bharti airtel

The special committee of directors has fixed a floor price of Rs 452.09 per share.

Airtel added that it will continue to provide 2G network services in Karnataka to serve the connectivity needs of customers.

Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.

The company has received an approval to raise USD 1 billion through foreign debt instrument.

Airtel, Voda Idea raise tariffs by up to 50 per cent, Jio by 40 per cent.

The fund raising proposal follows the Supreme Court judgement on adjusted gross revenue.

On the BSE, Reliance Communications's shares rose 4.55 per cent to 69 paise apiece.

Bharti and Vodafone Idea have filed separate review petitions in the Supreme Court.

Bharti Airtel also rose 3.11 per cent to hit its 52-week high of Rs 452.95, registering its fourth consecutive day of gain.

Bharti Airtel and Vodafone Idea on Monday announced a hike in mobile phone call and data charges from December.

Bharti said it made a provision of 284.50 billion rupees, more than 92 per cent of the overall charge for exceptional items.

Shares of Vodafone Idea slumped 8.66 per cent to Rs 3.48 apiece - its 52-week low - on the BSE.

The company was earlier scheduled to approve and release its Q2 numbers on Tuesday.

Telecom companies will have to pay Rs 1.4 lakh crore to the Centre.

Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its 52-week low.

A three-judge bench, headed by Justice Arun Mishra, upheld the definition of adjusted gross revenue formulated by the Department of Telecom.

The report found that Jio's 4G services are available to users 97.8 per cent of the time, Airtel stood second with 89.2 per cent.

Bharti Airtel has appointed a clutch of bankers including BofA Merrill Lynch, Barclays among others as joint bookrunners.

The benefits include 3 months Netflix subscription gift, 1 year Amazon Prime membership and access ZEE5 and Airtel Xstream app.

Total remuneration paid to Mittal was about Rs 31 crore, while Vittal was paid Rs 20.9 crore.