Global Tastes Innovation Beyond Imagination Chairman'snote

Total Page:16

File Type:pdf, Size:1020Kb

Global Tastes Innovation Beyond Imagination Chairman'snote The in-house magazine of Bharti Enterprises TODAY VOL-18 . ISSUE 2 . 2014 Delighting India with Global Tastes Innovation beyond imagination CHAIRMAN'SNOTE Dear“Offering Colleagues, technical edge to s we continue to pursue excellence in telecom, by the faith shown in our brand in these extremely our Group’s core business activity, we are also competitive markets. Aenterprises”equally focused on the growth of our diversified business portfolio. I am pleased with the steady progress, The initiative taken by Bharti Infratel and its business our agri-venture FieldFresh Foods has made in living up partner to distribute surplus power from green energy to its vision of being ‘the most trusted and innovative facilities located near the telecom towers to local provider of branded fresh vegetables and processed communities is a commendable one. It shows the foods.’ Emphasis on quality, innovation and modern sensitivity of our Group Companies towards delivering farm practices has enabled the company to successfully a positive impact on society through their innovative establish Del Monte and FieldFresh as leading brands in business models. their respective categories. While the former has become one of the fastest growing food and beverage brands As we endeavour to consolidate our leadership in in the country, the latter is currently partnering over telecom, we will continue to scale up our position 4000 farmers in different regions to improve quality and in other businesses as well to enable the Group to productivity to ensure global acceptance. create a transformational impact wider in scope and benefitting an ever increasing number of customers It’s really a matter of pride for us to serve over 300 and stakeholders. million customers across our operations which includes mobile, fixed line & DSL, and DTH services - signifying Best wishes, a new peak in our business venture. In Nigeria, the Company crossed a major landmark recently when the market regulator Nigerian Communications Commission (NCC) formally recognised Airtel as the second largest telecom operator in the country. I am truly touched Sunil Bharti Mittal Contents Awards & Recognitions 3 Bharti Airtel Releases Second Sustainability Report 13 Delighting India with Global Tastes 4 Group News 14 Going Beyond Network Connectivity 8 In Focus 19 Leadership Conclave 2014 – Dubai 10 Giving Wings to Their Dreams 20 Bharti Introduces New Code of Conduct 12 AWARDS&RECOGNITIONS Sunil Bharti Mittal, Co-Chair, World Economic Forum Africa 2014 (second from right) with other Co-Chairs of the event in Abuja (Nigeria) Bharti Airtel won the Top Operator (Cellular), Top Operator (NLD), Top Operator (ILD) awards at the ICT (Information and Communication Technology) Business Awards 2013 in Delhi. Bharti Airtel bagged the Bronze Award at the Effie Awards 2013 held in Colombo for its ‘What’s inside your smart phone’ campaign in Sri Lanka. Bharti Airtel won the Kalahari Award 2014 at the 4th MobileMoney Expo in Lagos, Nigeria. Airtel Ghana received awards for the ‘Best Mobile Money Service of the year,’ and ‘CSR Company of the year’ at the Ghana Telecom Awards 2014. Sunil Bharti Mittal with H.E. Dr. Jakaya Mrisho Kikwete, President, United Republic of Tanzania Bharti Airtel was assigned BBB – with a ‘Stable’ outlook rating by Standard and Poor’s Rating Services (S&P) in March 2014. All three major rating agencies – S&P, Centum Learning received ‘Certificate of Excellence’ at Moody’s and Fitch have issued a stable investment grade the 2nd Bihar Innovation Forum (a joint initiative of the to the company. Government of Bihar and World Bank). Bharti Infratel was conferred with ‘Amity Telecom Centum Learning featured in ‘Training Outsourcing Excellence Award’ for being the ‘Top Telecom Towers Companies Watch List, 2014’ for the sixth consecutive Company of the Year 2013.’ year. Centum Learning won Runner Up award from National Skill Development Corporation (NSDC) for Best Practice Recognition 2013 in the ‘student enrollment’ category. Bharti AXA Life Insurance awarded the ‘DMAi Silver Award’ in the ‘Financial products and services’ category for its innovative ‘Audience on Demand’ media campaign for Bharti AXA Life eProtect. Bharti AXA General Insurance was recognised as the ‘Best Insurance Company in the Private Sector – General’ by the World HRD Congress at the ABP BFSI Awards, 2014 in Mumbai. Bharti AXA General Insurance received the Excellence Award, 2014 from the Institute of Economic Studies in Bangalore. Bharti AXA General Insurance won two social media awards – ‘Best Integrated Marketing Campaign’ and ‘Best Viral Marketing Campaign’ at the Youth Marketing Forum Social Media Awards 2014. (Left-Right): Segun Ogunsanya (CEO and MD, Airtel Nigeria), Sunil Bharti Mittal and H.E. Paul Kagame (President, Republic of Rwanda) 3 BHARTI TODAY 2014 DELIGHTING INDIA WITH GLOBAL TASTES INNOVATION BEYOND IMAGINATION Incorporated in 2004 FieldFresh Foods, a Bharti joint venture company with Del Monte Pacific, has gradually evolved towards a two