Índia bloqueia o Telegram em resposta a redes de fraude que enganaram candidatos para o exame NEET 2026. A medida visa combater vazamentos de provas e proteger a integridade do processo seletivo.
Bharti Airtel shareholders overwhelmingly approved a cashless share swap to increase its stake in Airtel Africa Plc to approximately 79%. The move is seen as boosting confidence in Airtel Africa as a key growth platform and simplifying the group's structure.
Bharti Airtel has renamed its 'Priority postpaid plan' to 'Postpaid Fast Lane' to address regulatory concerns. The company will continue to offer enhanced network services to postpaid users with 5G-capable devices, stating the plan has been well-received.
Six of India's top-10 most valued companies saw their market valuation surge by Rs 74,111.57 crore last week. Reliance Industries led the gains, adding over Rs 24,000 crore, while Bharti Airtel and Hindustan Unilever were among the laggards.
Bharti Airtel plans to increase its stake in Airtel Africa to 79% via a $2.9 billion share-swap deal. Africa is a key growth market, contributing over a quarter of its revenue. The company also seeks greater economic exposure to BT Group.
Bharti Airtel seeks shareholder approval to increase its stake in Airtel Africa to 79% and its stake in BT to just under 30%. The move aims for greater economic exposure and capitalizes on outperforming overseas markets.
Jefferies raised Bharti Airtel's target price to Rs 2,350, citing strong Q4FY26 results. JP Morgan upgraded Cipla to overweight with a Rs 1,550 target, driven by US launch visibility. Morgan Stanley maintained an underweight rating on Dixon Technologies. HDFC Securities upgraded Hyundai Motor India to add, and Nomura has a buy rating on Crompton Greaves Consumer Electricals.
The market capitalization of nine of India's top 10 most valued firms fell by Rs 3.12 lakh crore last week, with Reliance Industries experiencing the largest drop. Broader market indices also declined amid geopolitical tensions and rising inflation.
Bharti Airtel expresses dissatisfaction with sluggish ARPU growth, attributing it to India's 'broken' pricing architecture. The company plans to boost ARPU by promoting post-paid plans, encouraging data upgrades, investing in fibre broadband, and exploring new growth areas like data centres and financial services.
Bharti Airtel plans to build 56 edge data centers in the next 18-24 months to scale up its data center business, alongside investments in fiber optic networks and non-banking financial services, aiming to increase its market share beyond the current 10-12%.
Bharti Airtel's board approves Sunil Bharti Mittal's re-appointment as Chairman for 5 years from Oct 2026 and Nisaba Godrej's re-appointment as Independent Director for 5 years from Aug 2026, both subject to shareholder approval.
Bharti Airtel's Q4 FY26 net profit declined 34% YoY to Rs 7,325 crore, while revenue grew 16% YoY to Rs 55,383 crore, driven by strong performance in India and Africa. India revenue grew 8% YoY, and Africa delivered 1.1% QoQ constant currency growth.
Indian markets concluded the week on a positive note, with the combined market value of the top ten companies surging by over Rs 1.87 lakh crore. Bharti Airtel emerged as the leading gainer, adding Rs 58,831 crore to its valuation. This uptrend was supported by easing geopolitical tensions and a positive risk sentiment.
Grasim Industries, Bharti Airtel, Nestle India, Maruti Suzuki and HCL Technologies were the biggest Nifty gainers, while losers included Sun Pharma, BPCL, Reliance Industries, MM and Hindalco Industries
