...from the list by the decade’s end. Some of the most prominent entrepreneurs who emerged post-1980, such as Sunil Mittal and Dhirubhai Ambani, had built their firms from scratch, and were a breed far apart from the closed circle, family entrepreneurs of...
...MUMBAI: Reliance Natural Resources (RNRL), an ADAG (Anil Dhirubhai Ambani Group) company, on Monday, filed "chamber summons" to cross examine the under secretary in the petroleum ministry in the Bombay High Court. RNRL is fighting a legal battle with...
...the run-up to roll out its GSM service, Anil Dhirubhai Ambani-promoted Reliance Communications (RCom) is planning to place a $770-million (around Rs 3,850 crore) order for procuring handsets. According to sources close to the development, the company...
...second private university in the state. The Dhirubhai Ambani Memorial Trust, run by Anil Ambani, the chairman of the Anil Dhirubhai Ambani Group, will invest about Rs 150 crore to set up the institute on a 60-acre plot near Haringhata. The institute...
...trademarks such as Reliance Big Boy, Reliance Big Lots, Reliance Big Box and Reliance Big, among others. The Reliance-Anil Dhirubhai Ambani Group (R-Adag) of Anil Ambani has, in turn, filed for names such as Big Reliance, Big Fresh Mall, Reliance Big...
Background
Dhirajlal Hirachand Ambani (28 December 1932, - 6 July 2002), (also known as Dhirubhai Gujarati: ધીરૂàªàª¾àªˆ અંબાણી) was an Indian rags-to-riches business tycoon who founded Reliance Industries in Mumbai with his cousin. Many people consider Ambani's phenomenal rise to be an example of crony capitalism and the result of proximity to the ruling politicians because it was achieved through preferential treatment given to him in a highly repressive business environment (the License Raj stifled Indian business until the early 1990s and only those favored by the politicians were granted licenses leaving them with no competition). Ambani took his company (Reliance) public in 1977, and by 2007 the combined fortune of the family (sons Anil & Mukesh) was 100 billion dollars, making the Ambanis one of the richest families in the world.
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Timeline
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