...Anil Dhirubhai Ambani (born 4 June 1959) is an Indian industrialist and chairman of Reliance Anil Dhirubhai Ambani Group, one of the largest private conglomerates. Anil's elder brother Mukesh Ambani, who heads as the chairman of Reliance Industries. The Ambani family is the richest families in India and one of the richest in the world, their wealth inherited from Dhirubhai Ambani, founder of largest Indian conglomerate Reliance Group. He is a member of the Board of Overseers at the Wharton School of the University of Pennsylvania. He is also the member of the Board of Governors of theIndian Institute of Technology Kanpur; Indian Institute of Management, Ahmedabad. He is a member of the Central Advisory Committee,Central Electricity Regulatory Commission. In March 2006, he resigned. He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar ENTHUSIASTIC LEADER- Everyone in the company looks up to Anil for inspiration. As a boss, a sense of purpose should always be in mind. Every day should be treated as a new day at work and the optimism should show. The challenges are always met head on and dealt with the demeanor of Anil who enjoys doing it. Anil Ambani believes firmly in hard work. The passion you should have for your work is the foremost in having a leadership role in any activity. OPPORTUNISTIC-From an early age, the Ambani brothers were given ambitious goals. When Anil returned from Wharton Business School in 1982, the day after completing his master degree...
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...base and generating revenues through the existing userbase as well. By emphasizing rural markets they are paving way for the future, expanding their network throughout the country further and gearing up for the next wave of users. In the last quarter they added 8 million subscribers. In the cities they are dropping the unviable schemes offering free minutes to users, allowing competition to grab these users but instead are focusing on their core stengths, their high end users! They already have a huge userbase and now they are generating the profits from them. A very good strategy indeed! Reliance on the other hand seems slightly on a different track. They completed the world’s largest network rollout ahead of schedule, according to Anil Ambani. They also spent $2 billion creating a GSM network in major cities. They gave out lots of free minutes to users to create an existing userbase, which Airtel said they discontinued. Reliance is cutting down on Capital Expenditure since it already has the...
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...base and generating revenues through the existing userbase as well. By emphasizing rural markets they are paving way for the future, expanding their network throughout the country further and gearing up for the next wave of users. In the last quarter they added 8 million subscribers. In the cities they are dropping the unviable schemes offering free minutes to users, allowing competition to grab these users but instead are focusing on their core stengths, their high end users! They already have a huge userbase and now they are generating the profits from them. A very good strategy indeed! Reliance on the other hand seems slightly on a different track. They completed the world’s largest network rollout ahead of schedule, according to Anil Ambani. They also spent $2 billion creating a GSM network in major cities. They gave out lots of free minutes to users to create an existing userbase, which Airtel said they discontinued. Reliance is cutting down on Capital Expenditure since it already has the network and...
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...RELIANCE: STRATEGIES FOR SUCCESS Dhirubhai Ambani evokes strong reactions from people but nobody can be indifferent to his achievements. To the many happy shareholders of Reliance, he is good enough to deserve the Bharat Ratna and at the other extreme he is vehemently reviled for his business methods. On being criticized on his modus operandi of openly using political influence for corporate gain, Dhirubhai has repeatedly asserted: ''That is only a minor element of our work. Why not focus on the major portion related to implementation, where so many organizations goof up?'' He adds: ''I give least importance to number one. I was nothing but a small merchant but I reached this level here. I consider myself fortunate to be in this position, but I have no pride. I am as I was.'' [pic]Reliance is globally admired for its rapid and time-bound implementation methods and those are where lateral thinking is employed to the maximum. Reliance executives are constantly encouraged to think out-of-the-box, rather than traditionally or sequentially. The top bosses themselves have this tremendous ability to think laterally and look at business as a series of processes as illustrated by their quotes: ''The leadership of Reliance Industries has always shunned incremental thinking,'' says Anil Ambani, MD of the Reliance group. Older brother Mukesh Ambani says: ''We workin concentric circles, rather than in straight ranks, but there's always a center of accountability. We don't believe...
