Globalisation:Bharti Enterprises

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Bharti Enterprises

Bharti Enterprises is one of India’s leading business groups with interests in telecom, agri business, insurance and retail.


Bharti Enterprises has successfully focused its strategy on telecom while straddling diverse fields of business. From the creation of 'Airtel', one of India's finest brands, to becoming the largest manufacturer and exporter of world class telecom terminals under its 'Beetel' brand, Bharti has created a significant position for itself in the global telecommunications sector. Bharti Airtel Limited is today acknowledged as one of India's finest companies, and its flagship brand 'Airtel', has over 57 million customers across the length and breadth of India.

While a joint venture with TeleTech Inc., USA marked Bharti’s successful foray into the Customer Management Services business, Bharti Enterprises’ dynamic diversification has continued with the company venturing into telecom software development.

Bharti has a venture 'FieldFresh Foods (P) Ltd.' with Del Monte Foods India Pvt. Ltd., to offer fresh and processed fruits and vegetables in the domestic as well as international markets including Europe, USA and Middle East.

Bharti has a joint venture - Bharti AXA Life Insurance Company Ltd. - with AXA, world leader in financial protection and wealth management. Bharti also has a joint venture for an asset management company - Bharti AXA Investment Managers Private Ltd. - with AXA IM and AXA APH.

Bharti has recently forayed into retail business under a company called Bharti Retail Pvt. Ltd. It also has a joint venture - Bharti Wal-Mart Private Ltd. - with Wal-Mart for wholesale cash-and-carry and back-end supply chain management operations in India. [1]

  1. various enterprises, accessed 14 February 2008


Organisation Structure

Sunil Bharti Mittal - Chairman & Group CEO


Group Lead Directors

Akhil Gupta - Managing Director Rakesh Bharti Mittal - Vice Chairman Badri Agarwal - Director Rajan Bharti Mittal - Managing Director

[1]


Wal-mart's anti environmental track record

But Wal-Mart gives millions of dollars in political contributions to candidates who oppose environmental protection. How can the company expect to be taken seriously on its environmental commitments when its political actions are so clearly aimed in the opposite direction? From Congress to the White House, [[Wal-Mart]'s] campaign dollars are supporting an anti-environmental agenda far different than the company’s new public relations campaign would have Americans believe.

During the 2006 election cycle, Wal-Mart contributed to 187 Members of Congress who voted against improving fuel efficiency standards for cars and light trucks.

In addition, Wal-Mart contributed to 206 Members of Congress who voted for the 2005 Energy Bill in the 109th Congress. This legislation is considered one of the most harmful anti-environmental pieces of legislation in the past decade. Not only does the bill fail to include meaningful solutions to our energy and global warming problems, but it would also turn back the clock by weakening environmental laws and giving away billions in tax breaks and subsidies to oil, gas and coal companies. [2]

Notes

  1. structure organisation, accessed 14 February 2008
  2. Wal-Mart's contributions to anti-environmental Candidates, accessed 19 Febnruary 2008