'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'
Rajan Bharti Mittal, vice-chairman and managing director of Bharti Enterprises took over as president of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of its 82nd annual general meeting (AGM).
Calling for a strong collaboration between industry, the Centre and states to tide over infrastructure gaps, he said it is time the country catapulted itself into a major manufacturing hub by positioning it as an alternative to China, which is the world's factory now.
Bharti Enterprises has had a joint venture with Walmart in the wholesale trade for years in India.
Bharti Televentures Ltd has appointed Sunil Bharti Mittal, Rajan Mittal and Akhil Mittal as the directors of the company.
Rajan Mittal, was removed from his post during the term of the Akhilesh Yadav government following complaints. But he was reinstated when the BJP government came to power last year.
Bharti Enterprises vice chairman and managing director Rajan Mittal said most of these will be Easyday stores.
Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.
With the deadline to bid for the airport modernisation project drawing closer, one of the pre-qualified bidders Bharti on Friday said it would prefer bidding for Delhi airport.
We are already seeing pressure of inflation, we also seeing slowdown in manufacturing, hope excise rates are not increased because that will get passed to the consumer.
A home in Mumbai or Delhi or one in New York? Or perhaps one in London or Dubai? Take your pick because they all now cost nearly the same.
Rajan has shifted from the conventional ground floor room occupied by CEAs to a room on the first floor, adjacent to Chidambaram's office.
Bharti Retail exuded confidence that it is 'on course' to become a billion dollar company by 2015, and will open 40 more stores in the next three months notwithstanding the economic slowdown.
Buoyed by 8.8 per cent growth of the Indian economy in the first quarter this fiscal, industry on Tuesday said the GDP may expand by around 9 per cent during 2010-11, but cautioned against certain weak areas like financial services.
Bharti Retail, a subsidiary of Bharti Enterprises, on Monday said it will increase the head count to 60,000 by 2015 from 2,000 now as it has set a target to become a $1-billion company by then.
Bharti Wal-Mart Pvt Ltd, the joint venture between Bharti Enterprises and retail giant Wal-Mart, opened its first cash-and-carry (wholesale) store in India at Amritsar.
Bharti Wal-Mart Pvt Ltd, the joint venture between Bharti Enterprises and retail giant Wal-Mart, opened its first cash-and-carry (wholesale) store in India at Amritsar in Punjab on Sunday.
Bharti Tele-Ventures Ltd, which runs GSM mobile services under the Airtel brand name, would invest around $1 billion this financial year for its capital expenditure plans.
Telecom tariffs are likely to come down further with the Telecom Regulatory Authority saying on Wednesday that it would recommend lower access deficit charge
It's certainly not the way the world' s largest retailer would have wanted to enter India. But it's nonetheless a turning point for the Indian retail market.
India's leading mobile operator Bharti Airtel Ltd will invest Rs 200 crore (Rs 2 billion) in Jammu and Kashmir during 2006-07 as part of moves to double its subscriber base in the state.
Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
Home minister heads several groups of ministers, including the one to decide the revival package for Bharat Sanchar Nigam and Mahanagar Telephone Nigam. His ministry also takes decisive calls on national security in relation to telecom operations as well as equipment and technology used in the industry.
The additional director general of police (security), however, said in an order on Friday that the security personnel were 'being withdrawn on a purely temporary basis in connection with an emergent law and order duty'.
Indian industrialists would take up the outsourcing issue during the Indo-US Private Sector Advisory Group meeting in Washington on Tuesday, Federation of Indian Chamber of Commerce and Industry president Rajan Bharati Mittal said.
Mittal said any company, which does business that can cause loss of life of a magnitude where an entire township could be wiped out, needs to be responsible enough not only on technology but also that the backup is enough.
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala.
For 2016, India's rank in ease of doing business has improved.
Bharti Enterprises, which has tied-up with Wal-Mart, on Friday said discussions are on over business arrangement with the US firm for their retail venture.
A sharp dresser, with a prominent jawline, Kohli will now have to contend with aggressive competition from Vodafone-Essar, perhaps the toughest so far in his career.
Asked for comments about Commerce and Industry Minister Anand Sharma informing the Rajya Sabha in September that Wal-Mart had made the investment in Cedar via its Mauritius arm but the RBI had no FDI data of the same, Mittal said: "I have no idea. We have given everything what is required".
Plans outlets smaller than in the US, with mostly Indian products, and a desi nameplate.
Federation of Indian Chambers of Commerce and Industry president and Bharti Enterprises vice president Rajan Bharti Mittal chaired a symposium on corporate leadership on climate change in the presence of the Prince of Wales, who is here in connection with the Commonwealth Games.
India Inc on Tuesday described Finance Minister Pranab Mukherjee as industry's Sachin Tendulkar saying the veteran leader was steering the economy "with ease of a seasoned player" in difficult times.
The world has changed from G7 to G8 to G20, where India plays a key role.
"We are interested in states like West Bengal, but the government does not seem enthusiastic about this.Currently, we are looking at states which are more proactive and have invited us in setting up this venture," said Rajan Bharti Mittal, vice chairman and managing director of Bharti Enterprises.
In a pre-Budget meeting with Revenue Secretary Sunil Mitra, Ficci President Rajan Bharti Mittal said in view of the looming threat of a double-dip recession and another slowdown in western countries, the stimulus should not be rolled back in the Budget in February.
