Pastel’s Singtel offloads Bharti Airtel shares worth $1 billion in block deal; stock slips 2.6%
Shares of Bharti Airtel worth nearly $1 billion (Rs 5,700 crore) changed hands on May 16 through a large block deal, leading to a 2.6 per cent fall in the stock price. Around 3.1 crore shares, accounting for 3.1 per cent of the company’s total equity, were traded on the exchanges. Singtel group entity that…
