On the quarterly basis, the Sunil Bharti Mittal-led firm reported a 29.31 per cent growth in consolidated net profit at Rs 107.2 crore in Q4FY19, compared to Rs 82.9 crore in the same quarter last year, marking its first increase in profit after 11 quarters

The tribunal asked Airtel to submit 50 per cent payment of Rs 1,287.97 crore demand raised by DoT as OTSC for Chennai circle licence extension from November 30, 2014 to September 27, 2021

The company had posted a loss of USD 33 million in the same period a year ago.

Over the years, Bharti has always attracted the best of talent from across industry verticals and geographies. I am confident that Nakul's vast experience within the financial and commercial domain will add value to the group,\" Mittal said in a statement.

Forbes rich list: The Chairman and Managing Director of Reliance Industries Mukesh Ambani is now worth $50 billion, up from $40.1 billion in 2018, when he had stood in the 19th spot on the list.

On the Sensex, the Bharti Airtel share fell 2% to 301 level. The large cap stock lost 2.26% to 301.25 on Nifty. 22 of 28 brokerages rate the stock \"buy\" or 'outperform', four \"hold\" and two \"underperform\", according to analysts' recommendations tracked by Reuters.

Credit ratings reflect the company's calibre to repay debt and raise funds. Ratings range between Aaa, which means best, to lowest category C.

Bharti Airtel along with Vodafone Idea have approached the government for relief in absence of margin due to low tariff being offered by Jio in market and need for higher investments.