Market valuation of 5 of top 10 most-valued firms tumble over Rs 1.85 trillion
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
The combined market valuation of four of the top10 most valued firms eroded by Rs 96,605.66 crore last week.
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 AIpowered spam fighting solution.
In the last week, the 5 out of 10 companies added Rs 1,13,117.17 crore to their total market valuation.
Last week, Nifty fell 50 points or 0.20 per cent to 24,964 and Sensex fell 307 points or 0.38 per cent to 81,381. This was the second consecutive week when the market closed in the red.
Airtel has strengthened its mid band and capacity spectrum holdings that will help it to provide better experience to its customer at the marginal capex.
Bharti Airtel will acquire 20 per cent stake in Bharti Telemedia from Warburg Pincus affiliate, LMIL, for about Rs 3,126 crore.
The company said that the order book was over-subscribed about 3 times on final pricing with peak order book of USD 5 billion at time for final price guidance.
A company statement said that Airtel Ads allows brands of all sizes to curate consent-based and privacy safe campaigns to one of the biggest pool of quality customers in India.
Airtel 5G solutions including FWA services will be able to deliver multi-gigabit internet speeds wirelessly to customers and open up a wide range of innovations, said the statement.
