If it goes ahead, the combination would create the world's biggest exchange by revenue.
India, with m-cap of about $1.6 trillion, is ahead of Switzerland.
The new contracts will be denominated in US dollars and settled in cash.
Airtel said the amount will be used for refinancing its existing loan portfolio.
Shares in English soccer giant Manchester United wavered in volatile trading on the Frankfurt Stock Exchange on Monday, following media reports that the club was set to replace its manager with former Chelsea boss Jose Mourinho.
Mercedes motorsport head Toto Wolff has sold his remaining stake in the Williams Formula One team to US shareholder and healthcare executive Brad Hollinger, both parties said on Wednesday.
ITC, Sun Pharma, Maruti, M&M, Tata Motors, HCL Tech, Wipro, Infosys, HUL, Bharti Airtel and Reliance were among the major losers. Kotak Bank rose the most by 1.59 per cent, followed by IndusInd Bank, Bajaj Finance and Bajaj Finserv. L&T, SBI, TCS and HDFC Bank also closed higher.
The Bombay Stock Exchange, the oldest bourse in Asia, is looking at listing its benchmark 30-share index Sensex on the US-based International Securities Exchange that is owned by Eurex Frankfurt AG.
The Bombay Stock Exchange is in the process of listing Sensex futures on Europe's largest stock exchange by market value, the Frankfurt-based Deutsche Borse AG.
IndusInd Bank was the top laggard in the Sensex pack, tanking over 7 per cent, followed by ICICI Bank, PowerGrid, Axis Bank, SBI and Bharti Airtel. On the other hand, Asian Paints, ITC, Nestle India and Reliance Industries were among the gainers.
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Buoyed by excellent response in December, hopes to raise a total of 1 billion to refinance notes due end-2018.
Investors booked profits in recent gainers
Derivatives exchange DGCX started trading futures for the S&P BSE Sensex
The software could hide the fact that the emission levels of diesel cars were 40 times higher than the level of pollutants allowed in the US.
Among Sensex shares, HDFC Bank fell the most by 2.58 per cent, followed by SBI (2.12 per cent), HDFC (2.09 per cent), and IndusInd Bank (2.02 per cent). Axis Bank, Bajaj Finserv, M&M, L&T, Reliance, Infosys and TCS were among the major losers. In contrast, Tata Motors, Maruti, NTPC, Sun Pharma, Power Grid and Titan were among the gainers.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
Here are 10 photographs that prove that it's a mad, mad, mad, mad world out there!
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Dalal Street is bullish on invest
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Investors remained cautious in the face of the expiry of November series contracts in the derivatives segment, which also dampened sentiment.
HDFC and HUL are the latest entrants in the club
India's financial hub boasts of total wealth worth $820 billion
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
This surpassed its previous record close of 29,974.24, reached on April 5.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Top gainers of the session included Bajaj Auto, Kotak Bank, M&M, Vedanta, IndusInd Bank, Asian Paints, HDFC Bank, Reliance Industries, HUL, HDFC, ITC, Tata Steel and Tata Motors, rallying up to 5 per cent.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Financials are the top gainers along with index heavyweights.
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Some Manchester United fans had previously urged Musk on Twitter to consider buying the club
The NSE Nifty went past the 8,600-mark for the first time since November 1.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.