...When people think of the company name Reliance they think success, a story as unique as its founder Dhirubhai H. Ambani, who built the Reliance Empire from an initial capital of just $300. It is a story of dreams becoming reality, of an Indian enterprise transforming itself into a global corporation. Today, Reliance Industries is led by the eldest son of Dhirubhai H. Ambani, his name is Mukesh D. Ambani. He is the Chairman and Managing Director in India. The company covers the entire energy value chain, starting with oil and gas and continuing on through refining, petrochemicals, chemical and textiles. The birth of reliance all start with a man name Dhirajlal Hirachand Ambani, one of the leading Indian businessmen, was born on December 28, 1932 in Chorwad, Gujarat. He is popularly known by Dhirubhai Ambani, he was the heads The Reliance Industries, India's largest private enterprise. 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 making modest profits, he saw the opportunity to move in the textiles business and opened his mill near Ahmedabad. Dhirubhai founded Reliance Industries in 1958. After that it was a story of expansions and successes. He started working as a clerk for an oil company that was the sole distributor of Shell products there. While in Aden, he realized that a discrepancy between the rial-sterling exchange rate and the intrinsic value of the silver content...
Words: 916 - Pages: 4
...Dhirubhai Ambani and Reliance "Our dreams have to be bigger. Our ambition higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India." - Dhirubhai Ambani. "The country has lost an iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination, can achieve in his own lifetime. Not only did Ambani build a large and diversified business conglomerate but also inspired many first generation entrepreneurs with his success." - Atal Bihari Vajpayee, Prime Minister, Republic of India. "Dhirubhai built an empire that is rock solid and he will always remain an icon." - Kumar Mangalam Birla, Chairman, Aditya Vikram Birla Group. The Death of an Icon The 6th of July 2002 was a black day in the Indian corporate history. The Founder and Chairman of the Reliance group of Industries (Reliance), Dhirajlal Hirachand Ambani (Dhirubhai) died after a 13 day battle for survival. A perfect combination of entrepreneurship and leadership, Dhirubhai transformed Reliance from a company with a turnover of Rs 640 million in 1976, to one with a turnover of Rs 620 billion in 2002. Starting with a small textile mill in Naroda, in 1966, Dhirubhai took Reliance into various areas like petrochemicals, polyester filament yarn, oil and gas exploration and production, refining and marketing of petroleum, textiles, power, telecom services, information management and financial services (Refer Exhibit I for Reliance Group of Companies)...
Words: 4105 - Pages: 17
...“Self-Reliance” Imagine someone in this world today who doesn’t have self-reliance. Self-reliance is very important to a man or woman’s confidence. The difference between being self-reliant and not self-reliant can also be the difference between someone who makes a difference in this world versus someone who is a bystander. Even a person who doesn’t make a huge difference in this world can live a less stressful life by being self-reliant. The opposite of this is someone who conforms to everyone else’s behaviors and doesn’t have a strong opinion or impact of this or her own. In order to live a successful life one needs to be self-reliant. Along with these self-reliance a person will also live with inner peace and happiness, trusting his or her self.of self-reliance. Emerson makes some very good points about non-conformity and the negatives that can come with it. In Emerson’s “Self-Reliance” essay, he believes that self-reliance is the unbreakable trust in one’s own intuitions. He states this when he says, “To believe your own thought, to believe that what is true for you in your private heart is true for all men,—that is genius” (3). He believes that if a person believes that his or her belief is true for everyone, then that person is self-reliant, and in his eyes, that makes this person a genius. Emerson also believes that it can be hard to be self-reliant because of today’s world and the harsh society that it harbors. An example of this is when he says, “For non-conformity...
