Narendra Modi and the BJP Organisation- from civic polls to central elections. Lord Buddha Life Story in Hindi, Essay on Life of Lord Buddha in Hindi Dhirubhai Ambani was an Indian entrepreneur who founded Reliance Industries Limited and made it one the largest private sector comapnies in India.
A fascinating biography of Indian textile tycoon Dhirubhai Ambani, this book is the story of a rising capitalist group in post-independence India. In the 26 years since its foundation, Ambani's Reliance Group has risen to rival the dominant industrial houses, and by 1995 the group had 1.2 million investors. Along with the dramatic expansion of the Reliance Group have come A fascinating biography of Indian textile tycoon Dhirubhai Ambani, this book is the story of a rising capitalist group in post-independence India.
In the 26 years since its foundation, Ambani's Reliance Group has risen to rival the dominant industrial houses, and by 1995 the group had 1.2 million investors. Along with the dramatic expansion of the Reliance Group have come intricate political connections, corruption charges, and an abundance of booms and crashes for Ambani and his company. The textile giant continues to realize his dream to be known as the outsider who took on India's business establishment and won, establishing a world-class company in the process.
Hmmm, well after much search on internet i got this book in both PDF and Word format, they say u can find anything on net is true!! Ambani Brothers failed to stop Internet:)) Well I am kind of a person who reads book and like those who gives facts and figure, they only its good to believe. Hence i like arun shourie in this case, Hamish have told thousands of incidents in this book some with facts, newspaper articles and personal inteview.but in many case he has JUST WRITTEN the thing Hmmm, well after much search on internet i got this book in both PDF and Word format, they say u can find anything on net is true!!
Ambani Brothers failed to stop Internet:)) Well I am kind of a person who reads book and like those who gives facts and figure, they only its good to believe. Hence i like arun shourie in this case, Hamish have told thousands of incidents in this book some with facts, newspaper articles and personal inteview.but in many case he has JUST WRITTEN the things!!! But in all a good books, what the congress has done with this country for the past 50 60 years is not hidden and this book shows a glimpse of that, I am a born Jan sanghiye and after reading all this my hate towards congress only grows!!! Hamish has studied in deep the Indian market and its bull Bear run. How the things are managed. He answeres many questions. Conduct of CBI and how congress controls it.
Dynasty rule is taking Indian toll. Money is the big player in politics. No One cares about employee class. Journalist like Gurumurthy are hard to find now. News paper used to be a big weapon in those times. Articles and news item are also driven by business houses.
If any one is interested in reading this book, I can mail the same. Do ask speacially the people who loves rajiv gandhi and congress, i would like to contribute in breaking there MYTHS. Finally got to read this book about the rise of Dhirubhai Ambani.Its a pretty small book.arnd 275 pages.but its power packed alright. It goes into the darker side of Ambani’s dealings the political connections.the bribes+gifts.and the attempt to murder Nusli Wadia. This book is banned in India and doesn’t seem to be available on international sites as well (been searching it for a few months now ).Seems the Ambani bros have made sure that not a single copy is available.
And what with all the Finally got to read this book about the rise of Dhirubhai Ambani.Its a pretty small book.arnd 275 pages.but its power packed alright. It goes into the darker side of Ambani’s dealings the political connections.the bribes+gifts.and the attempt to murder Nusli Wadia. This book is banned in India and doesn’t seem to be available on international sites as well (been searching it for a few months now ).Seems the Ambani bros have made sure that not a single copy is available. And what with all the allegations against Ambani in the book, I guess the bros WOULD do anything to see to it that this book isn’t read by most people.Anywayz, i guess I can consider myself lucky since my friend gave me one of course on a huge premium Now about the contents of the book-It talks abt Ambani’s early days and his connection with Indira Gandhi and how he got policies changed on his order and how he even managed to ’smuggle’ into India a whole factory!!!
