Question
Recently which global tech firm had bought 1.2% stake in
Bharti Airtel for $700 million?Solution
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.
A certain amount invested at 16% p.a. compound interest, compounded annually, grows to Rs. 6969.6 in 18 months. What wil...
A sum triples itself in 8 years at simple interest. Find the rate of interest per annum is.
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 25% p.a. for 2 years, is Rs. 150. If...
Some amount out of Rs.12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amoun...
If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
The simple interest on a sum of money is 8/25 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ...
- The amount on a certain principal at simple interest is Rs. 6,750 after 2 years and Rs. 9,000 after 5 years. What was the initial sum?
Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 26...
Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the prin...
A sum of money lent at compound interest at the rate of 30% per annum is paid back in three equal annual installments of Rs.4394. Find the sum of money?
