- Group Overview
- Vision and Values
- Corporate Governance
Founded in 1976, by Sunil Bharti Mittal, Bharti has grown from beinga manufacturer of bicycle partsto one of the largest and most respected business groups in India.With its entrepreneurial spirit andpassion to undertake business projects that are transformational innature, Bharti has createdworld-class businesses in telecom, insurance, and foods.
Bharti started its telecom services business by launching mobileservices in Delhi (India) in 1995.Since then there has been no looking back and Bharti Airtel, thegroup's flagship company, has emergedas one of the top telecom companies in the world and is amongst thetop three wireless operators inthe world.
Bharti Airtel has operations in *17 countries across Asia andAfrica– India, Sri Lanka, Bangladesh,Seychelles, Chad, Congo Brazzaville, Democratic Republic of Congo,Gabon, Kenya, Madagascar,Malawi, Niger, Nigeria, Rwanda, Tanzania, Uganda, and Zambia.
Over the past few years, Bharti has diversified into emergingbusiness areas in the fast expandingIndian economy. The group offers – life insurance and generalinsurance to customers across India.Bharti also serves customers through its fresh and processed foodsbusiness. The group has growinginterests in other areas such as mobile internet, real estate,training and capacity building, anddistribution of telecom / IT products.
What sets Bharti apart from the rest is its ability to forge strongpartnerships. Over the years someof biggest names in international business have partnered Bharti.Currently, Singtel, IBM, Ericsson,Nokia Siemens and Alcatel-Lucent are key partners in telecom. AXAGroup is the partner for theinsurance business and Del Monte Pacific for the processed foodsdivision.
Bharti strongly believes in giving back to the society. Itsphilanthropic arm, the Bharti Foundationis reaching out to approx. 2,70,000 students, engaging over 12,000teachers across 16 Indian statesthrough its initiatives in the education sector. The Foundation isalso involved in supportingsanitation and hygiene awareness initiative. Its sanitationinitiative, the ‘Satya Bharti Abhiyan’ isbenefitting close to 2,00,000 individuals in Punjab’s Ludhiana andAmritsar District.
Building a brighter tomorrow by:
- Always empowering and backing our people.
- Being loved and admired by our customers and respected by ourpartners.
- Transforming millions of lives and making a positive impact onsociety.
- Being brave and unbounded in realizing our dreams.
We respect the opinions and decisions of others. We encourage andback people to do their best.
We always strive to change the status quo. We innovate with newideas and energise with a strongpassion and entrepreneurial spirit.
We believe we must work with honesty, trust and the innate desireto do good.
We are driven by the desire to create a meaningful difference insociety.
We are ever willing to learn and adapt to the environment, ourpartners and the customers’evolving needs.
Bharti Enterprises Limited (including its group and Joint Venturecompanies) firmly believes in theprinciples of Corporate Governance and is committed to ensuresustainable, capital-efficient andlong-term growth thereby maximizing shareholder value. The company’scommitment towards compliance tothe highest governance standard is backed by an independent and fullyinformed board, comprehensiveprocesses, policies and communication. The Company ensures thatvarious disclosure requirements arecomplied with in ‘letter and spirit’ for effective CorporateGovernance.
We adhere to the highest levels of ethical business practices asarticulated by our Code of Conductso as to achieve our performance with integrity. Read the Bharti Codeof Conduct here
Office of the Ombudsperson
The Ombudsperson Office provides an independent forum and vigilmechanism under the law for allemployees and other stakeholders of the company to raise concerns andreport any breach orthreatened violation of the code. As required under the listingagreement and the Companies Act 2013and rules, it reports to the audit committee of the Board and isauthorized to investigatecomplaints suo moto on the basis of information filed with theOmbudsperson Office.
Any stakeholder (employee, associate, strategic partner, vendor)who observes unprofessionalbehavior can approach the Ombudsperson Office to voice his or herconcerns. The complainant may beeither an observer who is not directly impacted, or a victim who isdirectly or indirectly affectedby such practices.
The Office aims to provide a fair and equitable redressalmechanism. The process is designed tooffer protection to the complainant provided the disclosure is madein good faith and the allegedaction constitutes a genuine and serious breach of Bharti Code ofConduct. The Ombudsperson willtreat all disclosures in a confidential and sensitive manner.
A person can raise a concern, either verbally or in writing bygiving background of theunprofessional conduct, reasons for raising the concern, the identityof the individuals who may beinvolved and documentary evidence, wherever available.
Complaints may be sent in either of these forms:
In writing (through hard copy mail) to:
Bharti Enterprises Ltd.
