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Bharti Airtel and Google, today, announced a partnership that brings a compelling Google One cloud storage subscription service for Airtel customers, helping address the mounting challenge of limited device storage. All postpaid and Wi-Fi customers will get access to six months of 100 GB Google One cloud storage at no extra cost. They will also be able to share this storage with up to five additional people.
The partnership aims to address the issue of growing data storage constraints faced by users by ensuring that customers have ample space to store their cherished photos, videos, documents and other digital content without the need to frequently delete files or resort to expensive physical storage expansions. Additionally, WhatsApp chats on Android are backed up to Google Account storage which will make device switching easier for customers. The cloud storage provision is comparable with both Android and iOS platforms, making it widely accessible to Airtel's diverse customer base.
Bharti Airtel Ltd fell 2.29% today to trade at Rs 1824. The BSE Teck index is down 0.67% to quote at 18118.65. The index is up 10.02 % over last one month. Among the other constituents of the index, Infosys Ltd decreased 0.86% and Tech Mahindra Ltd lost 0.43% on the day. The BSE Teck index went up 13.19 % over last one year compared to the 11.89% surge in benchmark SENSEX.
Bharti Airtel Ltd has added 0.05% over last one month compared to 10.02% gain in BSE Teck index and 6.98% rise in the SENSEX. On the BSE, 36.71 lakh shares were traded in the counter so far compared with average daily volumes of 3.24 lakh shares in the past one month. The stock hit a record high of Rs 1916.9 on 07 May 2025. The stock hit a 52-week low of Rs 1224.5 on 04 Jun 2024.
The media reported that Pastel, a unit of Singtel, sold 7.1 crore shares in Airtel at Rs 1,814 each, reflecting a 2.83% discount to the closing price of Airtel's stock on Thursday.
'The transaction was executed via a private placement to international and Indian institutional investors, including existing shareholders of Airtel. The private placement received strong interest from existing shareholders and new investors and was well oversubscribed, resulting in both an increase in transaction size as well as tighter final pricing than initial guidance. A large majority of the transaction was sold to domestic mutual funds and international long-only funds,' Singtel said in a statement.
With this transaction, Singtel has trimmed its stake in Bharti Airtel to 28.3% from 29.5% earlier, having sold a 1.2% stake through these block deals.
Bharti Airtel is a global communications solutions provider with over 550 million customers in 15 countries across South Asia and Africa.
The telecom major's consolidated net profit soared 432.04% to Rs 11,021.8 crore in Q4 FY25 as against Rs 2,071.6 crore reported in Q4 FY24. Revenue from operations increased 27.33% YoY to Rs 47,876.2 crore in Q4 FY25, driven by strong underlying momentum in India, a rebound in reported currency revenue growth in Africa and full quarter impact of Indus Towers consolidation. Average revenue per user (ARPU) for the quarter stood at Rs 245, up 17.78% over Rs 209 in Q4 FY24.
Bharti Airtel Ltd, Crompton Greaves Consumer Electricals Ltd, Rites Ltd, SKF India Ltd are among the other stocks to see a surge in volumes on BSE today, 16 May 2025.
JSW Infrastructure Ltd witnessed volume of 18.42 lakh shares by 10:47 IST on BSE, a 15.08 times surge over two-week average daily volume of 1.22 lakh shares. The stock dropped 2.46% to Rs.289.40. Volumes stood at 60197 shares in the last session.
Bharti Airtel Ltd witnessed volume of 51.76 lakh shares by 10:47 IST on BSE, a 14.43 times surge over two-week average daily volume of 3.59 lakh shares. The stock dropped 2.80% to Rs.1,814.50. Volumes stood at 3.41 lakh shares in the last session.
Crompton Greaves Consumer Electricals Ltd registered volume of 8.45 lakh shares by 10:47 IST on BSE, a 11.11 fold spurt over two-week average daily volume of 76054 shares. The stock rose 5.79% to Rs.346.35. Volumes stood at 1.31 lakh shares in the last session.
Rites Ltd recorded volume of 6.14 lakh shares by 10:47 IST on BSE, a 5.6 times surge over two-week average daily volume of 1.10 lakh shares. The stock gained 8.54% to Rs.269.50. Volumes stood at 1.79 lakh shares in the last session.
SKF India Ltd saw volume of 9253 shares by 10:47 IST on BSE, a 5.48 fold spurt over two-week average daily volume of 1689 shares. The stock increased 6.71% to Rs.4,593.70. Volumes stood at 2108 shares in the last session.
Bharti Airtel Ltd, Rites Ltd, SKF India Ltd, IFCI Ltd are among the other stocks to see a surge in volumes on NSE today, 16 May 2025.
JSW Infrastructure Ltd saw volume of 521.55 lakh shares by 14:14 IST on NSE, a 31.71 fold spurt over two-week average daily volume of 16.45 lakh shares. The stock dropped 2.37% to Rs.290.00. Volumes stood at 8.71 lakh shares in the last session.
Bharti Airtel Ltd saw volume of 957.54 lakh shares by 14:14 IST on NSE, a 15.44 fold spurt over two-week average daily volume of 62.04 lakh shares. The stock dropped 2.69% to Rs.1,816.90. Volumes stood at 87.88 lakh shares in the last session.
Rites Ltd saw volume of 132.92 lakh shares by 14:14 IST on NSE, a 10.34 fold spurt over two-week average daily volume of 12.86 lakh shares. The stock increased 11.36% to Rs.276.46. Volumes stood at 15.73 lakh shares in the last session.
SKF India Ltd notched up volume of 3.79 lakh shares by 14:14 IST on NSE, a 9.19 fold spurt over two-week average daily volume of 41227 shares. The stock rose 6.03% to Rs.4,585.20. Volumes stood at 48974 shares in the last session.
IFCI Ltd clocked volume of 600.75 lakh shares by 14:14 IST on NSE, a 7.84 times surge over two-week average daily volume of 76.63 lakh shares. The stock gained 15.84% to Rs.51.84. Volumes stood at 65.41 lakh shares in the last session.