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    HIRU BHAI AMBANIHIRU BHAI AMBANI

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    Early life h iru b h ai A m b an i w a s b o rn o n 2 8 D e ce m b er 1 9 3 2 a t,u ka sw a d a n e a r C h o rw a d .ist Junagadh ( ow theta te o f Gujarat , India) o Hirachand Gordhandhasm b a n i a n d Ja m n a b e n [ ] n a Modh amily of modest( ,eans Incidentally The Gandhis and Ambanis came from,he same gothra the trading community of Modhaniyas [ ] ). irachand Govardhandhas Ambani earned.ittle as a village school teacher But his,ife Jamanaben knew how to stretch every paisa in a. -ong way Hirachand and Jamanaben had two daughters

    -rilochanaben and Jasuben and three sons, .amnikbhai Dhirubhai and Natubhai Dhirubhai was,xtremely demanding robust of health and difficult.o placate from his very babyhood days ,s a boy he possessed immense gusto and enormousnergy and was determined to do what he wanted to

    .o in exactly the way he wanted it done

    http://en.wikipedia.org/w/index.php?title=Dist.Junagadh&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Dist.Junagadh&action=edit&redlink=1http://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Indiahttp://smb//tmp/svh6i.tmp/#cite_note-0http://en.wikipedia.org/wiki/Modhhttp://smb//tmp/svh6i.tmp/#cite_note-1http://smb//tmp/svh6i.tmp/#cite_note-1http://en.wikipedia.org/wiki/Modhhttp://smb//tmp/svh6i.tmp/#cite_note-0http://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/w/index.php?title=Dist.Junagadh&action=edit&redlink=1
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    The first office of Reliance Commercial

    Corporation was set up at Narsinathan Street. . .at Masjid Bunder It was a 350 Sq Ft room, .with a telephone one table and three chairs

    Initially they had two assistants to help them.in their business

    In 1965 Chambaklal Damani and Dhirubhai Ambaniended their partnership and Dhirubhai started

    .on his own

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    School lifeDhirubhai was precocious and highly intelligent andalso as highly impatient of the oppressive grindingmill of the school classroom.He chose works whichuses his physical ability to the maximum rather thanmugging up school lessons. When Jamnaben onceasked Dhirubhai and Ramnikbhai to help his fatherby earning money,He angrily replied "Why do youkeep screaming for money? I will make heaps ofmoney one day".During weekends,he began settingup onion/potato fries stall at village fairs and madeextra money which he gave to his mother.

    When he was 16 years old, he moved to Aden,Yemen.He worked with A. Besse & Co. for a salary of Rs.300(Present Day $6.49). Two years later, A. Besse & Co.became the distributors for Shell products, andDhirubhai was promoted to manage the companysfilling station at the port ofAden.

    He was married to Kokilaben and had 2 sons, Mukesh,Anil and two daughters, Nina Kothari,DeeptiSal aonkar.

    http://en.wikipedia.org/wiki/Adenhttp://en.wikipedia.org/wiki/Yemenhttp://en.wikipedia.org/w/index.php?title=A._Besse_%26_Co.&action=edit&redlink=1http://en.wikipedia.org/wiki/Shell_Oilhttp://en.wikipedia.org/wiki/Adenhttp://en.wikipedia.org/wiki/Mukesh_Ambanihttp://en.wikipedia.org/wiki/Anil_Ambanihttp://en.wikipedia.org/wiki/Anil_Ambanihttp://en.wikipedia.org/wiki/Mukesh_Ambanihttp://en.wikipedia.org/wiki/Adenhttp://en.wikipedia.org/wiki/Shell_Oilhttp://en.wikipedia.org/w/index.php?title=A._Besse_%26_Co.&action=edit&redlink=1http://en.wikipedia.org/wiki/Yemenhttp://en.wikipedia.org/wiki/Aden
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    Reliance TextilesReliance Textiles Sensing good opportunity inthe business of textiles, Dhirubhai started hisfirst textile mill at Naroda , near Ahmedabad

    in the year 1966 .Textiles were manufactured using polyester

    fibre yarn.

    Dhirubhai started the brand Vimal, whichwas named after his elder brother RamaniklalAmbanis son Vimal Ambani. Externsivemarketing of the brand Vimal in theinteriors of India made it a household name.

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    Initial Public OfferingDhirubhai Ambani is credited with starting theequity cult in India.

    More than 58,000 investors from various partsof India subscribed to Reliances IPO in 1977.

