MORE / #Motivational Story

April 04, 2017 @ 01:15 PM

Dhirubhai Ambani

Dhirubhai Ambani 

Reading success stories of greatest professionals stimulates motivational enzyme within us and we all wish to emulate them on path of success.

Exactly with this aim  MBARendezvous.com - India's content lead MBA website is presenting you series of success stories of Professionals who have   carved niche in their own way and have become icons of Management Fraternity. 

Following above you will read today success story of Mr. Dhirubhai Ambani :  

A true rags-to-riches story, Dhirajlal Hirachand Ambani, has been undisputedly India's most enterprising entrepreneur. Born in a gujarati family Dhirubai moved toYemen at the age of 16, where he worked as a dispatch clerk with A. Besse & Co.

After working in Dubai for sometime he later returned to India where he founded the Reliance Commercial Corporation with a meager capital of Rs. 15000. He set up the business in partnership with Champaklal Damani from whom he split in 1965.

Dhirubhai started his first textile mill at Naroda, near Ahmedabad and launched the brand "Vimal". He later diversified into petrochemicals and sectors like Telecommunications, Information Technology, Energy, Power, Retail, Textiles, Capital Markets and Logistics.

He rose from humble beginnings to create India's largest industrial empire, and in the process, became one of the world's richest men. He rewrote India's corporate history for which he was featured among the select Forbes billionaires list. He also figured in the Sunday Times list of top 50 businessmen in Asia.

Credited for starting the equity cult in India, Dhirubhai was praised for his key role in shaping India's stock market culture by attracting hordes of retail investors to a market monopolized by state-run financial institutions.

He never followed the traditional way and was often targeted for his business strategies due to which he courted controversy all throughout his life. The 'Dhirubhai school of management' firmly believed that the only thing which mattered were the end results and the benefits which infiltrated  directly to the shareholders.

He won many awards and accolades during his lifetime. In 2000, he was conferred the 'Man of the Century' award by Chemtech Foundation and Chemical Engineering World for his contribution to the growth and development of the chemical industry in India. In 1998, he was awarded the Dean's Medal by The Wharton School, University of Pennsylvania, for setting an outstanding example of leadership. Dhirubhai Ambani was also named the "Man of 20th Century" by the Federation of Indian Chambers of Commerce and Industry (FICCI).

A perfect amalgamation of grit and determination, Dhirubai believed in his dreams and he lived it. He was of the belief “Dhirubhai will go one day. But Reliance's employees and shareholders will keep it afloat. Reliance is now a concept in which the Ambanis have become irrelevant.”

In 1986 after a severe heart stroke he handed over Reliance Group to his sons Mukesh and Anil. After his death, the colossal corporate group was split into Reliance Industries, headed by Mukesh Ambani and Reliance Anil Dhirubhai Ambani Group (ADAG), led by Anil Ambani.

A visionary by birth, his life has been an inspiration for many and will serve as a beacon light for the generations to come.

For such success stories and Motivational Enzyme please keep on visiting www.mbarendezvous.com - India's only content lead MBA Portal. 

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
NIRMA
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
SSBF
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

Admission Open Now

Following Colleges are accepting applications.

INTERNATIONAL MANAGEMENT INSTITUTE

Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online