In what could possibly be another big investment in India's telecom sector, Jeff Bezos's Amazon is in talks to buy a stake in cash-strapped Bharti Airtel worth at least $2 billion.

Amazon in talks to invest $2 billion in Bharti Airtel : Report

Indian telecom stocks rose on Friday amid hopes that the government would step in to help the ailing sector, a day after two top mobile carriers warned their ability to operate and make profits would depend on relief from the country.

Airtel, Vodafone Idea shares jump on hopes of govt help

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Amazon in talks to invest $2 billion in Bharti Airtel : Report

Airtel, Vodafone Idea shares jump on hopes of govt help