1, Nelson Mandela Road
Vasant Kunj, Phase II
New Delhi – 110 070
In writing (through email) to a secure
email id, firstname.lastname@example.org
To read the full Bharti Code of Conduct,
please Click here.
- Sunil Bharti MittalFounder andChairman
- Rakesh Bharti MittalVice-Chairman
- Rajan Bharti MittalVice-Chairman
- Akhil GuptaVice-Chairman, Bharti Enterprises
- Rajesh SudManaging Director, Financial Services
- Deven KhannaJoint Managing Director, Bharti Enterprises
- Harjeet KohliJoint Managing Director, Bharti Enterprises
- Mamta SaikiaCEO, Bharti Foundation
Airtel Africa lists on the London Stock Exchange and on theNigerian Stock Exchange
MERGER OF BHARTI INFRATEL AND INDUS TOWERS: CREATING A LISTEDPAN-INDIA TOWER COMPANY
Bharti Airtel signs agreement to acquire Millicom’s operations inRwanda
Bharti Family pledges 10% of their wealth (approx. Rs 7000crores) towards Philanthropy
Shri Arun Jaitley, Hon’ble Union Minster of Finance and CorporateAffairs formally launchesAirtel Payments Bank’s national operations
Tata and Bharti to Combine Consumer Telecom Business
Airtel launches ‘Internet TV’ for Digital Homes
Bharti Airtel acquires Tikona Networks’ 4G Business
Bharti Airtel acquires Telenor India
Wynk Music crosses 50 million users milestone
Bharti Airtel and Millicom sign agreement to combine operationsin Ghana
India's first Payments Bank goes LIVE – Airtel Payments Bankstarts pilot services in Rajasthan
Bharti Airtel Tops Transparency International's CorporateReporting and Transparency listing oftop 100 Emerging Market MNCs
In an industry first, Airtel announces self-regulation on Qualityof Service
Bharti Enterprises launches initiative to provide legal andfinancial assistance includingawareness to underprivileged undertrials
Airtel now becomes the third largest mobile operator in the world
Bharti joins OneWeb's mission to build a new globalcommunications system to provide affordableInternet access for all
SoftBank, Bharti and Foxconn to Form Joint Venture for RenewableEnergy in India
Future Retail and Bharti Retail Announce the Merger of theirRetail Businesses
Airtel crosses 200 million mobile customer mark in India
Airtel launches its first 4G service in Africa
Airtel Seychelles amongst Africa's first state-of-the-art FD-LTEnetworks to deliverbest-in-class wireless broadband experience
Bharti Airtel hives of Data Centre and Managed Services (DCMS)business to create a wholly-ownedsubsidiary Nxtra Data Limited
Airtel acquires Warid's Uganda Operations
Bharti Airtel announces long-term strategic investment from QatarFoundation Endowment
Airtel acquires Warid's Congo Brazzaville Operations
Airtel launches India's first 4G service in Kolkata
Airtel launches mobile services in Rwanda
Bharti Airtel becomes the fourth largest mobile operator in theworld
Bharti Airtel crosses 200 million customer (mobile, fixed line &DTH) milestone in India
Bharti and Qualcomm announce partnership for 4G
Airtel launches 3G service in India
Airtel crosses 50 million customers mark in Africa
Bharti Airtel unveils new youthful and dynamic global identity –'airtel'
Bharti Airtel acquires 70% stake in Warid Telecom, Bangladesh.
Bharti Airtel acquires the mobile operations of Zain in 15African countries. Becomes the fifthlargest mobile operator in the world.
Bharti Airtel launches its services in Sri Lanka (2G/3G network).
Bharti Foundation sets up Bharti Centre for Communication inpartnership with Indian Institute ofTechnology, Mumbai.
Bharti Airtel and Alcatel-Lucent form JV to manage BhartiAirtel's pan-India Broadband andTelephone services.
Bharti Walmart launches first Cash & Carry Store under Best PriceModern Wholesale brand.
Bharti Telesoft renamed 'Comviva.'
Bharti Airtel launches iPTV service; Digital TV interactive.
Bharti Airtel crosses the 100 million telecom customers mark.
Bharti launches its first set of retail stores in Ludhiana underthe 'easy day' brand.
Bharti crosses 60 million telecom customers landmark.
Bharti launches services in Guernsey, Channel Islands.
Eight leading international leading PE funds pick up stake worth$1.25 billion in Bharti Infratel– Bharti's tower infrastructure company.
Bharti becomes the fastest private telecom company in the worldto cross the 50 million mark.Enters the league of top 5 mobile companies in the world.
Bharti launches Mobile Money Transfer pilot project in India inpartnership with GSMA.
Bharti outlines strategic roadmap for its Retail venture. Commitsinvestment of up to US $ 2 to2.5 billion by 2015.
