Reliance Group Reliance Group is India's largest private sector enterprise with revenues in excess of US$ 25 billion.

The group has diversified business interests in areas such as petrochemicals, textiles and retail. Reliance Group's flagship company, Reliance Industries Limited (RIL), is a Fortune Global 500 company and is the largest private sector company in India. The Reliance Group was founded by the legendary Dhirubhai H. Ambani. In 1975, the company expanded into textiles. Dhirubhai Ambani introduced equity cult in India when Reliance went public with IPO in 1977. Since the launch of its IPO RIL has expanded rapidly and integrated backwards into other industry sectors, most notably the production of petrochemicals and the refining of crude oil. Dhirubhai led the evolution as a global leader in the materials and energy value chain businesses. Today, Reliance Group's activities range from exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fiber intermediates, plastics and chemicals) to textiles and retail. Reliance enjoys global leadership in its businesses. It is the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products. Presently, Reliance Group has more than 25,000 employees on its rolls and exports products in excess of US$ 15 billion to more than 100 countries in the world. Business Interests of Reliance: Petroleum Exploration and Production: Petroleum Exploration and Production is a major growth area for Reliance and Reliance intends to become a global energy major. RIL is the largest Oil & Gas acreage holder among the Private sector companies in India with 34 domestic exploration blocks covering an area of about 331,000 sq. km. It is also India's first private sector company in the Exploration and Production (E&P) sector to have discovered large gas reserves. RIL also has interests in one exploration block each in Yemen and Oman. …….2 -2Petroleum Refining and Marketing: Reliance operates the third largest refinery in the world at any single location, with a capacity of 30 million tons per year of crude throughput, at Jamnagar, Gujarat. Reliance is in the process of doubling the petroleum refinery at Jamnagar, which will make it

the largest petroleum refinery in the world. The products rolled out from Reliance refinery include: LPG, Propylene, Naptha, Reformate, Gasoline, TAME, Jet / Aviation Turbine Fuel / Superior Kerosene Oil, High Speed Diesel, Sulphur, and Petroleum Coke. Pretrochemicals: Reliance deals in following petrochemical products: Polymer: Reliance's polymer business is integrated with its cracker facility at Hazira, as well as its refinery at Jamnagar, ensuring feedstock availability at all times. The company operates world-scale plants for Polyolefins and PVC with state-of-art technologies from global licensors like Novacor, Geon and Union Carbide. • Polyester: Reliance is the largest producer of polyester fibre and yarn in the world, with a capacity of 2,000 KTA. • Polyester Intermediates: Reliance is the world's 3rd largest producer of Paraxylene (PX), 6th largest producer of Purified Terephthalic Acid (PTA) and 5th largest producer of Mono Ethylene Glycol (MEG).

Textiles: Reliance textile products are sold under the brand names of Only Vimal, Harmony, Reance, RueRel and V2 (pre-cut, pre-packed products). Reliance's Naroda Textile Complex, one of India's largest and modern textile complexes, produces about 25 million metres of fabric both for domestic and international markets. Retail: Reliance has recently entered the retail market and is aggressively working on introducing a pan-India network of retail outlets in multiple formats. ….3 -3Major Subsidiaries & Associates of Reliance Major Subsidiaries:
• • • • •

Reliance Petroleum Limited Reliance Netherlands BV (including Trevira) Reliance Retail Limited Ranger Farms Private Limited Retail Concepts and Services Private Limited

• First private sector company in India to record a net profit of US dollar of over 1 billion. • Reliance pioneered the first ever Euro Convertible Bond issue by an Indian company. • . • First corporate in Asia to issue 50 and 100 years bond in US debt market. Major Associates: • • • Indian Petrochemicals Corporation Limited Reliance Industrial Infrastructure Limited Reliance Europe Limited Major Achievements of Reliance: • • • The world's largest producer of Polyester Fibre and Yarn 4th largest producer of Paraxylene (PX) 5th largest producer of Purified Terepthalic Acid (PTA) ……4 -4- 7th largest producer of Polypropylene (PP) • Reliance's refinery at Jamnagar is the third largest refinery at a single location in the world. • Reliance is the first private sector company in India to be rated by international credit rating agencies.DMCC Reliance Industries (Middle East) DMCC Reliance Global Management Services (P) Limited.• • • • • • • • • • • • • • Reliance Retail Insurance Broking Limited Reliance Dairy Foods Limited Reliance Retail Finance Limited RESQ Limited Reliance digital Retail Limited Reliance Service Solutions Limited Reliance Jamnagar Infrastructure Limited Reliance Haryana SEZ Limited Reliance Industrial Investment & Holdings Limited Reliance Ventures Limited Reliance Strategic Investments Limited Reliance Exploration & Production .

