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AMBANI
CASE STUDY ON LEADERSHIP
Dhirajlal Hirachand Ambani
Born on December 28, 1932 in Chorwad,
Gujarat.
Business sense came early as he sold bhajias to
pilgrims on Mount Girnar during his childhood.
Went to Yemen to join his elder brother,
worked at a gas station. Later promoted to as a
distributor of Shell products.
Came to India, started the business of exporting
spices.
Founded Reliance Commercial Corp. with
cousin Champaklal Damani with initial capital
of 15,000.
An Opportunist
During 1950s-
In the 1950s, the Yemini administration realized that
their main unit of currency, the Rial, was
disappearing fast.
It was found that a young man in his twenties was
placing unlimited buy orders for Yemini Rials.
Rials, pure silver coins and was in much demand at
the London Bullion Exchange. Young Dhirubhai
bought the Rials, melted them into pure silver and
sold it to the bullion traders in London.
* RIL is now India's largest Private Sector with turnover over US$19.976 billion backed by a profit over US$2.03
billion.
* Fortune Global 500 featured RIL in 342nd rank in 2006. Forbes Global featured RIL at 295 spot in 2000.
*Chemtech and Chemical Engg.World gave the" Man of the Century " award in Nov 2000 to Dhirubhai Ambani.
* Dhirubhai won the " Dean's Medal " of Wharton School, University of Pennsylvania in June 1998 for "
Outstanding Leadership "
* FICCI conferred the title " Man of 20th century " on D.A.in 2000.
* Times Of India in 2000 voted Dhirubhai Ambani as the greatest creator of wealth in the country.
Sun sets down…
“Dhirubhai will go one day. But
Reliance’s employees and shareholders
will keep it afloat. Reliance is now a
concept in which the Ambani s have
become irrelevant.”
By Dhirubhai Ambani