Tag Archives: GQG Partners

In a significant move reflecting Southeast Asia's telecom landscape, Singapore Telecommunications (SingTel) announced the sale of a 0.8% stake in Bharti Airtel to U.S.-based investment firm GQG Partners for ₹5,850 crore. This transaction marks the latest in a series of efforts by Southeast Asia's largest telecom operator to streamline its capital, with total capital recycling reaching S$8 billion since its strategic reset in 2021.

Renowned investor Rajiv Jain's GQG Partners has purchased a 2.58% stake in IDFC First Bank for approximately Rs 1,527 crore, instilling optimism in the bank's prospects.