Tag: towers

Earlier reports had said that Airtel was in conversation with Vodafone group to potentially acquire a controlling stake in Indus Towers. Airtel has now, in a letter to the exchanges, clarified that such is not the case.

Paytm will be a high conviction exclusion, causing outflows of $77 million from India, the domestic brokerages\’ note said. Paytm\’s exclusion comes after a nearly 40% correction in the share price following RBI\’s ban on its Paytm Payments Bank. Meanwhile, Berger has yielded nearly 9% returns over 1 year.