FILE PHOTO: A girl checks her mobile phone as she walks past the Bharti Airtel office building in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India April 21, 2016. REUTERS/Adnan Abidi
BENGALURU (Reuters) -Alphabet Inc's Google will invest up to $1 billion in India's Bharti Airtel as the U.S. technology giant expands its hold in India, sending shares of the telecom operator as much as 6.6% higher on Friday.
The investment is part of Google's plans announced under two years ago to infuse $10 billion in India via its digitisation fund over five to seven years through equity deals and tie-ups.
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