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Bharti Airtel approved allotment of 71 million shares to tech major Google at an issue price of Rs 734 per share. Google will hold 1.2% of total post-issue equity shares of the company. In January, Google had said that it will invest $1 billion in Bharti Airtel. Of this, $700 million (Rs 734 per share) will be for picking up 1.28% stake in the countryrsquo;s second-largest telecom service provider, while the rest will be for multi-year plans related to devices and other programmes around digital inclusion. The deal with Bharti and earlier with Jio is part of Googlersquo;s India Digitization Fund through which it has committed to invest $10 billion over 5 to 7 years.
Which of the following is not a right statement for a Drawing Power?
What is the maximum default amount eligible under Pre-Packaged Resolution process?
An independent director can be appointed for a tenure up to ________
Which organization has mandated custodian banks to cap intraday risk at 30% of the settlement amount for IPCs in the T+1 settlement regime?
Long-term solvency is indicated by :
The RBI’s guidelines on the formation of new districts in Madhya Pradesh, issued in January 2024, designated which bank as the Lead Bank for the newl...
The Economic Survey 2023 projects a baseline GDP growth of ________ in real terms in FY24.
Which process is being referred to in the above passage?
_________ is partial or complete disposal by sale, swap, close or bankruptcy of a business entity.
What was the cumulative disbursement by IIFCL by the end of FY2023-24, as per the Annual Report of IIFCL 2023-24?