Business Maharajas [Gita Piramal, Gita Piramal] on *FREE* shipping on qualifying offers. The inside track to India’s most powerful tycoons The. Business Maharajas [Gita Piramal] on *FREE* shipping on qualifying offers. Editorial Reviews. About the Author. Dr Gita Piramal is managing editor of The Smart Manager, India’s first world-class management magazine, launched in.
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Ambani April offered to exchange every Rs worth of ebentures for 1. The new administration was prompt in granting permission for Reliance’s application for a PSF plant. How did they thrive and prosper even as others failed? Thirty years later, he’s still using it. Sapra, president of Reliance’s polyester staple fibre division, who joined Ambani after a twenty-year career with ICI India: You do require an invitation when there is a profit.
If we didn’t do it, somebody else would.
Full text of “Business Maharajas”
He denied approval to Birla to set up an integrated steel plant in Bihar, on the flimsy argument that such plants were reserved for the public sector. Size brought its own maharajaa and solutions.
The Shahs and other Palanpuri Jains brought the business to Surat and Bombay, where nimble diamond cutters cut and polish tiny brown stones, turning dross into gold. No trivia gitq quizzes yet. Aug 13, Vatsal Dusad rated it liked it. In this room, extraordinary things must happen.
Meanwhile, at Patalganga, a sleepy village seventy-one kilometres from Bombay which takes its name from the river on whose banks it is located, the polyester yarn plant was almost ready to go on stream and bksiness were pouring in. Piramal divides her time between Mumbai and London. In Reliance’s balance sheet, a huge Rs m debt would disappear as accountants regard debentures as borrowingsshare capital would go up by about Rs m, and it would look healthy enough for the next round of fund-raising.
If you give him a world food market report, he would like to read it, but if you tell him here is ales son on organization design, he businesss say: Remembering those days, Anil said, “We had a great deal of attention from both my father and my mother. All eight follow two fundamental and simple management rules. So what good was “. The citation hailed him as the ‘symbol of the new Indian dream’ but the delay rankled.
For one, it’s impossible to be totally detached, impartial and completely well-informed.
Amazon Drive Cloud storage from Amazon. The quality which can fascinate any of the reader, to read and re-read these biographies is that all of them are just like us —Humans.
Business Maharajas (Penguin business)
An extremely well written piece from a veteran journalist, this book captures the spirit of erst while Indian Environment, the export and import tariffs, the Emergency, Liberalization, assassinations of Prime Ministers and riots, the Bengal Communist idiocy that forced businessmen to flee Calcutta, everything is captured in an engaging manner.
Our only difficulty was that we were not sufficiently known or established in the busines market. He freed himself from day-to-day operational management of the group’s manufacturing facilities the moment his sons, Mukesh and Anil, joined the family firm in the mid-’80s. And he bought himself not ajeep but a Mercedes.
Some are highly educated, others are college drop-outs. People think composite mills are businwss class, that power looms ari second class. This was perhaps the last time that Ambani could act without rivals snapping at his heels, without questions being raised in Parliament and in the media, on stock exchanges and the bazaars, Indira Gandhi was assassinated on October 3 1 The company had to fly executives to smaller cities with mail as personal luggage which was then posted locally.
Maharajaas against the earlier practice of capitalizing interest on long term debt obtained for the purchase of fixed assets till the date of commissioning of the assets, Reliance capitalized interest for the entire contracted period of the debt.
Someone began to ask how and bj wlere Ambani had got hold of Rs m to pay for those shares. It was commercially sound banking. My skin, fortunately, is very thick! Whatever information must come, must come. Books like this bring out the human being in them — his fears, hopes and happiness. Somehow he used to find busineas time. Jan 22, Kiran Chaugule rated it it was amazing Shelves: What does not kill you makes you stronger, well I guess it only made busihess stronger, the struggle to survive bureaucracy has made them develop strategies to handle these politicians and corrupt systems to such an extent priamal they have a cakewalk outside India.
As far as these mahatajas are concerned, each at some point had a mentor who helped kick him upstairs. They continued buying the next day, mahadajas the next, forcing the scrip to rise giddily.
In the five years since he’s been in the addle, Tara has come a long way. Yes, I could have done some business in Aden itself but I wanted to do something in my own country.
Only after the Narasimha Rao administration initiated its liberalization programme were other PTA plants sanctioned. Hirachand was the local schoolteacher in a village called Chorwad, in Junagadh district, Gujarat.
It wasn’t an extravagance. Many merchants who have left the nation have prospered better than the ones who stuck to the home ground, in fact all of these business men have at some point in their careers considered leaving the country for better ones and setting up business there! He survived too the Naxalite movement, staying on in Calcutta when other Marwaris abandoned the city for New Delhi and Bombay.