Business
Google to invest $1 bn in Airtel in partnership for cheap smartphones, 5G
U.S. tech giant Google will invest up to $1 billion in Airtel in a partnership that will focus on affordable smartphones and create “5G use cases” unique to India, the telecom company said on Friday.
The investment includes a $700 million equity investment in Airtel at Rs 734 per share and up to $300 million to implement commercial agreements, including investments to expand Airtel’s offerings, the companies said.
The share issue, which is subject to regulatory and shareholder approval, comes a few months after Airtel raised Rs 21,000 crore by selling shares to existing shareholders.
The two companies will also focus on “shaping and growing India’s cloud ecosystem”.
Airtel shares rose 0.54% to Rs 711 on the news. Less than two years ago, Google announced plans to inject $10 billion into India over five to seven years through equity deals and partnerships through its digital fund.
“Airtel and Google share a vision to increase India’s digital dividend through innovative products. With our future-ready network, digital platform, last-mile distribution and payment ecosystem, we look forward to working closely with Google to increase India’s digital ecosystem The depth and breadth of the system,” Sunil Bharti Mittal, chairman of Bharti Airtel, said in a statement.
“Our commercial and equity investment in Airtel is a continuation of the Google for India Digital Fund’s efforts to increase access to smartphones, enhance connectivity to support new business models, and help companies on their digital transformation journey,” said Sundar Pichai, CEO of Google. .” and the alphabet.
Airtel shares rose 0.54% to Rs 711 on the news. Less than two years ago, Google announced plans to inject $10 billion into India over five to seven years through equity deals and partnerships through its digital fund.
Airtel shares rose 0.54% to Rs 711 on the news. Less than two years ago, Google announced plans to inject $10 billion into India over five to seven years through equity deals and partnerships through its digital fund.
Complete News Source : Business Standard
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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