Airtel board to meet on Aug 29 to consider fundraising options

Telecom operator Bharti Airtel on Wednesday said its board will meet on August 29 to consider various capital raising options, including equity and debt. The fundraising options entail equity or equity-linked or debt instruments, the company said in a regulatory filing but did not divulge into the quantum of capital raising under consideration. The latest move is expected to give more fire power to Airtel, as the company takes on rivals in the fiercely-competitive Indian telecom market.