planked business model that not only seeks to connect Indian food lovers with international cuisines but strives to link Indian farms with the global fresh vegetable market. Constant focus on product innovation in the processed food segment and introduction of modern practices in Indian farms has enabled the Company to make its mark in both segments. alpa Solanki, a BPO analyst available in the local market, thanks whole new segment in the processed developed a liking for pasta, on to Del Monte’s wide offerings in food category in the country. Jher recent trip to Rome. Being a Italian cuisine. Exponential growth in Quick Service cooking enthusiast, she planned to Restaurants (QSR’s) and multi cuisine prepare the dish for her friends at She is one of the many Indian eateries is a result of this evolving home. As one of her friends gorged foodies whose love-affair is no consumption pattern. into the preparation, she remarked, longer restricted to local cuisines. “It tastes so original, seems we Rising disposable incomes and Chefs in India are successfully delivering are in Italy. Have you brought the increasing exposure to international the unique global recipes to their ingredients from there?” cuisines have prompted food lovers patrons in original flavours, thanks to to diversify their interests. A spur in Bharti’s joint venture with Del Monte, To everybody’s surprise, Jalpa demand for authentic international which carries a 100 years’ legacy pointed out that all items were flavours has created space for a in processed food and beverages 4 BHARTI TODAY 2014 COVERSTORY STATE-OF-THE-ART MANUFACTURING Our innovation and R&D led approach AND R&D CENTRE along with our abiding interest in tracking customer’s tastes on a regular n November 2010, with an initial investment of over basis have enabled Del Monte to emerge Rs. 115 crores FieldFresh Foods established a world class “as one of the preferred processed brands Imanufacturing and R&D centre at Hosur, Tamil Nadu for its in India. In the fresh category, we have Del Monte range of products. Spread across 21.4 acres, the not only established FieldFresh as a state of- the-art manufacturing facility not only produces reliable supplier of quality products in fruit drinks and culinary products like ketchups, sauces the international markets but also have and mayonnaise but also offers processing and packaging been making a transformational impact solutions for other culinary items – making it the first of on the lives of partner farmers through its kind plant in India. The facility’s R&D section houses an our contract farming programme in online laboratory and automated monitoring systems to focus Punjab, Maharashtra and Andhra Pradesh. on developing innovative products to cater to consumer’s – Rakesh Bharti Mittal, evolving taste patterns. Chairman, FieldFresh Foods and Vice Chairman, Bharti Enterprises segment. Starting operations in 2008, the JV Rakesh Bharti Mittal at Del Monte’s plant in Hosur (Tamil Nadu) has established itself as the preferred option for customers in different segments. Identifying the growing affinity of Indian DIFFERENTIATION THROUGH INNOVATION food lovers towards international cuisines especially Italian and Chinese, Del Monte el Monte has quite offers an extensive range of ingredients in successfully livened these segments. So, not only professional Dup consumer taste in chefs but cooking fanatics like Jalpa are established categories like also replicating the authentic flavours ketchups too. It introduced at home. As part of its Italian range, Del two uniquely flavoured Monte offers 11 types of pastas, green and offerings - Zingo and black olives and an array of delectable Twango - lending variety pasta sauces to replicate the tastes straight in the category. While the from the Italian streets. To tickle the former offers a sweet and taste buds of Chinese cuisine lovers, the spicy blend of Red chillies, Company has introduced a range of sauces Red Bell Pepper, Garlic and and vinegars like Red Chilli, Green Chilli, Ginger, the latter is a tangy Schezwan, Red Chilli Vinegar, Green Chilli and fruity sauce, combining Vinegar, Sweet Chilli and Oriental sauce. tomato with pineapple. Living up to its global image, Del Monte’s Packaging innovations have packaged fruits are sourced from different been Del Monte’s forte since locations in the world. For instance, it gets its first products rolled into the market. It is one of the first brands in Pineapple Slices and Fruit Cocktail from the country to introduce ‘can packaging’ in fruit juice category. It is Philippines, Peach Halves and Apricot Halves not only hygienic but environment friendly as well. The Company’s from South Africa, Prunes and Cranberries easy to use ‘pet bottle packaging’ and other child friendly packaging from the US and Red Cherries from Turkey. options have also become a rage in the market. 5 BHARTI TODAY 2014 COVERSTORY GLOBAL ACCEPTANCE ustomer centric approach, focus on innovation, emphasis on quality and quick turnaround time has enabled FieldFresh Foods to emerge as a preferred supplier of products like tomato ketchup, chilli sauce, mayonnaise, Cpizza sauce concentrate, pickles, etc.
