Bharti Airtel's board on Sunday approved raising up to Rs 21,000 crore by way of rights issue at a price of Rs 535 per share
The scrip jumped 5% to Rs 720.55 in the early trade, while the benchmark BSE Sensex was down 14 points, or 0.03% at 53,040
The proposed investment by SoftBank comes at a time when rival food ordering platform Zomato is planning to go for an initial public offering during t