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Bharti Airtel tumbles as firm decides to raise Rs 10K crore in debt

Bharti Airtel tumbles as firm decides to raise Rs 10K crore in debt

Friday, March 17, 2017, 12:46 PM

Shares of telecom giant Bharti Airtel fell over 1% after its shareholders approved a proposal to raise up to Rs 10,000 crore in debt. The company in a filing to BSE said that its shareholders have also approved the transfer of company's investment in its wholly-owned subsidiary, Bharti Airtel International (Mauritius) to Network i2i, another wholly-owned subsidiary.
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