Bharti Airtel raises Rs 9,050 cr via bonds ahead of auctions
Telecom operator Bharti Airtel has raised $1.25 billion (Rs 9,050 cr) via dollar-denominated bonds from a clutch of international investors, tying up funds ahead of impending auctions of 5G spectrum. The debt was raised at considerably low interest rates, though they carry the risk of the US currency appreciating in value against the Indian rupee. […]