Bharti Airtel gets approvals for 100% FDI in subsidiaries

Top Stories

»	Nifty likely to touch 29,000 in 2026 driven by consumption recovery, RBI support
»	US trade representative Rick Switzer meets FS Vikram Misri, discusses economic and trade ties
»	India’s exports at all-time high despite global uncertainties
»	India, EU seek to expedite conclusion of FTA, deepen trade ties
»	India records highest-ever exports in H1 FY26

SME Times News Bureau | 12 Jan, 2021
Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its downstream companies.

In a regulatory filing, the company said that it is initiating the process to revise its foreign investment limit, as notified to its depositories, to 100 per cent with immediate effect.

"Further to our intimation dated January 21, 2020, we wish to inform you that in compliance of the FDi approval dated January 20, 2020 granted to the Company by the Department of Telecommunications, the company has received approvals for its relevant downstream investments," it said.

Shares of Bharti Airtel on the BSE closed at Rs 565.75 per share on Tuesday, higher by Rs 18.65, or 3.41 per cent, from its previous close.