Bharti Airtel has entered into a Share Purchase Agreement with iBus Network and Infrastructure for transfer of Company's entire stake (i.e. 50%) in Firefly Networks (Firefly). The said transfer is subject to completion of closing conditions. Upon transfer of aforesaid stake, Firefly would cease to be a Joint Venture of the Company. Powered by Capital Market - Live

As millions of pilgrims and devotees gather in Prayagraj for the Maha Kumbh, Airtel has taken several measures to ensure seamless connectivity for its customers. Airtel has installed 287 new sites, optimized over 340 existing sites and has laid an additional 74 kilometers of fiber in the city to enhance mobile coverage. Within the Kumbh mela premise, that spans several kilometers, the company has deployed 78 active cell on wheels (COW). These measures will ensure seamless connectivity not only within the mela premise but also cover highways, railway stations, airport, hotels and high footfall areas across the Prayagraj city. To ensure a quick response for any emergency, Airtel has established 3 war rooms in Jhusi, Arail and Sangam areas. A dedicated disaster management team has been constituted that is equipped with essential resources including extra generators, diesel, and critical equipment, to ensure rapid response in case of any network exigencies. Additionally, In partnership with the Prayagraj Traffic Police, Airtel has also set up over 780 kiosks at the venue's entry and exit points to effectively manage the large crowds and assist devotees. These kiosks will display essential safety instructions to ensure smooth navigation for the millions attending.Powered by Capital Market - Live

Bharti Airtel has allotted 4,61,527 equity shares of Rs 5 each at a conversion price of Rs 515 pursuant to conversion of FCCBs. With this allotment, the paid up equity share capital has increased to Rs 28,971,832,317.50 divided into 5,696,294,548 fully paid-up equity shares of Rs 5/- each and 392,287,662 partly paid-up equity shares of Rs 5/- each (paid-up value INR 1.25/- each); and the outstanding principal value of FCCBs, as listed at Singapore Exchange, stands reduced to USD 41.748 million.Powered by Capital Market - Live

Bharti Airtel has entered into an agreement for acquisition of 3,78,90,005 (26%) equity shares in AMP Energy Green Three, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.Powered by Capital Market - Live

Bharti Airtel has entered into a partnership with Zee5, India's leading OTT platform to offer exciting digital content to its WiFi customers. All customers on plans starting at Rs. 699 or higher will have Zee5 included as part of their Airtel WiFi plan at no additional cost. Following this partnership, Zee5's exclusive content, that includes original shows, chartbuster titles, OTT movies and series across multiple languages will now be available on Airtel WiFi for viewers, giving them access to an exhaustive catalogue of digital content. From popular titles like Sam Bahadur, RRR, Sirf Ek Bandaa Kaafi Hai, Manorathangal, Vikkatakavi, The Chronicles of Amaragiri, AindhamVedham, Gyaarah Gyaarah amongst many others, Airtel WiFi customers can now enjoy a vast repository of 1.5 lakh+ hours of content. Powered by Capital Market - Live

Bharti Airtel has prepaid Rs. 3,626 crore to the Department of Telecom (Government of India) clearing all its liabilities for spectrum it had acquired in 2016. With this, Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65%. Airtel has prepaid a total of Rs 28,320 crore of spectrum liabilities in this calendar year. Powered by Capital Market - Live

The company has deployed 15 mobile towers in this area, which will benefit the local population and also offer essential communication connections for soldiers stationed along the LoC to improve operational coordination. Under the PM Vibrant Village Programme, villages like Kachhal, Balbir, Razdan Pass, Taya Top, Ustad, Kathi, and Cheema are now connected to the rest of the country. Airtel is the only private telecom operator offering services in these regions. Airtel has partnered with the Indian Army to enhance network services in remote military areas. The company has successfully established connectivity in strategic locations like the Galwan River region and Daulat Beg Oldie (BDO), India's northernmost military outpost. Bharti Airtel is a global communications solutions provider with over 550 million customers in 15 countries across South Asia and Africa. The telecom major reported a consolidated net profit of Rs 3,593.2 crore in Q2 FY25, steeply higher than Rs 1,340.7 crore posted in Q2 FY24. Revenue from operations increased 11.95% YoY to Rs 41,473.3 crore in Q2 FY25. Shares of Bharti Airtel shed 0.85% to Rs 1,601.50 on the BSE. Powered by Capital Market - Live

