Qatar Foundation’s $1.48 bn exit from Bharti Airtel not as juicy as it appears

Qatar Foundation Endowment (QFE), the investment arm of Qatar’s royal family that operates separately from the country’s sovereign fund, exited its four-year-old bet on India’s largest telecom firm Bharti Airtel Ltd on Wednesday.Three Pillars Pte Ltd, an affiliate of QFE, sold its entire 5% stake in Bharti Airtel for Rs ......