.5 -5- Mukesh Ambani .….

Reliance Infocomm went to his brother Anil Ambani. …. Mukesh Ambani is the face of new emerging India. Chosen as ET Business Leader of the Year 2006. But after the split in the Reliance Empire. world-class manufacturing facilities involving diverse technologies that raised Reliance's manufacturing capacities manifold. . His father Dhirubhai Ambani was then a small businessman who later on rose to become one of the legends of Indian industry. Mukesh Ambani was born on April 19. Mukesh Ambani is now planning to enter retail sector in a big way. he also entered into an agreement with Haryana Government to establish a Special Economic Zone (SEZ) with an investment running into thousands of crores.2004. Recently. He is the Chairman and Managing Director of Reliance Industries Limited. During the process of backward integration. He was also the incharge of Dhirubhai's dream project Reliance Infocomm. 1957 in Mumbai.6 -6Mukesh Ambani joined Reliance in 1981 and was the brain behind Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. India's largest private sector company.Born: April19. He has plans to establish big retail stores all over the country. Mukesh Ambani has many achievements and honours to his name. November. Ranked 42nd among the World's Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by PricewaterhouseCoopers and published in Financial Times. Mukesh Ambani did his Bachelors in Chemical Engineering from University of Bombay and Masters in Business Administration from Stanford University. USA. Mukesh Ambani was chosen as the ET Business leader of the Year 2006. World's largest grassroots petroleum refinery at Jamnagar is the brainchild of Mukesh Ambani. Mukesh Ambani led the creation of 51 new. 1957 Achievement: Chairman and Managing Director of Reliance Industries Limited. India's largest private sector company. London.

He was ranked 42nd among the World's Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by PricewaterhouseCoopers and published in Financial Times. London. Mukesh Ambani was also conferred the Asia Society Leadership Award by the Asia Society. USA.C. October. He was conferred the World Communication Award for the Most Influential Person in Telecommunications in 2004 by Total Telecom.7 . Washington D. ….. November 2004. 2004.

and net worth to the tune of US$ 6 billion. infrastructure and entertainment.-7- Reliance ADAG Reliance Anil Dhirubhai Ambani Group (Reliance ADAG) ranks among India's top three three private sector business houses. and 5 continents across the world. RADAG has a business presence that is spread over 4. Reliance Communications Limited started operations in 1999 and has over ….500 towns and 300. one can say that the founder of Reliance ADAG was Dhrubhai Ambani. and a shareholder base of over 8 million. The company is the culmination of Dhirubhai's dream of bringing about a digital revolution that will provide every Indian with affordable means of communication and a ready access to information. among the largest in the world.ADA Group. transmission and distribution of power. net assets in excess of US$ 7 billion. Hence. the flagship company of the Reliance Group. financial services.8 -820 million subscribers today. The interests of the Reliance Anil Dhirubhai Ambani span communications. Mukesh Ambani. Mukesh and Anil. the elder brother. It offers a complete range of integrated . The group has a market capitalization of US$ 22 billion. the largest in India. generation. Companies of Reliance ADAG Reliance Communications Limited: Reliance Communications Limited is the flagship company of the Reliance . The part of the empire that was inherited by the younger brother Anil Ambani was christened as Reliance Anil Dhirubhai Ambani Group. retained Reliance Industries Limited (RIL).000 villages in India. Reliance Anil Dhirubhai Ambani Group has a customer base of over 50 million. Reliance Anil Dhirubhai Ambani Group came into existence when the business empire of the Reliance Group founded by Dhirubhai Ambani was split between his two sons.

Internet & mobile portals. Health Informatics and Information Management and Consumer Health. production. Sports. Reliance Health: Reliance Health aims at providing integrated health services and plans to venture into diversified fields like Insurance Administration. coal. through its power stations located in Maharashtra. Karnataka and Goa. Delhi.telecom services such as mobile and fixed line telephony. Digital cinema. Gaming. Kerala.7 FM. Reliance Media & Entertainment: Reliance Media & Entertainment has interest in Movies. broadband. Arunachal Pradesh and Uttaranchal with total capacity of over 12. one of the largest entertainment companies in India. Reliance ADA Group acquired Adlabs Films Limited. ……9 -9- . Reliance Capital: Reliance Capital is one of India's leading private sector financial services companies. which has interests in film processing. Reliance Entertainment has also forayed into the FM Radio business through BIG 92. stock broking and other activities in financial services. Reliance Capital deals in asset management and mutual funds. private equity and proprietary investments. national and international long distance services. transmission and distribution of electricity. Orissa and Goa. The company distributes more than 21 billion units of electricity to over 25 million consumers in Mumbai. DTH and Mobile TV. Health care Delivery and Integrated Health. In 2005. IPTV. Andhra Pradesh.500 MW. wind and hydro-based power generation projects in Maharashtra. It is currently pursuing a number of gas. data services and a wide range of value added services. Reliance Energy Limited currently generates 941 MW of electricity. Reliance Energy Limited: Reliance Energy Limited is a fully integrated utility engaged in the generation. Music. exhibition & digital cinema. life and general insurance. Uttar Pradesh.

