Question
Recently the telecom firm Bharti Airtel allotted 1.2%
equity shares to which company for USD 1 Billion?Solution
Telecom operator Bharti Airtel has allotted over 7.1 crore equity shares to internet major Google for Rs 734 a piece. The allotment is part of Google’s commitment to invest USD 1 billion with Airtel, which included equity investment in the company worth USD 700 million, about Rs 5,224 crore. Google now holds a 1.2% stake in India’s 2 telecom service providers. The investment follows Google’s USD 4.5 billion investment in Reliance Jio in July 2020 for India Digitization Fund.
Immediate Payment Service is an instant payment inter-bank electronic funds transfer system in India. Mark the correct option/s for IMPS.
...Which of the following regarding bitcoin is False
Who was the founder of Madras?
Which city hosted the 5th ASEAN-India Trade in Goods Agreement (AITIGA) joint committee meeting?
Increased competition by bringing more private sector banks and foreign banks, reduced the share of Public Sector Banks in total loans.
‘Wangala,’ the festival of 100 drums, is celebrated in which Indian state?
Which state is known as the “Apple State of India”?
Which initiative by IRDAI aims to bring UPI-like transformation to the insurance sector?
Which of the following is NOT a folk dance belonging to the union territory of Jammu and Kashmir?
Palamau Tiger reserves is situated in which state?
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