The key equity indices traded in positive terrain with moderate gains in afternoon trade. The Nifty traded above the 24,600 level after hitting the day's low of 24,180.80 in mid-morning trade. Realty, metal and PSU bank shares tumbled while FMCG, IT and consumer durable shares advanced. At 13:25 IST, the barometer index, the S&P BSE Sensex, advanced 370.21 points or 0.45% to 81,665.40. The Nifty 50 index gained 65.50 points or 0.27% to 24,614.20. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.49% and the S&P BSE Small-Cap index lost 0.65%. Sellers outnumbered buyers. On the BSE, 1,498 shares rose and 2,421 shares fell. A total of 124 shares were unchanged. Gainers & Losers: Bharti Airtel (up 3.76%), Ultratech Cement (up 1.67%), HCL Technologies (up 1.67%), ITC (up 1.51%) and Grasim Industries (up 1.07%) were major Nifty gainers. Shriram Finance (down 2.92%), Tata Steel (down 1.91%), JSW Steel (down 1.35%), IndusInd Bank (down 1.27%) and Axis Bank (down 0.97%) were the major Nifty losers. Stocks in Spotlight: Ashok Leyland rose 0.17%. The company has announced that it has received an order worth Rs 345.58 crore from the Tamil Nadu State Transport Corporation (TNSTC) for the supply of 1,475 BSVI Diesel Fuel Type Passenger Bus Chassis. CRISIL advanced 3.59% after the company's board approved the acquisition of 4.08% stake in Online PSB Loans (OPL) for Rs 33.25 crore on a fully diluted basis. Tata Motors fell 0.15%. The company announced a price increase of up to 2% across its trucks and buses portfolio, effective January 1, 2025, to offset the rise in input costs. Hindustan Aeronautics (HAL) rose 0.51%. The company informed that it has signed a contract with the Ministry of Defence worth Rs 13,500 crore for the procurement of 12 Su-30 MKI aircraft along with associated equipment. Ambuja Cements shed 0.31%. The company informed that it has successfully commissioned and started power transmission from its 200 MW solar power project in Khavda, Rajasthan. Bajel Projects rallied 14.18% after the company has been awarded a supply of goods and services contract from Solapur Transmission for establishment of substation in Solapur, Maharashtra. The contract includes EPC work of design, engineering, manufacturing, supply, erection, civil work, testing & commissioning work for establishment of 400/220 KV Solapur pooling station (New) & establishment of 400 KV Line Bays‐ 2 nos.(Power Grid Solapur). Global Market: Most of the European market declined as investors digested the European Central Bank's latest rate cut decision. The Swiss National Bank also slashed interest rates by a larger than anticipated 50 basis points, while Denmark's central bank announced a 25 basis point reduction and Central bank watchers are now turning their attention to next week and rate decisions from the U.S. Federal Reserve and the Bank of England Asian equities traded mixed on Friday, with investors taking a cautious stance ahead of the Federal Reserve's upcoming policy meeting next week. China's top leaders have announced plans for further stimulus measures to bolster the country's economy. This decision, made during the annual meeting of the Chinese Communist Party and the cabinet, involves increasing the budget deficit, borrowing more, and lowering interest rates. This aggressive approach is a departure from previous years of weaker growth and declining consumer demand. The government aims to maintain economic growth and stability in employment and prices for the upcoming year. US stocks closed lower on Thursday as Treasury yields climbed following a hotter-than-expected inflation report. The Dow Jones Industrial Average fell 0.53%, the S&P 500 index lost 0.54%, and the NASDAQ Composite index declined 0.65%. While US consumer price index data released on Wednesday was largely in line with expectations, producer prices rose more than anticipated in November, increasing 0.4% last month, ahead of the expected 0.2% gain. In the 12 months through November, the PPI shot up 3.0% after increasing 2.6% in October. This suggests underlying inflationary pressures may persist. Adobe Systems Incorporated stock plummeted over 14% after the software giant issued a disappointing annual sales outlook. The company's recent efforts to incorporate artificial intelligence into its offerings appear to be taking longer than expected to generate significant returns.Powered by Capital Market - Live

