Achievements: Dhirubhai Ambani built India's largest private sector company. Created an equity
cult in the Indian capital market. Reliance is the first Indian company to feature in Forbes 500 list
Dhirubhai Ambani was the most enterprising Indian entrepreneur. His life journey is reminiscent
of the rags to riches story. He is remembered as the one who rewrote Indian corporate history
and built a truly global corporate group.
Dhirubhai Ambani alias Dhirajlal Hirachand Ambani was born on December 28, 1932, at
Chorwad, Gujarat, into a Modh family. His father was a school teacher. Dhirubhai Ambani started
his entrepreneurial career by selling "bhajias" to pilgrims in Mount Girnar over the weekends.
After doing his matriculation at the age of 16, Dhirubhai moved to Aden, Yemen. He worked there
as a gas-station attendant, and as a clerk in an oil company. He returned to India in 1958 with Rs
50,000 and set up a textile trading company.
Assisted by his two sons, Mukesh and Anil, Dhiru Bhai Ambani built India's largest private sector
company, Reliance India Limited, from a scratch. Over time his business has diversified into a
core specialisation in petrochemicals with additional interests in telecommunications, information
technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics.
Dhirubhai Ambani is credited with shaping India's equity culture, attracting millions of retail
investors in a market till then dominated by financial institutions. Dhirubhai revolutionised capital
markets. From nothing, he generated billions of rupees in wealth for those who put their trust in
his companies. His efforts helped create an 'equitycult' in the Indian capital market. With
innovative instruments like the convertible debenture, Reliance quickly became a favorite of the
stock market in the 1980s.
In 1992, Reliance became the first Indian company to raise money in global markets, its high
credit-taking in international markets limited onlyby India's sovereign rating. Reliance also
became the first Indian company to feature in Forbes 500 list.
Dhirubhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of
Indian Chambers of Commerce and Industry (FICCI). Apoll conducted by The Times of India in
2000 voted him "greatest creator of wealth in the century".
cult in the Indian capital market. Reliance is the first Indian company to feature in Forbes 500 list
Dhirubhai Ambani was the most enterprising Indian entrepreneur. His life journey is reminiscent
of the rags to riches story. He is remembered as the one who rewrote Indian corporate history
and built a truly global corporate group.
Dhirubhai Ambani alias Dhirajlal Hirachand Ambani was born on December 28, 1932, at
Chorwad, Gujarat, into a Modh family. His father was a school teacher. Dhirubhai Ambani started
his entrepreneurial career by selling "bhajias" to pilgrims in Mount Girnar over the weekends.
After doing his matriculation at the age of 16, Dhirubhai moved to Aden, Yemen. He worked there
as a gas-station attendant, and as a clerk in an oil company. He returned to India in 1958 with Rs
50,000 and set up a textile trading company.
Assisted by his two sons, Mukesh and Anil, Dhiru Bhai Ambani built India's largest private sector
company, Reliance India Limited, from a scratch. Over time his business has diversified into a
core specialisation in petrochemicals with additional interests in telecommunications, information
technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics.
Dhirubhai Ambani is credited with shaping India's equity culture, attracting millions of retail
investors in a market till then dominated by financial institutions. Dhirubhai revolutionised capital
markets. From nothing, he generated billions of rupees in wealth for those who put their trust in
his companies. His efforts helped create an 'equitycult' in the Indian capital market. With
innovative instruments like the convertible debenture, Reliance quickly became a favorite of the
stock market in the 1980s.
In 1992, Reliance became the first Indian company to raise money in global markets, its high
credit-taking in international markets limited onlyby India's sovereign rating. Reliance also
became the first Indian company to feature in Forbes 500 list.
Dhirubhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of
Indian Chambers of Commerce and Industry (FICCI). Apoll conducted by The Times of India in
2000 voted him "greatest creator of wealth in the century".
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