The book talks abt a neat lil trick that Ambani used to make his company look healthy on paper and hence attractive to Investors.Seems Reliance used to issue non-convertible debt and then get the Government’s permission to make it convertible and hence could easily convert the Debt into Equity on the balance sheet. End result: Wipe out interest expense and also a cheap source for funds.But it was kind of a win-win situation for everyone since the investor could get a cheap entry into the stocks of Reliance which were booming for years.But then seems it was Ambani’s shell companies which used to subscribe to these issues by getting bank loans and hence he could increase his share holding in the company when the Conversion finally took place(At a price which was much lesser than the market price) Yet another area the book focussed was on the Shell companies bit. About how Ambani had some 100 different companies in different names with cross holdings so that he could maintain ownership/a majority stake in Reliance and also earn tax free income through dividends etc. I was stunned to read that Reliance hadn’t paid any corporate taxes till the 1990’s (and that too when minimum alternative tax was introduced!). Whatever said and done, Ambani is considered the King of the equity cult in India and the author endorses that fact! Btw about the Ban on the book in India - “the most common reasons for banning a book in India is that it is a) subversive to the Indian state b) wilfully presents incorrect facts about the Indian state/ Indian leaders and c) might inflame religious/ communal sensibilities.
This book doesn’t offend on any of these counts. ” Ha.trust the Ambanis to twist the rules Published in 1998, the book is still not available in Indian bookshops because the Ambanis have threatened legal action for anything they perceive as defamatory in the book. This ban of sorts has, in fact, increased the curiosity value of the book. A small but steady stream of books continues to be brought into India from friends or relatives living abroad. Those who know of its existence want to buy/borrow or photocopy it.
In fact, the book probably made it to print only because the publishers — Allen & Unwin — are Australian and decided to take a chance selling the book outside India. Yet another Interesting fact-Ambani was the single largest private shareholder in L&T in the late 1980s and also became Chairman of the company.The reasoning behind this step? L&T was largely debt free and he wanted a source for new funds (since Reliance was in a bit of trouble with the Govt/V.P. Never knew that Ambani had made a move for L&T.Just imagine what it would have been like if L&T was part of the Reliance family as well!!! If you can get it, Read it. It will take you on the journey of Dhirubhai Ambani's struggle, competence, hard-work, excellent management skills and forward thinking.
This book also take into account the darker side of Dhirubhai Ambani and that could be the reason behind the possible ban on this book in India. The tussle between Dhirubhai Ambani and Nuslie Wadia to control the polyester market was no less than a thriller. While Reading the book I felt like I am witnessing the India's Post Independent If you can get it, Read it. It will take you on the journey of Dhirubhai Ambani's struggle, competence, hard-work, excellent management skills and forward thinking. This book also take into account the darker side of Dhirubhai Ambani and that could be the reason behind the possible ban on this book in India.
The tussle between Dhirubhai Ambani and Nuslie Wadia to control the polyester market was no less than a thriller. While Reading the book I felt like I am witnessing the India's Post Independent Political History. Author covers the license raj with such pragamatic view that you cant agree more with him. Hamish extensive research of India's corporate world of 1980s and 90s shows how an Industrialist(read Dhirubhai Ambani) took advantage of the tedious and corrupt bureaucratic set up rather than crying over it.
As Author quoted Dhirubhai Amabani words 'You should not do anything illegal. First of all, the law should be changed' And Dhirubhai Amabani indeed did it. For further read please visit my blog. A racy fiction or a true story?
Tough to judge from the story. There is not much in the appendix to prove that what it says is truth. On the truth, with the way Reliance grew, I won't be surprised if all of it be true. Two things are for sure - 1. An Indian could have never written this.
Simply because of the fact that at few places this book becomes more a flight of fantasy which only a foreigner could have cooked up, visualizing the all embracing 'jugaad' in context of India. Ba What was it?
A racy fiction or a true story? Tough to judge from the story. There is not much in the appendix to prove that what it says is truth. On the truth, with the way Reliance grew, I won't be surprised if all of it be true. Two things are for sure - 1. An Indian could have never written this. Simply because of the fact that at few places this book becomes more a flight of fantasy which only a foreigner could have cooked up, visualizing the all embracing 'jugaad' in context of India.
