Dhiru Bhai Ambani biography

Dhirubhai Ambani born in 28 December 1932 was
Indian businessman
Was born in chorwad junagadh gujarat
Dhirubhai Ambani is founder of reliance industries
Dhirubhai Ambani started reliance in 1977 in 2016 dhirubhai Ambani received Padma Vibhushan for contribution in trade industry in 1958 Ambani started own business in textile and left school and also worked in petrol pump after returning Indian Ambani started partnership business with cousin import export business first office was at masjid bunder in 1965 ended partnership and started own business lived in Mumbai In 1973 it became reliance industries And launched vimal sold polyester material of saree shalwar suits dress In 1986 dhirubhai Ambani handed reliance to Mukesh Ambani and anil ambani in July 2002 dhirubhai Ambani breathed last and in 2007 movie made guru on life of dhirubhai Ambani by mani ratnam dhirubhai Ambani wife is kokilaben Ambani and children Mukesh Ambani and anil ambani Nina Kothari and deepti salgaocar dhirubhai Ambani was exporter and industrialist Dhirubhai Ambani father was school teacher Dhirubhai Ambani first job was of clerk in 1958 Ambani came back india 1950 dhirubhai Ambani started trading in spices business and then started textiles and in 1966 made reliance textile mill then did plastic and power generation business In 2001 dhirubhai Ambani received lifetime achievement award by economic times Dhirubhai Ambani featured in magazine asiaweek for 3 years for 50 most powerful people of asia Dhirubhai Ambani was top business man of 20th century Dhirubhai Ambani first office in narsinathan in masjid bunder Mumbai 350sqft office with 2 table 3 chair telephone In 1996 reliance industries was number 1 private company Dhirubhai Ambani studied till 10th There is school in name of dhirubhai Ambani international school in Mumbai Dhirubhai Ambani was wealth creator and self made genius corporate business man and build largest biggest top private company Reliance was first ever Indian company to list in global fortune 500 1966 dhirubhai Ambani opened Indians first textile mill reliance deals with petrochemical plastic power generation added in business and also traded spices after that he handed business to his son today reliance offer deals with shopping aviation fuel transportion fuel Dhirubhai Ambani took risk and know the importance of marketing Dhirubhai Ambani received many awards dhirubhai Ambani did yarn trading business dhirubhai Ambani created history and was a powerhouse in business he was business minded reliance entered in telecom industry Mukesh Ambani legacy is continuing by there sons today reliance did refining energy and fiber business also in 2005 4 new business created power distribution financial services  telecommunication Dhirubhai Ambani created corporate history in Indian market In aden yemen dhirubhai Ambani worked in gas station and clerk in oil company after coming in india he set up textile trading company with rupees 50k Reliance also provide information technology power infrastructure services captital markets reliance had many investors was in stock market 1980 then reliance took hight credit in international market Times of India voted as greatest wealth creator of century First reliance was founded as polyester firm then named reliance then company came in financial and petroleum dhirubhai Ambani studied till 10th and did small job earned 300 then become business tycoon At 17 dhirubhai Ambani worked in petrol pump then became manager of company then dreamed to become business tycoon Then dhirubhai Ambani did textile business majin with cousin export spice rayon in yamen and import polyester first office in narsinatha street office was 33 meter sq in 1986 dhirubhai Ambani got major stroke there is hospital named Kokila dhirubhai Ambani hospital in Mumbai it's number 1 in western India Dhirubhai Ambani made riches story there shareholders were largest there were so many share holders of company for shareholders had organise annual general meeting in football stadium Dhiru Bhai Ambani reliance became india s biggest business house started in Mumbai and all venture became very successful was top in life Ambani fulfilled all his dreams turned them in reality did major impact in industrial growth dhirubhai Ambani was the most prominent business tycoon of 21st century dhirubhai Ambani was 2 nd richest family in world. Dhirubhai Ambani story is inspirational total also dhirubhai Ambani first started business was selling street food Dhirubhai Ambani strategy were brilliant that made reliance of USD 2.9 billion dhirubhai Ambani story is interesting inspirational life lesson determination to overcome obstacles Ambani belong to baniya community started job at early age Dhirubhai ambani worked Yemen for a besse and co and become world 500 richest man it's a story of riches that teaches courage determination and did trade and exports in spice like ginger cardamon and pepper and goal was to grow high 1966 open textile mill in ahemdabad and become from trader to industrialist and established various business dhirubhai