Bharti joins hands with Idea and Vodafone to form Indus Towers –an independent towerinfrastructure company.
Bharti and Wal-Mart Stores, Inc. form a joint venture BhartiWal-Mart Private Limited, forwholesale cash-and-carry and back-end supply chain managementoperations in India.
Bharti brings in Del Monte as a strategic partner in FieldFreshto enhance focus in the processedfood segment.
Bharti makes its European debut. Launches mobile services inJersey, Channel Islands.
Bharti Teletech manufactures its 20 millionth telephone.
Bharti received licence to offer Direct to Home (DTH) SatelliteTV services in India.
Jersey Airtel launches services, brings a range Of innovativeproducts and services to customersin Jersey under Airtel-Vodafone brand.
Sunil Bharti Mittal conferred Padma Bhushan, one of India'shighest civilian honours.
Bharti and AXA form joint ventures to launch General Insuranceand Asset Management services inIndia.
Bharti wins licence to offer mobile services in Sri Lanka.
Bharti Telesoft acquires Jatayu Software.
Bharti and Wal-Mart sign Memorandum of Understanding to jointlyexplore Retail opportunities inIndia.
Bharti becomes the first Indian telecom operator to launch 3Gservices, starts 3G operations inSeychelles.
Bharti wins mobile service provider licence in Jersey andGuernsey, Channel Islands, Europe.
Bharti Axa Life Insurance launches national operations.
Bharti and its Associates commit a corpus of Rs 200 crores toBharti Foundation to provideeducation to underprivileged children in villages across India.
Bharti Televentures rechristened as Bharti Airtel.
Bharti becomes India's first mobile service provider to completea national footprint in all 23telecom circles.
Vodafone picks up 10% equity interest in Bharti for $1.5 billion,making it the single largestforeign investment in the country.
Bharti continues to build on its successful business model basedon outsourcing. Enters intoagreement with four global BPOs - Hinduja TMT, IBM-Daksh, Mphasis &Teletech Services - and Nortelto provide world-class customer care services.
Bharti marks its foray into financial services. Forms jointventure with AXA of France to offerlife insurance products.
Bharti and IBM announce a Joint Go to Market program to offermanaged services in India.
WestBridge Capital Partners, Sequoia Capital and Cisco Systemspick up 10% stake in BhartiTelesoft.
Bharti, in a first in the telecom industry, signs a 10 yearcomprehensive IT outsourcing dealwith IBM.
Bharti heralds a new paradigm in telecom, outsources mobilenetwork to Ericsson and Nokia inmutli-million dollar managed networks deals.
Bharti clocks revenues in excess of a billion dollars annually.Registers profits in excess of$150 million.
Bharti & Rothschild form a 50:50 JV – FieldFresh- for linkingIndia's farms to the world.
Bharti launches mobile services in Uttar Pradesh (East), WestBengal, Jammu & Kashmir and Orissa.
Airtel exclusively brings globally acclaimed Blackberry to India.
Bharti Televentures unveils a unified branding strategy for alltelecom services with Airtel asthe flagship brand.
Bharti enters the business outsourcing segment. Forms TeletechServices Ltd in partnership withTeletech Holdings (USA).
Airtel becomes India's largest GPRS network.
Bharti goes public, completes India's first 100% book buildingissue and gets listed on theNational stock Exchange, Bombay Stock Exchange and the Delhi StockExchange on February 18, 2002.
Bharti launches mobile services in Gujarat, Haryana, Kerala,Madhya Pradesh circle, Maharashtra,Mumbai, Punjab, Tamil Nadu, Uttar Pradesh (West).
Bharti enters into a license agreement with the DoT to provideInternational Long Distanceservices in India. Becomes India's first private telecommunicationsservices provider to launchInternational Long Distance services.
Bharti launched fixed-line services in the Delhi, Haryana,Karnataka and Tamil Nadu.
Bharti wins mobile service provider licences in 8 circles andfixed-line service providerlicences in 4 circles. Bharti's mobile service provider licence inPunjab is restored.
Bharti acquires Spice Cell and enters the Kolkata circle.
Bharti Telesonic launches National Long Distance services underthe 'IndiaOne' brand.
Bharti launched "Touch Tel" its fixed line service brand,launches fixed line services inHaryana.
Forms joint venture with SingTel for a submarine cable landingstation between India andSingapore.
SingTel, Warburg Pincus, AIF, IFC, NYLIFand Seejay Cellular makeequity investments ofapproximately US$ 481.30million in Bharti Tele-Ventures and throughBharti Telecom.
Bharti acquires British Telecom's equity interests in BhartiCellular, Bharti BT and Bharti BTInternet.