Recommended publications
  • Notes to Financial Statements
    Digital for all Notes to financial statements 46. Auditors’ Remuneration (` Millions) For the year ended For the year ended Particulars March 31, 2015 March 31, 2014 - Audit Fee* 68 68 - Reimbursement of Expenses* 5 5 - As advisor for taxation matters* - - - Other Services* 8 11 Total 81 84 * Excluding Service Tax 47. Details of dues to micro and small enterprises as defined under the MSMED Act, 2006 Amounts due to micro and small enterprises under Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 aggregate to ` 10 Mn (March 31, 2014 – ` 38 Mn) based on the information available with the Company and the confirmation obtained from the creditors. (` Millions) Sr No Particulars March 31, 2015 March 31, 2014 1 The principal amount and the interest due thereon [` Nil (March 31, 10 38 2014 – ` Nil)] remaining unpaid to any supplier as at the end of each accounting year 2 The amount of interest paid by the buyer in terms of section 16 of - - the MSMED Act, 2006, along with the amounts of the payment made to the supplier beyond the appointed day during each accounting year 3 The amount of interest due and payable for the period of delay in - - making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under MSMED Act, 2006. 4 The amount of interest accrued and remaining unpaid at the end of - - each accounting year; 5 The amount of further interest remaining due and payable even - - in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise for the purpose of disallowance as a deductible expenditure under section 23 of the MSMED Act, 2006.
    [Show full text]
  • June 17, 2020 National Stock Exchange of India Limited
    June 17, 2020 National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra (E) Mumbai – 400051, India BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400001, India Ref: Bharti Airtel Limited (BHARTIARTL/532454) Sub: Disclosure of related party transactions pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Dear Sir/Madam, Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we are enclosing herewith disclosure of related party transactions on a consolidated basis, in the format as specified in the applicable accounting standards. Kindly take the above information on record. Thanking you, Sincerely yours, For Bharti Airtel Limited Rohit Krishan Puri Dy. Company Secretary & Compliance Officer Bharti Airtel Limited (a Bharti Enterprise) Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110 070 T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: [email protected], www.airtel.com CIN: L74899DL1995PLC070609 (All amounts are in millions of Indian Rupee; unless stated otherwise) Related party disclosures (a) List of related parties i. Ultimate controlling entity Bharti Enterprises (Holding) Private Limited. It is held by private trusts of Bharti family, with Mr. Sunil Bharti Mittal’s family trust effectively controlling the said company. ii. Entity having control over the Company Bharti Telecom Limited iii. Subsidiaries, joint
    [Show full text]
  • Bharti Airtel
    COMMON STOCK AND UNCOMMON PROFITS BHARTI AIRTEL Bharti Airtel next money maker: 5G Network Success in 5G Network is a huge opportunity. Expect margins, free cash flows and ROCE to go up. In my Opinion, Buy this share for a short period of time. Bharti Airtel Limited is a leading global telecommunications company with operations in 18 countries across Asia and Africa. Headquartered in New Delhi India Bharti Airtel ranks amongst the top 3 mobile service providers globally in terms of subscribers. The company offers an integrated suite of telecom solutions to its enterprise customers in addition to providing long distance connectivity both nationally and internationally. The Company also offers Digital TV and IPTV Services. All these services are rendered under a unified brand 'airtel' either directly or through subsidiary companies. The company operates in four strategic business units namely Mobile Telemedia Enterprise and Digital TV. The mobile business offers services in India Sri Lanka and Bangladesh. The Telemedia business provides broadband IPTV and telephone services in 95 Indian cities. The Digital TV business provides Direct-to-Home TV services across India. The Enterprise business provides end-to-end telecom solutions to corporate customers and national and international long distance services to telcos. In October 1 2007 the company incorporated a new company namely Bharti Airtel Holding (Singapore) Pte Ltd in Singapore as an investment holding company of the company. In January 2008 the company transferred the passive telecom infrastructure business of the company to Bharti Infratel Ltd. During the year 2008-09 the company made their foray into media and television by redefining home entertainment with Airtel digital TV.