Ambani think big dreamed and achieve own and higher ambitious dhirubhai Ambani turned all in reality made refining company and changed India's equity market Ambani got phenomenal growth reliance was first company to access gdr market and bond in us debt market 50 to 100 years reliance created world class project and jamnagar project created history the project were global level world class in technology it's was globally openly competitive dhirubhai Ambani readed magazine and created report on international national economy reliance archived milestone Dhirubhai Ambani is founder of reliance industries reliance power reliance capital Dhirubhai Ambani did multiple business in one life he being a spice dealer cloth merchant textile producer he did multiple things in a one life his burning desire to make a good future good life and made a way of living and became winner doing work in energetic way and never say no to any work and worked in every different sector never let obstacles came near him created a largest biggest foundation he was very strong in business that created a history that became a legacy that is very inspirational for coming next generation that made revolutionary and conquered the universe and tasted sky high success and did trading in Europe America Asian country it was only dhirubhai Ambani concept vision and creator to create reliance and became billionaire and build Empire and was honoured life time achievement award for corporate excellence and was man of century got highest honour with global asian award for asian business leadership forum awards Dhirubhai Ambani made himself king and Prince of corporate business tycoon and lived fascinating life and sold fabric did nylon fabric business and awarded excellence from world bank dhirubhai Ambani reliance Is iconic business and lived larger then life reliance turnover in 1970 was 70 crore in 2002 the empire was 75000 dhiirubhai Ambani never gave up and he think big he worked with perfection he made his dream came true World's largest grass root refinary in jamnagar gujarat in 2002 reliance oil and gas introduced dhirubhai Ambani traded sugar in golf Emirates and vimal became best selling fabric and wrote his own history by creating business his business was sensation in 1970 80 he was innovative creative he made is path own Dhirubhai Ambani started selling in vendor use to sell food dhirubhai Ambani had ability to succeed on own and sold spices outside and polyester he took risk effort in list of India's wealthiest people in 2000 dhirubhai Ambani was in top made place there Dhirubhai Ambani visited big hotels as big business people also goes there so he visit big hotels and he quickly got fame Cloths were made of Polyester trade dhirubhai Ambani got licence do to polyester buiness and got sky high success Dhirubhai Ambani is a well known business tycoon and increased his business in each and every sector he is made list in Asia most success full business tycoon and making his business top in world today it have 3,42,982 people working for reliance and achieved business week of star of Asia and business man of the year Dhirubhai Ambani sold street food first salary 300 he was a greatest iconic man of India and changed business world dhirubhai Ambani father name is Hirachand gordhanbhai Ambani dhirubhai Ambani story is open book his father was behind dhirubhai Ambani success dhirubhai Ambani worked in gas station in Mount girnar dhirubhai Ambani sold street food many times he changed business name and worked for trading company and ruled in stock market his life journey is very motivational and to meet rich people used to have tea in expensive restaurant and got married in gujarat in traditional way Dhirubhai Ambani took reliance to another level took it to next level Dhirubhai Ambani was a god gifted he had many quality he was expert in business and was buiness minded Dhirubhai Ambani son was born in aden During struggle bank refused for Finance investment Dhirubhai Ambani was director Bombay yarn merchant Nylon textile factory there in ahemdabad When he came Mumbai from aden yemen he had 500 rupees in pocket and when he died there many people gathered Dhirubhai Ambani became chairman Reliance owned 5th refinery in world in jamnagar the value of reliance was skyrocket Dhirubhai Ambani spent 8 years in aden in 1958 he started trading and achieved his goals and became owner of spinning mill ahemdabad reliance industries raised equity capital had investors in 1000 and there retail outlets had franchise in 100 In 1980 election dhirubhai Ambani shared stage prime minister of India in rally and was close to finance minister Pranab mukharjee and he manufacture synthetic fabric for Polyester production reliance manufacturing terephthaic acid In 1989 dhirubhai Ambani became chairman of l and t And then sold stack in l and t Reliance was placed in Forbes for world's wealth and in fortune magazine 500 companies reliance had 3 % of India's gdp 5 percentage of country 10 percentage of tax 15 percentage of Bombay stock exchange and 30 percentage of total profit He has great