Government Approves 100 % FDI in Bharti Airtel

The telecom company Bharti Airtel Limited has received the approval from Department of Telecommunications (DoT) to increase the foreign direct investment (FDI) limit upto 100 percent of the paid up capital of the Company.
Earlier, the limit was 49 percent.
The approval will now allow FPls (Foreign Portfolio Investors)/Flls (Foreign Institutional Investors) to invest in up to 74 percent of the paid-up capital of the Company.