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Zain okays Bharti bid

Posted on: March 25th 2010 in Market News.

Telecom major to gain 42 million subscribers, will become world’s seventh largest player Kuwait-based Zain Telecom’s board cleared Bharti Airtel’s proposal to buy its African assets for $10.7 billion (around Rs 48,600 crore), marking the Indian company’s first successful attempt …

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Whats next in Bharti, Invest or not?

Posted on: October 12th 2009 in Stock Views.

Bharti Airtel is one stock that has been hammered by alomst 30% in the past week. Bharti Airtel. Telecom sector is a matured sector and its no longer a Industry that going to bounce up soon, it depends upon the subscriber count they add up in the coming months or so.Read More..

Stocks in news: Bharti, ICICI Bank, Glenmark, Biocon

Posted on: October 1st 2009 in Market News.

Bharti-MTN Deal terminated Bharti says Have decided to disengage from exclusive talks with MTN South African govt unable to accept deal structure in current form Hope South African govt will review position on MTN in future To continue to explore international opportunities May re-e…

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Bharti-MTN deal termination: How will the stock react?

Posted on: October 1st 2009 in Market News.

The much-anticipated deal between India’s Bharti and South Africa’s MTN has botched yet again. On the news of termination, MTN shares fell 3% from the day’s high, to close down 1%. Rand fell over 2% versus dollar. The company has requested the SA exchanges to suspend tradin…

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Sensex stages a V-Shaped recovery

Posted on: June 4th 2009 in Market News.

At 12:23pm (IST), Sensex was down 124 points at 14,746 and Nifty was down 38 points at 4,492. Markets continue to remain under pressure however, have managed to stage a V-shaped recovery in the afternoon trades. The recovery is led by the FMCG, Pharma and the PSU stocks. While, the Metal…

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Stocks in news: Bharti, ITC, United Breweries, Rel Power

Posted on: May 27th 2009 in Stock News.

Mint Exclusive: YC Deveshwar says: -ITC to shut down all production lines to introduce pictorial warnings -Shutdown of production lines in a phased manner -We are not ready yet with our new packets Bajaj Auto – Patent Case: -Bajaj Auto appeals at Madras HC to put a stay on judg…

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MTN deal may affect Bharti’s ROC: India Infoline

Posted on: May 25th 2009 in Stock News.

Bharti Airtel has confirmed that it may acquire 49% stake in South Africa-based telecom major MTN. Commenting on the deal, Bhavesh Gandhi of India Infoline said, “I think the deal looks positive for Bharti especially since after maybe 500-600 million subscribers, all the major top thre…

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Buy Bharti Airtel, target of Rs 880: Asit C. Mehta

Posted on: May 15th 2009 in Brokerage Recommendations.

Asit C. Mehta has maintained its buy rating on Bharti Airtel with a price target of Rs 880 in its May 12, 2009 research report. “Bharti Airtel company continues to be a leader with strong earnings visibility in the current challenging environment. In a scenario of tight liquidity, …

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