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Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt

2020-05-27 06:23:00| Telecompaper Headlines

(Telecompaper) Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said. 

Tags: fully debt telecom sells

 

Kansas City district will repay Missouri for aid generated by fake data

2019-12-04 18:56:00| American School & University

Kansas City will pay the state $192,730 after the district falsely inflated attendance data from 2013 to 2016.

Tags: data city generated district

 
 

District tells 2 Savannah, Ga., charter schools to repay $982,000

2019-06-10 18:16:00| American School & University

The Savannah-Chatham County board says enrollment drops in 2018-19 at the 2 charter schools resulted in too much funding allocated.

Tags: district schools tells charter

 

DWP forces carer to sell home or face jail to repay benefits

2018-12-05 13:03:33| BBC News | Business | UK Edition

George Henderson was wrongly paid a carer's allowance and may be jailed if he doesn't sell his house.

Tags: home sell face benefits

 

Nottingham Sports Direct modern slavery brothers ordered to repay 167k

2018-01-22 10:50:37| BBC News | Business | UK Edition

The brothers trafficked 18 Polish men to work at a warehouse and kept most of their wages.

Tags: sports direct modern brothers

 

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