NEW DELHI: Shareholders of India's Bharti Airtel Ltd on Wednesday approved a $1.2 billion deal to sell a 5 percent stake of the company to the Qatar Foundation Endowment, the company said.
The deal marks Qatar's first major investment in a listed Indian company.
It will also help Bharti Airtel, India's top telecommunications carrier, pare some of its $11.7 billion debt. (Reuters)
