What is the biography of Mukesh Ambani?
Mukesh Ambani is an Indian business tycoon, Chairman of Reliance Industries Limited (RIL) and is ranked among the richest people in the world. This biography provides information about his childhood, life, achievements, works & timeline. Famous:
Why did Ambani take so long to get a PFY license?
Dhirubhai Ambani applied for a license to set up a PFY manufacturing plant. Obtaining the license was a long-drawn-out process requiring a strong connection within the bureaucracy system because the government, at the time, was restricting large-scale manufacturing, making the importation of yarn for the textiles impossible.
How did Mukesh Ambani set up Reliance Communications?
Mukesh Ambani set up Reliance Infocomm Limited (now Reliance Communications Limited ), which was focused on information and communications technology initiatives. At the age of 24, Ambani was given charge of the construction of Patalganga petrochemical plant when the company was heavily investing in oil refinery and petrochemicals.
What did Ambani gift his wife for her 44th birthday?
In 2007, Ambani gifted his wife a $60 million Airbus A319 for her 44th birthday. The Airbus, which has a capacity of 180 passengers]
What happened to Dhirubhai Mukesh’s father?
On 6 July 2002, Mukesh’s father died after suffering a second stroke, which elevated tensions between the brothers as Dhirubhai had not left a will for the distribution of the empire in 2004.
Why did Mukesh Ambani set up Reliance Infocomm Limited?
This principle came into play after Rasikbhai’s death in 1985 along with Dhirubhai suffering a stroke in 1986 when all the responsibility shifted to Ambani and his brother. Mukesh Ambani set up Reliance Infocomm Limited (now Reliance Communications Limited ), which was focused on information and communications technology initiatives.
https://www.youtube.com/watch?v=jtZawJsd50Q
How did Mukesh Ambani start Reliance Industries?
He established the world’s largest refinery on 14 July 1999 at Jamnagar in Gujarat. In 2005, Reliance was divided between Mukesh Ambani and his younger brother Anil Ambani after three years of the death of their father. He started a super-market chain- Reliance Fresh in 2006, and by 2014, it grew to more than 700 stores throughout India.
What are some of the awards won by Rajeev Deshmukh?
He has a long list of awards – E&y Entrepreneur of the Year (2000), World Communication Award (2004), Global Vision Award at The Awards Dinner by Asia Society (2010), Business Leader of the Year – NDTV (2010), Businessman of the Year – Financial Chronicle (2010), ranked 5th-best performing global CEO by Harvard Business Review (2010) and many more.
How did Dhirubhai Ambani start his business in India?
Dhirubhai Ambani used to work in a firm in Yemen before moving to Mumbai in 1958 where he started his own business of spices. Later, he started focusing on the textile business and gradually transformed into one of India’s most celebrated business magnates.