Airtel, India’s biggest telecom service provider, is also having a very big loan amount. As on December, 31, 2017, Airtel’s consolidated debt is Rs.91,714 crores. Singapore Telecommunications (Singtel), which is a major stake holder in Airtel, is intending to invest another Rs.2,649 crore in Airtel. With this, Singtel’s stake in Airtel will reach 48.9%.
[Source: Times of India dated 06.02.2018]