Preview

Biography: Dhirubhai Ambani

Good Essays
Open Document
Open Document
1186 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Biography: Dhirubhai Ambani
Dhirubhai Ambani

Dhirajlal Hirachand "Dhirubhai" Ambani (28 December 1932 – 6 July 2002)

When we discuss Indian pioneers one name, which we can't pass up a major opportunity, is Dhirubhai Ambani. He was business tycoon of India. He was honored with the Padma Vibhushan, India's second most noteworthy non military personnel honor for his commitments towards the Trade and Industry. He was born in a poor Modh baniya family on 28th December 1932 to a neighborhood teacher in a town called Chorwad, in Junagadh region, Gujarat. his mother was a homemaker. right from an early age, he was aware of the problem faced and insufficiencies that the family dealt with due to the meagre income of his father and large expenses

Dhirubhai has been a go getter
…show more content…
As on account of replicating the idea of offering through showrooms for his image Vimal to counter the resistance from the conventional markets which he duplicated from Bombay Dyeing. He generally had the dynamism and trust in future and was constantly prepared to conflict with all chances. He generally had faith in himself.

He had dependably trusted that his first obligation was towards his organization's shareholders and he was likewise worried in securing their hobbies. He otherwise called 'the share trading system savior.' This was on account of when some Marwari group were attempting to cut down the cost of his shares by short offering, he counter assaulted them and thus earned a strong entirety from them.

He has dependably had a wide speculator base and the greater part of his memberships were over subscribed. He has dependably been a trailblazer in the money related business sector. He improved and reintroduced effectively ideas like incomplete convertible bonds, completely convertible bonds and so on.

He had been fruitful in assembling world-class items. He generally trusted in 'Plan for an impressive future, think quick and think ahead.' He has never had an inner self issue and he knew how to complete his work from individuals. He was never embarrassed to "salaam"
…show more content…
They have a roused workforce. He just puts stock in giving authority, vision and methodology. He conceives that he doesn't maintain his business however his business pioneers do it.
Dhirubhai believes in some simple things like Roll up your sleeves and help.You and your team share the same DNA. he was always ready to do work along with his employees without hesitating of his position and status. He used to say that always dream big but keeping your eyes open and always think positively. One of the reason behind his success was his risk taking attitude and he always went for big. He always trusted on scale. Everything he built was in large scale which decreased his operational costs.

Dhirubhai was condemned for controlling the administration for his advantages. Aside from that he has paid zero assessment on corporate profit for quite a long while because of the provisos in the framework. He was additionally included in controlling the L&T board to pick up control. Aside from that he was intensely reprimanded alongside Pranab Mukherjee for purchasing offers under sham organizations which never

You May Also Find These Documents Helpful

  • Good Essays

    Bear Stearns Case Summary

    • 427 Words
    • 2 Pages

    reputation as one of the most aggressive traders on Wall Street and like his predecessors he…

    • 427 Words
    • 2 Pages
    Good Essays
  • Better Essays

    where he acquired a taste for the securities industry as well as the lust for money and fortune.…

    • 1809 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Very importantly, they needed to restore market confidence and getting the capital from Warren Buffett, easily the most respected investor, would give an endorsement and validation from the ‘Oracle of Omaha’, diminishing any doubt about Goldman Sachs liquidity position.…

    • 385 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Blake Vs Nordstrom

    • 493 Words
    • 2 Pages

    He credits his success to a rule of listening to and supporting his sales force team rather than giving them orders, which represents the inverted pyramid with management at the bottom and customers and sales people at the top (A reference, 2015). Some may see his leadership falling short when it comes to being innovative and creative since he still focuses on doing business the way his family did it, striving to provide superior service, “one customer at a time” (Lewis,…

    • 493 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    West lake

    • 348 Words
    • 2 Pages

    Staying at the helm of the business and do a better job at attracting business from…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The market entrepreneur makes money in the free market by delivering the lowest prices and the best quality and service to its customers and the consumer. The market entrepreneur wins markets and beats out the competition because they are better and more efficient. Market entrepreneurs were often known as risk-takers and charitable people. Many of them donated money to needy, built libraries, gave land to farmers and let people go on ships for free or they had a cheaper fare. One of the most charitable entrepreneurs that we discussed was John D. Rockefeller. He gave to schools, churches and scientists who found cures for yellow fever, meningitis, and hookworm (Folsom 97). He believed in the term of stewardship. The book said that before John D.…

    • 573 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    and prospered as a businessman. When he closed out his business in late1859 war was…

    • 2359 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Maclean Palmer Case Study

    • 1291 Words
    • 6 Pages

    The moment was good when he saw an opportunity on minority business, while traditional venture capitalists were not focused in minority business due to considering it “too risky”. In order for the business to be successful he needed to build a team…

    • 1291 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The Starnes-Brenner Machine Tool Company of Iowa City, Iowa, has a small one-man sales offi ce headed by Frank Rothe in La- tino, a major Latin American country. Frank has been in Latino for about 10 years and is retiring this year; his replacement is Bill Hunsaker, one of Starnes-Brenner’s top salespeople. Both will be in Latino for about eight months, during which time Frank will show Bill the ropes, introduce him to their principal customers, and, in general, prepare him to take over. Frank has been very successful as a foreign representative in spite of his unique style and, at times, complete refusal to follow company policy when it doesn’t suit him.…

    • 2507 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The author discusses his early years and his legacy and also how he is remembered a visionary leader.…

    • 743 Words
    • 3 Pages
    Good Essays
  • Good Essays

    economy was experiencing that a high demand would keep his business booming. Because much of his…

    • 739 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Connecting the Dots

    • 1827 Words
    • 8 Pages

    class. This man has been one of the most successful and innovating men of the last 20 years in…

    • 1827 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    LENHAGE AG Case Summary

    • 645 Words
    • 3 Pages

    He knew he had better products, better documentations, and better people than his competitors. He felt business was rightfully his.…

    • 645 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Leadership Warren Buffet

    • 1933 Words
    • 8 Pages

    In my paper, the main focus will be on Warren Buffett’s leadership skills and investment style, which made…

    • 1933 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Analysis of Erik Petersen

    • 1148 Words
    • 5 Pages

    Constantly get push back on his ideas and corporate is reluctant to support his initiatives (e.g. reassigning Andrews, compensation packages for Burns and Hanes, changing subcontractors)…

    • 1148 Words
    • 5 Pages
    Good Essays

Related Topics