AUTOBIOGRAPHY OF ANIL AMBANI PDF

Early career[ edit ] Dhirubhai Ambani was one of the sons of Hirachand Gordhanbhai Ambani, a village school teacher belonging to the Modh community and Jamnaben Ambani and was born in Chorwad, Junagadh district , Gujarat [1] on 28 December, He did his studies from Bahadur Kanji school. In , he left for the Port of Aden to work for A. Besse and Co. He later came to sell shell and Burmah oil products for the company.

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Ambani took his company public in Dhirubhai has been one among the select Forbes billionaires and has also figured in the Sunday Times list of top 50 businessmen in Asia. Dhirubhai started off as a small time worker with Arab merchants in the s and moved to Mumbai in to start his own business in spices.

After making modest profits, he moved into textiles and opened his mill near Ahmedabad. Ambani was credited with introducing the stock market to the average investor, and thousands of investors attended the Reliance annual general meetings, which were sometimes held in a football stadium, with millions more watching on television.

In after a heart attack he handed over Reliance Group to his sons Mukesh and Anil. Early life He was born into a Gujarati family. Hirachand Gordhandhas Ambani was a village school teacher with little income. Hirachand and Jamanaben had two daughters - Trilochanaben and Jasuben and three sons - Ramnikbhai, Dhirubhai and Natubhai.

Dhirubhai was the second son. He was also highly impatient of the oppressive grinding mill of the school classroom. He chose work which used his physical ability to the maximum rather than cramming school lessons. When Jamnaben once asked Dhirubhai and Ramnikbhai to help his father by earning money, he angrily replied, "Why do you keep screaming for money? I will make heaps of money one day". Life in Aden Just after Dhirubhai was through his annual matriculation examination and even before the result was out, Hirachandbhai called him home to Chorwad.

Hirachandbhai had been unwell for quite some time and had grown extremely weak and frail. You know I have been unwell for past several months. I cannot work any more. I need you to earn for the family. I need your money. The family needs it. You must work now. Ramnikbhai has arranged a job for you in Aden. You go there. Those days Indians did not need a visa for entering Aden but there were rumours around that the no visa regime was about to change any day.

So he needed to hurry up before the visa rules changed. In a few days he was in Bombay to board the ship to Aden. It was on board the ship that Dhirubhai learnt from Gujarati newspaper that he had passed his matriculation examination in second division.

On reaching Aden, Dhrubhai joined office on the very day of his arrival. Those days Aden was the second busiest trading and oil bunkering port in the world after London handling over 6, ships and 1, dhows a year. And, there in Aden, A. It was engaged in almost every branch of trading business-cargo booking, handling, shipping, forwarding, and wholesale merchandising.

Besse acted as trading agents for a large number of European, American, African and Asian companies and dealt with all sorts of goods ranging from sugar, spices, food grains and textiles to office stationary, tools, machinery and petroleum products.

Dhirubhai was first sent to the commodities trading section of the firm. Later, he was transferred to the section that handled petroleum products for the oil giant Shell. He was quick on the uptake. He learnt the ways of commodity trading, high seas purchase and sales, marketing and distribution, currency trading, and money management. During lunch break he roamed the souks and bazaars of Aden where traders from numerous different continents and countries bought and sold goods worth millions of pound sterling, the then global currency, during the day.

Aden was the biggest trading port of the times, a trading port where goods landed from all parts of the world and were dispatched to the farthest corners of different continents. Speculation in manufactured goods and commodities was rife all over the Aden bazaars. Dhirubhai felt tempted to speculate but had no money for that and was still raw for such trading. To learn the tricks of the trade he offered to work free for a Gujarati trading firm. There he learnt accounting, book keeping, preparing shipping papers and documents, and dealing with banks and insurance companies.

At the Besse office during the day he polished his skills in typing and Pitman shorthand, drafting commercial letters, and composing legal documents.

At the boarding house where he lived with another twenty-five or so young Gujarati clerks and office boys, he devoted long hours of the night mastering English grammar, essay writing, current affairs and a host of subjects that took his fancy from week to week.

He was the first to snatch the English, Gujarati and Hindi daily papers and weeklies as soon as they arrived by the ship ever day. He also devoured all sorts of books, magazines and journals the passengers arriving from various European and Indian ports left in the ships and at the offices of various shipping agents. I began reading them not to learn of world history but to practice my English but once I opened their pages their breadth of vision had me in a thrall.

I used to keep a dictionary by my side when reading these books and note down every new word I came across to increase my vocabulary. Later when I used to draft letters to ministers and senior officials during my early Bombay days, I used whole lot of quotations, phrases and impressive words from these two books.