Words: 1621 - Pages: 7
...Sanaya Williams PH-221 Professor Bradley Final Paper- Ralph Waldo Emerson Self-Reliance “Self- Reliance” is considered one of Ralph Waldo Emerson’s best-known essays. The essay was first published in 1841 in his collection, Essays: First Series. This essay contains the most thorough statement of Emerson’s emphasis on the need for individuals to avoid conformity and false consistency, and instead follow their own instincts and ideas. This essay shows Emerson’s ways for making and translating classical philosophy and turning it to comprehensible language, and signifying its relevance to everyday life. It is broken into three sections: the value of and barriers to self-reliance, self-reliance and the individual, and self-reliance and society. The Value of and Barriers to Self-Reliance was my favorite section. Emerson began his essay with the assertion, “To believe in your own thought, to believe that what is true for you in your private heart is true for all men.” This one statement summed up what I thought self-reliance was which was the reliance upon one’s own thoughts and ideas. In this section Emerson argues that people such as Plato are held at the highest regard simply because they spoke what they thought. Plato did not rely on the words of someone else, books, or tradition. Emerson explained that another barrier for self-reliance is the fear of our own consistency. A quote that went along with his example would be “a reverence for our past act for computing out...
Words: 650 - Pages: 3
...PROF. RAJESH RANJAN telecom industry-reliance communication MARKETING RESEARCH PAWAN VISHYA ROLL NO- 112 PGDM- MARKETING INTRODUCTION Reliance Communications Ltd. (commonly called RCOM) is an Indian Internet access (commonly called "broadband") and telecommunications company headquartered in Navi Mumbai, India. RCOM is India's second largest telecom operator, only after Bharti Airtel. It is the 15th largest mobile phone operator with over 150 million subscribers. Established in 2004, it is a subsidiary of Reliance Anil Dhirubhai Ambani Group. MAJOR SUBSIDIARIES Subsidiary Reliance Telecommunication Limited (RTL) operates in Gujarat, Madhya Pradesh, West Bengal, Himachal Pradesh, Odisha, Bihar, Assam, and the northeast of India. It first offered GSM services in January 2003. Reliance Tech Services is the IT services wing of Reliance Anil Dhirubhai Ambani group. It provides IT consultancy, business process outsourcing and software development for Reliance Communications and other ADA group companies. Reliance Global com owns the Fiber-Optic Link around the Globe undersea cable system RIDC provides Internet data center (IDC) services located in Mumbai, Bangalore, Hyderabad and Chennai. MOBILE On 19 May 2010, the 3G spectrum auction in India ended. Reliance Communications paid INR 58642.9 million for spectrum in 13 circles. The circles it will provide 3G in are Delhi, Mumbai, Kolkata, Punjab, Rajasthan, Madhya Pradesh, West Bengal...
Words: 1301 - Pages: 6
... (2008-2010) [pic] 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...
Words: 15428 - Pages: 62
...Party had anything to do with the contracts" and that "the reference to the Indian Congress party with respect to Contract No M/10/57 is not justified at all." The impression left in an average reader's mind is that the Authority, by its repeated asseverations to the above effect, wanted to drive home the innocence of the Congress Party beyond all ambiguity or misunderstanding, although this seemingly contradicts its opinion that the sources, materials and documents collected by [Volcker] were "authentic and reliable". Another incongruity There is yet another incongruity as well: Of the four from India named by Volcker report as non-contractual beneficiaries (meaning that they had no obligation to supply food or humanitarian goods to Iraq), Reliance Petroleum and Prof Bhim Singh had already corroborated the entries about them, with the former maintaining that the allocations were handled as a regular commercial transaction, and the latter, that an offer of the allocation of the specified number of barrels was indeed made to him but not accepted as a matter of principle. This lends a semblance of credence to the...
Words: 4030 - Pages: 17
...RELIANCE INFOCOMM’S STRATEGY AND IMPACT ON THE INDIAN MOBILE TELECOMMUNICATION SCENARIO SANGEEETH VARGHESE* CONTENTS 1.0. INTRODUCTION:..................................................................................................... 2 2.0. THE VISION, SCALE AND COMPLEXITY: .............................................................. 2 3.0. PRICING STRATEGY.............................................................................................. 3 3.1. Dhirubhai Ambani Pioneer Offer – Democratizing Mobiles: .................................. 3 3.2. Monsoon Hungama Scheme - Showers of Mobiles: ............................................. 5 3.3. Pre-paid Offering - Market Consolidation:............................................................. 5 3.4. Cost Management - The Inside Picture ................................................................ 6 4.0. SALES AND MARKETING STRATEGY: .................................................................. 8 4.1. Customer Generation - Tapping in to Internal Resources: .................................... 9 4.2. Dhirubhai Ambani Entrepreneurship Programme – A New Way to Market: .......... 9 4.3. Advertising – Educating Masses and Evoking Passions: ....................................10 4.4. RWorld – Reliance Way of Putting the World in Your Hands: .............................11 4.5. Product Innovations - Connecting with Every Section of Society: .......................12 4.6. Customer Service – Icing on the Marketing...