    Dhirubhai was able to convince people of ruralGujrat that being shareholders of hiscompany will only bring returns to theirinvestment.

    In 1986, The Annual General Meeting ofReliance Industries was held in Cross Maiden,Mumbai, was attended by more than 30,000shareholders.

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    Diversification Over timeHis business has diversified into a corespecialization in petrochemicals withadditional interests in telecommunications ,

    information technology , energy , power ,retail , textiles , infrastructure services,capital markets , and logistics . The companyas a whole was described by the BBC as a

    business empire with an estimated annualturnover of $12bn, and an 85,000-strongworkforce.

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    Diversification Over time

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    CriticismDespite his almost Midas Touch, Ambani has knownto have flexible values and an unethical streakrunning through him. His biographer himself has

    cited some instances of his unethical behaviorwhen he was just an ordinary employee at apetrol pump in Dubai. He has also been known tohave links with the V P Singh government andlater the BJP government. He has been accused

    of having manipulated government policies tosuit his own need, and has been known to be aking-maker in government elections. Althoughmost media sources tend to speak out aboutbusiness-politics nexus, the Ambani house hasalways enjoyed more protection and shelter fromthe media storms that sweep across the country.

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    DeathDhirubhai Ambani was admitted to the Breach CandyHospital in Mumbai onJune 24 , 2002 due to a majorbrain stroke suffered by him. This was the secondstroke, the first one had occurred in the yearFebruary

    1986 and had kept his right hand paralyzed. He was ina state of coma for more than week. A battery ofhighly efficient doctors were unable to save his life.He breathed his laston July 6 , 2002 , at around11:50P.M.(Indian Standard Time). His funeral procession wasnot only attended by business people, politicians and

    celebrities but also by thousands of ordinary people.His elder son Mukesh Ambani performed the last ritesas per the Hindu traditions. He was cremated at theChandanwadi Crematorium in Mumbai at around4:30PM (Indian Standard Time) onJuly 7 , 2002 . He issurvived by Kokilaben Ambani, his wife, two sons,Mukesh Ambani and Anil Ambani , and two daughters,Nina Kothari and Deepti Salgaocar .

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    FilmA film inspired by the life of Dhirubhai is set torelease inJanuary 2007. The Hindi Film Guru ,directed by Mani Ratnam and music by

    A.R.Rahman will show the struggle of a manwho strives to make his mark in life. Themovie stars Abhishek Bachchan andAishwaryaRai in leading roles.

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    Awards and RecognitionsNovember 2000 Conferred Man of the Centuryaward by Chemtech Foundation and ChemicalEngineering World in recognition of hisoutstanding contribution to the growth and

    development of the chemical industry in India2000 , 1998 and 1996 Featured among Power50 the most powerful people in Asia byAsiaweek magazine. June 1998 Deans Medalby The Wharton School, University of

    Pennsylvania , for setting an outstandingexample of leadership. August 2001 TheEconomic Times Award for Corporate Excellencefor Lifetime Achievement Dhirubhai Ambani wasnamed the Man of 20th Century by theFederation of Indian Chambers of Commerce

    and Industry (FICCI). A poll conducted by The

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    Famous Quotes His success in the petro-chemical business and his story of rags toriches made him a cult figure in the minds of Indian people. As aquality of business leader he was also a motivator. He gave veryless of public speeches but the words he has spoken are stillremembered for their value. Growth has no limit at Reliance. I

    keep revising my vision. Only when you dream it you can do it.Our ambitions high Think big, think fast, think ahead. Ideas areno ones monopoly Our dreams have to be bigger. Ourcommitment deeper. And our efforts greater. This is my dream forReliance and for India. You do not require an invitation to make

    profits. If you work with determination and with perfection,success will follow. Pursue your goals even in the face of

    difficulties, and convert adversities into opportunities. Give theyouth a proper environment. Motivate them. Extend them thesupport they need. Each one of them has infinite source of energy.They will deliver. Between my past, the present and the future,there is one common factor: Relationship and Trust. This is thefoundation of our growth We bet on people. Meeting thedeadlines is not good enough, beating the deadlines is my

    expectation. Dont give up, courage is my conviction.

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    http://www.ndtvprofit.com/images/reliance.jpg
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    Growth through Vision

    Growth has no limit at Reliance. I keep revisingmy vision.Only when you can dream it, you can do it.

    Between my past, the present and the future,there is one common factor: Relationship and

    Trust. This is the foundation of our growth.

    - Dhirubhai H. Ambani

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    HANK YOUHANK YOU