    [Show full text]
  • Governance Report
    Governance report In this section 82 Our Board of directors 86 Our Executive Committee 88 Chair’s introduction 90 Our leadership 97 Board evaluation 100 Audit and Risk Committee report 110 Nominations Committee report 115 Our compliance with the UK Corporate Governance Code 119 Directors’ report 123 Directors’ responsibilities statement 124 Directors’ remuneration report Airtel Africa plc Annual Report and Accounts 2021 81 © 2021 Friend Studio Ltd File name: BoardXandXExecXCommittee_v48 Modification Date: 26 May 2021 8:22 am Governance report Our Board of directors Sunil Bharti Mittal Raghunath Mandava Chair Chief executive officer N M Date appointed to Board: October 2018 Date appointed to Board: July 2018 Independent: no Independent: no Age: 63 Age: 54 Nationality: Indian Nationality: Indian Skills, expertise and contribution Skills, expertise and contribution Sunil is the founder and chairman of Bharti Enterprises, one of India’s leading Raghu has held a variety of sales, marketing, customer experience and general conglomerates with diversified interests in telecoms, insurance, real estate, management roles in the FMCG and telecoms industries. Raghu joined Airtel Africa agriculture and food, renewable energy and other ventures. Bharti Airtel, the flagship Group as chief operating officer in 2016 and took over as CEO in January 2017. company of Bharti Enterprises, is a global telecommunications company operating in To his role as CEO, he brings a deep understanding of telecoms and a strong belief 18 countries across South Asia and Africa. It’s one of the top three mobile operators that connectivity can accelerate growth by helping to bridge the digital divide and globally, with a network covering over two billion people.
    [Show full text]
  • Media Release
    Bharti Airtel Limited – Media Release January 22, 2010 USGAAP Bharti Airtel Limited Q3 FY2010 : Resurgence of minutes growth and strong free cash flows Bharti Airtel announces results for the third quarter and nine months ended December 31, 2009 Highlights for the Nine Months ended December 31, 2009 • Total Revenues of Rs. 29,559 crore (up 9% Y-o-Y). • EBITDA margin at 41.3% . • Net Income of Rs. 7,048 crore (up 13% Y-o-Y). Highlights for the Third Quarter ended December 31, 2009 • Overall customer base at 125.3 million • Traffic on Mobile Network up by 9.56 billion minutes • Total Revenues of Rs. 9,772 crore (up 1% Y-o-Y). • EBITDA margin at 40.0% • Net Income of Rs. 2,210 crore (up 2% Y-o-Y). New Delhi, India, January 22, 2010: Bharti Airtel Limited (“Bharti Airtel” or “the Company”) today announced its audited US GAAP results for the third quarter and nine months ended December 31, 2009. The consolidated Total Revenues for the nine months ended December 31, 2009 of Rs.29,559 crore grew by 9% and EBITDA of Rs. 12,205 crore grew by 9% on a year on year basis. The Company continued to leverage its scale and strategic partnerships to secure cost efficiencies, leading to an improvement in EBITDA margins, to 41.3% from 41.1% in the corresponding period of the previous year. The Net Income for the nine months ended December 31, 2009 was Rs.7,048 crore, a growth of 13% over last year. The strong Free Cash Flow of Rs.