Banning this book has given a racy fiction like book a cult status. We Indians, actually have a knack of it. We take a ordinary stuff, stifle it and make legendary by stifling! The rise of Dhirubhai Ambani, the author has taken deep dive into the building Reliance. As you read the book, many a times their is a feeling of oh! Doubts arise is this the way Business houses needs to be build or should their be an purpose of doing business? I recommend this book to understand how deep routed the link between business houses and law makers in India.
How many a times favours are provided and cheap thinking!! The poor remains poor and middle class will always struggle. The rise of Dhirubhai Ambani, the author has taken deep dive into the building Reliance. As you read the book, many a times their is a feeling of oh! Doubts arise is this the way Business houses needs to be build or should their be an purpose of doing business?
I recommend this book to understand how deep routed the link between business houses and law makers in India. How many a times favours are provided and cheap thinking!! The poor remains poor and middle class will always struggle. I have been thinking of reading some non-fiction stuff lately. So after searching for some time, started reading Hamish McDonald's The Polyester Prince: The Rise of Dhirubhai Ambani.
I am happily surprised to know about ambani's involvement in independence struggle. The Yemen silver coins business:buying silver currency and melting them to sell as raw silver-just shows the starting signs of the future AMBANI in progresss.
His initial rise in Mumbai and the success story of Vimal are all nicely cap I have been thinking of reading some non-fiction stuff lately. So after searching for some time, started reading Hamish McDonald's The Polyester Prince: The Rise of Dhirubhai Ambani. I am happily surprised to know about ambani's involvement in independence struggle. The Yemen silver coins business:buying silver currency and melting them to sell as raw silver-just shows the starting signs of the future AMBANI in progresss.
His initial rise in Mumbai and the success story of Vimal are all nicely captured by the author. All of these explain what separates Ambani from the rest.
He was such a risk taker but all of it well calculated. His story tells us how important friends and networking are. His relations with syndicate bank(Manipal Institutes), ICICI and nehru kotari.
Until this part, dhirubhai never really had strong opponents. But once Bombay dying's Wadia, Indian Express's Goenka and Accountant/Journalist Gurumurthy got together, Mr. Dhirubhai had faced hell lot.of trouble, which even lead him to the hospital for a sStroke. The revealations made by Gurumurthy are truly amazing: numerous ways to get bank loans, tens of companies fictionally created in India and all over the world for different purposes, rule sub-rule concept,etc.
That continued with V.P. Singh/Rajiv Gandhi episodes, massive amount of political games, where off the edge of the seat Chess movements were made involving Prime Minister, Finance Minister, President, Press Baron and two Business men. After all those politics, everything seems to come back to Business again. Dhitubhai ambitions were racing even further. He now wanted to create a Petro chemicals(Plastic) Plant and a Nartural gas cracker plant. Both of this needed huge funds. The way he again generated those funds is again truly amazing.
This whole thing also involved tactical take over of L&T from the hands of govt institutes of UTI & LIC with help from Bank of Baroda. Dhirubhai Ambani said that he builds a golden fountain over all his misdeeds and nobody will ever know what's underneath.
He could not cover it all up and this book is a well-composed summary (and argument) of the public part of Ambani's life. Hamish is very balanced, intelligent and diligent. I don't think that there is a better way to fully appreciate the breathtaking rise of Ambani, how fully he permeated the Indian government and bureaucracy or his masterful handling of capital and markets, a Dhirubhai Ambani said that he builds a golden fountain over all his misdeeds and nobody will ever know what's underneath.
He could not cover it all up and this book is a well-composed summary (and argument) of the public part of Ambani's life. Hamish is very balanced, intelligent and diligent. I don't think that there is a better way to fully appreciate the breathtaking rise of Ambani, how fully he permeated the Indian government and bureaucracy or his masterful handling of capital and markets, and his failures and troubles as well. How Ambani really was will remain a mystery. I guess Hamish had lesser and lesser information to work with towards the end- which is abrupt and rather lame.
