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Bharti Airtel plans to list Airtel Payments Bank

By nihalshaikh9881 | December 29, 2022December 29, 2022 by nihalshaikh9881

Bharti Airtel plans to list Airtel Payments Bank, Telecom giant, Bharti Airtel is planning to list its unit, Airtel Payments Bank, according to a report by Economic Times. The company’s data centre business could also be monetized at some stage, it added. The official, quoted in the report said, “Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, the telco doesn’t need the 700 MHz…

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Here’s why Jefferies removed Zomato and Bharti Airtel

By nihalshaikh9881 | December 21, 2022December 21, 2022 by nihalshaikh9881

Here’s why Jefferies removed Zomato and Bharti Airtel, Brokerage firm Jefferies has removed food-delivery aggregator Zomato from its model portfolio and has also exited its holding in the same. Another stock that has seen an exit from the model portfolio is telecom giant Bharti Airtel Ltd. Instead, the cash raised from Zomato’s exit has been used to increase weightage in metal stocks. Tata Steel and Hindalco have replaced the two excluded names within Jefferies’ model…