In Short: Bharti Hexacom’s IPO fetched Rs 4,275 crore from 15% stake sale of TCIL. Investors showed confidence in telecom sector’s growth story. Ministry’s strategy to sell stake in tranches working well. Remaining 15% stake may fetch over Rs 7,000 crore. TCIL expecting 25% revenue growth in FY 2024-25. Bharti Airtel holds 70% stake in […]This news is sourced from India Telecom News.
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