Words: 8616 - Pages: 35
...RELIANCE COMMUNICATION [pic] [pic] INTRODUCTION A DREAM COME TRUE The Late Dhirubhai Ambani dreamt of a digital India — an India where the common man would have access to affordable means of information and communication. Dhirubhai, who single-handedly built India’s largest private sector company virtually from scratch, had stated as early as 1999: “Make the tools of information and communication available to people at an affordable cost. They will overcome the handicaps of illiteracy and lack of mobility.” It was with this belief in mind that Reliance Communications (formerly Reliance Infocomm) started laying 60,000 route kilometres of a pan-India fibre optic backbone. This backbone was commissioned on 28 December 2002, the auspicious occasion of Dhirubhai’s 70th birthday, though sadly after his unexpected demise on 6 July 2002. Reliance Communications has a reliable, high-capacity, integrated (both wireless and wireline) and convergent (voice, data and video) digital network. It is capable of delivering a range of services spanning the entire infocomm (information and communication) value chain, including infrastructure and services — for enterprises as well as individuals, applications, and consulting. Today, Reliance Communications is revolutionising the way India communicates and networks, truly bringing about a new way of life. INDIA ’S LEADING INTEGRATED TELECOM COMPANY Reliance Communications is the flagship company of the Anil Dhirubhai Ambani Group (ADAG)...
Words: 7204 - Pages: 29
...Technology Study the Supply Chain of Fruits and Vegetables of Reliance Fresh By Vishal K. Patel (201013015) 201013015@daiict.ac.in To Dr. Girja sharan 2 DECLARATION I VISHAL K PATEL, Post Graduate student of Information and Communication Technology in Agriculture and Rural Development 2010-11 batch, from Dhirubhai Ambani Institute of Information and Communication Technology (DA-IICT), Gandhinagar, Gujarat. Hereby declare that this project report titled, “Study the Supply Chain of Fruits and Vegetables of Reliance Fresh” is an original study and has been carried out by me as a part of winter project under the guidance of Mr. Mr. Shusilkumar singh (Project Director cum zonal head) in Reliance Fresh Ltd I further declare that no any part of this report has been copied from any source, or if taken, the original source has been given due credit in the content. I have worked for four months on our winter project as required under manual of policies of our institute. Place: Date: Vishal K Patel Id: (201013015) 3 CERTIFICATE This is certifying that Mr. VISHAL K PATEL student of post graduate institute of DA-IICT (Dhirubhai Ambani Institute of Information and Communication Technology), Gandhinagar has satisfactorily completed his project work from 1/01/2012 to 30/04/2012 in Reliance Fresh Ltd. He has undertaken the project of “Study the Supply Chain of Fruits and Vegetables of Reliance Fresh” and has submitted the same to us. While during this project...
Words: 2876 - Pages: 12
...Cynthia Dunn April 28, 2012 Self- Reliance AML 2000-17 Instructor Wiggs Virtues are in the popular estimate rather the exception than the rule (Bryant, 2008). Emerson describe as some pieces of individual characters or donations paying fine in favors daily in front of a big no imaginary parade, that we as men our work is finished when we said we sorry to a busy living world, as no valid or no senses pay high price. Emerson said that our virtues are hatred and offences to god. He (Emerson) does not need favor, but just to live. In conclusion he said that our life is for itself and not for a spectacle, so as some exceptions were given by the biggest Virtuosos like Beethoven or Chopin to the public in big spectacle with their music as composers, rather than the rule given by their music professors. A foolish consistency is a hobgoblin of little minds, adored by little statesmen and philosophers and divines (Bryant, 2008). Foolish is a person or action lacking good sense, judgment, unwise, now hobgoblins are little hairy men, friendly but troublesome creatures. Emerson describe a great man has simply nothing to do when his action are in consistency that he may as well concern himself with his reflex ion on a wall, that he speak his mind now with strong word, and tomorrow speak what tomorrow will have in mind with strong word again, and thoughts it challenge everything you said today. In conclusion people had a misconception on Pythagoras, and Socrates, and Jesus...
