As
with all great pioneers, there is more than one unique way of
describing the true genius of Dhirubhai: The corporate visionary, the
unmatched strategist, the proud patriot, the leader of men, the
architect of India’s capital markets, the champion of shareholder
interest.
But
the role Dhirubhai cherished most was perhaps that of India’s greatest
wealth creator. In one lifetime, he built, starting from the proverbial
scratch, India’s largest private sector enterprise.
When
Dhirubhai embarked on his first business venture, he had a seed capital
of barely US$ 300 (around Rs 14,000). Over the next three and a half
decades, he converted this fledgling enterprise into a Rs 60,000 crore
colossus—an achievement which earned Reliance a place on the global
Fortune 500 list, the first ever Indian private company to do so.
Dhirubhai
is widely regarded as the father of India’s capital markets. In 1977,
when Reliance Textile Industries Limited first went public, the Indian
stock market was a place patronised by a small club of elite investors
which dabbled in a handful of stocks.
Undaunted,
Dhirubhai managed to convince a large number of first-time retail
investors to participate in the unfolding Reliance story and put their
hard-earned money in the Reliance Textile IPO, promising them, in
exchange for their trust, substantial return on their investments. It
was to be the start of one of great stories of mutual respect and
reciprocal gain in the Indian markets.
Under
Dhirubhai’s extraordinary vision and leadership, Reliance scripted one
of the greatest growth stories in corporate history anywhere in the
world, and went on to become India’s largest private sector enterprise.
Through
out this amazing journey, Dhirubhai always kept the interests of the
ordinary shareholder uppermost in mind, in the process making
millionaires out of many of the initial investors in the Reliance stock,
and creating one of the world’s largest shareholder families.
Sh. Dhirubhai's Dream
Dhirubhai preached — and personally practiced — one mantra throughout his life: Dream with conviction.
He built
the Reliance empire from scratch and, in a short span of 25 years,
catapulted it to become on of the top Fortune 500 corporations of the
world — an achievement unparalleled in history.
He was
deeply rooted in traditional Indian values, yet Dhirubhai possessed the
outlook of a modern man — truly a person of the 21st century. His
corporate philosophy was short, simple and incredibly effective: “Think
big. Think different. Think fast. Think ahead. Aim for the best.” This
clearly reflected in his passion for mega-sized projects, as well as his
fascination for cutting–edge technology and desire to always achieve
the highest possible productivity. At Reliance, Dhirubhai was a pillar
of inspiration for one and all. By practicing what he preached, he
inspired and encouraged everyone to surpass the best in the world.
Dhirubhai
fully realised that true empowerment of the people is possible only
through education. Being an effective communicator, he continued to
inspire, guide, educate and motivate everyone through his
communications. He was a firm believer in the power of information and
communication, and how it can be utilised and turned to the advantage of
one and all, by making time and distance irrelevant.
He would
always say that if a telephone call could be made cheaper than a
postcard, it would transform every home, empower every Indian, remove
every obstacle to opportunity and growth, and tear apart every barrier
that divides Indian society. He was convinced that infocomm could
energise enterprises, drive governance, and render learning an
interesting experience, apart from making life exciting.
True to his conviction, Reliance Communications is committed to transform Dhirubhai’s dream into a reality.
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On
28th December 2002, Ministry of Communications, Government of India
released a commemorative postage stamp on industrialist and founder of
the Reliance Group of Industries, Shri Dhirubhai Ambani in Mumbai.
Issued by the Department of Posts, the stamp is in the denomination of
Rs. 5.
CHAIRMAN'S PROFILE:
Anil D. Ambani
Regarded
as one of the foremost corporate leaders of contemporary India, Anil
Dhirubhai Ambani is the Chairman of all the listed Group companies —
Reliance Communications, Reliance Capital, Reliance Energy and Reliance
Natural Resources Ltd.
He is also Chairman of the Board of
Governors of Dhirubhai Ambani Institute of Information and Communication
Technology, Gandhi Nagar, Gujarat.
Till recently, he also held the post of
Vice Chairman and Managing Director of Reliance Industries Limited
(RIL), India’s largest private sector enterprise.
Anil D
Ambani joined Reliance in 1983 as Co-Chief Executive Officer, and was
centrally involved in every aspect of the company’s management over the
next 22 years.
He is
credited with having pioneered a number of path-breaking financial
innovations in the Indian capital markets. He spearheaded the country’s
first forays into the overseas capital markets with international public
offerings of global depositary receipts, convertibles and bonds.
Starting in 1991, he directed Reliance Industries in its efforts to
raise over US$ 2 billion. He also steered the 100-year Yankee bond issue
for the company in January 1997.
He is a member of:
-
Wharton Board of Overseers, The Wharton School, USA
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Central Advisory Committee, Central Electricity Regulatory Commission
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Board of Governors, Indian Institute of Management, Ahmedabad
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Board of Governors Indian Institute of Technology, Kanpur
In
June 2004, he was elected for a six-year term as an independent member
of the Rajya Sabha, Upper House of India’s Parliament a position he
chose to resign voluntarily on March 25, 2006.
Awards and Achievements:
-
Conferred the ‘CEO of the Year 2004’ in the Platts Global Energy Awards
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Rated as one of ‘India’s Most Admired CEOs’ for the sixth consecutive year in the Business Barons – TNS Mode opinion poll, 2004
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Conferred ‘The Entrepreneur of the Decade Award’ by the Bombay Management Association, October 2002
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Awarded
the First Wharton Indian Alumni Award by the Wharton India Economic
Forum (WIEF) in recognition of his contribution to the establishment of
Reliance as a global leader in many of its business areas, December 2001
-
Selected
by Asiaweek magazine for its list of ‘Leaders of the Millennium in
Business and Finance’ and was introduced as the only ‘new hero’ in
Business and Finance from India, June 1999
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