News for 'Bharti Group'

Srini Gopalan named new CEO of T-Mobile

Srini Gopalan named new CEO of T-Mobile

Rediff.com24 Sep 2025

Indian-American executive Srini Gopalan has been appointed chief executive officer of telecom operator T-Mobile, amid ongoing debates over H-1B visa policies. Gopalan's appointment, effective from November 1, 2025, comes as US President Donald Trump signed a proclamation imposing a staggering $100,000 fee on new H-1B visas, triggering widespread panic, concern and fear among Indian professionals on work visa.

Should The Bengal Files Have Been Made?

Should The Bengal Files Have Been Made?

Rediff.com9 Sep 2025

Some of the issues Vivek Agnihotri raises in The Bengal Files are valid, but today, the need of the hour is to find ways of negotiating peace not pouring oil over troubled waters, asserts Deepa Gahlot.

Bihar polls: Gehlot meets Lalu, Tejashwi as Congress, RJD patch up

Bihar polls: Gehlot meets Lalu, Tejashwi as Congress, RJD patch up

Rediff.com22 Oct 2025

Internal discord within the INDIA bloc has led to alliance partners contesting against each other in at least eight assembly seats in Bihar. The Congress, RJD, and Left parties are facing challenges in seat-sharing arrangements for the upcoming elections.

Bharti appoints Inder Walia as group director

Bharti appoints Inder Walia as group director

Rediff.com20 Jul 2007

As a group director and as a member of the management board, Walia's responsibility would be human resources and integration for Bharti group.

How Karisma-Kareena Celebrated Ganpati

How Karisma-Kareena Celebrated Ganpati

Rediff.com1 Sep 2025

Film folk celebrated Ganpati over the weekend, and posted pictures on social media.

Bharti dials up UK telecom play with $4 bn stake in BT

Bharti dials up UK telecom play with $4 bn stake in BT

Rediff.com13 Aug 2024

Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .

Sensex, Nifty settle nearly 1% higher; Bharti Airtel, RIL among top gainers

Sensex, Nifty settle nearly 1% higher; Bharti Airtel, RIL among top gainers

Rediff.com29 Nov 2024

From the 30-share Sensex pack, Bharti Airtel, Mahindra & Mahindra, UltraTech Cement, Adani Ports, Reliance Industries, Larsen & Toubro, JSW Steel, Hindustan Unilever, Titan and Tata Motors were the biggest gainers. Power Grid, Nestle, State Bank of India and Infosys were the laggards.

Officers who planned, executed Operation Sindoor awarded

Officers who planned, executed Operation Sindoor awarded

Rediff.com15 Aug 2025

India recognised acts of gallantry by armed forces personnel and senior military officers involved in Operation Sindoor, along with other distinguished service awards, on the eve of the 79th Independence Day.

Bharti ropes in ex-Walmart India head as Group Advisor

Bharti ropes in ex-Walmart India head as Group Advisor

Rediff.com9 Oct 2013

Former Walmart India head Raj Jain has been roped in as an advisor by the Bharti Group, which on Wednesday parted ways with the US retail giant to operate stores independently in India.

Future Group's retail biz to merge with Bharti Retail

Future Group's retail biz to merge with Bharti Retail

Rediff.com4 May 2015

Bharti Retail will issue one equity share of Rs 2 each for every share of Rs 2 held in Future Retail

What Insurance Should You Buy?

What Insurance Should You Buy?

Rediff.com1 Sep 2025

Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Ready to undertake any further missions if...: IAF

Ready to undertake any further missions if...: IAF

Rediff.com13 May 2025

The Indian Air Force on Monday said all its military bases and systems continue to remain fully operational, and ready to undertake any further missions if the need arises.

Bharti Airtel profit tanks 31% on Nigerian Naira woes

Bharti Airtel profit tanks 31% on Nigerian Naira woes

Rediff.com14 May 2024

Telecom operator Bharti Airtel on Tuesday posted a 31 per cent drop in consolidated profit to Rs 2,072 crore in the March quarter mainly due to devaluation of the Nigerian Naira. The company had registered a profit of Rs 3,005.6 crore in the year-ago period. The consolidated revenue of operations increased 4.4 per cent to Rs 37,599.1 crore during the quarter under review from Rs 36,009 crore a year earlier.

Tata Sons may have to bail out Tata Tele

Tata Sons may have to bail out Tata Tele

Rediff.com22 May 2025

Tata Sons Ltd, the holding company of the $150 billion Tata group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). This is because TTSL has to pay Rs 19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026.

Mcap club: Tata group remains No 1; Murugappa, JSW in top 10

Mcap club: Tata group remains No 1; Murugappa, JSW in top 10

Rediff.com15 Jan 2024

Tata Group remained India's largest business conglomerate in market capitalisation in calendar year 2023 while the Mukesh Ambani camp raced ahead of the Adani businesses to become the second-largest. The Tata companies ended 2023 with a combined group market capitalisation of Rs 28.68 trillion, up 35 per cent from the Rs 21.2 trillion at the end of December 2022. Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago.

Tears of joy as Shubhanshu's parents watch him create history

Tears of joy as Shubhanshu's parents watch him create history

Rediff.com25 Jun 2025

The celebrations are set to continue through the day. CMS also arranged a live AXIOM mission broadcast, a replica of the ISS Cupola module, a "Defy Gravity" photo booth, telescope viewings, and a simulated Mission Control Centre.

Can Airtel convert AGR dues into govt equity?

Can Airtel convert AGR dues into govt equity?

Rediff.com15 May 2025

Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.