    [Show full text]
  • Walmart-Bharti Joint Venture: Formation, Breakup, & Strategies
    Academy of Strategic Management Journal Volume 16, Number 1, 2017 WALMART-BHARTI JOINT VENTURE: FORMATION, BREAKUP, & STRATEGIES Narendra C. Bhandari, Pace University ABSTRACT This case study article discusses the following subjects as they relate to the formation and breakup of Bharti-Walmart joint venture in India: (a) The Indian legal, economic, and social environment (b) Formation of Bharti Walmart joint venture, (c) Breakup of Bharti Walmart Joint Venture, (d) Walmart’s contributions, (e) Walmart’s criticisms, (f) Walmart’s strategies after joint venture breakup, and (g) India’s foreign direct investment strategy in retailing. The article also proposes several hypotheses for future research. Key Terms: Bharti-Walmart joint venture formation and terms; Bharti-Walmart joint venture breakup and reasons; Walmart’s contributions; Walmart’s criticism; India’s foreign direct investment laws; Walmart strategies in India; and suggestions for India’s foreign direct investment policy. INTRODUCTION AND PURPOSE The Bharti Enterprises of India, a premier business conglomerate in India, and Walmart of U.S.A., the largest retailer in the world, made a historic partnership agreement to operate wholesale cash and carry stores in India. The joint venture, however, lasted only for a few years before they cancelled it. The objectives of this case study article are to discuss the following topics: (a) The Indian legal, economic, and social environment related to this joint venture, (b) Formation of Bharti Walmart joint venture, (c) Breakup of Bharti Walmart Joint Venture, (d) Walmart’s contributions, (e) Walmart’s criticisms, (f) Walmart’s strategies after joint venture breakup, and (g) India’s foreign direct investment strategy in retailing.
    [Show full text]
  • Sunil Mittal, Founder, Chairman and Group CEO of Bharti Enterprises CC
    T O: Sunil Mittal, Founder, Chairman and Group CEO of Bharti Enterprises C C: Dr. Richard Linowes, American University FR O M: Daniel Vachoo, Sr. Strategy Consultant Date: Monday, April 25, 2011 R E: Bharti Airtel in Africa 1 E X E C U T I V E SU M M A R Y: Bharti Airtel limited is a leading global telecommunications company with operations in 19 countries across Asia and Africa. The company offers mobile voice & data services, fixed line, high speed broadband, IPTV, DTH, turnkey telecom solutions for enterprises and national & international long distance services to carriers. Bharti Airtel has 200 million customers across its operations. The company operates in four segments: Mobile Services, Telemedia Services, Enterprise Services, and Passive Infrastructure Services. With its beginnings in India, today Business Week has ranked Bharti Airtel among the six best performing technology companies in the world. With its unique business model Airtel has managed outsource its entire infrastructure and customer care back-end to IBM, Ericsson, Nokia- Siemens and Mphasis. This has significantly reduced operating costs and allowed faster roll-outs and improved margins. Airtel was also the first network provider to offer prepaid calling cards in India. ,Q$LUWHOFRPSOHWHGWKHDFTXLVLWLRQRI$IULFDQRSHUDWLRQVIURP.XZDLW¶V=DLQDQG began operating in Bangladesh and 16 African countries. This gives Airtel access toover 42.1 million customers, across the 16 countries in the African continent. The 10.5 billion dollar acquisition gives Airtel access to a new array of customers in a continent with one of the highest mobile growth rates in the world. While the India mobile market also presents tremendous opportunity, recently the market has grown highly competitive.
