The telecom operator is selling commercial papers (CPs) with maturities of up to 12 months, the people said. SBI Mutual Fund is said to have agreed to subscribe to more than Rs 1,000 crore of Airtel’s debt and the country’s largest fund house will likely opt for CPs maturing in February next year at 6.53%, they said.
Dr Reddy’s Laboratories board announces 1:5 stock split
Additionally the company has also announced that each American Depositary Share (ADS) will still represent 1 equity share. As a result, the number of ADSs