Singtel divested a 1.2% stake in Bharti Airtel for approximately ₹13,180 crore through a private placement, yielding a gain of ₹9,224 crore. The sale, part of Singtel’s capital management, saw strong interest from global and Indian institutional investors. Following the transaction, Singtel’s effective holding in Airtel will decrease to 28.3%.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make