Bharti Airtel gets CCI nod to increase stake in Indus Tower to over 50 pc

The Competition Commission of India approved Bharti Airtel's move to increase its stake in Indus Towers to 50.005% after a share buyback. Bharti Airtel currently holds a 50% stake. In another deal, CVC Capital Partners' proposal to acquire a 26.47% stake in Aavas Financiers has also been approved by the regulator.