Overall, a must read, especially if you're Indian. What an amazing book or precisely to be called as research work by Hamish Macdonalds,a complete compendium to indian market,politics and how things happen in real and are portrayed in media. A complete analysis of Dhirubhai Ambani along with presenting facts about major politicians,parties,scandals in the market and so more,no one could have written it better than Hamish who had an unbiased approach and filter for the gifts and rewards. Just an amazing read that to open the mind and a way to look What an amazing book or precisely to be called as research work by Hamish Macdonalds,a complete compendium to indian market,politics and how things happen in real and are portrayed in media. A complete analysis of Dhirubhai Ambani along with presenting facts about major politicians,parties,scandals in the market and so more,no one could have written it better than Hamish who had an unbiased approach and filter for the gifts and rewards.
Just an amazing read that to open the mind and a way to look behind the curtain and understand who appears to be at front are puppets,players are behind the curtain!!!!!!! This book is a small biography of Dhirubhai Ambani till reliance was set up and then morphs into a story of reliance Ltd, its dizzy peaks and deep troughs. Calling this a biography would be wrong I feel. Can't blame the author though. He does warn you initially of his inability to source out information from Ambani or his family members despite his best efforts, Thanks in part to the highly controversial life that Dhirubhai led. However it does give you an insight about the times of 1980s and 90 This book is a small biography of Dhirubhai Ambani till reliance was set up and then morphs into a story of reliance Ltd, its dizzy peaks and deep troughs. Calling this a biography would be wrong I feel.
Can't blame the author though. He does warn you initially of his inability to source out information from Ambani or his family members despite his best efforts, Thanks in part to the highly controversial life that Dhirubhai led. However it does give you an insight about the times of 1980s and 90s and how systematically the politics of our country for mixed up with its capitalists and their capital possibly with no way back now. Wow that took a long time to complete 200 odd pages. Firstly the book is banned by GOI and the Ambani family has done much to restrict any circulation of copies which almost seem non existent. I got hold of a pdf copy online with numerous typo errors. The book delves into the business life of Ambani in great detail.
The book claims that Dhirubhai Ambani and Co manipulated share price, played the role of really cunning fox at every turn, showed great extent of favoritism to people from Gujarat am Wow that took a long time to complete 200 odd pages. Firstly the book is banned by GOI and the Ambani family has done much to restrict any circulation of copies which almost seem non existent. I got hold of a pdf copy online with numerous typo errors. The book delves into the business life of Ambani in great detail. The book claims that Dhirubhai Ambani and Co manipulated share price, played the role of really cunning fox at every turn, showed great extent of favoritism to people from Gujarat among other criminal frauds. Ambani's it claims have smuggled crores worth of industrial equipment causing equally huge losses to the exchequer. The book also brings to light the connection however brief, with the Mumbai underground and the attempted assassination attempt on Nusli Wadia of Bombay Dyeing.
The Ambani's have always been manipulating the ruling parties and effectively changing decisions in their favor. It would be no surprise if Modi has also been cunningly used by them. Overall, the readability of the book is sub par as there are many financial terms used and a layman can get demotivated from continuing further reading. Overall an average read but still a good view into the public and business life of Dhirubhai Ambani. Had read this for work, so had done basic research on Mr Ambani beforehand.
So I already knew a lot of facts and stories, that are described at length in the book. But for somebody who is coming fresh, this book is a gold mine! This books shows the practical and dark side of Mr Ambani and how he navigated the tight bureaucratic structure of newly independent India; how he arm twisted it when needed and made the most of present scenarios. I don’t know why the Ambani’s were so swift in banning the Had read this for work, so had done basic research on Mr Ambani beforehand. So I already knew a lot of facts and stories, that are described at length in the book. But for somebody who is coming fresh, this book is a gold mine!