    [Show full text]
  • The In-House Magazine of Bharti Enterprises VOL-21 . ISSUE 2 . 2017
    The in-house magazine of Bharti Enterprises VOL-21 . ISSUE 2 . 2017 CHAIRMAN’SNOTE Dear Colleagues, iving back to the Society’ has been an Digital technologies are now an integral part of integral part of our DNA since inception. For our lives and rapidly changing the way we acquire ‘Gquite some time now, we were evaluating and experience products and services. No wonder our options to scale up our investments in Bharti businesses of every kind too have evolved to adapt to Foundation to widen the reach of its existing initiatives this new digital reality. As a leading corporate, we are and start new programs. We crossed a major milestone uniquely placed both as the leading provider of digital recently by pledging 10% of our wealth (approx. connectivity in India and across global markets and as Rs. 7,000 crores), including 3% of our family stake in user of this service to reach out to our customers across group flagship Bharti Airtel, towards supporting the products and service categories. With a strong heritage activities of Bharti Foundation. A significant part of the of market innovations and user friendly applications our corpus will be used to set up Satya Bharti University group companies continue to excel in leveraging new for Science and Technology which will complement the digital technologies to stay ahead of the curve. Foundation’s existing educational programs. I believe Airtel’s recent partnership with South Korea’s As the Chairman of ICC, I was recently invited to SK Telecom, the most advanced mobile broadband attend the ‘Heads of State’ lunch at the United Nations operator in the world will bring a dramatically improved (UN) which was attended by over 50 Heads of State experience to Airtel customers in India and put the including US President Trump, French President country at par with the most developed mobile Macron, Canadian PM Trudeau, Brazilian President broadband nations.
    [Show full text]
  • Abridged Annual Report 2018-19 Bharti Airtel Limited
    Abridged Annual Report 2018-19 Bharti Airtel Limited The Future of Digital Experiences Board of Directors Mr. Sunil Bharti Mittal Ms. Chua Sock Koong Mr. Craig Edward Ehrlich Mr. D. K. Mittal Chairman Non-Executive Director Independent Director Independent Director Mr. Gopal Vittal Ms. Kimsuka Narasimhan Mr. Manish Kejriwal Mr. Rakesh Bharti Mittal MD & CEO (India & South Asia) Independent Director Independent Director Non-Executive Director Mr. Shishir Priyadarshi Ms. Tan Yong Choo Mr. V. K. Viswanathan Independent Director Non-Executive Director Independent Director Chairman Member Committees Audit Committee Risk Management Committee HR & Nomination Committee Stakeholders’ Relationship Committee CSR Committee Committee of Directors Read Inside 02-15 16-55 Page Page Corporate Overview Statutory Reports 02 Corporate Information 16 Board’s Report 03 Performance Highlights 26 Management Discussion and Analysis 04 Message from the Chairman 06 Message from Managing Director & CEO (India & South Asia) 56-121 07 Message from CEO (Africa) Page 08 Corporate Social Responsibility Report Financial Statements 56 Abridged Standalone Financial Statements 96 Abridged Consolidated Financial Statements 121 Statement Pursuant to Section 129 of the Companies Act, 2013 Bharti Airtel Limited Abridged Annual Report 2018-19 Corporate Information Board of Directors Statutory Auditors Mr. Sunil Bharti Mittal, Chairman Deloitte Haskins & Sells LLP Ms. Chua Sock Koong Chartered Accountants Mr. Craig Edward Ehrlich Mr. Dinesh Kumar Mittal Internal Assurance Partners Mr. Gopal Vittal, Managing Director & CEO Ernst & Young LLP (India & South Asia) ANB & Co., Chartered Accountants Ms. Kimsuka Narasimhan Mr. Manish Kejriwal Cost Auditors Mr. Rakesh Bharti Mittal Sanjay Gupta & Associates Mr. Shishir Priyadarshi Cost Accountants Ms. Tan Yong Choo Mr.
