2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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8%
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6%
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9%
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7%
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Detailed explanation-1: -The stake purchase in Cnergee will allow Bharti Airtel to sharpen its NaaS proposition for SMeEs looking for cloud-based solutions. Bharti Airtel Ltd. has acquired about 7% stake in Cnergee Technologies, a cloud-based networking solutions provider, under the Airtel Startup Accelerator Program.
Detailed explanation-2: -Singtel has been a shareholder in Bharti Airtel since 2000. The Mittal family and Singtel own 50.56% and 49.44%, respectively, in Bharti Telecom, which, in turn, holds a 35.85% stake in Bharti Airtel.
Detailed explanation-3: -New Delhi, December 20, 2022: Bharti Airtel (“Airtel”), India’s premier communications solutions provider today announced that it has acquired a strategic stake in Lemnisk (Immensitas Private Limited) under Airtel’s Start Up Accelerator Program.
Detailed explanation-4: -Singapore Telecommunications Ltd (Singtel) has concluded its planned sale of a 3.33% stake in Bharti Airtel for around $1.76 billion (about Rs 14,400 crore). Bharti Telecom Ltd (BTL), a key promoter company of the Indian telco, has acquired around 3.2% of this stake, while the rest was bought by the public.