1932 Died: July 6.000 and set up a textile trading company. Created an equity cult in the Indian capital market. 1932. He is remembered as the one who rewrote Indian corporate history and built a truly global corporate group. His father was a school teacher. and as a clerk in an oil company. Gujarat. . His life journey is reminiscent of the rags to riches story.Dhirubhai Ambani Born: December 28. Dhirubhai moved to Aden. at Chorwad. Reliance is the first Indian company to feature in Forbes 500 list Dhirubhai Ambani was the most enterprising Indian entrepreneur. Yemen. He worked there as a gas-station attendant. into a Modh family. 2002 Achievements: Dhiru Bhai Ambani built India's largest private sector company. ….11 -10After doing his matriculation at the age of 16. Dhirubhai Ambani alias Dhirajlal Hirachand Ambani was born on December 28. Dhirubhai Ambani started his entrepreneurial career by selling "bhajias" to pilgrims in Mount Girnar over the weekends. He returned to India in 1958 with Rs 50.

His efforts helped create an 'equity cult' in the Indian capital market. he generated billions of rupees in wealth for those who put their trust in his companies. from a scratch. Dhirubhai Ambani is credited with shaping India's equity culture. From nothing. A poll conducted by The Times of India in 2000 voted him "greatest creator of wealth in the century". and logistics. capital markets. power. retail. energy.Assisted by his two sons. Reliance quickly became a favorite of the stock market in the 1980s. Over time his business has diversified into a core specialisation in petrochemicals with additional interests in telecommunications. Reliance became the first Indian company to raise money in global markets. With innovative instruments like the convertible debenture. In 1992. infrastructure services. textiles. Reliance India Limited. its high credit-taking in international markets limited only by India's sovereign rating. attracting millions of retail investors in a market till then dominated by financial institutions. Dhirubhai revolutionised capital markets. 2002. at Mumbai. Dhirubhai Ambani died on July 6. . Dhirubhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of Indian Chambers of Commerce and Industry (FICCI). Mukesh and Anil. Dhiru Bhai Ambani built India's largest private sector company. information technology. Reliance also became the first Indian company to feature in Forbes 500 list.

Ambani took his company (Reliance) public in 1977. (Gujarati) also known as Dhirubhai. After making modest profits. Dhirubhai started off as a small time worker with Arab merchants in the 1950s and moved to Mumbai in 1958 to start his own business in spices. . After that it was a saga of expansions and successes. making the Ambani's the second richest family in the world. Dhirubhai founded Reliance Industries in 1958. 1932 2002 (aged 69) Nationality Indian Occupation Business Magnate. Chairman Net worth Religion Spouse Children ▲ US$6. and by 2007 the combined fortune of the family (sons Anil and Mukesh) was 60 billion dollars.6 July 2002. .History of Ambani’s Family Dhirubhai Ambani Born Died December July 6. 28 December 1932. was an Indian rags-to-riches business tycoon who founded Reliance Industries in Mumbai with his cousin. next to the Walton family. Dhirubhai has been one among the select Forbes billionaires and has also figured in the Sunday Times list of top 50 businessmen in Asia. 28.10 billion Hinduism Kokilaben Ambani Mukesh Ambani Dhirajlal Hirachand Ambani. he moved into textiles and opened his mill near Ahmedabad.

