Bharti Airtel stock touched an intraday high of Rs 601.8, rising 6.37% against previous close of Rs 565.75 on BSE

Stocks to watch today on January 13: SBI, Wipro, Tata Motors, Tata Elxsi, Airtel, Tech Mahindra, Hero MotoCorp among others are the top stocks to watch out for in Wednesday's trading session

Bharti Airtel further said it is initiating the process to revise its foreign investment limit, as notified to its depositories, to 100 per cent with immediate effect

Following the news, Bharti Airtel share price opened higher at Rs 542.80 and later gained 2.62% intraday to Rs 554.40 against the previous close of Rs 540.25

The rupee was trading in a narrow range at the interbank forex market. The local unit opened at 73.70 per US currency, and later gained by 6 paise to 73.65, from its previous close.

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Following the update, Bharti Airtel share price rose 2.47% to hit a fresh 52-week high of Rs 524 on BSE.

The FDI approval comes few days before Bharti Airtel has to clear the statutory liabilities of up to nearly Rs 35,586 crore, of which Rs 21,682 crore is licence fee and another Rs 13,904.01 crore is spectrum dues (excluding the dues of Telenor and Tata Teleservices)

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Bharti Telecom, a promoter of Bharti Airtel, has sought government nod for the infusion of Rs 4,900 crore investment,Tata Steel has introduced a new HR policy allowing its LGBTQ+ employees to disclose the identity of their partners and get all HR benefits admissible under the law,India's real GDP growth in the current financial year is expected to be below 5 per cent. Watch the video for more.

Govt set to amend bankruptcy law to protect new owners of insolvent companiesThe government has begun the process of amending the insolvency and bankruptcy code to protect new owners of bankrupt companies from any criminal accountability concerning the time when the firms were controlled by the erstwhile promoters. The cabinet is expected to approve significant changes to the insolvency law at the earliest to safeguard the companies taking over the broke businesses from prosecut...

Bengaluru-based independent cybersecurity researcher Ehraz Ahmed, who was the first to observe the technical glitch, said in his blog that the fault existed in Airtel's API (Application Program Interface) that enabled people to \"to fetch sensitive user information of any Airtel subscriber.\"

Bharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 per cent stake in the telecom firm