Google to Get 1.2% of Bharti Airtel – Explained in Key Points
A few days back, the Competition Commission of India (CCI) approved Bharti Airtel and Google’s deal for $700 million. The actual deal between the companies was for $1 billion, but $300 million out of that was for forming multi-year agreements, and $700 million were for getting a 1.28% stake in the company. On Thursday, Bharti Airtel said that in a meeting held between the ‘Special Committee of Directors for Preferential... Read More