management skills and professional reliance was also into power generation insurance life sciences and internet broadband Dhirubhai Ambani is inspirational for new generation entrepreneurs Textile mill in narod gujarat Reliance sales kept growing Dhirubhai Ambani became world's richest it was a golden era for entrepreneurs Dhirubhai Ambani offered help to Amitabh bachchan in financial when he was bankrupt For sometime dhirubhai Ambani worked in dubai Dhirubhai Ambani created India's biggest industrial empire He wrote made history in corporate sector And was featured in Forbes billionaire Dhirubhai Ambani played a key role in india stock market Dhirubhai Ambani achieved lot in life he lived in sky He is light and inspiration Reliance share market demand increased 180 rupees a min He became king of reliance Dhiru Bhai Ambani got more recognition then other buiness tycoon Dhirubhai Ambani took risk to achieve everything he wanted He has skills in retailing and selling In 1998 income tax sended notice to reliance reliance offered 25 crore Ambani won against wadai Dhirubhai Ambani company bring return for investors 1986 annual general meeting  was cross maidan where 30000 shareholders attended Dhirubhai Ambani control Mumbai stock exchange Reliance demand increased in stock market Dhiru Bhai Ambani gave share to bear cartels and earned profit Dhirubhai Ambani won dean medal in 1998 for outstanding leadership by Wharton school University of Pennsylvania Dhirubhai Ambani story will inspire coming generation Dhirubhai Ambani changed the game he did not let price fall of his share 24 lakh investor started investing in reliance Reliance made profitable deal entire stadium booked for annual general meeting of reliance people had faith in reliance so use to invest in reliance reliance was progressing as reliance was safe Dhirubhai Ambani sold spices to shiekh in Arabia And also send soil to shiekh and earned profit In 1980 he started Polyester plant raigad patalganga Due to flood the project got ruined Again this project started and completed Reliance earned daily profit In 1977 reliance released first ipo And reliance stock kept reached Dhirubhai Ambani never gave up In May 1982 reliance stock reached skyrocket it was golden period for reliance Dhirubhai Ambani made miracle created revolution reliance Dhiru Bhai Ambani is role model for many business tycoon he expanded reliance in huge way Dhiru Bhai Ambani was intelligent energetic Very well he know how to get things done get what he wanted Due to financial problems at house he started earning to support family expense In 1947 dhirubhai Ambani joined praja mandal movement Dhiru Bhai Ambani had intrest in politics then passion about buiness Dhirubhai Ambani involved in election And also purchased and sale all type of goods Kokilaben supported dhirubhai Ambani He dealed with exporters Reliance corporation kept growing Dhirubhai Ambani gave directly fabrics to retailers Reliance launched first ipo and 58000 invested Dhirubhai Ambani was third richest in the globe Dhirubhai Ambani earned 10 lakh from first office Reliance is first company to reach international market raise money and first to be in Forbes Dhiru Bhai Ambani business establishment was the rockstar of the corporate world Dhiru Bhai Ambani had guts to become rich business There was meeting happened for dhirubhai Ambani to be chairman of l and t Dhirubhai Ambani was elected at general secretary of student union and delivery  first speech in rally to stop the ban of flag ceremony and did flag ceremony with students in school ground and even summon by police but he was small so police didn't charge him was threatened but then police let dhirubhai Ambani go Dhiru Bhai Ambani in teens joined rally with students and wrote patriotic slogan in wall and carried banned newspaper and hide in t-shirt to rebel and distribute leaflets to rebel leaders Sardar Patel was dhirubhai Ambani inspiration and in public meeting he said was excited to see him In 2002 dhirubhai Ambani in featured in indian stamp Dhiru Bhai Ambani got 2 nd highest civilian honour for contribution in trade And was also accused for manipulation In market Dhirubhai Ambani father was village school teacher dhirubhai Ambani belong to junagadh Malia tuluka and studied in bahadur khanji school junagadh he tried business in india in textile Also lived in aden and also worked in petrol pump Dhirubhai Ambani way of doing business was different unique Dhirubhai Ambani builded inventories  to increase profits Team for world bank visited at reliance textile manufacturing unit and did nicely marketing of brand vimal and it's interiors and marketing made vimal household name and franchise retail outlets sold only vimal  Reliance came for right against the partly convertible debentures issue the rumour of reliance was in air they are trying to ensure that the stock market did not slide in a inch the bear cartels took opportunity stock broker group from Calcutta sell the share of reliance and other stock brokers groups buyed the sold shares of reliance industries on Bombay stock exchange The bear