Bharti Airtel earlier in January 2020, had received approval from the Department of Telecommunications (DoT) to increase its foreign direct investment limit to 100% of the paid-up capital.

Relating to that there could be an inflow of $600-700 million in foreign direct investment with Bharti Airtel getting approvals for 100% FDI in three of its downstream subsidiaries. However, some of its subsidiary companies were awaiting approvals, which led to a weightage drop in Morgan Stanley Capital International (MSCI) index rebalancing in August 2020, thus significant outflows. MSCI index is an index used to measure equity market performance in global emerging markets.

According to the Edelweiss Alternative Research report, Bharti Airtel is initiating the process to revise its foreign investment limit, as notified to its depositories, to 100% with immediate effect. National Securities Depository Limited (NSDL) should soon update its MSCI Weight up can result in a $600-700 million inflow.