This books shows the practical and dark side of Mr Ambani and how he navigated the tight bureaucratic structure of newly independent India; how he arm twisted it when needed and made the most of present scenarios. I don’t know why the Ambani’s were so swift in banning the book. Anybody who knows how business and politics run alongside, with power and money at play - nobody would except anything less than what’s described in the book. Yes it does show a man who is determined to get to the top, and doesn’t want to cry about the restrictions he faces!
In the face of these limitations, what Mr Ambani does is what makes him truly who he is. I feel this is a very correct portrayal of that man and you ought to read this book for a fuller perspective of him.
Banning something ordinary, indeed gives it an aura of undeserved importance many a times. This book is a prime example of that. It was such a laborious read, had to skim over so many parts as it is not written compellingly at all. It is crammed with news stories, facts mixed with flights of fantasy to the brim, with hardly any attention to narrative style. It doesn't help either that the author seems to have a superficial understanding of Indian politics.
But the biggest put off though was his Banning something ordinary, indeed gives it an aura of undeserved importance many a times. This book is a prime example of that. It was such a laborious read, had to skim over so many parts as it is not written compellingly at all.
It is crammed with news stories, facts mixed with flights of fantasy to the brim, with hardly any attention to narrative style. It doesn't help either that the author seems to have a superficial understanding of Indian politics. But the biggest put off though was his sympathy for Sangh and Hindutva movement. However, buried amidst all of this, there are some interesting factoids too, which might have been scandalous upon the release of the book.
But one has to have a large bowl of salt rady, while reading this. One is left with the feeling that the complex saga of the Ambani empire probably needed a better narration. This is almost a thriller novel with government, corporations, detectives and all dirty things money could do. It does give a glimpse of how Ambani built his empire. Sadly, a lot of details remain unknown. I particularly wish the author should have tried to explain money flow, stock price and profitability a lot more.
The writing style frequently goes back and forth in time, making it confusing sometimes. I also found that the book digresses sometimes to unrelated politics and becomes very slow This is almost a thriller novel with government, corporations, detectives and all dirty things money could do. It does give a glimpse of how Ambani built his empire.
Sadly, a lot of details remain unknown. I particularly wish the author should have tried to explain money flow, stock price and profitability a lot more. The writing style frequently goes back and forth in time, making it confusing sometimes.
I also found that the book digresses sometimes to unrelated politics and becomes very slow after 1985. This was a freebee from Goodreads and seems to be an unedited first or second draft. Engaging and informative although experience with money management, law and Indian politics would facilitate a greater understanding of the situations described. 'The inside trading was not just in the affairs of Reliance Industries Ltd, but in the affairs of the Government of India.' Dry in places the story is carried by the sheer volume of infractions and illusive deals. I'm left shaking my head at the blatant This was a freebee from Goodreads and seems to be an unedited first or second draft.
Engaging and informative although experience with money management, law and Indian politics would facilitate a greater understanding of the situations described. 'The inside trading was not just in the affairs of Reliance Industries Ltd, but in the affairs of the Government of India.' Dry in places the story is carried by the sheer volume of infractions and illusive deals. I'm left shaking my head at the blatant lengths one individual will go to attain an end. Great to know the behind the scene story of the Ambanis. The book does a fair bit in portraying the background in terms of the business environment, political scene and media.
Explains many of the Reliances sensational periods very well. It has much less flavour of the personal aspects of Dhirubhai. So it is less of a bio, and more of a documentary on Reliances rise in Indian business scene. Very well done throughout the book with well researched facts, a pinch of dramatisation and anecdotal sto Great to know the behind the scene story of the Ambanis. The book does a fair bit in portraying the background in terms of the business environment, political scene and media. Explains many of the Reliances sensational periods very well.
It has much less flavour of the personal aspects of Dhirubhai. So it is less of a bio, and more of a documentary on Reliances rise in Indian business scene. Very well done throughout the book with well researched facts, a pinch of dramatisation and anecdotal stories.
![Kannada Kannada](http://motivateme.in/wp-content/uploads/2016/01/7-Motivational-Learnings-from-Dhirubhai-Ambanis-Life1.jpg)
Enjoyable read.