cartel acted as there was a short of cash for completing transaction they will be ready for settlement in badla trading system in operated by Bombay stock exchange the bulls brought price of 152 per share and to mainted under settlement the bulls were taken back when they demand physical delivery of shares for completing the transaction who brought shares from reliance provide more amount of money it was a case of non settlement they demanded unbadla or penalty sum of 35 per share they increased there demand and the reliance share shot above 180 in a minute it caused uproar in market to control and find solutions of the situation Bombay stock exchange were closed for 3 days the authority came in this matter and brought down the rate unbadla with 2 rupees the told the bear cartel had to dilevery the shares in next few days the bear. Cartel brought shares from reliance in higher market price and he find that dhiru Bhai Ambani supplied shares to bear cartel to earn good profit From bear cartel The question were raised by detractors and press after this incident and many people were not able to understand that how in few years ago how yarn trader were able to get such huge amount of cash flow in crisis period the finance minister Pranab mukharjee given answer in parliament he told the house Indian non resident invested upto 220 million in reliance companies like crocodile lota fiasco investment routed . The company were registered in isle of man Shah were common surname of promoters and owner of this company and reserve Bank of India did investigation and found that no illegal unethical acts or transaction by reliance or there promoters did. After getting 2 stock dhirubhai Ambani was in coma for more than week even minister and government showed grief condolences after he passed away after dhirubhai Ambani death Mukesh and Anil Ambani had ownership issue there were difference in  them the business was divided one group head was Mukesh Ambani other Anil Ambani Mukesh Ambani became CEO and Anil Ambani chairman reliance is Indian second company to get largest revenue and has more than 250000 employees and ranked in top 100 in fortune 500 Hamish McDonald wrote biography of dhiru Bhai Ambani name was the Polyester prince and wrote about politics and business it was not published because Ambani gave threat to take legal action another title was Ambani and sons in film guru it showed the struggle of man to make a big in indian business world in movie the name was Shakti group the rise of dhiru Bhai Ambani is his biography there is institute in name of dhiru Bhai Ambani is dhirubhai Ambani institute of information and communication technology When Kokila Ambani received Padma Vibhushan on behalf of late dhirubhai Ambani entire Ambani family were present at Rashtrapati bhawan Anil Ambani told that his father was the greatest entrepreneur and wealth creator in the history of India the legacy of dhirubhai Ambani continues to provide inspiration to millions of young people who are dreamers ambitious to be entrepreneurs Mukesh Ambani in award told it's an honour to spirit of Indian entrepreneurs who are  innovative ambitious indomitable who do better best the rest of the world this honour was given to dhirubhai Ambani after 14 years of passed away There were charges in reliance of 100 crore mis  declaring purified terephthaic acid plant in patalganga near too Bombay For industrial licence reliance applied to government with capacity of 1.5 lakh tonnes to set imported pta plant the proposal under monopolies and restrictive trade practice act the department of current affairs cleared but it was 75000 tonnes per annum in the clearance the letter of intent was issued by industry minister doctorate of technical development from this letter of intent it got converted into industrial licence To obtain a letter of intent or industrial licence for plant of manufacturing paraxylene raw materials of pta reliance did to made attempt raw materials handling unit it got permission to set up it was full fledged paraxylene plant the official said Paraxylene produced for captive use only reliance said in applying for unit meant for 51000 tonnes paraxylene a year capacity unit to produce 75000 tonnes pta to produce enough all this authorities customs questions all this figure import plant equipment soon begin after reliance the approved capacity 75000 tonnes pta plant import were suspicions the paraxylene plant were commissioned in 1988 till the end of the year import were continued all was not above board they felt on this point customs decided to act A period on nine months reliance report said 67968 tonnes of paraxylene company had produced company claimed raw materials handling unit to the annual capacity it was equivalent to 90264 the capacity was far higher than 51000 tonnes 133270 tonnes of pta from 90624 from paraxylene further argued Used to produce The actual capacity is 150000 tonnes the official custom suspect PTA and paraxylene units have double the claimed capacity if Bombay customs can establish reliance in custom duty extra 100 crore company may have