sunilmittal final ppt01
TRANSCRIPT
BIOGRAPHY OF “SUNIL MITTAL”
A POWERPOINT PRESENTATION ON
BYPARIKSHIT PANDHARKARKAPIL PUROHITVIJAY SAHANE
SUNIL MITTAL
INTRODUCTION
Full Name: Full Name: SUNIL BHARTI MITTALSUNIL BHARTI MITTAL
Born: Born: OCTOBER 23, 1957OCTOBER 23, 1957
Birth PlaceBirth Place: : LUDHIANA, PUNJABLUDHIANA, PUNJAB
Ethnicity: BANIYA
Religious Beliefs: HINDU
Son of: SAT PAUL MITTALSon of: SAT PAUL MITTAL
Residence: Residence: DELHIDELHI
Education: Education: BACHELOR OF ECONOMICS & POLOLITCALBACHELOR OF ECONOMICS & POLOLITCAL
SCIENCE,FROM UNIVERSITY OF PUNJAB.SCIENCE,FROM UNIVERSITY OF PUNJAB.
Occupation: FOUNDER,OWNER,CHAIRMAN and CEO of Occupation: FOUNDER,OWNER,CHAIRMAN and CEO of BHARTI BHARTI
GROUP.GROUP.
PERSONAL LIFE
Age:Age:53 years53 years
Maratial Status: Maratial Status: MARRIEDMARRIED
Spouse: Spouse: NYNA MITTALNYNA MITTAL
Children: Children: 3 CHILDREN, EIESHA and TWINS3 CHILDREN, EIESHA and TWINS
SHARWIN& KAVIN.SHARWIN& KAVIN.
He is superstitious about the number 23, as he He is superstitious about the number 23, as he was born was born
on the 23rd and also got married on the 23rd.on the 23rd and also got married on the 23rd.
He also becomes vegetarian before any big He also becomes vegetarian before any big venture.venture.
PERSONAL LIFE
EARLY LIFEEARLY LIFE
A story behind his middle name……A story behind his middle name……
His parents had an intercaste marriage, which His parents had an intercaste marriage, which created a brouhaha created a brouhaha
at that time, forcing them to adopt the surname at that time, forcing them to adopt the surname Bharti. Bharti.
Sunil Bharti reclaimed the surname Mittal much Sunil Bharti reclaimed the surname Mittal much later in life.later in life.
A Kick Start With Rs.20,000....A Kick Start With Rs.20,000....
Sunil’s Father was a M.P from Ludhiana Sunil’s Father was a M.P from Ludhiana
Sunil did not want to follow his father's footstepsSunil did not want to follow his father's footsteps
He had shown an interest in business even He had shown an interest in business even
from his teenage days.from his teenage days.
Sunil got together with his Sunil got together with his
friend and formed a small bicycle business friend and formed a small bicycle business
with borrowed capital in the1976.with borrowed capital in the1976.
But, by 1979, he moved out of Ludhiana,But, by 1979, he moved out of Ludhiana,
spent a few years in Bombay.spent a few years in Bombay.
A TRIP TO JAPAN…….A TRIP TO JAPAN…….
In 1982 …In 1982 …
He acquired an import license in an otherwise He acquired an import license in an otherwise
closed economy. closed economy.
But till 1983 gov. Banned the import of generators.But till 1983 gov. Banned the import of generators.
He got interested in Push button phones while He got interested in Push button phones while
his trip to taiwan. his trip to taiwan.
Replaced the Rotatory bulky phonesReplaced the Rotatory bulky phones..
Incorporation of BTL….
In '83-84 was set up the first company, Bharti Healthcare, making capsules.
In 1986 BTL)entered into a technical tie up with Siemens AG of Germany for manufacture of electronic push button phones.
Bharti Telecom Limited(BTL) incorporated .
TURNING POINT…
Turning Point……
The big break into the telecom sector happened by accident….
In1992 when Indian gov. was awarding 4 licenses for mobile phone services.
A deal with Vivendi to qualify for bid.
