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Bharti Airtel promoter to raise $1 billion to become debt free

Bharti Telecom has roped in JP Morgan for the raising USD 1 billion by selling 150 million equity shares at a price of Rs 558 per cent per unit

The bank's chief executive officer (CEO) V Vaidyanathan is taking a 30 per cent cut, including fixed and allowances
India is not short on corporate frauds, industrial disputes and accidents but it is very rare when a CEO takes time out to say sorry
Nehal reportedly handled Nirav Modi's Twin Fields Investments and Bailey Bank and Biddle, and allegedly laundered over $100 million for his brother