Airtel shares in focus as company confirms talks with Tata Group to merge Tata Play with Bharti Telemedia

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Bharti Airtel shares are in focus as the company confirmed discussions with the Tata Group to merge Tata Play, its DTH business, with Bharti Telemedia. The merger aims to boost Airtel's non-mobile revenues, with Airtel set to hold a majority stake of 52-55%. The deal would also grant Airtel access to Tata Play's 19 million homes.