Temasek part-exiting Bharti Airtel at a loss as SingTel is raising stake for $302M

Singapore’s sovereign wealth fund Temasek is part-exiting its six-year-old investment in Bharti Airtel, its single biggest investment in India, at a loss. It is selling around one-third of its holding to the Asian telco Singapore Telecommunications Ltd (SingTel) in a deal worth Rs 1,859 crore ($302 million or S$383.5 million). SingTel, ......