It has presence in various sectors like petrochemicals. He chose work which used his physical ability to the maximum rather than cramming school lessons. he began setting up onion/potato fries stall at village fairs and made extra money which he gave to his mother. Hirachand and Jamanaben had two daughters . (now the state of Gujarat. Dhirubhai was the second son. Insurance and Internet Businesses.000 employees provides almost 5% of the Central Government's total revenue. Hirachand Gordhandhas Ambani was a village school teacher with little income. India) to Hirachand Gordhandhas Ambani and Jamnaben in a Gujarati family of modest means. The company has further diversified into Telecom. His sons have helped Reliance to grow in a more globalized world after 1991. textiles and is involved in the production of crude oil and gas. he moved to Aden. he angrily replied "Why do you keep screaming for money? I will make heaps of money one day". became the distributors for Shell products. Life in Aden When he was 16 years old.49).300 (Present Day $6. A. During weekends. to polyester and polymer products. Besse & Co. While on one hand it remains one the biggest Indian conglomerates but on the other hand it is also a company known to evade taxes and being intransparent.Ramnikbhai. Besse & Co. the Power Sector and so on.Trilochanaben and Jasuben and three sons .[1] Dhirubhai was precocious and highly intelligent. Two years later. He was also highly impatient of the oppressive grinding mill of the school classroom. In 1986 after a heart attack he handed over his empire to his two sons Anil and Mukesh. He worked with A. . and Dhirubhai was promoted to manage the company’s filling station at the port of Aden. The companies refinery at Jamnagar accounts for over 25% of India's total refining capacity and their plant at Hazira is the biggest chemical complex in India. Dhirubhai and Natubhai.Reliance's story as a company has been a 'bitter-sweet' saga in India. Now the Reliance group with over 85. Early life Dhirubhai Ambani was born on 28 December 1932 at Kukaswada near Chorwad in the then princely states of Junagadh. for a salary of Rs. When Jamnaben once asked Dhirubhai and Ramnikbhai to help his father by earning money. Yemen.

they had two assistants to help them with their business." The chairman had a special way of dealing with different groups of people. A very good manipulator. Young Dhirubhai bought the Rials.10 lakh by late 1970s Asia Times quotes. It is believed that both had different temperaments and a different take on how to conduct business. Dhirubhai and his family used to stay in a one bedroom apartment at the Jaihind Estate in Bhuleshwar. journalists or government officials. During those days of him. But I don’t believe in not taking opportunities. They recall his earlier days and how he picked up the . his second cousin. The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. Initially. But I made a few lakhs. "His people skills were legendary. who used to be with him in Aden.[4] In 1968. shareholders. and making profits. During the latter part of his life. After three months. In 1965. it was stopped. Ambani's net worth was estimated at about Rs. Majin Commercial Corporation Ten years later. while talking to reporters. one table and three chairs. the Yemini Rial was made of pure silver coins and was in much demand at the London Bullion Exchange. melted them into pure silver and sold it to the bullion traders in London. Nina Kothari. Damani was a cautious trader and did not believe in building yarn inventories. In short. During this period. He followed an 'open-door' policy. He also worked in Dubai for some time during his early years. Mukesh. Majin was to import polyester yarn and export spices to Yemen. Deepti Salgaonkar. Yemen. Employees could walk into his cabin and discuss their problems with him. Anil and two daughters .He was married to Kokilaben and had 2 sons. he moved to an upmarket apartment at Altamount Road in South Mumbai. Dhirubhai was a known risk taker and he believed in building inventories. While Mr. anticipating a price rise. Dhirubhai Ambani returned to India and started "Majin" in partnership with Champaklal Damani. Champaklal Damani and Dhirubhai Ambani ended their partnership and Dhirubhai started on his own. it is believed that he said “The margins were small but it was money for jam. It was 350 sq ft (33 m2). Ambani's competitors allege that he bought off officials and had legislation re-written to suit him. room with a telephone.[(Mumbai)]. I was a manipulator. be they employees. A former secretary reveals: "He was very helpful.

Vimal Ambani. and used replenishment licenses to import rayon. Initial public offering Dhirubhai Ambani is awarded with starting the equity cult in India. a bear cartel which was a group of stock brokers from Calcutta started to short sell the shares of Reliance. Reliance Industries came up against a rights issue regarding partly convertible debentures." Reliance Textiles Sensing a good opportunity in the textile business. More than 58.000 investors from various parts of India subscribed to Reliance's IPO in 1977. Ambani's net worth was estimated at about Rs. In 1986. a Technical team from the World Bankvisited the Reliance Textiles' Manufacturing unit. To counter this. he exported rayon. He exported spices. a . when rayon started to be manufactured in India. Later. The Annual General Meeting of Reliance Industries number of first-time retail investors to invest in Reliance. which was named after his elder brother Ramaniklal Ambani's son. Extensive marketing of the brand "Vimal" in the interiors of India made it a household name. his profit margins were rarely under 300 percent. Dhirubhai started his first textile mill at Naroda. Reliance Industries was the first private sector company whose Annual General Meetings were held in stadiums. again at a loss. Dhiru bhai was able to convince large number of small investors from rural Gujarat that being shareholders of his company would be profitable. Dhirubhai's control over stock exchange In 1982. in Ahmedabad in the year 1977. This unit has the rare distinction of being certified as "excellent even by developed country standards" during that period. Textiles were manufactured using polyester fibre of profiteering from the then-Byzantine system of controls of Indian officialdom. Sensing an opportunity. Ambani was always a step ahead of the competitors. Dhirubhai started the brand "Vimal". and imported nylon. Franchise retail outlets were started and they used to sell "only Vimal" brand of textiles. often at a loss. With the imported items being heavily in demand. It was rumored that company was making all efforts to ensure that their stock prices did not slide an inch. In the year 1975.1 billion by early 1980s.