to work out For captive consumption reliance raw material capital handling to produce paraxylene the only charge was not tax evasion To indicate that paraxylene is sold in open market they have sealed the factory gate passes official claim They want to replace electric motors with steam generate drive motors to install new equipment reliance had applied for government permission to generate power new equipment turbo generator is used a power plant was set by reliance pretext of replacing equipment custom officer believe captive consumption of paraxylene condition was valid till last year the accusations was denied by reliance it was permitted to sell material to others reliance said to enhance pta manufacturing recived industry minister consent reliance claim Goes to 2 lakh tonnes from 75000 to 1 lakh to expand pta and paraxylene manufacturing capacities reliance invest about 325 crore For spot verification of patalganga plant collector visited as Bombay customs didn't believe it doesn't it for reliance show cause notice will be it's next step  Dhirubhai Ambani made himself king and polyester prince from clerk to India's top industrialists dhirubhai Ambani rose in 3 decades it was skills risk taking ability down to his vision It was dhirubhai Ambani risk taking ability and vision for creating that wealth no one can indian conglomerate can come near without touching the distance of reliance in net worth the business have split in own diversified group Anil and Mukesh Ambani different buiness dhirubhai Ambani raised from being clerk in British company in aden to become prince of Polyester to business  tycoon to be padmabhushan awardee to uncrowned king and living a fascinating life Ambani life even adapted in movie guru by mani ratnam dhirubhai Ambani buiness community in three decades established business For dhirubhai Ambani sardar Vallabhbhai Patel a fierce independent activist was his idol motivational inspirational Because of dhirubhai Ambani father ill health hr didn't go to college did job British colony on Arabian peninsula in aden capital of Yemen After 5 years dhirubhai Ambani came to India as promoter from aden besse and co shell refinary tried in trading he was married with kokilaben Ambani and established business Mumbai was tempted thinking to set office in London dhiru Bhai Ambani made big money real big money for shiekh lawn he explained trader to include commodities including manure mixed top soil flowing in from aden the orders began had little when did spice trading From yemen The cotton Mills were in Mumbai cotton producing region is in Pakistan the textile industry came to India standstill after partition Dhirubhai Ambani gained a replenishment licence when exporting spices in yemen due to death of fabric in india dhirubhai Ambani imported polyester yarn in india Dhirubhai Ambani ranging 300 percent at premium he sold imported polyester yarn in Mumbai markets there was more profit in selling valued added nylon textile dhirubhai Ambani realised Reliance began in 1966 champaklal lived in turkey imported polyester to Yemen Ambani did fabric business with him due to ideology difference they parted ways From world bank reliance received excellence award vimal nylon producing fabric became highest selling fabric brands in world Reliance had many investors and reliance had multiple business dhirubhai Ambani stepped in multiple business in one life and did Dhiru Bhai Ambani had charm and people skills that brought him to business world at the party dhirubhai Ambani explained buiness to pm Indira Gandhi dhirubhai Ambani knew whom and how to contact to get deals done and got support favours from influence politicians Ambani story is fascinating it's a rise of success story to controversial he built and empire in favours of highest up from government and received criticism in 1980 the head of Bombay dying nusli wadia and Ambani Polyester war begin wadia told Ambani manipulation in politics was the reason of defeat told to first post in interview Extra political favour been hushed in india accused Ambani the voice the biography on Ambani did not show him in favorable light the name was the Polyester prince by author Hamish McDonald was banned calling it as threat of civil war in 1998 in section 297 at indian penal code Sons of dhiru Bhai Ambani handled and control reliance after dhirubhai Ambani suffered from strock In the honour of dhiru Bhai Ambani a postage stamp was released by Atul Bihari Vajpayee on dhirubhai Ambani 70 th birthday in December 2002 Today also reliance continue to grow the son of school teacher from junagadh created a empire Narendra Modi gave dhirubhai Ambani padma Vibhushan in 2016 conferred posthumously For reliance industries Ambani is proving case of market manipulation 25 years old case Ncd non convertible debentures issue by 1994 records ril office examine company records chartered accountants visited on sebi direction adjudicatory proceedings took place subsequently directed to wait for documents seeking malegam report at the juncture the Bombay high court rejected petitions To know Asked which