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Bharti Telecom plans record rupee bond sale to raise 8500 crore
Bharti Telecom, owned by billionaire Sunil Bharti Mittal, plans to raise approximately Rs 8,500 crore ($1.01 billion) in its largest-ever rupee bond issuance. This marks the company's first onshore debt sale of the year, following a successful Rs 80 billion raise in December 2023. The bonds, with maturities of three to ten years, are expected to offer a coupon rate of around 9%.
ai voice cloning incident highlights risks and benefits of technology
At the NDTV World Summit, Sunil Mittal, chairman of Bharti Enterprises, shared a concerning experience where AI cloned his voice in a fraudulent call, attempting to deceive a senior executive into transferring funds. He emphasized the dual nature of AI, acknowledging its transformative benefits for operations at Bharti Airtel while warning of its potential misuse for creating deepfakes and manipulating digital identities. Mittal called for safeguards to protect society from the risks associated with advancing AI technologies.
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