group of stock brokers till recently referred to as "Friends of Reliance" started to buy the short sold shares of Reliance Industries on the Bombay Stock Exchange. the demand increased and the shares of Reliance shot above 180 rupees in minutes. the much needed cash was provided to the stock brokers who had bought shares of Reliance. 152 per share was maintained till the day of settlement. Lota and Fiasco. 35 per share. The answer to this was provided by the then finance minister. Pranab Mukherjee in the parliament. many questions were raised by his detractors and the press. The settlement caused an enormous uproar in the market. To complete the transaction. by none other than Dhirubhai Ambani. 2 with a stipulation that the Bear Cartel had to deliver the shares within the next few days. the Bombay Stock Exchange was closed for three business days. These companies were primarily registered in Isle of Man. The Bear Cartel bought shares of Reliance from the market at higher price levels and it was also learnt that Dhirubhai Ambani himself supplied those shares to the Bear Cartel and earned a healthy profit out of The Bear Cartel's adventure. He informed the house that a Non-Resident Indian had invested up to Rs. The bulls kept on buying and a price of Rs. On the day of settlement. the Bear Cartel was taken aback when the Bulls demanded a physical delivery of shares. Not many people were able to understand as to how a yarn trader till a few years ago was able to get in such a huge amount of cash flow during a crisis period. . With this. 22 Crore in Reliance during 1982-83. An investigation by the Reserve Bank of India in the incident did not find any unethical or illegal acts or transactions committed by Reliance or its promoters. These investments were routed through many companies like Crocodile. The Bear Cartel was acting on the belief that the Bulls would be short of cash to complete the transactions and would be ready for settlement under the "Badla" trading system operative in the Bombay Stock Exchange. Authorities from the Bombay Stock Exchange (BSE) intervened in the matter and brought down the "Unbadla" rate to Rs. In the case of non-settlement. After this incident. The interesting factor was that all the promoters or owners of these companies had a common surname Shah. the Bulls demanded an "Unbadla" (a penalty sum) of Rs. To find a solution to this situation.

The final phase of Reliance’s diversification occurred in the 1990s when the company turned aggressively towards petrochemicals and telecommunications. Nusli Wadia obtained the license to build a 60. the Ambani house has always enjoyed more protection and shelter from the media storms that sweep across the country. having manipulated government policies to suit his own needs. the biggest competitor of Dhirubhai and Reliance Industries. Although most media sources tend to speak out about business-politics nexus. Finally. setting up a plant to manufacture polyester filament yarn. Criticism He was accused of acting unethically. Tussle with Nusli Wadia Nusli Wadia of Bombay Dyeing was. Both Nusli Wadia and Dhirubhai were known for their influence in the political circles and their ability to get the most difficult licenses approved during the times of preliberalized economy. power.000 tonnes per annum Di-methyl terephthalate (DMT) plant.000-strong workforce". plastics. The company as a whole was described by the BBC as "a business empire with an estimated annual turnover of $12bn. and has been known to be a king-maker in government elections . . He subsequently diversified into chemicals.Diversification In 1982 Ambani began the process of backward integration. and an 85. Nusli Wadia was granted the license for plant. During the Janata Party rule between 1977–1979. in 1981. at one point in time. many hurdles came in the way. petrochemicals. Before the letter of intent was converted into a licence. This incident acted as a catalyst between the two parties and the competition took an ugly turn.

