Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Bharti Airtel

Jio IPO ends with over 22X oversubscription; QIB portion booked 70 times. Check GMP, other details

Jio Platforms’ Rs 30,213 crore IPO closed with 22.19 times subscription, attracting bids for 428 crore shares. Qualified institutional buyers led demand, subscribing their portion 70 times, while retail investors booked 2.72 times. The IPO’s grey market premium stood at around 21%, ahead of its scheduled October 28 listing.

The Economic Times · 10h ago

Jio IPO closes today: Will it deliver a double-digit listing gain or become a long-term compounder?

Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offering to date. With an overwhelming interest from investors, substantial gains are forecasted when the shares list. Analysts from various brokerages endorse participation, highlighting Jio's robust leadership in the digital market, with growth…

The Economic Times · 11h ago

Record galore! Jio IPO claims crown for highest QIB demand among India’s 5 largest issues, edges past NSE

Jio Platforms’ Rs 30,213-crore IPO attracted 12.87 times QIB subscription, surpassing NSE’s institutional demand. Overall subscription reached 5.36 times by Day 2, with a strong grey market premium and positive brokerage recommendations.

The Economic Times · Oct 22

From analysis to the latest developments in health,
read the most diverse news in one place.

RIL stock: Jio's listing could unlock value, but will it drive a re-rating?

The anticipated IPO of Jio Platforms is likely to reshape valuation assessments for both Reliance Industries and Bharti Airtel. With Jio's market debut, Reliance may witness a decrease in its holding-company discount. Meanwhile, Airtel stands to gain from rising telecom tariffs, boosting average revenue per user and overall profitability. The…

The Economic Times · Oct 22

Jio IPO: Subscribe on day 2? What investors need to know

Jio Platforms’ Rs 30,230-crore IPO received bids worth Rs 95,500 crore on Day 1, with total demand, including anchor investors, reaching Rs 3.45 lakh crore. As the issue enters its second day, brokerages weigh in on its growth prospects, valuation and whether investors should apply now or wait.

The Economic Times · Oct 22

Jio IPO Day 2: Issue subscribed over 5X; GMP at 22%. Check brokerage views and key details

Jio Platforms' Rs 30,213 crore IPO was subscribed 5.23 times by the end of Day 2, led by strong institutional demand, while the retail portion was subscribed 1.49 times. The issue has a grey market premium of around 22%, as brokerages highlight Jio's telecom leadership and digital growth opportunities.

The Economic Times · Oct 22

'Can't tell you whether to apply for Jio IPO': Nitin Kamath on Jio's rise, Zerodha's growth & what changed India's stock market

Zerodha co-founder Nitin Kamath has credited Reliance Jio and Bharti Airtel for helping transform India’s digital economy and expand participation in the stock market. As Jio Platforms’ $3.2 billion IPO draws investor interest, Kamath said affordable mobile data, Aadhaar and UPI helped create the digital infrastructure that enabled businesses such…

The Economic Times · Oct 21

Read news from The Economist, FT, and more,
with one subscription

Jio IPO Day 1: Issue subscribed 3 times on strong QIB push; retail portion booked 68%. Check GMP

Jio Platforms’ IPO saw strong demand on Day 1, getting booked 3 times overall. The IPO commanded a grey market premium (GMP) of around 23%, while brokerages remained optimistic, citing Jio’s telecom leadership, improving profitability and growth opportunities in broadband and artificial intelligence (AI).

The Economic Times · Oct 21

Why is market rising today? Sensex jumps 800 points, Nifty above 23,050. 5 key factors behind D-Street rebound

The Sensex and Nifty rallied nearly 1% as strong Q2 earnings, gains in IT stocks, rupee appreciation and attractive largecap valuations lifted sentiment. However, elevated crude oil prices and rising bond yields remain key risks. Analysts expect market movements to remain stock-specific and driven by corporate earnings.

The Economic Times · Oct 21

Jio IPO opens with 22% GMP: Check brokerage views, allotment chances and other details

The Rs 30,213 crore IPO, priced between Rs 1,065 and Rs 1,119 per share, will remain open until October 23. At the upper end of the price band, Jio Platforms is seeking a valuation of Rs 10.3 lakh crore, making it one of India's most valuable companies.

The Economic Times · Oct 21

Jio IPO vs Airtel shares: Which telecom giant offers greater valuation comfort to investors?

The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as planned, it will become India’s largest-ever initial public offering (IPO), surpassing Hyundai Motor India’s record set in 2024.

