Airtel allots 1.2% equity shares to Google for Rs 5,224 crore

Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs 734 apiece. The allotment is part of Google's commitment to invest $1 billion with Airtel, which included equity investment in the company worth $700 million, about Rs 5,224 crore, Airtel said in a regulatory filing.

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