Goenka and Ambani became rivals mainly because Ambani's corrupt business practices and his illegal actions. Critics also admired Goenka for his ability to run these articles without any help from his regular staff. Apart from S.Goenka and the Ambanis took a new direction and became a national crisis. a broadsheet daily published by him. The Indian Express. Jamnadas Moorjani. The Indian Express had turned the guns against Reliance and was directly blaming the government for not doing enough to penalize Reliance Industries. Dhirubhai Ambani was also getting more recognition and admiration. As days passed by. Critics believed that there were many other businessman in the country who were using more unfair and unethical practices but Goenka chose to target only Ambani and not the others. Ramnath Goenka was also considered to be close to Nusli Wadia.The Indian Express Articles At one point in time. Gurumurthy and another journalist. advisor and chartered accountant S. Later on.[12] The end to this tussle came only after Dhirubhai Ambani suffered a stroke. On many occasions. The battle between Wadia . Ramnath Goenka chose to support Nusli Wadia. Gurumurthy. Mulgaokar consorted with President Giani Zail Singh and ghost-wrote a hostile letter to the Prime Minister on his behalf. in the meantime. A section of the public started to appreciate Dhirubhai's business sense and his ability to tame the system according to his wishes. Ramnath Goenka did not use his staff at the Indian Express to investigate the case but assigned his close confidant. Gurumurthy for this task. carried a series of articles against Reliance Industries and Dhirubhai in which they claimed that Dhirubhai was using unfair trade practices to maximise the profits. his sons Mukesh Ambani and Anil Ambani managed the affairs. another journalist Maneck Davar who was not on the rolls of Indian Express started contributing stories. Ramnath Goenka tried to intervene between the two warring factions and bring an end to the enmity. People criticized Goenka that he was using a national newspaper for the cause of a personal enmity. While Dhirubhai Ambani was recovering in San Diego. Ramnath Goenka was a friend of Dhirubhai Ambani. a businessman opposed to the Ambanis was also a part of this campaign. Both Ambani and Goenka were equally criticized and admired by sections of the society. The Indian Express published a draft of the President’s letter as a scoop. not realizing that Zail Singh had made .

Mithun Chakraborty. he seemed to be replaying his heroic defiance during the Emergency regime. A film said to be inspired by the life of Dhirubhai Ambani was released on 12 January 2007. an updated version of the book went on sale in India. In 2010. Rajiv’s government retaliated with a series of prosecutions against the Indian Express. By 1988-89. The Hindi Film Guru. The film stars Abhishek Bachchan. Ambani made a quiet exit. called Ambani and Sons. spearheading virulent attacks against the Reliance group in one of India's bloodiest corporate wars ever. because the Dirubhai threatened legal action." Mithun Chakraborty portrays Manikda who bears an uncanny resemblance to the real lifeRamanath Goenka and Madhvan portrays S. Abhishek Bachchan plays Guru Kant Desai. . a book published by Hamish McDonald titled "The Polyester Prince" is also an unauthorised biography of Dhirubhai Ambani.Rahman shows the struggle of a man striving to make his mark in the Indian business world with a fictional Shakti Group of listed the price book at >$900.changes to the letter before sending it to Rajiv Gandhi. Amazon. HarperCollins didnt sell the book in India. Aishwarya Rai. there has been no legal action against the publisher so far. The government then raided the Express guest house in Delhi’s Sunder Nagar and found the original draft with corrections in Mulgaokar’s handwriting. directed by ace filmmaker Mani Ratnam. In popular media In 1998. In the film.R. Goenka retained his iconic stature because. outlining all his political and business conquests. while the tussle was directly between the Prime Minister Rajiv Gandhi and Ramnath Goenka. to many people. Now. Gurumurthy. As of 2010. R. a character implicitly based on Dhirubhai Ambani. Madhavan and Vidya Balan. who gained national fame twenty years ago. cinematography by Rajiv Menon and music by A. similar to the real-life "DHIRUBHAI. Even then. Ambani had won the battle at this point. The character is known in the film as "GURUBHAI".

Dean's Medal by The Wharton School.  A poll conducted by The Times of India in 2000 voted Him "Greatest Creator of Wealth In The Centuries". 1998 and 1996 – Featured among 'Power 50 . University of Pennsylvania.the most powerful people in Asia by Asiaweek magazine.  June 1998 .Awards and recognitions November 2000 – Conferred 'Man of the Century' award by Chemtech Foundation and Chemical Engineering World in recognition of his outstanding contribution to the growth and development of the chemical industry in India  2000. He is the true son of India'  . for setting an outstanding example of leadership. Dhirubhai Ambani has the rare distinction of being the first Indian to get Wharton School Dean's Medal [20]  August 2001 – Economic Times Awards for Corporate Excellence for Lifetime Achievement  Dhirubhai Ambani was named the Man of 20th Century by the Federation of Indian Chambers of Commerce and Industry (FICCI).

