In an attempt to promote employee welfare and the company’s relationship with dealers and franchise owners, Bharti Airtel will reportedly pay the April month salary of nearly 25,000 employees belonging to its dealers, distributors and franchisees. According to a report by Mint, the company has told its partners to pay their employees full salaries for…
Indian telecom major Bharti Airtel has recently confirmed the appointment of Rahul Vatts as the company’s Chief Regulatory Officer. Indian telecom major Bharti Airtel has recently confirmed the appointment of Rahul Vatts as the company’s Chief Regulatory Officer. According to sources, in his new position Vatts will directly report to Gopal Vittal, Managing Director and…
Former Senior Vice President of HR at PI Industries, Biswarup Goswami has recently moved to a new role as the Chief Human Resources Officer(CHRO) at GHCL Ltd (formerly Gujarat Heavy Chemicals). An industry veteran, Goswami has more than two decades of experience in the human resources field. Prior to joining PI Industries as Senior Vice…
Western Union, a cross-border cross-currency money movement and payments company, and Bharti Airtel Limited, a global telecommunications company with operations in 18 countries across Asia and Africa, announced an unprecedented milestone in global money movement across the world’s significant emerging markets. The two industry leaders have come together to launch real-time payments soon into millions…
Bharti Airtel, India’s integrated telecommunications company has announced the successful fund raising exercise through completion of Qualified Institutional Placement (“QIP”) and pricing of Foreign Currency Convertible Bonds (“FCCBs”). The transaction is the largest dual tranche Equity and FCCB offering ever in Asia-Pacific, the largest QIP by a private sector issuer ever in India and the…
Airtel Africa, Bharti Airtel’s African business unit has appointed eight global banks to work on an intended initial public offering (IPO). The banks appointed are J.P. Morgan, Citigroup, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International, and Standard Bank Group, it said in an exchange filing. Earlier this month, Airtel…
Bharti Airtel International B.V., doing business in Africa as Airtel Africa has raised $1.25 billion (over Rs 9,200 crore) by issuing fresh shares to six global investors including Warburg Pincus, Temasek, Singtel, and SoftBank Group International. The company organized a two-stage fundraise to manage its debts. The transaction will not be involving any sale of shares…
Bharti Airtel Limited, the Indian global telecommunications services company announced on Wednesday that the firm has acquired AuthMe, a Bangalore based AI-Startup, without disclosing the transaction amount. As part of the deal, the core team of AuthMe will join Airtel and be a part of Airtel X Labs in Bengaluru…In addition, Airtel has acquired the…
Gopal Vittal, the joint MD and CEO (India) of Bharti Airtel, is being elevated to the position of Managing Director for the company. Gopal had taken over as the CEO (India) for Bharti Airtel in March 2013. As a part of the recent announcement, Manoj Kohli would step down as the MD & CEO (International)…
Bharat Bambawale, the company’s brand head is another amongst the recent spate of exits from Bharti Airtel. He has been with the company since August 2011, and was designated as Director, Global Brand for Bharti Airtel Limited. Previously he was with JWT – London, where he was Globlal Team Leader for Unilever Hair Care product…
Bharti Airtel, has announced top level restructuring. Effective 1st March 2013, Manoj Kohli would take over as the Managing Director of the company. Presently he is JMD & CEO for Bharti Airtel’s International operations. Sunil Mittal, presently the MD & Chairman, will be re designated as Chairman. Earlier this month, it was announced that…