Airtel may raise up to Rs 16,000 crore, names new CEO
Bharti Airtel's board approved Shashwat Sharma as MD & CEO from January 1, with Gopal Vittal moving to executive vice chairman. The company will also utilize remaining rights issue proceeds to reduce debt, aiming for effectively net debt-free India operations soon, excluding DoT liabilities and lease obligations.
Bharti Airtel's board approved Shashwat Sharma as MD & CEO from January 1, with Gopal Vittal moving to executive vice chairman. The company will also utilize remaining rights issue proceeds to reduce debt, aiming for effectively net debt-free India operations soon, excluding DoT liabilities and lease obligations. What's Your Reaction?