Mukesh Dhirubhai Ambani Born 19 April 1957 (age 53) Aden. a Fortune . the largest private sector enterprise in India.0 billion (2010) Hindu Nita Ambani Akash. Colony of Aden (nowYemen) Antilia. Isha Anil Ambani (Brother) Residence Nationality Education Occupation Net worth Religion Spouse Children Relatives Mukesh Dhirubhai Ambani (born on 19 April 1957) is an Indian business magnate and the chairman and managing director of Reliance Industries. Maharashtra Indian University of Mumbai (Bachelor of Chemical Engineering) Stanford University (MBA) Chairman & MD of Reliance Industries ▲US$29. Anant. Mumbai.

where Anil his family and Mukesh and his family lived on different floors. It is claimed to be the most expensive home in history. Costing aprox. The two brothers have had clashes over business.2 billion leaving Bill Gatesbehind at around $56 billion. Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Colaba. and one of the largest private sector conglomeratesin the world. US$500-$700 Million. Anil. the Mumbai Indians. is estimated to be valued at over US$1 Billion to build. The Ambani family lived in a two bedroom apartment in Bhuleshwar.0 billion. the late founder of Reliance Industries. His personal stake in Reliance Industries is 48%. He is expected to regain the title of the world's richest person in 2014. . with the increasing price of land. He has a brother. petroleum refining and going up-stream into oil and gas exploration and production. Akash. Reliance Anil Dhirubhai Ambani Group. On 29 October 2007. a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalisation of all Reliance group companies. He initiated Reliance's backward integration journey from textiles into polyester fibres and further into petrochemicals. Personal life He is married to Nita Ambani and has three children. They live in a private 27 story building in Mumbai named Antilia. and two sisters. with net worth climbing to US$63. making him for a while the world’s richest man. As of July 2010.[ He owns the Indian Premier League team. according to Forbes Magazine forecasts. Career He joined Reliance Industries in 1981. Mumbai until the 1970s.500 company. Anil Ambani is also a billionaire and owns a competing company. Anant and Isha. Family and early life Antilia as seen from Altamount Road. he is the richest man in Asia and the fourth richest man in the world with a personal wealth of US$29.Mumbai Mukesh Ambani is the eldest son of Dhirubhai Ambani.

Ambani set up one of the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited (now Reliance Communications Limited). he was named among the most powerful people in the world by Forbes in its this year’s list of 68 people "who matter.  Ranked 42nd among the World's Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and published in Financial Times. power generation.  . Honours and awards Ambani (right) with Ratan Naval Tata and U.2007" by Gujarat Chief Minister Narendra Modi.S.  Chosen the businessman of the year 2007 by a public poll in India conducted by NDTV  Conferred the United States-India Business Council (USIBC) leadership award for "Global Vision" 2007 in Washington.  Ranked 13th in Asia's Power 25 list of The Most Powerful  Awarded the "Chitralekha Person of the Year Award -. India.  Chosen Telecom Man of the Year 2004 by Voice and Data magazine.  Conferred the World Communication Award for the Most Influential Person in Telecommunications in 2004 by Total Telecom. September 2004. London. October. with a current capacity of 660. Ambani directed and led the creation of the world’s largest grassroots petroleum refinery at Jamnagar.  Fishing Diplomat  Honorary Fellow of IChemE (the Institution of Chemical Engineers)  In 2010.  Former Chairman of Indian Institute of Management Bangalore(IIMB). November 2004. port and related infrastructure. Secretary of State Hillary Rodham Clinton January 2010: School of Engineering and Applied Science of the University of Pennsylvania confers him with the Dean's medal. 2004.000 barrels per day (33 million tonnes per year) integrated with petrochemicals.

He is also a member of the International Advisory Board. . a globalist think tank council on foreign relations.

behind Mukesh Ambani. Mukesh Ambani. he resigned.Anil Ambani Born 4 June 1959 (age 51) Mumbai. Central Electricity Regulatory Commission. As of 2010.[3] He is a member of the Board of Overseers at the Wharton School of the University of Pennsylvania. Maharashtra.7 billion. He is also the member of the Board of Governors of the Indian Institute of Technology Kanpur. he is the fourth richest Indian with a personal wealth of $13. Indian Institute of Management. India Mumbai. Maharashtra. Lakshmi Mittal and Azim Premji. Gandhinagar. Ahmedabad. He is also the Chairman of Board of Governors of DAIICT. is also worth more than 29 billion dollars. In March 2006. and owns another company called Reliance Industries. one of the largest private conglomerates. He is a member of the Central Advisory Committee. India Residence Alma mater University of Mumbai University of Pennsylvania[1] Occupation Chairman of Anil Dhirubhai Ambani Group Net worth Spouse Children Relatives ▲US$13. Anil's elder brother. .7 billion (2010) Tina Munim 2 Mukesh Ambani (Brother) Anil Dhirubhai Ambani (born 4 June 1959) is an Indian business baron and chairman of Reliance Anil Dhirubhai Ambani Group.

