Does Airtel Money mark the end of London’s listing drought? Not yet The biggest flotation in five years was a bit of a shoo-in. Let’s see what happens when overseas competition is tougher The Guardian - UK · Sep 23
Indian billionaire’s payments firm plots biggest London flotation in years Sunil Bharti Mittal’s Airtel Money targets $9bn IPO in boost for ailing UK stock market The Guardian - UK · Sep 23
African payments firm Airtel Money plots debut on London stock market The plans to launch an initial public offering (IPO) is expected to bring about one of London’s biggest listings in recent years. The Independent UK · Sep 23
FTSE 100 slides as bond yields resume upward path Bond yields climbed on Friday as investors continue to weigh the fallout from central bank interest rate decisions and high energy prices. Evening Standard · Sep 18
Bharti Airtel shares in focus as NBFC Airtel Money commences commercial operations after RBI nod Bharti Airtel shares will be in focus after its NBFC arm, Airtel Money, commenced commercial operations following RBI approval. The development comes as Nomura reaffirmed its bullish stance on the telecom major, raising its target price to Rs 2,355 per share. Despite a 34% drop in Q4 profit, Airtel reported… The Economic Times · Jul 2
10 reasons why Nomura stays bullish on Bharti Airtel, sees 28% upside Nomura has named Bharti Airtel its top telecom pick, raising its target price to Rs 2,355 and calling it an 'ARPU compounder'. The brokerage highlighted the company's strong free cash flow generation, potential tariff hikes, and growth in its data centers, Airtel Money, and African businesses. The Economic Times · Jun 30