Monday, July 11, 2005

Almost illiterate built it! Well educated almost broke it!

I am talking about Dhirubhai Ambani(Illiterate) and his sons Mukesh and Anil Ambani(educated from Stanford and Wharton school of business).

DhiruBhai Ambani was seemingly an illiterate person. However, he was the first person who gave Tatas and Birlas run for their money. Tatas and Birlas are the one who dominated the country’s industrial landscape for nearly a century. Dhirubhai Ambani - Entrepreneur built up the first Indian business to feature in the Forbes 500. One of India’s most dynamic and flamboyant entrepreneurs, Dhirubhai Ambani was head of the multibillion-dollar Reliance group of industries with extensive interests in textiles, petrochemicals, energy and telecommunications.

Think big, think fast and think ahead. This inspired Dhirubhai Ambani to start from being a petrol pumpp attendent at the age of 17 to being head of $12.3 billion Reliance industries. Read more on Dhirubhai Ambani.

And, how about Anil Ambani and Mukesh Ambani. As soon as Dhirubhai died, they started the battle. "Bantwara" is called in Hindi which means split. They almost fought with each other (luckily weapons were not used.:)). It was war of words, war of emails, war of press releases and war of what nots. Finally, Kokilben got in between and resolved the "Bantwara" by splitting Reliance industries in two majors parts.

What is the use of MBA education from Stanford and Wharton? Anyways, life must go on!

2 comments:

Manjunatha said...

Reliance might have given Tatas and Birlas run for their money. However, it would be in interesting to know how many of JRD Tata's ideals while doing the business were followed by Ambanis. Today's most sophisticated dance forms had vulgar beginnings, complex scripts had rudimentary beginnings, however, Reliance doesn't want to evolve from dirty business tactics. It's a long way for them to command the respect that Tatas have.

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