Bharti Telecom hikes stake in Airtel to 40.33%

Bharti Telecom Ltd (BTL), the key promoter company of Bharti Airtel, has increased its stake in the Sunil Mittal-led telco to 40.33% by acquiring an additional 1.2% from another Airtel promoter group entity, Indian Continent Investment Ltd (ICIL), through an off-market deal.