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...A Brief Study On SWOT ANALYSIS OF RELIANCE COMMUNICATION WITH COMPETITOR IN BHUJ AND SURROUNDING OFFICE OF [pic] PROJECT REPORT Submitted for Partial fulfillment for SRK INSTITUTE & MANAGEMENT EDUCATION MBA DEPARTMENT AFFILATED WITH GUJRAT TECHNOLOGY UNIVERCITY, AHMEDABAD JAY S. BARMEDA ROLL NO...2016 Session : 2009-2010 HISTORY OF RELIANCE The Milwaukee Land Company purchased land from C.C. and Anna Herron for a town site in 1905 and the town was named Herron, but changed to Reliance when it was decided that the name Herron sounded too much like Huron. To the southwest stood a town site named Dirkstown and all of the buildings from there were moved into Reliance once it was learned the railroad would not be going through Dirkstown. Town sites were set up by the railroad company at about 10-mile intervals. Businesses, of the day, were set up immediately, probably the land office being the first. That and the first bank and the newspaper to advertise the land transactions. The lots sold for $200 for corner lots, $150 for inside business lots, $150 for residential corner lots and $100 for inside residential lots. Peter B. Dirks and a Mr. Montgomery, of the Farmers and Merchants State Bank from Dirkstown, purchased the first corner lot. Dirks' Trust and Title Company also opened a hardware and general store. Lafferty and Schoessler...
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...From a very young age Dhirubhai Ambani worked extremely hard to get himself out of the extreme poverty he was born into. Mr. Ambani self educated himself, and became independent with a vision to one day be successful. With little money he founded Reliance Industries which focused on the trade of many products within the borders of India, he even expanded the company to include outside trade. His trade company became one that grew to one of the richest family businesses in all of India. With the financial assistance of many investors he was able to run his business the way he envisioned it. Reliance Industries appeared to be structured similar to many U.S. family businesses. Mr. Ambani was the boss, his wife was his mediator/consultant, and his sons were groomed to one day lead the company into the future. Unfortunately Mr. Ambani passed away too soon, and his prosperous company did not know who was going to lead them. In India, Hindu law requires for the eldest son to automatically be given the companies head position. Reliance industry went another way though, they went ahead and did what a successful business would do rather than follow Hindu law. They thought about the success of the business first rather than follow a law that probably never seen a company like Reliance Industries. They based their decision on what Mr. Ambani would have wanted, and that is to ensure that the business he started will continue to grow and flourish. ...
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...A Brief Study On SWOT ANALYSIS OF RELIANCE COMMUNICATION WITH COMPETITOR IN DHANBAD AND SURROUNDING OFFICE OF RELIANCE COMMUNICATION LTD. DHANBAD PROJECT REPORT Submitted for Partial fulfillment for The Award of the Degree of Master of Business Administration (2007-2009) [pic] BHARATH UNIVERSITY School of Management Studies (Established in 1983 under Section 3 of UGC Act, 1956) 173, Agaram Road, Selaiyur Post, CHENNAI - 600073 Submitted by Anand Prasad Gupta Reg No. – PO7BA005 MBA (Marketing & HR) Session : 2007-2009 CONTENTS Guide’s certificate Organizational Certificate Acknowledgement Preface Chapter – 1 Introduction ❖ Concept of Reliance communication ❖ An Overview of current Market Scenario ❖ Brief Study of the Organization ❖ Organizational Set-up Chapter – 2 Main Studies ❖ Introduction of the Topic ❖ The problems being faced ❖ What does Company expect to do by solving the problem Chapter – 3 Methodologies Research problem Research Objective & sub- objective ...
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...History of Dhiru Bhai Ambani Introduction * Dhirubhai Ambani is referred as India's "Businessman of the Century". Founder of Reliance Group India. Childhood * Dhirubhai Ambani (Dhirajlal Hirachand Ambani) was born on 28 December 1932, at Chorwad, Junagadh in the now state of Gujarat (India). * Parents Name: Hirachand Gordhanbhai Ambani and Jamnaben. Entrepreneurship * Dhirubhai was the second son of a school teacher and started his entrepreneurial career by selling "pakora" to pilgrims in Mount Girnar. * At the age of 17, Dhirubhai went to Aden (now part of Yemen) and worked for A. Besse & Co. Ltd., the sole selling distributor of Shell products. * Two years later Dhirubhai was promoted to manage the company’s filling station at the port of Aden. * In the year 1958,Dhirubhai Ambani returned to Mumbai and started his first company, Reliance Commercial Corporation, a commodity trading and export house. * The first office was set up at the Narsinathan Street in Masjid Bunder. It was a 350 Sq.in partnership with Champaklal Damani. * In the year 1965, Dhirubhai Ambani started his own company. * In the year 1966, as a first step in Reliance's highly successful strategy of backward integration, he started the textile mill in Naroda, Ahmedabad. * Textiles were manufactured using polyester fibre yarn. Dhirubhai started the brand "Vimal". * Dhirubhai diversified his business with the core specialisation being in...
