Bharti Airtel Allots 1.2 Percent Equity Shares to Google for USD 700 million

Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730 apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in a regulatory filing...