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HISTORY OF INDIAN SMART ENTREPRENEURS

DHIRU BHAI AMBANI: Dhiru Bhai Ambani creates Indias largest private sector company.Reliance is the first Indian company to feature in Forbes 500 list . Dhiru Bhai Ambani was themost enterprising Indian entrepreneur. His life journey is resonant of the rags to riches story. Heis remembered as the one who rewrote Indian corporate history and built a truly global corporategroup. He was born in December 28, 1932 at Chorwad, Gujarat, into a Modh family. His fatherwas a school teacher. Dhiru Bhai Ambani started his entrepreneurial career by selling bhajiasto pilgrims in Mount Girnar over the weekends. and died in : July 6, 2002.

After doing his matriculation at the age of 16, Dhiru Bhai moved to Aden. He worked there as agas-station attendant, and as a clerk in an oil company. He returned to India in 1958 with Rs50,000 and set up a textile trading company. Assisted by his two sons, Mukesh and Anil, DhiruBhai Ambani built Indias largest private sector company, Reliance India Limited, Over time hisbusiness has diversified into a core specialization in petrochemicals with additional interests in

telecommunications, information technology, energy, power, retail, textiles, infrastructureservices, capital markets, and logistics.In 1992, Reliance became the first Indian company to raise money in global markets, its highcredit-taking in international markets limited only by Indias sovereign rating. Reliance alsobecame the first Indian company to feature in Forbes 500 list.
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Dhiru Bhai Ambani was named the Indian Entrepreneur of the 20th Century by theFederationof Indian Chambers of Commerce and Industry (FICCI). A poll conducted by The Times ofIndia in 2000 voted him greatest creator of wealth in the century.

ANIL AMBANI: Anil Ambani is one of the foremost entrepreneurs of Independent India. He is

the Chairman of Anil Dhiru Bhai Ambani Group .He was Chosen as the CEO of the Year 2004in the Platts Global Energy Awards and MTV Youth Icon of the Year in September 2003. AnilAmbani did his Bachelors in Science from the University of Bombay and Masters in BusinessAdministration The Wharton School at the University of Pennsylvania. Anil Ambani joinedReliance in 1983 as Co-Chief Executive Officer. He pioneered India Incs forays into overseascapital markets with international public offerings of global depository receipts, convertibles andbonds, After the split in Reliance Group, Anil Ambani founded Anil Dhiru Bhai Ambani Group.He is the Chairman of all listed Group companies, which include: Reliance Communications,Reliance Capital, Reliance Energy and Reliance Natural Resources Limited

Anil Ambai was elected as an independent member Rajya Sabha MP in June 2004. But heresigned voluntarily on March 25, 2006. Anil Ambani has won several awards and honors. Major

among these include: CEO of the Year 2004 in the Platts Global Energy Awards, MTV YouthIcon of the Year in September 2003, The Entrepreneur of the Decade Award by the BombayManagement Association, and Businessman of the Year Award by leading Business Magazine,Business India in 1997.

MUKESH AMBANI: Mukesh Ambani is the face of new emerging India. He is the Chairmanand Managing Director of Reliance Industries Limited, Indias largest private sector company.Mukesh Ambani was born on April 19, 1957 in Mumbai. His father DhirubhaiAmbani was thena small businessman who later on rose to become one of the legends of Indian industry. MukeshAmbani did his Bachelors in Chemical Engineering from University of Bombay and Masters inBusiness Administration from Stanford University, USA.. Mukesh Ambani joined Reliance in

1981 and was the brain behind Reliances backward integration from textiles into polyesterfibres and further into petrochemicals. During the process of backward integration, MukeshAmbani led the creation of 51 new, world-class manufacturing facilities involving diversetechnologies that raised Reliances manufacturing capacities manifold. Worlds largestgrassroots petroleum refinery at Jamnagar is the brainchild of Mukesh Ambani. He was also thein charge of Dhirubhais dream project Reliance Infocomm. Recently, he also entered into anagreement with Haryana Government to establish aSpecial Economic Zone (SEZ)with an
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investment running into thousands of corers. Mukesh Ambani has many achievements andhonors to his name.

Mukesh Ambani was chosen as the ET Business leader of the Year 2006. He was ranked 42ndamong the Worlds Most Respected Business Leaders and second among the four Indian CEOsfeatured in a survey conducted by PricewaterhouseCoopers and published in Financial Times,London, November 2004.