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...The 2G spectrum scam in India involved the issue of 1232 licenses by the ruling Congress-led UPA alliance[1] of the 2G spectrum to 85 companies[1] including many new telecom companies with little or no experience in the telecom sector at a price set in the year 2001. The scam involved allegations regarding the under pricing of the 2G spectrum by the Department of Telecommunications which resulted in a heavy loss to the exchequer, and the illegal manipulation of the spectrum allocation process to favour select companies The issue came to light after the auction of airwaves for 3G services which amounted to 677,190 crore (US$151.01 billion) to the exchequer.[2] A report submitted by the Comptroller and Auditor General based on the money collected from 3G licenses estimated that the loss to the exchequer due to under pricing of the 2G spectrum was 176,379 crore (US$39.33 billion).[3] The scam came to public notice when the Supreme Court of India took Subramaniam Swamy's complaints on record [With Case type:Writ Petition (Civil),Case No:10, Year:2011].[4]All the accused have been booked under sections 120(B) (criminal conspiracy), 468 (Forgery for purpose of cheating), 471 (using as genuine a forged document or electronic record), 420 (cheating and dishonestly inducing delivery of property) and 109 (abetment if the act abetted is committed in consequence, and where no express provision is made for its punishment) of the Indian Penal Code.[5] Politicians, Ministers and Parliamentarians...
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...* About Dhirubhai Ambani Dhirajlal Hirachand Ambani, better known as Dhirubhai Ambani, was one of India’s greatest visionaries and iconic business tycoons. He was the founder of Reliance Industries Limited (established in 1966) and contributed greatly to the company’s meteoric rise. Reliance Industries is now ranked among the world’s top 500 companies in terms of the revenue it generates. Dhirubhai Ambani also founded Reliance Capital and Reliance Power and remained a dominant figure in the textile, petroleum, power and infrastructure industries of India until his death in 2002. Dhirubhai’s rags-to-riches story remains one of the most retold legends of corporate India and is an inspiration to the youth of this nation. * Early Childhood and Education of Dhirubhai Ambani Dhirubhai was born on 28 December 1932, into a Modh Baniya family, in Chorwad village in the district of Junagarh, Gujarat. Father Hirachand Govardhandas Ambani and mother Jamunaben Hirachand Ambani were folks of limited means and raised Dhirubhai and his four siblings – Trilochanaben, Ramnikbhai, Jasuben and Natubhai – with all what they had then. Despite being the son of a school teacher, Dhirubhai showed little interest in formal education; however, he grew up to be a hardworking, intelligent and tenacious young man. Even as a teenager, Dhirubhai showed a great deal of skill in retailing, selling oil and setting up fritters stalls, thus earning money to help his impoverished family. After completing his...
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...The first time Mukesh Ambani disrupted Indian telecom, Sunil Mittal survived, even emerged stronger. Can he pull it off a second time? India, for Paul E. Jacobs — CEO of $11-billion telecom research and hardware company Qualcomm — has been like a box of chocolates, in a very Forrest Gump way. The good surprise came on June 11, 2010, when Qualcomm won the licence to offer broadband wireless access (BWA) in Mumbai, Delhi, Haryana and Kerala for $1 billion. The nasty one arrived on September 7, 2011, when the Department of Telecommunications rejected its application on flimsy grounds. “It was a silly technicality and the message being sent out by the government was: Even if you commit to investing $1 billion in India, you will be uncertain of your fate,” says B.K. Syngal, a 40-year veteran of Indian telecom and a principal with advisory firm Dua Consulting. Jacobs was surprised, but it was Sunil Mittal, CEO, Bharti Enterprises, who must have been stunned. Airtel was set to buy out Qualcomm’s spectrum, at least in Delhi and Mumbai, to roll out its fourth generation (4G) services. “For months, Airtel’s body language among vendors and partners suggested it viewed Qualcomm’s circles as its own,” says Kunal Bajaj, the India head of Analysys Mason, a telecom consulting firm. But Qualcomm’s rejection meant Airtel would not be able to offer 4G services in Delhi and Mumbai till the issue is sorted out. No one could be happier than Reliance Industries Limited (RIL). It is now the...
