Bharti Airtel Aims To Cut Down Debt, Fuel Growth With Rs 21,000 Crore Capital Raise

Bharti Airtel founder chairman Sunil Mittal said on Monday that the wireless carrier wanted to improve its access to growth capital and reduce its debt leverage, a day after it announced its plans to raise up to Rs 21,000 crore ($2.87 billion) via a sale of shares to existing shareholders.