Ltd. in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. A senior pilot of Reliance Transport and Travels Pvt. He is a close friend of movie star Amitabh Bachchan and Subrata Roy. and telecom company. Captain RN Joshi filed a complaint with the Mumbai Police Commissioner's office. a technician for Air Works. He directed Reliance in its efforts to raise. Mukesh Ambani.Career Ambani joined Reliance. he led India's first forays into overseas capital markets with international public offerings of global depositary receipts. which brought him out of the top ten list to number 34 in 2009. around US$2 billion from overseas financial markets. since 1991. over the supply of gas from the latter's KG basin. mud. For example. convertibles and bonds. Maharashtra Chief Minister's office. Despite the gear box being located at a height of 10 feet from the ground. The helicopter was standing outside a hangar at the Mumbai Airport when the sabotage was found by Bharat Borge. He has been linked with several starlets in his long career including his current wife of more than 15 years. losing $32. Mukesh Ambani. has steered the Reliance Group to its current status as India's leading textiles.One of his major achievements in the entertainment industry is the takeover of Adlabs. Borge . Assassination attempt On the evening of 22 April 2009. the company founded by his late father Dhirubhai Ambani.5 billion in 2008. after which people regarded him as a financial wizard. the gravel and pebbles were put in the filler cap in the gear box. petrochemicals. He along with his brother. Chief Secretary's office. gravel and pebbles were found in his 13-seat helicopter VT-RCL's (a Bell 412) gearbox. power. Maharasthra Home Minister's office.. petroleum. the movie production to distribution to multiplex company that owns India's only dome theatre and the recently announced joint venture worth US$ 825 million with Steven Spielberg He has been embroiled in a dispute with his brother. Joint Commissioner of Police's office and also at the Santa Cruz Police Station. He recently topped Business Sheet's "world's biggest loser" list of business leaders who lost money in the Late 2000s recession [4]. with a 100-year Yankee bond issue in January 1997 being the high point.

 Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association. lending credence to Anil Ambani's charge that certain 'rival business groups were trying to eliminate him'. October 2002. December 1997. December 2001. some Reliance people came and spoke to me.. I am writing this letter after thinking all night. I didn't tell them anything.  . "[6][7] The post-mortem conducted on Bharat Borge revelated that he died of shock due to multiple fractures. I think the investigation is on the right track and truth will emerge soon. A letter was also found with him.[10] Awards and recognition Anil Ambani(right) with Narendra Modiduring VGGIS 2003 Voted the 3rd most powerful person in India in the 2009 India Today Power List.[11] [12]  Voted Businessman of the Year 2006 by Times of India-TNS poll  Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004.  Conferred the ' Businessman of the Year 1997' award by India's leading business magazine Business India. 2009 on Mumbai's suburban railway tracks between Vile Parle and Andheri. in March. "Borge's mysterious death created a flutter. [9] Airworks India Engineering Pvt. resulting in brain haemorrhage."[8] Investigators later said that Borge's death was an accident and not suicide.was found dead on April 28. the company that maintains the helicopter. I felt they were using me. Ltd.[8] There was also a letter found in his pocket written in marathi saying "I haven't done anything wrong. was questioning its employees in the case. That day.  Voted as 'MTV Youth Icon of the Year for 2003' in September 2003. Railway Police believes that he might have been run over by the Churchgate-bound fast-local.  Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas. It looks like the blame will be on me. One of them took my number and said that he'll talk to me later.

Personal life Anil Ambani is Gujarati Indian. Parliament of India with the support of the Samajwadi Party. Before this he was also on the brink of buying Newcastle United. checks the news and then goes for a run.[13] English Premier League Ambani was in talks with Everton officials over a deal to takeover the club. Travel He has a Bell 412 13-seat helicopter. He is now believed to be keen to re-kindle his interest in Everton as Chairman Bill Kenwright has admitted he will now actively seek to sell his shares due to the collapse of the clubs Destination Kirkby stadium project. In June 2004. He wakes up daily at 4:00am. Ambani is also a fan of Coca-Cola Championship club. He has taken part in the Mumbai Marathon race. He is married to Indian Bollywood Actress Tina Munim and has two sons Anmol and Anshul.Upper House. He drinks 6 litres of water every day and likes to eat Pav Bhaji. which he purchased in 2001. . Newcastle United and was extremely close to buying the club in September 2008. Anil was elected as an Independent Member of the Rajya Sabha .

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