AZIM PREMJI: Azim Premji is the Chairman of Wipro Technologies, one of the largest

software companies in India. He is an icon among Indian businessmen and his success story is asource of inspiration to a number of budding entrepreneurs. He was Born on July 24, 1945, AzimHashim Premji was studying Electrical Engineering from Stanford University, USA when due tothe sudden death of his father; he was called upon to handle the family business. Azim Premjitook over the reins of family business in 1966 at the age of 21. Under Azim Premjis leadershipWipro has metamorphosed from a Rs.70 million company in hydrogenated cooking fats to apioneer in providing integrated business, technology and process solutions on a global deliveryplatform. Today, Wipro Technologies is the largest independent R&D service provider in theworld. At the first annual general meeting of the company attended by Azim Premji, ashareholder doubted Premjis ability to handle business at such a young age and publicly advisedhim to sell his shareholding and give it to a more mature management. This spurred Azim Premji

and made him all the more determined to make Wipro a success story. And the rest is history.

Azim Premji has several achievements to his credit. In 2000, Asia week magazine, voted Premji

among the 20 most powerful men in the world. Azim Premji was among the 50 richest people inthe world from 2001 to 2003 listed by Forbes. In April 2004, Times Magazine rated him amongthe 100 most influential people in the world by Time magazine. He is also the richest Indian forthe past several years. In 2005, Government of India honored Azim Premji with Padma Bhushan.

KUMAR MANGALAM BIRLA: Kumar Mangalam Birla is the Chairman of theAditya Birla Group. The group is Indias third largest business house. Major companies ofAditya Birla Group in India are Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and


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Idea Cellular. Aditya Birla Groups joint ventures include Birla Sun Life (Financial Services)and Birla NGK (Insulators). The group also has its presence in various countries such asThailand, Indonesia, Malaysia, Philippines, Egypt, Canada, China and Australia. He was Born onJune 14, 1967, Kumar Mangalam Birla spent the early of his life in Calcutta and Mumbai. He isa Chartered Accountant and did his MBA (Masters in Business Administration) from the London

Business School, London. Kumar Mangalam Birla took over as Chairman in 1995, at the age of28, after sudden demise of his father, noted industrialist Aditya Birla, after whom the group isnamed. Under Kumar Mangalam Birlas leadership, the Aditya Birla Group, apart fromconsolidating its position in existing businesses, also ventured into sunrise sectors like cellulartelephony, asset management, software and BPO. Kumar Mangalam Birla also holds several keypositions on various regulatory and professional boards, including chairmanship of the advisorycommittee constituted by the ministry of company affairs for 2006 and 2007, membership of theprime minister of Indias advisory council on trade and industry, chairmanship of the board oftrade reconstituted by the union minister of commerce and industry, and membership of theCentral Board of Directors of the Reserve Bank of India.

Kumar Mangalam Birla has won several honors. Major among them include The BusinessLeader of the Year (2003) by The Economic Times, Business Man of the Year2003 byBusiness India, and The Ernst & Young Entrepreneur of the Year -India in 2005.

VIJAY MALLYA: Vijay Mallya is the Chairman of the United Beverages (UB) Group. Herecently launched a new domestic airline called Kingfisher Airline which is making great waves.Vijay Mallya is famous for his flamboyant and flashy lifestyle. Vijay Mallya is the son of afamous industrialist Vittal Mallya. He assumed the Chairman of the UB Group in 1983 and tookthe company to great heights. Under his dynamic leadership the group has grown into a multi-national conglomerate of over sixty companies. During this process United Beverages acquiredseveral companies abroad. The UB Group has diversified business interests ranging fromalcoholic beverages to life sciences, engineering, agriculture, chemicals, information technologyand leisure. In 2005, Vijay Mallya established Kingfisher Airlines. In a short span of timeKingfisher Airline has carved a niche for itself. It was the first airline in India to operate with allnew aircrafts. Kingfisher Airlines is also the first Indian airline to order the Airbus A380. In2000, Vijay Mallya entered politics superceded Subramanian Swami as the president of Janata

Party.


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RAHUL BAJAJ: Rahul Bajaj is one of Indias most distinguished business leaders andinternationally respected for his business acumen and entrepreneurial spirit. Rahul Bajaj is theChairman of the Bajaj Group, which ranks among the top 10 business houses in India. The BajajGroup has diversified interests ranging from automobiles, home appliances, lighting, iron andsteel, insurance, travel and finance. Rahul Bajaj is an alumnus of Harvard, St. Stephens andCathedral. He took over the reins of Bajaj Group in 1965. Under his stewardship, the turnover ofthe Bajaj Auto the flagship company has risen from Rs.72 million to Rs.46.16 billion. RahulBajaj created one of Indias best companies in the difficult days of the licenses-permit raj. Heestablished factories at Akurdi and Waluj. In 1980s Bajaj Auto was top scooter producer in Indiaand its Chetek brand had a 10-year waiting period. The recession and stock market collapse of2001 hit the company hard and it was predicted that the days of Bajaj Auto were numbered.However, Bajaj Auto re-invented itself, established a world-class factory in Chakan, invested inR&D and came up with Bajaj Pulsar Motorcycle. Bajaj Pulsar is currently a leader in itssegment.

