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Bharti Airtel to sell 5% stake to Qatar Foundation

2013-05-03 09:23:00| Telecompaper Headlines

(Telecompaper) Indian mobile operator Bharti Airtel will sell a 5 percent stake for USD 1.26 billion to the Qatar Foundation Endowment, Bloomberg reported. Bharti said it will issue 199.9 million new shares at INR 340 each, or 7.3 percent more than the closing price on 2 May the day before the announcement. Bharti raised USD 1.5 billion in March to help fund USD 2.3 billion of capex in the quarter.

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Qatar Foundation buys Bharti stake

2013-05-03 07:49:35| BBC News | Business | UK Edition

India's largest mobile phone operator, Bharti Airtel, agrees to sell a 5% stake to Qatar Foundation Endowment as it looks to strengthen its finances.

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Bharti says Qatar Foundation to invest $1.26bn for 5% stake

2013-05-03 02:00:00| Total Telecom industry news

India-based telco says investment will provide it with further financial flexibility.

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Qatar Petroleum and partners sign Joint Venture Agreement for the Laffan Refinery 2 Project

2013-04-28 00:47:06| Grocery - Topix.net

Qatar Petroleum signed a Joint Venture Agreement with Total, Idemitsu, Cosmo, Marubeni and Mitsui for the new Laffan Refinery 2 Project.

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Charter for Qatar World Cup workers

2013-04-24 17:56:49| BBC News | Business | UK Edition

The committee responsible for overseeing Qatar's 2022 World Cup says a new "workers' charter" will ensure worker welfare standards in the Gulf state.

Tags: world cup workers charter

 

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