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Bharti Airtel to Raise ₹7,200 Crore via Stake Sale
26 Nov
Summary
- Bharti Airtel promoters plan to sell 0.56% stake to raise ₹7,200 crore.
- Asian Paints becomes the official colour partner for Team India cricket matches.
- Zydus Lifesciences secures USFDA approval for blood pressure medication.
Indian stock markets are anticipated to open higher on Wednesday, November 26, 2025, driven by buoyant global sentiment. Futures on GIFT Nifty indicate a positive start, with US and Asian markets also posting gains overnight. Several key stocks are capturing investor attention today.
Bharti Airtel's promoters are preparing to offload a 0.56% stake, a move expected to generate approximately ₹7,200 crore. This transaction involves selling 34.3 million shares at a slight discount to the previous day's closing price. In other corporate developments, Asian Paints has announced a significant three-year partnership with the Board of Control for Cricket in India (BCCI), becoming its official colour partner.
Further corporate news includes Nelco receiving an additional authorization from the Department of Telecommunications. Welspun Corp has initiated arbitration proceedings against Wasco Coatings and Wasco Energy. Exide Industries has injected ₹75 crore into its subsidiary, Exide Energy Solutions. Zydus Lifesciences has obtained final approval from the USFDA for its Verapamil Hydrochloride extended-release tablets, a drug used to treat high blood pressure.