(BCL) was formed to offer cellular services under the brand name
Bharti truely Bhartiya……
Bharti became the first tel co. to cross the 2 million mobile subcscriber mark
The MAGIC by airtel provided cheaper call rates.
TheIndiaOne plan reduced STD/ISD calling rates in India
His Airtel is still the number one telecom company
Mittal also launched the Bharti Airtel's Digital TV.
Type Public (BSE: 532454)
Industry Telecommunications
Founded 7 July 1995 (1995-07-07)
Headquarters New Delhi, India
Area served Asia & African countries
Products
Wireless
Telephone
Internet
Satellite television
Revenue ▲ US$ 7.254 billion (2009
Operating income ▲ US$ 2.043 billion (2009)
Net income ▲ US$ 1.662 billion (2009)
Total assets ▲ US$ 11.853 billion (2009)
Employees 25,543 (2009)
Parent
Bharti Enterprises (63.56%)
SingTel (32.04%)
Vodafone (4.4%)
N O I S S I M
Company will meet the mobile communication Needs of his customers through error free service delivery
Bharti AirTel, India’s leading private integrated telecom company, has been at the forefront of the telecomrevolution and has transformed the telecom sector with its world-class services built on leading edge technologies.Bharti has been a pioneering force in the telecom sector and today enjoys a strong nationwide presence.
Bharti AirtelBharti TeletechTelecom Seychelles Comviva Technologies LtdFieldfresh Foods Pvt. Ltd.Bharti Retail Pvt Ltd BhartiAXA Insurance Co.Centum Learning Ltd.Jersey Airtel Ltd.Bharti FoundationBharti RealtyBharti Infratel
Bharti Brands……
Major Deals……
Walmart JV
MTN
Warid
Zain
ON 1st OCTOBER 09 Bharti & MTN deal went off What went wrong ?
1. India’s inability to allow dual listing of a merged entity that may have addressed South African concerns.
2. MTN into unexpected additionalexpenditure on making open offer for Bhartishares.
3. MTN minority shareholders were backingthe deal.
BHARTI & MTN DEAL……
TypePublicBSE: 532454
Founded 1985Founder(s) Sunil MittalHeadquarters New Delhi, India
Products
TelecommunicationsRetailInsuranceDigital TVMobile phones
Revenue ▲ US$ 10 billion (2009)
Profit▲ US$ 1.11 billion (2009)
Subsidiaries
Bharti AirtelFieldFresh Foods Pvt. Ltd
Bharti RetailBharti AXA General Insurance
Bharti AXA Life Insurance
Bharti AXA Investment Centum Learning LimitedBharti FoundationBharti RealtyBharti Infratel
Achievements……
Sunil Mittal can be called as originator of cellular phone revolution in India.
He runs India's largest GSM-based mobile phone service.
Today Bharti Group runs with a market capitalization of nearly $ 2 billion and employing over 5,000 people.
Its Bharti airtel is the leader in telecommunication sector.
6th Richest Man in the country ……
51th most powerful person in the world…..
PHILANTHROPY
He is opening a Football academy in Haryana or Goa .
Mantra of success lies just in these two lines ……
“Doing what you like and Loving what you do.´”
- Sunil Mittal
AWARDS……
Sunil Bharti Mittal was chosen as one of the top entrepreneurs in the world for the year 2000 and amongst 'Stars Of Asia', by 'Business Week'.Congress IT Man of the Year Award 2002 from Dataquest
CEO Of the Year, 2002 Award from World HRD
Ernst & Young Entrepreneur Of The Year 2004”, Ernst & Young
Best Asian Telecom CEO”, Telecom Asia Awards 2005
Best CEO, India”, Institutional Investor, 2005
Business Leader Of The Year”, Economic Times, 2005
Telecom Person of the Year, Voice & Data, 2006
Padma Bhushan in 2007, from the President of India
And the latest Business Innovator of the year 2010 by NDTV
Mantra of success lies just in these two lines
“Doing what you like and loving what you do” - Sunil Mittal
ANY QUERIES
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