Words: 299 - Pages: 2
...About Reliance Communications: Reliance Communications Limited founded by the late Shri. Dhirubhai H Ambani (1932- 2002) is the flagship company of the Reliance Anil Dhirubhai Ambani Group. Rated among “Asia’s Top 5 Most Valuable Telecom Companies”, Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of over 40 million including over 1.3 million individual overseas retail customers, ranks among the Top 10 Asian Telecom companies by number of customers. Reliance Communications’ corporate clientele includes 1850 Indian and multinational corporations, and over 200 global carriers. Reliance Communications Case Study February 2008 Background Reliance Communications is the second largest telecommunications company in India. The company is the telecommunications arm of Reliance Group, which is the largest private sector company in India. In 2007, the company’s subscriber base exceeded 40 million and was growing at an annual growth rate of 50% per year. The company was quickly adding features and services to its traditional wired-line, pre-paid mobile, and post-paid mobile offerings to meet customer demand and increase market share in a highly competitive business environment. Business Challenge The increase in demand for Reliance’s services was producing explosive growth in the systems and infrastructure required to operate the business. The need to provide accurate, timely analytics to all...
Words: 938 - Pages: 4
...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...
Words: 979 - Pages: 4
...ABSTRACT Reliance Infocomm offers a complete range of telecom services, covering mobile and fixed line telephony including broadband, national and international long distance services, data services and a wide range of value added services and applications that will enhance productivity of enterprises and individuals. Reliance IndiaMobile, the first of Infocomm's initiatives was launched on December 28, 2002, the 70th birthday of the Reliance group founder, Shri. Dhirubhai H. Ambani. This marks the beginning of Reliance's dream of ushering in a digital revolution in India by becoming a major catalyst in improving quality of life and changing the face of India. It aims to achieve this by putting the power of information and communication in the hands of the people of India at affordable costs. RIC is currently offering its wireless services in 1,100 towns and cities across India. In January 2004, Reliance Infocomm (RIC) acquired 100 per cent of the undersea cable company, FLAG Telecom for US$ 211 million through Reliance Gateway Net Limited, a wholly owned subsidiary of RIC. Reliance WebWorld : Reliance's strategy of vertical integration Reliance WebWorld is the retail interface initiative of the Infocomm juggernaut and a part of Reliance's strategy of vertical integration. 4 INDEX RELIANCE GROUP VISION MISSION FACTS RELIANCE INFOCOMM PLANS AND IMPLEMENTATION STRATEGY TO PROMOTE INFOCOMM VALUE CHAIN TECHNOLOGY ENTRY STRATEGIES MARKETING STRATEGY ...
Words: 1305 - Pages: 6
...Reliance Industries Limited CSR Initiative Analysis About Reliance Reliance Industries Limited (RIL) is India's largest private sector enterprise with businesses across the energy and materials value chain and a strong presence in the rapidly expanding retail, telecommunications and media sectors. RIL's diverse projects and operations touch lives of people in many ways and create value by helping in overall and holistic development of communities across multiple geographies. Through its various initiatives, the group endeavours to play a relevant role by serving communities and projects that address gaps in basic societal requirements. Reliance’s Philosophy RIL seeks to continue its contribution to the society through its distinct value proposition that meets the needs of millions of people, enhancing their lives through healthcare, improving quality of living by providing education and enabling livelihoods by creating employment opportunities-through the following: a) For the Business- value created for the society through business (including employment generation, market growth, creating opportunities etc.) b) By the Business- value created through CSR initiatives across different operatingfacilitieswithappropriatelinkagestolocalcommunitiesinwhichtheyoperate. c) Beyond Business- value created through interventions for the communities in diverse geographies across India. The key philosophy of all CSR initiatives of RIL is guided by three core commitments...
Words: 1665 - Pages: 7
