Qatar Foundation’s $1.48 bn exit from Bharti Airtel not as juicy as it appears

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Qatar Foundation Endowment (QFE), the investment arm of Qatar’s royal family that operates separately from the country’s sovereign fund, exited its four-year-old bet on India’s largest telecom firm Bharti Airtel Ltd on Wednesday.Three Pillars Pte Ltd, an affiliate of QFE, sold its entire 5% stake in Bharti Airtel for Rs ......