    [Show full text]
  • Dr. Jai Menon Director, Bharti Airtel Group CIO, Bharti Enterprises Outline
    Dr. Jai Menon Director, Bharti Airtel Group CIO, Bharti Enterprises Outline START Bharti Enterprises – A Context 1 - Bold innovative models lend agility THEMES 2 - Replicability follows 3 - CIO leadership evolves FINISH Conclusions Outline Our Businesses TELECOM FINANCIAL RETAIL / OTHERS SERVICES SERVICES WHOLESALE Bharti Airtel Bharti AXA Life Ins Bharti Retail Bharti Del Monte India & SAARC Region Life Insurance Retail Agricultural Exports Bharti Infratel Bharti AXA Gen Ins Bharti Wal-Mart Beetel Teletech Passive Infra General Insurance Wholesale Cash and Carry Comm. and Media Devices Indus Towers Bharti AXA Investment Bharti Realty Passive Infra Sharing Managers Real Estate Asset Management Telecom Seychelles Bharti Telesoft Seychelles Islands Bharti Foundation Telecom Software Jersey Airtel CSR activities Bharti Learning Sys. Channel Islands Training & Development Guernsey Airtel Channel Islands Our Partners TELECOM FINANCIAL RETAIL / OTHERS SERVICES SERVICES WHOLESALE Outline Bharti Airtel consumerconsumer businessbusiness mobile broadband television smb enterprise DTH and IPTV businessbusiness parametersparameters ITIT parametersparameters Mar, 2004 Dec, 2008 Mar, 2004 Dec, 2008 Customers (M) 7 88 Servers 500 2,800 Revenues ($M) 1,113 6,752* Storage (TB) 125 2,500 Employees (K) 5.5 25.5 Bandwidth (MBPS) 550 11,500 Call center agents (K) 5 20 IT employees 300 175 CDRs/day (M) 150 2,700 Outsourced employees 15 3,500 * As of Mar, 2008 Outline Bharti Airtel continuouscontinuous innovationinnovation continuouscontinuous expansionexpansion
    [Show full text]
  • Bharti Airtel Q3 FY10 Earnings Review
    Earnings Update 27 January 2010 Bharti Airtel Q3 FY10 Earnings Review Recommendation : Marketperformer CMP : Rs 322 Price elasticity drives traffic growth Target : Rs 341 Bharti Airtel’s consolidated revenue for the quarter was at Rs Upside Potential : 5.9% 10,304 crore showing a marginal decline from Rs 10,355 crore in Sensex : 16,289 Q2 FY10. The operating metrics remained mixed. While the average realized rate per minute (ARPM) and average revenue per user (ARPU) dipped 7.8% and 8.6% QoQ, the Minutes of Usage (MoU) declined by just 0.9%, to 446 minutes compared to 450 Sector : Telecommunications minutes in the last quarter, thus showing elasticity to pricing. At the Bloomberg code : BHARTI IN end of the quarter the company had 118.86 million GSM mobile Reuters Code : BRTI.BO customers on its network, which accounted for a market share of 22.7% of the all India mobile market. The company has added 8.35 million mobile customers during the quarter. Bharti's share of net AT A GLANCE additions was 15.9% of all India wireless subscriber net additions (18.6% in sequential quarter). Issued Equity Capital (Cr. Shrs) : 379.68 Mkt. Cap (Rs. in Crs) : 1,22,225 Drop in Operating Margins lower than expected Major Shareholders The operating profit for the quarter was at Rs 4,044 crore compared Promoters (%) : 67.41% to Rs 4,223 crore in Q2 FY10. Higher marketing and administrative Free Float (%) : 32.59% expenses drove the expenditure by 2%. Consequently the operating margin was down by 154 bps to 39.24%.
    [Show full text]
  • Annual Report Please Accessed Through the Airtel Investor Relations App Log on to Available on the Iphone and Ipad
    2017-18 Integrated Report and Annual Accounts Bharti Airtel Limited Creating a digitally connected world About this Report As we take strides to strengthen our value creation philosophy Bharti Airtel through ‘Integrated Reporting’ in the coming years, for now we shall continue to disclose in-depth analysis of the material impact of our business operations on economic, social and Limited is pleased environmental indicators across the stakeholder fraternity through our Sustainability Report, which shall be published to present its first separately. Integrated Report. Reporting scope and period The Integrated Report covers information on business With this, we begin operations of Bharti Airtel Limited, aptly disclosed through six capitals as defined by International Integrated Reporting a journey aimed Council (IIRC). All the six capitals (except financial capital) cover information on India operations excluding Bharti Infratel to showcase Limited and Airtel Payments Bank Limited. The parameters for financial capital covered in this report are in relation to ‘Bharti the value we Airtel Limited’ on standalone basis. The Integrated Report considers the primary reporting period create for all our as April 01, 2017 to March 31, 2018. However, some of the sections of the report represent facts and figures of previous stakeholders. years to provide a comprehensive view to the stakeholders. Reporting framework The report follows the International <IR> Framework as developed by IIRC ( www.integratedreporting.org) and should be read in conjunction with the financial statements included herein and the notes thereto. The financial and statutory data presented is in accordance with the requirements of the Companies Act, 2013 (including the rules made thereunder), Indian Accounting Standards, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the applicable laws.
    [Show full text]