regulator decline requested to see Magnum report which has long sought of settlement matter with sebi  adjudicatory proceedings took place subsequently directed to wait for documents seeking malegam report at the juncture the Bombay high court rejected petitions the company rose sharply at a substantially lower cost of acquisition Some of their stacks entities stood to gain these warrants into equity shares in 2000 on conversion for whopping 300 crore by 38 entities it was then subscribe attached to crucial 120 million warrants the ril ncd had The reliance company raise sharply Piyush Gupta sebi official s Ramesh investigating authority adjudicating case on October 2002 the allegations against ril are entities linked to case. Were said to have received subscription money from company for ril promoters were dummies with ncd the warrants subscribe the entities were allegedly virtual smuggling shares of company the issued and called ril warrants fraud by ril promoters journalist and current RBI board Reliance spokesperson said documents have ability to apply in context to newly notified regulations at appropriate time at this stage for certain documents requested court did not grant reliance plea said on the recent high court orders in petition there is no merit with the procedure in accordance in such documents asked for copies the procedure petition adjudicatory proceedings take place The malegam report in which sebi s internal committee sought in settlement for constant regulatory settlement reliance approach in March  2000 22 to 38 percent the company promoter stack increase the warrants of conversion cannot be taken again asking reliance sebi send showcase notice With a common address 38 entities were dummies allegedly report in investigation capital and disclosure issue takeover code of violation sebi deemed with reliance promoters association in concert 38 entities persons acting that the bse informed by reliance Dhiru Bhai Ambani wrote history in Indian business he became prince Dhirubhai Ambani made revolutionary Dhiru Bhai Ambani buiness establishment business in Mumbai break government red tape told McDonald who wrote book in dhirubhai Ambani life McDonald told reliance Excutive would feed him news Having bent the rules and regulations by having licence Raj reliance did best In the business interest Dhirubhai Ambani kept shares price dividend rising dhirubhai Ambani was the rock star of corporate world The relation McDonald had with Reliance is cordial reliance company kept growing bigger higher in foreign shores in the era of liberation McDonald wanted to tell both story business and politics of Ambani and thought this story will be inspirational learning for upcoming new youngsters generation and started manuscript It was rumour that reliance gave favour to government for oil contact in Arabian sea to choice McDonald's had difficulty family company corporation needed for book in book first article it was describe Anil Ambani defamatory as a cribbing letter after that relation with media was soured  Oil exploration business of reliance industries created controversy government invited oil and gas private sector with private parties to enter joint venture government allowed public sector seen huge tracts of oil and gas oil and gas already discovered it is developed by ongc for joint venture purpose For further developing minister of gas oil declare last date to submit tenders for bids and tenders was in reliance favour reliance and Enron had shares of 30 40 percentage Anil Ambani meet McDonald Dhirubhai Ambani had guts and McDonald's talked to dhirubhai Ambani contemporary for book Reliance industries PR Excutive meet McDonald Dhiru Bhai Ambani stories included cargo seized bogus shipments and manipulating McDonald came Mumbai to interview dhiru Bhai Ambani key member who handles export other coworkers told him no to interview instead to send other personal assistant there were many writers who wanted to write for him he didn't not want biography for now dhirubhai Ambani had fountain of knowledge in textile industry In Rajiv Gandhi government reliance life became difficult Indian express wrote smuggling in newspaper accusing reliance And did nagging throne on reliance fresh And made difficult for reliance to carry operations reliance secured in financial institutions credit letter and allowed to import all year government notified pta issuance changed notification could import pta in eye of public dhirubhai Ambani first defeat dhirubhai Ambani attempted to take over conglomerate engineering and construction l and t Ambani swooped in l and t was in bad light private customer of reliance and l and t brought 12.4 percentage of stake and on  l and t board of directors propelled Anil and Mukesh Ambani l and t got contract for building reliance hazira petrochemical plants state financial company brought l and t shares from biggest indian mutual fund and insurance and sold shares to small investment company which is connected to reliance l and t resigned from chairman post in 1989 dhirubhai Ambani became chairman Indian express