AXA Asia Pacific Holdings (through NMIPL)
National Mutual International Pty. Limited (NMIPL) is wholly owned subsidiary of AXA APH. AXA Asia Pacific Holdings Ltd. (AXA APH) is listed on the Australian stock exchange and is 52.3% owned by AXA SA. AXA APH is responsible for AXA SA’s life insurance and wealth management businesses in the Asia-Pacific region. It has operations in Australia, New Zealand, Hong Kong, Singapore, Indonesia, Philippines, Thailand, China, India and Malaysia. AXA APH had A$83.9 billion in total funds under management and administration as on 31 December 2008 and reported a profit after tax of A$278.7 million for the year ending, December 2008. (Source: AXA APH)
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Bharti Ventures Limited
Bharti Ventures is a part of Bharti group, one of India’s leading business groups with interests in telecom, agri business, insurance and retail. Bharti has been a pioneering force in the telecom sector with many firsts and innovations to its credit. Bharti Airtel Limited, a group company, is one of India’s leading private sector providers of telecommunications services with an aggregate of 137.6 million customers as of March 10 and total revenue of Rs. 396,150 million, spanning mobile, fixed line, broadband and enterprise services. Bharti Teletech is the country’s one of the largest manufacturer and exporter of telephone terminals. Bharti has a joint venture with ELRo Holdings India Ltd. – ‘FieldFresh Foods Pvt. Ltd’ - for global distribution of fresh fruits and vegetables. Bharti also has a joint venture - ‘Bharti AXA Life Insurance Company Ltd.’ - with AXA, world leader in financial protection and wealth management. Bharti has recently forayed into the retail business under a company called Bharti Retail Pvt. Ltd. It also has a joint venture – ‘Bharti Wal-Mart Private Limited’ - with Wal-Mart, for wholesale cash-and-carry and back-end supply chain management operations.
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