The Economic Times · Oct 20

Bharti Airtel launches voice-only prepaid plans starting at Rs 185 after TRAI's mandate

Bharti Airtel is the first telecom company to introduce voice-and-SMS-only prepaid plans without mobile data. These new offerings align with the Telecom Regulatory Authority of India's recent regulations aimed at reducing tariffs. The plans, priced at Rs 185, Rs 203, and Rs 206, provide unlimited calls and SMS with varying…

The Economic Times · Oct 18

Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shines

Nine of the top ten most valued firms saw a substantial increase in market valuation last week. The BSE Sensex surged over two thousand points while the Nifty experienced significant growth. TCS, Bharti Airtel, and Infosys led the gains alongside other major firms like Reliance Industries and HDFC Bank. In…

The Economic Times · Oct 18

Jio’s $3.2 billion IPO tests Ambani appeal with young Indians

Reliance Industries Ltd. is gearing up to introduce Jio Platforms Ltd., anticipated to be the largest IPO in India. Slated for October 21, 2023, the IPO aims to attract around $3.2 billion. With shifting investor perspectives, particularly among the younger demographic who favor immediate profits over long-term investments, Jio's valuation…

The Economic Times · Oct 17

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times · Oct 16

Vodafone Idea appoints ex-Ola Electric executive Manoj Murali as COO

Vodafone Idea Ltd has appointed Manoj Murali as its new Chief Operating Officer, effective October 19. Manoj Murali brings over 25 years of experience in the telecom sector, having worked with companies like Reliance Jio and Bharti Airtel. He was most recently the Chief Business Officer at Ola Electric and…

The Economic Times · Oct 15

Jio IPO fever grips telecom stocks: Airtel, Vodafone Idea & others rise up to 4%

Telecom stocks rose sharply on as investors focused on Jio Platforms’ upcoming IPO and its implications for sector valuations. Nomura estimates Jio’s equity value at Rs 9.8 lakh crore to Rs 10.3 lakh crore, while its analysis suggests Bharti Airtel trades at a discount despite stronger subscriber trends and tariff-hike…

The Economic Times · Oct 15

Reliance Jio IPO at Rs 10 lakh crore valuation: What analysts see in the price band

Reliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With a massive valuation of around Rs 10.3 lakh crore, this IPO stands as the largest in Indian history. While analysts believe the valuation is reasonable, they warn that anticipated growth may…

The Economic Times · Oct 14

‘We’ll be very happy to get it at least a few days before him’: Sunil Bharti Mittal on Musk’s Starlink satellite internet approval in India

Sunil Bharti Mittal stated that he applied for satellite service approvals in India five years ago. His ground network has been ready for the last three years, waiting for final approvals. Mittal highlighted the importance of regulatory clearances for expanding connectivity beyond traditional mobile networks. Bharti Airtel is also investing…

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times · Oct 14

Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue

Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore,…

The Economic Times · Oct 14

A Jigsaw Puzzle: Why Reliance Jio's IPO buzz isn’t saving RIL stock from a painful year?

Reliance Industries is gearing up for the highly anticipated Jio Platforms IPO, which is expected to generate significant capital. Despite this, recent declines in RIL shares reveal a cautious mood among investors about potential future gains. Analysts note that although the IPO could establish Jio's market valuation, immediate advantages for…

The Economic Times · Oct 13

Jio IPO may trigger Reliance’s next big re-rating. Why Religare sees 47% upside

Reliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digital business. Religare has a target price of Rs 1,696 on the stock, implying 46.7% upside from its current market price.

The Economic Times · Oct 13

Reliance Jio IPO: GMP already seeing 'Ambani premium' ahead of record issue launch

Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to…

The Economic Times · Oct 12

Jio IPO may be valued at Rs 11 lakh crore: What it means for RIL, Bharti Airtel and telecom stocks

Jio Platforms’ proposed Rs 30,000 crore IPO could become India’s biggest-ever share sale, valuing Mukesh Ambani’s digital business at up to Rs 11 lakh crore. With global and domestic investors showing interest, the listing will test Jio’s valuation against Bharti Airtel, potentially reshape telecom sector dynamics and offer investors a…

The Economic Times · Oct 11

Airtel Business CEO backs AI regulation, says guardrails can unlock productivity gains

Sharat Sinha highlighted the ongoing evolution of AI architecture and methodologies for safe deployment. The government's upcoming consultation paper on AI regulations aims to address issues like safety and deepfakes. Airtel is committed to compliant practices that enhance productivity through AI. Sinha emphasized the growth of cybersecurity services in response…

The Economic Times · Oct 10

Sunil Bharti Mittal is prowling for big kill on his African safari

Airtel Money’s London listing has put a roughly $7 billion valuation on Sunil Bharti Mittal’s African fintech bet, highlighting how far the business has moved beyond basic mobile wallets. With more than 54 million customers and growing revenues, the next challenge is to deepen usage across payments, remittances, credit, savings…

1 2 3 4 5

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations