Showing posts with label Bharti Airtel. Show all posts
Showing posts with label Bharti Airtel. Show all posts

Wednesday, 26 November 2014

Bajaj Auto, Bharti Airtel shares fall after Nigeria devalues naira



Bajaj Auto Ltd fell as much as 2.7% on Wednesday, while Bharti Airtel Ltd dropped 2.9% after Nigeria’s central bank devalued its currency naira by 8% and raised interest rates sharply on Tuesday.
Nearly 12 percent of Bajaj Auto’s revenues come from Nigeria.
Bharti Airtel entered Africa in 2010 by