Global Health Ltd, Torrent Power Ltd, Hindustan Aeronautics Ltd, BASF India Ltd are among the other stocks to see a surge in volumes on BSE today, 13 December 2024.Bharti Airtel Ltd clocked volume of 23.67 lakh shares by 10:46 IST on BSE, a 11.58 times surge over two-week average daily volume of 2.04 lakh shares. The stock gained 1.28% to Rs.1,631.95. Volumes stood at 1.17 lakh shares in the last session.Global Health Ltd witnessed volume of 1.02 lakh shares by 10:46 IST on BSE, a 5.21 times surge over two-week average daily volume of 19633 shares. The stock dropped 1.29% to Rs.1,096.10. Volumes stood at 20086 shares in the last session.Torrent Power Ltd clocked volume of 1.85 lakh shares by 10:46 IST on BSE, a 4.87 times surge over two-week average daily volume of 38049 shares. The stock lost 1.23% to Rs.1,671.15. Volumes stood at 48284 shares in the last session.Hindustan Aeronautics Ltd saw volume of 96963 shares by 10:46 IST on BSE, a 2.02 fold spurt over two-week average daily volume of 47951 shares. The stock increased 0.24% to Rs.4,672.30. Volumes stood at 42666 shares in the last session.BASF India Ltd notched up volume of 5476 shares by 10:46 IST on BSE, a 1.95 fold spurt over two-week average daily volume of 2804 shares. The stock rose 1.23% to Rs.5,718.40. Volumes stood at 1510 shares in the last session.Powered by Capital Market - Live

Bharti Airtel has flagged a staggering 8 billion spam calls and 0.8 billion spam SMSes within two and a half months of launching its AI-powered, spam-fighting solution. Leveraging this advanced algorithm, the AI-powered network has successfully identified close to 1 million spammers every day. The Company, in the last 2.5 months, has alerted close to 252 million unique customers to these suspicious calls and has observed that there has been a 12% decline in the number of customers answering them. Six per cent of all calls on the Airtel network have been identified as spam calls, while 2% of all SMSes have also been identified as spam. Interestingly, it has been observed that a staggering 35% of the spammers have used landline telephones. Additionally, customers in Delhi have received the maximum number of spam calls, followed by customers in Andhra Pradesh and Western Uttar Pradesh. Delhi is also where a maximum number of the spam calls have originated, followed by Mumbai and Karnataka. In terms of SMSes, the maximum number have originated in Gujarat followed by Kolkata and Uttar Pradesh and the maximum number of customers targeted have been from Mumbai, Chennai and Gujarat. As per the trends, 76% of all spam calls have been targeted at male customers. Additionally, distinct differences have been noted in terms of spam call frequency across age demographics. Customers in the age bracket of 36-60 have received 48% of all spam calls, while those in the 26-35 age bracket have been the second-most targeted, accounting for 26% of spam calls. Approximately only 8% of the spam calls have landed in the handsets of senior citizens.  The company's findings have also shed light on the hourly distribution of spam activity. Spam calls commence from 9 am onwards and gradually escalate in volume as the day progresses. The peak of spam activity is observed between noon and 3 pm, during which the highest concentration of spam calls occur. Moreover, there is a notable disparity in the frequency of spam calls between weekdays and weekends. The volume of these calls diminishes by around 40% on Sundays. Specifically, devices in the price range of 15,000 to 20,000 rupees are the recipients of approximately 22% of all spam calls.  By meticulously examining a multitude of parameters, the AI-driven system has been able to identify these unwanted intrusions in real-time with remarkable accuracy. This groundbreaking initiative has firmly established Airtel as the first service provider in India to offer a comprehensive solution to the growing menace of spam, setting new industry standards for inclusive security measures that prioritise the privacy and convenience of its vast customer base.  Powered by Capital Market - Live