Bharti acquires three additional ISP licenses.
Bharti Telesonic enters into a license agreement with DoT toprovide national long distanceservices across India.
Bharti and Singtel, Asia's leading telco, form strategicpartnership. Singtel invests $ 400million in Bharti.
New York Life International acquires a 3% equity interest inBharti Cellular.
Bharti acquires majority stake in SkyCell, establishes presencein the Chennai circle.
Bharti and Singtel announce a $650 million partnership forundersea optic fibre cable betweenIndia and Singapore.
Bharti and Singtel form Bharti Telesonic to operate and manageNational Long Distance operations.
Mantra Online launches India's first International SatelliteGateway.
Warburg Pincus, a leading international private equity investor,picks up stake in BhartiTele-Ventures.
Bharti acquires a controlling stake in JT Mobiles, establishedfootprint in the states of AndhraPradesh and Karnataka.
Bharti BT Internet launches ISP services in Delhi, Mumbai andBangalore under the 'Mantra online'brand.
Airtel launches fixed line services in Raipur and Jabalpur in thestate of Madhya Pradesh.
Bharti becomes the first Indian company to offer telecom servicesin international markets.Launches mobile services in Seychelles.
Bharti launches India's first private fixed line service inIndore, Madhya Pradesh.
British Telecom consolidates its equity interest in BhartiCellular to 44%.
Bharti BT Internet, a joint venture of Bharti Telecom and BritishTelecom, formed for providingISP services.
Bharti commissions India's first private sector transmissionnetwork between Bhopal and Indore.
British Telecom acquires equity interest in Bharti Cellular.
Airtel becomes the first mobile service provider in the countryto cross the 100,000 customersmark.
Bharti gets licence to provide comprehensive telecom services inSeychelles.
Bharti wins fixed-line service provider licence for MadhyaPradesh. Becomes the first privatecompany in India to win a fixed-line licence.
Bharti Telecom and British Telecom form joint venture - Bharti BTLtd. – for offering VSATservices.
Bharti-Duraline commences operations. Becomes the first companyin India to manufacture HDPESilicore Ducts.
Bharti Telecom emerges as the largest manufacturer of telephonesin India with a capacity of200,000 units.
Airtel launched mobile services in the state of Himachal Pradesh,the first by any private telco.
Telecom Italia acquires 20% equity interest in BhartiTele-Ventures.
Bharti Telenet bids for fixed line licence in the state of MadhyaPradesh.
Bharti forays into manufacture of HDPE Silicore ducts. Forms ajoint venture with Dura-Line Corp,USA.
Bharti launches Delhi's first GSM mobile services under theAirtel brand.
Forms consortium with Telecom Italia to bid for cellular andfixed-line services under BhartiTelenet.
Bharti joins forces with Siemens to market telephone terminalsunder SIEMENS and BEETEL brandnames.
Bharti Tele-Ventures is incorporated.
Bharti wins GSM mobile service provider licence for Delhi NCR.
Bharti Telecom's Ludhiana factory gets ISO 9002 accreditation.
Bharti Telecom's Gurgaon factory becomes the first manufacturerof push button phones to beawarded ISO 9002 accreditation.
Bharti provides technical assistance to Uganda for manufacture ofpush button phones.
Bharti Cellular Ltd. is born. Bharti forms a consortium withSFR-France, Emtel-Mauritius andMSI-UK, to bid for mobile service provider licenses in Indianmetros.
Bharti Telecom's products reach international markets. Companysigns OEM contract with Sprint,USA for manufacture and export of telephone sets.
Bharti ties-up with Lucky Gold Star, South Korea to become thefirst company in India tomanufacture cordless telephones.
Bharti ties-up with Takacom Corporation, Japan to become thefirst company in India tomanufacture telephone answering machines.
Bharti makes it entry into the telecom sector with BhartiTelecom. Enters into a technical tie-upwith Siemens AG of Germany and becomes the first company in Indiato manufacture electronic pushbutton telephones in Gurgaon.
Bharti Telecom's Ludhiana factory commences operations formanufacturing push button phones.
Bharti also makes an entry into India's pharma sector with BhartiHealthcare, which manufacturesempty hard gelatin capsules.
Bharti Overseas Trading Corporation set up. Bharti imports andmarkets stainless steel products,brass and plastic products, and zip fastners etc.
Bharti ties up with Suzuki, Japan to import and distributeportable gensets. By 1984 Bharti isthe largest importer of portable gensets in India.
Bharti Enterprises founded by Sunil Bharti Mittal.
Starts as a small scale manufacturing unit for bicyclecomponents. Diversifies into production ofyarn, stainless steel sheets for surgical utensils.