Profile Of Successful Entrepreneurs

Group No:- 09

Presented By:-Omkar

Dhirubhai Hirachand Ambani

PROFILEName:- Dhirubhai Hirachand AmbaniBorn:- December 28,1932Place:- Chorwad, Gujarat, India.Occupation:- Founder of Reliance Industries Founder of Reliance Power Founder of Reliance CapitalEntrepreneurship:- In 1966Died:- July 6,2002 at Mumbai,

(aged 69)

Family ProfileFather Name:- Hirachand AmbaniMother Name:- Jamunaben AmbaniBrother Name:- Ramniklal & NatwarlalSister Name:- Trilochanaben & JasumtibenWife Name :- KokilabenSon Name :- Mukesh Ambani & Anil AmbaniDaughter Name:- Nina & Dipti Father of D.A was a village school teacher

and his mother is just a housewife.

Family Photos

Education And Qualification He had completed his primary education, at the

village school and sent to the Junagarh Dist for further studies.

Quite popular in his school and well known for his brilliance and hard work.

Elected general secretary of the Junagarh Students Union.

Corporate Carrier 1.Started business as a small worker in oil company. 2.In 1958, he returned to India and started his

business and had their first office Reliance Commercial Corporation(Narshinatha street).

3.In 1965, started his first textile mill at Noroda in Ahmedabad.

4.Sectors like petrochemicals, textile, production of

crude oil and gas, to polyester and polymer products.

Corporate Carrier

5.In 1922, Reliance become the first Indian company to feature in Forbes 500 List and voted as the “greatest creator of wealth in the 20th century”

6.Dhirubhai Ambani was named the entrepreneur of the 20th century by the FICCI. (Federation of Indian Chambers of Commerce and Industry)

Present Status After stroke in 1986, Ambani handed over control

of Reliance to his sons Mukesh and Anil. After the death of Dhirubhai Ambani, the group

was split into Reliance industries ltd, headed by Mukesh Ambani, and Reliance Anil Dhirubhai Ambani group (Reliance ADA group), headed by Anil Ambani.

Present Status A hindi said to be loosely inspired by the

life of Dhirubhai Ambani was released on 12 January 2007 is GURU.

He died on july 6, 2002.

Achievements 1.Dhirubhai Ambani was named the entrepreneur

of the 20th century by the FICCI. 2.He is the second Richest family in the world. 3.Listed in top 50 businessman in Asia by Sunday

Times 4.Voted as the “greatest creator of the wealth in the

20th century.

Recognitions & Awards In 2011-Awarded posthumously the ABLF Global

Asian award at the Asian Business Leadership Forum awards.

In 2000-`Man of the Century’ by Chemtech Foundation and Chemical Engineering.

In 1996, 1998 and 2000`The most powerful people in Asia’ by Asiaweek Magazine.

From 1994 to 1997, the company won `National Energy Conservation Award’ in the petrochemical sector.

Recognitions & Awards

In 1998,`Deans Medal’ by Wharton School, University of Pennsylvania.

In 2001, Economic Times Awards for Corporate Excellence for `Lifetime Achievement’

`Man of 20th Century’ by FICCI. A poll conducted by The Times of India in 2000

voted him "Greatest Creator of Wealth In The Centuries".

Award Receiving

PHOTOGRAPHY

Reliance Industries Limited Type :- Public Industry :- Conglomerate Predecessor(s) :- Reliance Commercial

Corporation Founded :- 1966 Founder(s) :- Dhirubhai Ambani Headquarters :- Mumbai, Maharashtra, India Area served :- Worldwide Key people :- Mukesh Ambani (Chairman and MD) Products :- Crude oil, naturalgas,

petrochemicals, petroleum, polyester, textiles,

retail,telecom

Revenue   :- US$ 73.10 billion (2013) Operating income :-  US$ 7.14 billion (2013) Net income   :- US$ 3.86 billion (2013) Total assets :- US$ 58.67 billion (2013) Total equity   :- US$ 31.66 billion (2013) Employees :- 23,519 (2013) Website :- RIL.com

Financial Status

The company was co-founded by Dhirubhai Ambani and his cousin Champaklal Damani in 1960s as Reliance Commercial Corporation.

In 1965, the partnership was ended and Dhirubhai continued the polyester business of the firm.

 In 1966, Reliance Textiles Industries Pvt Ltd was incorporated in Maharashtra.

In 1975, company expanded its business into textiles, with "Vimal" becoming its major brand in later years.

History of the company 1960-2000

CONT… In 1977 the company held its Initial public

offering (IPO) In 1985, the name of the company was changed

from Reliance Textiles Industries Ltd. to Reliance Industries Ltd.

In 1993, Reliance turned to the overseas capital markets for funds through a global depositary issue of Reliance Petroleum.

In 1996, it became the first private sector company in India to be rated by international credit rating agencies. 

CONT… In the year 1995–96, the company entered

the telecom industry through a joint venture with NYNEX, USA and promoted Reliance Telecom Private Limited in India.

In 1998–99 RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas

AFTER 2000 In 2001, Reliance Industries Ltd. and Reliance

Petroleum Ltd. became India's two largest companies in terms of all major financial parameters. 

In 2001–02, Reliance Petroleum was merged with Reliance Industries.

In 2006, Reliance entered the organized retail market in India with the launch of its retail store format under the brand name of 'Reliance Fresh'. By the end of 2008, Reliance retail had close to 600 stores across 57 cities in India.

Reliance Retail Reliance Life Sciences Reliance Institute of Life Sciences Reliance Logistics  Reliance Clinical Research Services (RCRS) Reliance Solar Reliance Jio Infocomm (RJIL) Reliance Industrial Infrastructure Limited (RIIL)

Major subsidiaries and associates

MANAGEMENT STYLES Roll up your sleeves and help. Be a safety net for your team. The silent benefactor. Dream big, but dream with your eyes open. Leave the professional alone! Change your orbit, constantly! The arm-around-the-shoulder leader The Dhirubhai theory of Supply creating Demand Money is not a product by itself, it is a by-product,

so don't chase it