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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Rockefeller or a Bill Gates. The rich bears discounted the promoter of the company they were targeting. Learn more about Amazon Prime. Defending his positioh, Bajaj once said, “I do not want in giha own country to share power, authority making and ownership with a foreigner. Technical experts from Du Pont flown in at considerable cost estimated a minimum period of ninety to a hundred days before the complex could be operational again.

Had sending Anil to win his spurs at Naroda been a mistake?

Was this a legitimate business deal or one of Dhirubhai’s creative schemes? The editing of the book, especially grammar and sentence structure, could have been better. We had projects on hand at that time which were apital intensive.

Thirty mayarajas later, he’s still using it. While writing this book, have I been subjective? Insales nudged Rs 78bn.

Four times over the past five years Reliance had issued artly convertible debentures collectively worth Rs m. Legs planted squarely on the ground, his head cocked slightly, his thitaning hair cropped shorter than a marine’s, eyebrows flying over a broad forehead, Ambani looks relaxed.


Over time, he integrated sideways into LAB linear alkyl benzene, used by detergent manufacturersinto thermoplastics such as PVC poly vinyl chlorideHDPE high density polyethyleneLDPE low ggita polyethylene, used by plastics processorsgit then worked his way backwards through intermediates such as MEG mono ethylene glycolpara xylene and n-paraffin, to’ the basic raw material, ethylene and ultimately the source of petrochemicals, oil.

If you spend more money, you get more epreciation. Bu need for the latter lessened as the government reduced restrictions on local companies.

Business Maharajas (Penguin business)

What really hurt Reliance badly was a gaping hole in operating profits caused by a variety of factors. The polyester pasha had stumbled on a huge market which the older mills had missed completely. As he said, “Now I get my rupee funds from my investors.

Shell, who had set up a refinery in Aden inpaid his first salary of Rs a month. Against exports of rayon fabrics we were getting imporl entitlements for nylon fibre. In a bid to make companies like Reliance actually pay taxes, Pranab Mukherjee, the then finance minister, announced in his budget that zero-tax companies would have to compulsorily pay tax on 30 per cent of their profits.

Business Maharajas by Gita Piramal

Until it went public, Ambani used to plough every paisa of profit into the company, rarely treating himself to a dividend. And it was a rude awakening. They said, “Out of two, if you amharajas get one ready in a busineess, you will be lucky. Some dominate a particular business, others control more than one industry. He could never accept the conditions under which B.


He stormed the topmost orbit when he decided to invest in petrochemicals. I wanted to remqve that feeling. The Naroda mill was a watershed in the Ambani saga. Typically, Dhirubhai called a board meeting the day before he left.

Reliance had to have th best: Each day at 1 1 a. Just like a real empire, every business concern encounters aggression from all corners, not necessarily armed ones.

He met every commitment on time, pieamal of cost. Some are highly educated, others are college drop-outs. Tony Vijay rated it liked it Oct 18, Still, in the area of social work a lot needs to be done.

If they say this, it will percolate. Later it approved a number of our projects and schemes like the PVC and foreign exchange financing schemes.