Lakshmi Mittal Profile

Lakshmi Mittal has become something of a cult figure in the global steel industry. His companyMittal Steel is the largest steel maker in the world. After the recent merger between Mittal Steeland Arcelor which raged a big debate throughout the Europe, Laxmi Mittal current controls 10%of the total steel production and the combined entity that has come into force post-merger is threetimes the size of its nearest competitors.

Lakshmi Niwas Mittal was born on June 15, 1950 at Sadulpur, in Churu district of Rajasthan, ina poor family. The extended family of 20 lived on bare concrete floors, slept on rope beds andcooked on an open fire in the brickyard in a house built by his grandfather. Laxmi Mittal belongsto Marwari Aggarwal caste and his grandfather worked for the Tarachand Ghanshyam Das firm,one of the leading Marwari industrial firms of pre-independence India.

The family later on moved to Kolkata where his father Mohan Mittal became a partner in a steelcompany. Lakshmi Mittal graduated from St. Xaviers in Kolkata with a commerce degree in

1969. He began his career working in the familys steelmaking business in India and in 1976,Lakshmi Mittal founded Mittal Steel Company. He split from his father and two youngerbrothers in 1994 and took the international arm, with interests in Indonesia and Trinidad andTobago, while the rest of the family kept the domestic Indian business. In the last few yearsMittal Steel has made a number of acquisitions, buying up a network of steel producers in formercommunist countries including Kazakhstan, Romania and Ukraine, and pushing into the U.S. in2004 with the $4.5 billion purchase of International Steel Group. Today, Mittal Steel is the onlytruly global steel producer in the world with operations on 14 countries, spanning 4 continents.


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Lakshmi Mittal is also known for his opulence. In 2003, he acquired the Kensington mansion,said to be the worlds most expensive home, from Formula One racings Bernie Ecclestone for70 million ($128 million). His daughter Vanishas $50 million wedding bash is touted as themost expensive wedding of the 20th century.In March 2006, Lakshmi Mittal was listed as the third wealthiest person in the world after Bill

Gates and Warren Buffet by Forbes Magazine.

Ekta Kapoor Profile

Ekta Kapoor can be aptly called as the reigning queen of Indian television industry. The serialsproduced by her company Balaji Telefilms are a great hit with the masses and are dominating allthe major T.V. channels in India.Born on June 7, 1975, Ekta Kapoor is daughter of formerBollywood superstar Jeetendra and sister of current Bollywood hero Tusshar Kapoor. EktaKapoor did her schooling from Bombay Scottish School and later on joined Mithibai College.She was not interested in academics and on the advice of her father ventured into TV-serialproduction at the age of 19. And soon she changed the face of Indian television industry and

completely dominated it. Today, Ekta Kapoor is the creative director of Balaji Telefilms. Hercompany has produced more than 25 serials and each one is being shown, on an average, fourtimes a week on different television channels. Ekta Kapoors serials have captured theimagination of masses. She broken all previous records of TV serial production and popularity inIndia. Her most famous television venture has been Kyunki Saas Bhi Kabhi Bahu Thi whichbegan in 2000 and is still leading the TRP ratings in India. Her other famous serials includeKahaani Ghar Ghar Ki, Kahiin To Hoga, Kavyanjali, Kyaa Hoga Nimmo Kaa, KasamhSe, Kahin Kisii Roz, Kasautii Zindagi Kay, Kkusum,Kutumb, Kalash, andKundali.For her entrepreneurial skills and achievements Ekta Kapoor was awarded with Ernst& Young (E&Y) Startup Entrepreneur Of The Year award in 2001.

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Posted by economicindia on June 3, 2009 at 6:16 amFiled underBUSSINESS & ECONOMIC | Tags:: Anil Ambani,Aditya Birla Group,AnilDhiru Bhai Ambani Group,Azim Premji,Dhiru Bhai Ambani,Ekta Kapoor,FICCI,KingfisherAirlines,Kumar Mangalam Birla,Lakshmi Mittal,Mukesh Ambani,RAHUL BAJAJ,Reliance

Industries Limited,Special Economic Zone (SEZ,The Bajaj Group,United Beverages,VIJAYMALLYA,Wipro Technologies | Leave a comment | Trackback URI

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goyalSays:

good effort on your part. i must appreciate it. pls dont spell Dhirubhai as Dhiru bhai.regards.

Posted onJuly 9, 2009 at 3:20 pm

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buy_vigrxplusSays:

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Posted onJuly 16, 2009 at 8:59 pm

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LnddMiles Says:

Pretty cool post. I just stumbled upon your blog and wanted to say

that I have really liked reading your blog posts. AnywayIll be subscribing to your blog and I hope you post again soon!

Posted onJuly 24, 2009 at 9:31 am

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deepa Says:

for presentation..

Posted onAugust 1, 2009 at 5:37 pm

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Raja Says:

I want full profile about the mittal and ambani groups

Posted onSeptember 1, 2009 at 12:30 pm

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