Bharti Telecom to buy 3.33% Airtel stake from Singtel

Bharti Telecom to buy 3.33% Airtel stake from Singtel

Rediff.com25 Aug 2022

Bharti Airtel promoter Bharti Telecom will buy a 3.33 per cent Airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days' time, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal's family and Singtel are co-investors in Bharti Telecom (BTL). Singtel in a statement said that after the transaction, Singtel Group is expected to own an effective stake of 29.7 per cent in Bharti Airtel, which is estimated to be worth SGD 22 billion (about Rs 1.26 lakh crore).

Auto industry seeks govt's help for rare earth import from China

Auto industry seeks govt's help for rare earth import from China

Rediff.com8 Jun 2025

The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through their local vendors in China.

'India definitely downed a few Pakistani planes'

'India definitely downed a few Pakistani planes'

Rediff.com12 May 2025

The Indian military also acknowledged suffering some losses but declined to provide the details as the operations are going on.

Air India crash: Indian diaspora in UK helps in fundraisers

Air India crash: Indian diaspora in UK helps in fundraisers

Rediff.com14 Jun 2025

The Indian diaspora in London has been rallying around to coordinate fundraisers to support the UK-based family members of the Ahmedabad plane crash victims, including urgent assistance for two orphaned children.

The strategist at Bharti

The strategist at Bharti

Rediff.com12 Apr 2004

Price hike, capex moderation key for further gains in Bharti Airtel stock

Price hike, capex moderation key for further gains in Bharti Airtel stock

Rediff.com18 Jun 2024

From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.

Factors that will guide the marlets this week

Factors that will guide the marlets this week

Rediff.com11 May 2025

The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.

Bharti raises stake in Airtel to 50%

Bharti raises stake in Airtel to 50%

Rediff.com19 Jul 2007

With this, the Bharti group companies had enhanced their voting interest in Bharti Airtel to over 50 per cent, the company said in a statement.

How Bharti Walmart runs its business

How Bharti Walmart runs its business

Rediff.com10 Nov 2009

The Bharti Group, promoted by the Mittal family, had searched high and low for a foreign partner when it wanted to start its cash

Bharti-Wal-Mart launch to be low key: Mittal

Bharti-Wal-Mart launch to be low key: Mittal

Rediff.com17 Sep 2007

Bharti Group's retail venture in partnership with the world's biggest retailer Wal-Mart is going to be a low-key affair with its launch planned in phases over a period of time.

Bharti may softlaunch DTH service in Oct

Bharti may softlaunch DTH service in Oct

Rediff.com29 Sep 2008

The company, according to industry sources, is hoping to get an FIPB approval before that. Market sources said the sales team has sounded out October 8 as the launch date. Government had earlier asked Bharti group to seek a separate FIPB approval within three months for its upcoming DTH services.

Bharti eyes listing in US market

Bharti eyes listing in US market

Rediff.com18 Feb 2005

Sunil Bharti Mittal promoted Bharti group is planning to list in the US market to access capital and expand visibility overseas.

Bharti enters mobile handset business

Bharti enters mobile handset business

Rediff.com20 Sep 2010

In what could give jitters to players like Nokia, Samsung and other such stables, Bharti on Sunday announced its entry into the fast-growing mobile handset business.

Walmart's JV with Bharti hinges on policy clarity

Walmart's JV with Bharti hinges on policy clarity

Rediff.com28 Sep 2012

Walmart's JV with Bharti hinges on policy clarity

Bharti to invest Rs 3,700 cr more into OneWeb

Bharti to invest Rs 3,700 cr more into OneWeb

Rediff.com29 Jun 2021

Bharti will invest an additional $500 million (over Rs 3,700 crore) into OneWeb, to become the largest shareholder in the satellite communications company that billionaire Sunil Mittal-run Bharti Group along with the UK government had rescued from bankruptcy last year. The investment is a result of exercise of a 'call option' by Bharti. On completion of the transaction and with Eutelsat's $550 million investment, Bharti will hold 38.6 per cent. The UK government, Eutelsat and SoftBank will each own 19.3 per cent, OneWeb said in a statement.

Bharti denies forming cartel

Bharti denies forming cartel

Rediff.com7 Apr 2008

Telecom major Bharti Group Chairman and Managing Director Sunil Bharti Mittal denied any attempt on forming a cartel with other telecom players to distort competition. Bharti Airtel had received a 'notice of enquiry' by anti- monopoly watchdog MRTPC. Vodafone Essar and Idea Cellular too had received such notices. It was alleged that 3 GSM operators, by colluding, have simultaneously increased the price. Mittal said that MVNOs will not work in India due to existing tariffs.

Bharti begins exercise to conform to US's SOX

Bharti begins exercise to conform to US's SOX

Rediff.com15 Jun 2007

Confirming the SOX compliance exercise, a senior Bharti group executive, however, denied that the company was considering a foreign listing.

'No Intention Of A Takeover in British Telecom'

'No Intention Of A Takeover in British Telecom'

Rediff.com22 Aug 2024

'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'

Bharti retail: Wal-Mart to offer tech support

Bharti retail: Wal-Mart to offer tech support

Rediff.com11 Sep 2007

US retail giant Wal-Mart, which has signed a joint venture with the Bharti Group for wholesale cash and carry business, will restrict itself to technical support and training in Sunil Mittal firm's foray into retail.

Why India Needs Trump's Tariffs To Reform Again

Why India Needs Trump's Tariffs To Reform Again

Rediff.com10 Apr 2025

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.

India's next big business op: Hub for undersea cables?

India's next big business op: Hub for undersea cables?

Rediff.com2 Apr 2025

While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.