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23.Related Party Disclosures :<br />
In accordance with the requirements of Accounting<br />
Standards (AS) -18 on Related Party Disclosures, the<br />
names of the related parties where control exists and/or<br />
with whom transactions have taken place during the year<br />
and description of relationships, as identified and certified<br />
by the management are:<br />
List of Related Parties:<br />
Key Management Personnel :<br />
Sunil Bharti Mittal<br />
Manoj Kohli<br />
Sanjay Kapoor (w.e.f. March 1, 2010)<br />
Other Related Parties<br />
Name of the Related Party and Relationship<br />
Subsidiary Companies<br />
Bharti Hexacom Limited<br />
Bharti <strong>Airtel</strong> Services Limited<br />
Bharti Telemedia Limited<br />
Bharti <strong>Airtel</strong> (USA) Limited<br />
Bharti <strong>Airtel</strong> Lanka (Private) Limited<br />
Bharti <strong>Airtel</strong> (UK) Limited<br />
Bharti <strong>Airtel</strong> (Canada) Limited<br />
Bharti <strong>Airtel</strong> (Hongkong) Limited<br />
Bharti Infratel Limited<br />
Network i2i Limited<br />
Bharti <strong>Airtel</strong> Holdings (Singapore) Pte Limited<br />
Bharti <strong>Airtel</strong> (Singapore) Private Limited<br />
Bharti International (Singapore) Pte Limited<br />
(subsidiary of Bharti <strong>Airtel</strong> Holdings (Singapore)<br />
Pte Limited)<br />
Bharti <strong>Airtel</strong> International (Netherlands) B.V<br />
(subsidiary of Bharti International (Singapore)<br />
Pte Limited) *<br />
Warid Telecom International Limited<br />
(subsidiary of Bharti <strong>Airtel</strong> Holdings (Singapore)<br />
Pte Limited)*<br />
Bharti Infratel Lanka (Private) Limited<br />
(subsidiary of Bharti <strong>Airtel</strong> Lanka (Private) Limited)<br />
Bharti Infratel Ventures Limited<br />
(subsidiary of Bharti Infratel Limited)<br />
Associates<br />
Alcatel-Lucent Network Management Services<br />
India Limited *<br />
Bharti Teleports Limited<br />
Joint Venture/Joint Venture of Subsidiary<br />
Forum I Aviation Limited<br />
Indus Towers Limited<br />
Bridge Mobile Pte Limited<br />
Entities where Key Management Personnel exercises<br />
significant influence / Group Companies<br />
Beetel Teletech Limited<br />
(formerly Bharti Teletech Limited)<br />
Bharti <strong>Airtel</strong> Employees Welfare Trust<br />
(formerly Bharti Tele-ventures Employees<br />
Welfare Trust)<br />
Bharti Axa General Insurance Company Limited<br />
Bharti Axa Investment Managers Private Limited<br />
Bharti Axa Life Insurance Company Limited<br />
Bharti Enterprises Limited<br />
Bharti Foundation<br />
Bharti Realty Holdings Limited<br />
(formerly Tamarind Projects Private Limited)<br />
Bharti Realty Limited<br />
(formerly Bharti Realty Private Limited)<br />
Bharti Retail Limited<br />
(formerly Bharti Retail Private Limited)<br />
Bharti Wal-Mart Private Limited<br />
Centum Learning Limited<br />
Comviva Technologies Limited<br />
Fieldfresh Foods Private Limited<br />
(formerly Bharti Del Monte India Private Limited)<br />
Guernsey <strong>Airtel</strong> Limited<br />
Jataayu Software Limited<br />
(merged with Comviva Technologies Limited<br />
w.e.f 01-04-2008)<br />
Jersey <strong>Airtel</strong> Limited<br />
Telecom (Seychelles) Limited<br />
Entity having significant influence<br />
Singapore Telecommunications Limited<br />
Pastel Limited<br />
Bharti Telecom Limited<br />
* Refer Note 2 on Schedule 22