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Dhirubai ambani

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A legendary entrepreneur Dhirubhai Ambani By Nitish Kankal Roll no:145
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Page 1: Dhirubai ambani

A legendary entrepreneur

Dhirubhai Ambani

By

Nitish Kankal

Roll no:145

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Insert Title Text HereDHIRUBHAI HIRACHAND AMBANI

arguably India’s most enterprising entrepreneur.

“THINK BIGTHINK FAST

THINK AHEADIDEAS ARE NO ONE’S

MONOPOLY.”

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life referred to as a true "rags to riches" story.28.12.1932 – forever

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BIRTH

• D.O.B.- 28.12.1932

•He born at Chorwad, of Gujurat

•Father - Hirachand Govardhandas Ambani -a school teacher

•Mother- Jamanaben- a thrifty woman

• Two brothers and two sisters.

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Extremely demanding, and difficult to placate.

As he grew up, he became even more vigorous, and irrepressible.

Possessed immense gusto and enormous energy.

Always determined to do what he wanted to do, in exactly the way he wanted it done, come hell or high water, as the phrase goes.

CHILDHOOD

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Education• After he completed his primary education, at the village

school, he was sent to the Junagarh Dist. for further studies

• Quite popular in his school and well- known for his brilliance and hard-work

• Elected general secretary of the Junagarh Students Union

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Life in Aden

• After his annual matriculation examination, on the request of his father he had to move to Aden, Yemen to support his family

• Aged 16 yrs

• Started worked with A. Besse & Co. for a salary of Rs.300, immediately on reaching Aden

• A. Besse & Co.-- largest transcontinental trading firm east of Suez

• Dhirubhai -first sent to the commodities trading section & later, transferred to the section that handled petroleum products for the oil giant Shell

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Business Milestones

● 1958 :- Returned to Mumbai, from Aden to start his own business in spices

● 1959 :- Started Reliance Commercial

Corporation with a capital of Rs 15,000 at Mumbai

● 1966 :- Set up a spinning mill at Naroda, near

Ahmedabad; floated Reliance Textiles on a

capital of Rs 15 lakh

● 1977 :- Reliance Textile Industries issued 2.8

million shares in a landmark public issue

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● 1983 :- Reliance sales increased but net

profit declined

● 1988 :- Reliance Petroleum raises

Rs 1,300 crore from two million applicants

● 2000 :- World's largest refinery complex was

commissioned at Jamnagar, valued at over

Rs. 25,000 crores

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WORK TO THE SOCIETY

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Educational Initiatives

• (DA-IICT)- Dhirubhai Ambani Institute of Information and Communication Technology - established by The Dhirubhai Ambani Foundation (DAF) at Gandhinagar in Gujarat.

Community Development• Gave importance for community development.

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The DAF has joined the management of Sir Hurkisondas Nurottumdas Hospital and Research Centre (HNH&RC)

It is a 28-year-old institution involved in clinical research

DAF converted this hospital into a patient-focused and not-for-profit.

Dhirubhai Ambani Hospital, Lodhivali, District Raigad

 

 

Healthcare Initiatives

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Reliance after Dhirubhai In November 2004, Mukesh Ambani in an interview admitted to having differences with his brother Anil Over 'ownership issues’

The Reliance empire was split between the Ambani brothers,

Mukesh Ambani getting RIL and IPCL

Anil Ambani heading Reliance Capital, Reliance Energy and Reliance Infocomm.

Mukesh Ambani is referred to as the Reliance Industries Limited

Anil's Group has been renamed Reliance Anil Dhirubhai Ambani Group (Reliance ADA Group)

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Products

Reliance Industries

Limited

Oil & Gas

Petroleum

Petro-chemicalsPolyester

TextilesRetail

Telecom

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Guru- Hindi film based on Dhirubhai ambani

In 1998, a book "The Polyester Prince" is also an unauthorized biography of Dhirubhai Ambani,

outlining all his political and business conquests

In popular media

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*"I am deaf to the word "no"."

"Think big, think fast, think ahead. Ideas are no one's monopoly"

"You do not require an invitation to make profits"

"Meeting the deadlines is not good enough, beating the deadlines is my expectation”

"We bet on people”

"We cannot change our Rulers, but we can change the way they Rule Us”

Quotes by Dhirubhai Ambani

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REFERENCES

en.wikipedia.org/wiki/ Dhirubhai Ambani

www.iloveindia.com/indian-heroes/dhirubhai-ambani.html

www.google.com/imghp

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