He did not have enough money of his own for such speculative trading. So he borrowed as much as he could from friends and small Aden shopkeepers on terms nobody had ever offered them.

During lunch break and after office hours he was always in the local bazaar, trading in one thing or the other. Soon, those around him found that he had an uncanny knack for such speculative trading. He seldom lost money in any deal. I read every bit of paper I could lay my hands on about what was happening around the world, I listened carefully to every word uttered in the market, picked every bit of gossip in the shipping circles and pondered long through the night in the bed about the pros and cons of every deal I wanted to make.

As expected, A. Dhirubhai had done well at the office during his first five years. Now he was sent on promotion to the oil filling station at the newly built harbour. He liked the new job, though it was a lot more demanding than the desk job in the commodities section. Here he had to service the ships bunkering for diesel and lubricants. He enjoyed visiting the ships, making friends with sailors and the engine staff I heard from them first hand accounts of their voyages in different parts of the world of which he had until then read about only in books and magazines.

And, here it was that he first began dreaming of one day building a refinery of his own. I never forgot that saying.

Some began returning home to India, while some chose to settle in Britain. Aden Indians those days were allowed to settle in Britain. At the port and on ships at Aden he often heard glowing accounts of post-war Britain and the promises of a life of much greater ease there than one could ever hope to find in India.

Dhirubhai weighed his options.. By now he had saved some money and was thinking of setting up some business of his own. Ambani, in April, Kokilaben and Mukesh were back home in India. The choice of opening a shop somewhere in London was tempting but he felt India was calling him home. Those were exciting years in India. The country was in the midst of implementing the second five-year Plan which promised to build big industries, raise new big dams across many rivers, lay new roads through the length and breadth of the country, boost agricultural production to new record levels and set up a huge network of food grains procurement centers.

Jawaharlal Nehru was daily exhorting the young to cast away their old ways and help build a new India. His words were stirring and roused the passions of every young Indian, especially of those living far away from the country. He just could not miss the excitement of being in India in such tumultuous times. He decided to return home, instead of going to London to live a life of ease there. Majin was to import polyester yarn and export spices to Yemen.

Initially, they had two assistants to help them with their business. During this period, Dhirubhai and his family used to stay in a one bedroom apartment at the Jaihind Estate in Bhuleshwar, Mumbai. In , Champaklal Damani and Dhirubhai Ambani ended their partnership and Dhirubhai started on his own. It is believed that both had different temperaments and a different take on how to conduct business. While Mr. Damani was a cautious trader and did not believe in building yarn inventories, Dhirubhai was a known risk taker and he believed in building inventories, anticipating a price rise, and making profits.

Textiles were manufactured using polyester fibre yarn. Extensive marketing of the brand "Vimal" in the interiors of India made it a household name. Franchise retail outlets were started and they used to sell "only Vimal" brand of textiles. This unit has the rare distinction of being certified as "excellent even by developed country standards" during that period.

Dhiru bhai was able to convince large number of small investors from rural Gujarat that being shareholders of his company would be profitable. Reliance Industries was the first private sector company whose Annual General Meetings were held in stadiums. He was the financial wizard of Reliance Corporation[ citation needed ]. Sensing an opportunity, a bear cartel which was a group of stock brokers from Calcutta started to short sell the shares of Reliance. To counter this, a 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 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. 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.

To complete the transaction, the much needed cash was provided to the stock brokers who had bought shares of Reliance, by none other than Dhirubhai Ambani. In the case of non-settlement, the Bulls demanded an "Unbadla" a penalty sum of Rs.

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Dhirubhai Ambani

Her marriage to my father was, obviously, an arranged one. Indian Institute of Technology Kanpur. This caused them to part ways for years till he once again contacted her after his parents, realizing his genuine love for the actress, gave consent to their marriage. Operating in over 20, towns andvillages in India and abroad, the company touches the life of autoviography in 10 Indians every single day. I have clear memories of living there. In this position, he has been credited with pioneering many innovations in the Indian capital market. Ambani, several of whose companies are debt-ridden, has denied all charges of benefiting from crony capitalism.

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Fenrijar The corridors of power in Delhi and elsewhere are replete with stories of what the Ambani influence could do to the careers of politicians and bureaucrats. This was very important; my father would ask us to do something to earn. Similarly there are stories to be told about organisations and institutions. To me, for the first time in 16 years, Autobiotraphy changed from a revered business leader into an extremely human and lovable personality. Their workers were part of the family. He could afford to send us by air, yes. This ban of sorts has, in fact, increased the curiosity value of the book.

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