In January 2020, the Department of Telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to how much per cent from 49 per cent allowed earlier?
In January 2020, the Department of Telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to how much per cent from 49 per cent allowed earlier? Correct Answer 100
- The Department of Telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to 100 per cent from 49 per cent allowed earlier.
- The company also has the approval of the Reserve Bank of India (RBI) that allowed foreign investors to hold up to 74 per cent stake in the company.
- The approval comes a few days before the company has to clear the statutory liabilities of up to nearly Rs 35,586 crore, of which Rs 21,682 crore is licence fee and another Rs 13,904.01 crore is spectrum dues.
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Feb 20, 2025