PRE-MARKET INDIAN STOCKS NEWS: Bharti Airtel (BHARTI IS) received shareholder approval to increase its stake in Airtel Africa by 16.31% through an INR 282.2bln share-swap deal

Newsquawk StaffPublished On the live feed at 1 more headline followed before this page went public
Newsquawk headlinesUTC

Magnitude 6.4 earthquake strikes Sulawesi, Indonesia, according to GFZ

BoJ hikes short-term interest rates by 25bps to 1.00%, as expected, while it pauses tapering of bond buys in which it will keep monthly pace of JGB buying at around JPY 2tln from April 2027

PRE-MARKET INDIAN STOCKS NEWS: Bharti Airtel (BHARTI IS) received shareholder approval to increase its stake in Airtel Africa by 16.31% through an INR 282.2bln share-swap deal

US DoJ intervened in an NAACP lawsuit against xAI, arguing that the company's natural gas turbines in Southaven, Mississippi are essential to national security and military operations, according to WIRED

Alibaba (9988 HK) affiliate Ant Group launches AI assistant for Alipay, as previously flagged

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

Adani Enterprises (ADE IS) - Co. and Jabil plan a strategic alliance to build an integrated AI and data centre hardware manufacturing platform in India. (Economic Times)

Bharti Airtel (BHARTI IS) - Co. received shareholder approval to increase its stake in Airtel Africa by 16.31% through an INR 282.2bln share-swap deal. (Economic Times)

General Insurance Corporation of India (GICRE IS) - Government of India will sell up to a 5% stake in the Co. through an offer-for-sale on June 16-17, with a 2% base offer size and an option to sell an additional 3%. (Moneycontrol)

GMR Airports (GMRI IS) - Co. May passenger traffic rose 6.1% Y/Y, domestic passenger traffic rose 7.9% Y/Y, international passenger traffic rose 0.4% Y/Y and aircraft movements rose 2.3% Y/Y, driven by strong traffic at Delhi Airport. (Economic Times/Moneycontrol)

HCL Technologies (HCLT IS) - Co. will invest INR 14.27bln in Axonwise Private Limited, or Sarvam AI, through a minority all-cash investment for a 10.46% stake. (Economic Times)

Oil India (OINL IS) - Co. signed an MoU with the Council of Scientific and Industrial Research to pursue research, innovation and technology development across the energy sector. (Economic Times)

State Bank of India (SBIN IS) - Co. board will meet on June 18 to consider fundraising options for FY27 through public offerings or private placements. (Economic Times)

Yes Bank (YES IS) - Co. and Northern Arc Capital entered a partnership to widen access to credit, scale digital lending and create debt investment opportunities for customers. (Economic Times)

Energy - India's government raised windfall tax on diesel export to INR 14/ltr and kept the petrol export duty unchanged for the next fortnight. (Newswires)

Related headlines

The whole workspace, free to try.

Try it free