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.
Sunil Mittal-promoted Bharti Teletech has been presented the Electronics and Computer Software Export Promotion Council award for achieving the highest exports in telecommunications equipment during 2001-02.
The Bharti Foundation and its associates have decided to open 1,000 primary schools in villages across the country with an investment of Rs 200 crore (Rs 2 billion).
Bharti Televentures Ltd has appointed Sunil Bharti Mittal, Rajan Mittal and Akhil Mittal as the directors of the company.
Amid the ongoing controversy over outsourcing to India, Atlinks has entered into an alliance with Bharti Teletech as part of which the latter would manufacture fixed line phones for Atlinks for global exports.
Amid the ongoing controversy over outsourcing to India, Atlinks has entered into an alliance with Bharti Teletech as part of which the latter would manufacture fixed line phones for Atlinks for global exports.
Measures to promote ease of doing business, cut in tax rates for smaller enterprises to 25 per cent, and reduction in interest rates are creating the right atmosphere for new businesses to flourish, particularly SMEs.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
According to the 2011 census, 67 per cent of rural households and 13 per cent of urban households defecate in the open.
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