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...PROJECT REPORT Submitted for Partial fulfillment for The Award of the degree of Master in Business Administration (2008-2010) J K BUSINESS SCHOOL SOHNA ROAD, GURGAON (HARYANA) SUBMITTED TO: SUBMITTED BY: PROF.KHUSHAL KATARIA HEMANT PAL SINGH FACULTY GUIDE ROLL. NO.-JKBS083193 J K BUSINESS SCHOOL MBA PREFACE All the learning’s in our MBA course is practice oriented. However, hands-on experience in the corporate world during our course is very necessary to be able to test the ability and extent of learning of the student before fully entering the corporate world. The two months training which I underwent at Reliance, Jai Agency, Delhi(West) in was a wonderful learning experience. I was assigned with the project “SWOT analysis of reliance communication with competitor” With the guidance and suggestions provided by Mr. BHUPENDRA SINGH, my Industry Guide, I started first phase of my Project by doing a market analysis, After that I started with the second phase which involved research work pertaining to the customer analysis. In this report I have explained what I undertook based on research and my personal experience. I have also tried to understand business relations with the market developers, business strategies, and ethics and work compliance in an industry as an additional part of my study. HEMANT PAL SINGH JKBS083193 MBA II SEM ACKNOWLEDGEMENT It is my proud privilege to express a deep sense of gratitude and regard to My guide Prof. KHUSHAL KATARIA...
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...company wasfounded by the legendary Dhirubhai Ambani (1932-2002), is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 34 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. The Group's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles and retail. Reliance enjoys global leadership in its businesses, being 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. The Group exports products in excess of US$ 20 billion to 108 countries in the world. Major Group Companies are Reliance Industries Limited (including main subsidiaries Reliance Petroleum Limited and Reliance Retail Limited) and Reliance Industrial Infrastructure Limited. Dhirajlal Hirachand Ambani also known as Dhirubhai 28 December 1933...
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...NTRODUCTION: AN INVITATION TO BOMBAY The envelope was hand-delivered to our house in Golf Links, Tan enclave in New Delhi whose name captured the clubbable lifestyle of its leisured and propertied Indian residents, soon after we had arrived in the middle of a north Indian winter to begin a long assignment. It contained a large card, with a picture embossed in red and gold of the elephant-headed deity Ganesh, improbably carried on the back of a much smaller mouse. Dhirubhai and Kokilaben Ambani invited us to the wedding of their son Anil to Tina Munim in Bombay. In January 1991, just prior to the explosion in car ownership that in later winters kept the midday warmth trapped in a throat-tearing haze overnight, it was bitterly cold most of the time in Delhi. Our furniture had still not arrived-a day of negotiations about the duty payable lay ahead at the Delhi customs office where the container was broken open and inspected-and we camped on office chairs and fold-up beds, wrapped in blankets. The Indian story was also in a state of suspension, waiting for something to happen. The Gulf War, which we watched at a big hotel on this new thing called satellite television, was under- cutting many of the assumptions on which the Congress Party’s family dynasty, the Nehrus and Gandhis, had built up the Indian state. The Americans were unleashing a new generation of weap- ons on a Third World regime to which New Delhi had been close; its Soviet friends were standing by, even agreeing with...
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... PREAMBLE WE, THE PEOPLE OF INDIA , having solemnly resolved to constitute India into a SOVEREIGN SOCIALIST SECULAR DEMOCRATIC REPUBLIC and to secure to all its citizens: JUSTICE, social, economic and political; LIBERTY, of thought, expression, belief, faith and worship; EQUALITY of status and of opportunity; and to promote among them all FRATERNITY assuring the dignity of the individual and the unity and integrity of the Nation; Page 3 IN OUR CONSTITUENT ASSEMBLY this twenty-sixth day of November, 1949, DO HEREBY ADOPT, ENACT AND GIVE TO OURSELVES THIS CONSTITUTION. Reliance Industries Limited Contents 5 8 14 20 34 37 40 45 49 53 56 59 62 64 65 69 90 94 96 98 99 112 117 4 Dhirubhai Ambani - End Of Era The Reliance Industries Ltd Business Exploration And Production. Petroleum Refining And Marketing Retail Reliance Fresh Reliance Digital Reliance Jewels Reliance Institute Of Life Science – The Clinical Research Services Group Of Reliance Reliance Logistics Reliance Solar Group Relicord Reliance Infrastructure Reliance Communications Reliance Infocomm Reliance Power Ltd Reliance Mutual Funds Investors Relation Reliance : The...
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