Bharti Airtel gets nod for 100% FDI

January 21, 2020 10:34 pm | Updated 10:34 pm IST

Bharti Airtel on Tuesday said it had got the approval from the Department of Telecom to increase foreign direct investment (FDI) in the firm to 100%.

“Bharti Airtel Limited has received the approval from DoT vide its letter dated January 20, 2020 for increasing the limit of foreign investment upto 100% of the paid up capital of the Company,” the company informed the stock exchange. Last year, the DoT had rejected the application over lack of clarity on the foreign investor.

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