Bharti Airtel‬, ‪Sunil Bharti Mittal‬‬

How Bharti Airtel Sunil Mittal was once in financial crisis for the want of Rs 5000

There was a time when one of the richest men in India was a deep financial crisis for the want of Rs 5000. Sunil Mittal was the owner of a spare parts business, long before he changed the world of telecommunication with Bharti AirtelBSE - 0.39%

"It was a regular event back then that we did not have money in the bank for checks. That was the time when people did not check the funds for funding," said Mittal describing those times during his financial status.

Mindal narrated how he then approached Brijmohan Lall Munjal to write him a check for Rs 5000. "I approached Mr. Munjal and asked him: 'Uncle, I need Rs 5,000'. He has my invoices selected and the required amount of the accounter signed, "said Mittal.

"While I was leaving, he stopped me and said:" Beta, aadat mat dalna (Son, do not make it a habit). "That day I have never let my finances get the better of me, "Mittal added
This was around 1980 and since then Mittal has built an extraordinary empire, but not extraordinary challenges Speaking at TieCon Delhi, Mittal narrated his challenging entrepreneurial journey and the steps he took to keep moving forward.

Moving the dial
It was the government banning the import of portable generator sets which, revealed Mittal, put him on the course of setting his telecommunications business. Mittal was then the first.
The dealer of Japan-based company Suzuki and was selling portable generator sets to Indian businesses and homes.