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May 7, 2001 		Feedback  
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Bharti group gets more investments

Indian telecommunications group Bharti Enterprises said on Monday that it had received additional equity investment of $460 million from its global partners.

The $460 million includes $200 million each from Singapore Telecom and Warburg Pincus, a Bharti statement said.

The other investors include AIF Funds Management Ltd which was putting in $35 million, the International Finance Corp with $20 million and New York Life with $5 million.

SingTel's new investments are in addition to stakes it already holds in two holding companies of the unlisted Bharti group which has interests in India's telecom sector.

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