.
21 Jun, 2024, 05.20 PM ISTStocks in news: Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS Sensex and Nifty hit new highs. NCLAT directs NCLT to re-hear APL Apollo Tubes insolvency plea. Reliance Jio's tech collaboration with TM Forum sees 80% resource increase. Police investigate child labor at Som Distilleries. Mahindra Lifespace target...
18 Jun, 2024, 07.07 AM ISTDeal activity dips 3 pc to USD 5 bn in May Deal activity in May dropped by 3% to $5.023 billion. Mergers and acquisitions fell by 58%, but private equity deals rose by 49%. Largest deals include Google's $350 million investment in Flipkart and Manipal Health's majority acquisition of Medica ...
06 Jun, 2024, 09.51 PM ISTBrookfield India REIT inks pact to acquire Bharti JV stake, funding through listed units Brookfield India REIT acquires 50% stake in Bharti Enterprises' real estate joint venture in New Delhi, adding Grade A assets and increasing operating area by 16%. Ankur Gupta, Managing Partner at Brookfield, emphasizes the diverse portfolio.
16 May, 2024, 11.51 PM ISTVi's Rs 18,000-cr fundraise will increase competition, but it's good for Indian telecom, says Airtel's Gopal Vittal The Airtel managing director said that the telecom industry urgently needs substantial tariff repair, ideally via multiple rounds of price hikes to boost average revenue per user (ARPU) to the Rs 300 level as the current returns are way too low.
16 May, 2024, 09.04 AM ISTBrookfield India REIT set to buy Bharti’s nearly 50% stake in realty JV Last year, Brookfield Asset Management had closed the transaction picking up around 50% stake in Bharti Enterprises’ four commercial properties in Delhi-NCR. Following this deal, Canadian institutional investor Brookfield’s listed REIT in India and ...
16 May, 2024, 12.35 AM ISTBharti Enterprises sells shares of ICICI Lombard for Rs 663 crore Sunil Bharti Mittal-promoted Bharti Enterprises on Thursday offloaded shares of ICICI Lombard General Insurance Company for Rs 663 crore through open market transactions.
09 May, 2024, 09.01 PM ISTHow GQG's $11 billion India empire is growing fast beyond Adani Rajiv Jain's GQG empire in India has expanded to $11 billion, diversifying beyond Adani stocks to include stocks from various sectors like energy, banks, real estate. The portfolio now comprises a wide range of stocks.
24 Apr, 2024, 10.19 AM ISTDial Vi for victory: Cash-strapped telco pulls off biggest FPO The allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional investors (FIIs). The non-institutional investor (NII) portion got bids for 4.5 times the shares set aside for them....
23 Apr, 2024, 06.48 AM ISTThree pvt telecom operators ideal for India: Sunil Mittal A market with three private telecom companies is optimal for India, Bharti Enterprises chairman Sunil Mittal said on Thursday as debt-laden Vodafone Idea (Vi) got a financial lifeline allaying fears of a duopoly in the telecom sector. "My position h...
19 Apr, 2024, 12.50 AM ISTStupendous FY24 drives market cap of 25 cos by Rs 1 lakh crore; Zomato among them The unperturbed faith of retail investors, coupled with higher participation of both foreign investors and mutual funds led the strong performance and also drove the market capitalization.
29 Mar, 2024, 10.46 AM ISTAmber, Ambuja Cement, Axis Bank and Bharti Airtel among Jefferies' top picks "India's capex cycle has turned from its FY20 bottom, and should last another five-plus years as the housing and corporate capex cycle play out," it said.
19 Mar, 2024, 05.33 AM ISTJefferies picks 11 stocks that can deliver 15-25% CAGR return for 5 years Global brokerage firm Jefferies has released a list of 11 stocks that it believes can deliver 15-25% CAGR over the next five years. Stocks with the highest upside include Macrotech, Axis Bank, Max Healthcare and Amber.
18 Mar, 2024, 02.24 PM ISTBharti Enterprises loses appetite for Del Monte JV, to focus on telecom Bharti Enterprises and global investment group E.L. Rothschild had formed an equal joint venture, FieldFresh Foods, in 2004, to produce and export fresh vegetables and fruits. Three years later, in 2007, the Singapore-listed Del Monte Pacific Ltd ac...
01 Mar, 2024, 01.21 PM IST