Reliance Industries ltd. requires no introduction to market savvy people. “Reliance” a name dreamed off by dhirubhaii when he is Gujarat’s chorwad district. From the very humble beginning it has gone all the way to become largest private sector company in India….and who knows may be in world very soon (courtesy: current market rally again led by Reliance group).
RIL is like a banyan tree set up by dhirubhaii and extremely efficiently nurtured by his 2 sons…Mukesh & Anil…Mukesh quite oriented towards technicalities of business while Anil towards fundamentals of the same. Today all the branches of this tree are spreading large and long enough in terms of valuations and playing a significant role in India’s economy.
However Reliance group today has come a long way well above Ambanis. I remember somewhere I read dhirubhaii’s statement couple of years back…”one day Ambanis will become irrelevant…only the philosophy and the shareholders will keep this organisation afloat”…and this is what is happening today (and each and every day) on Dalal Street.
I read about dhirubhaii for the first time when I was in 10th std. in my hometown. There was an article on dhirubhaii in our local newspaper...when he was felicitated by Dean’s medal from Wharton Business School (Anil’s almamater).
One fine day both the brothers decided to choose their own way thus unlocking the valuations hidden in the group companies…be it RPL…REL…RIIL…RCL…RCVL…and few more like Jai Corporation (promoted by Anand Jain…mukesh’s right hand). As on date all Reliance group companies are behemoth in themselves…assisting millions of shareholders in realizing their dreams…to become rich. There are so many middle class people who supports entire Reliance group…these people have bought their homes….ensured their children’s marriages just from the earnings from reliance shares. Dhirubhaii, a humble middle class person, but with big dreams in his vision is the key architecture of this entire Indian capital market.
Hats off to Dhirubhaii and his two sons…
RIL is like a banyan tree set up by dhirubhaii and extremely efficiently nurtured by his 2 sons…Mukesh & Anil…Mukesh quite oriented towards technicalities of business while Anil towards fundamentals of the same. Today all the branches of this tree are spreading large and long enough in terms of valuations and playing a significant role in India’s economy.
However Reliance group today has come a long way well above Ambanis. I remember somewhere I read dhirubhaii’s statement couple of years back…”one day Ambanis will become irrelevant…only the philosophy and the shareholders will keep this organisation afloat”…and this is what is happening today (and each and every day) on Dalal Street.
I read about dhirubhaii for the first time when I was in 10th std. in my hometown. There was an article on dhirubhaii in our local newspaper...when he was felicitated by Dean’s medal from Wharton Business School (Anil’s almamater).
One fine day both the brothers decided to choose their own way thus unlocking the valuations hidden in the group companies…be it RPL…REL…RIIL…RCL…RCVL…and few more like Jai Corporation (promoted by Anand Jain…mukesh’s right hand). As on date all Reliance group companies are behemoth in themselves…assisting millions of shareholders in realizing their dreams…to become rich. There are so many middle class people who supports entire Reliance group…these people have bought their homes….ensured their children’s marriages just from the earnings from reliance shares. Dhirubhaii, a humble middle class person, but with big dreams in his vision is the key architecture of this entire Indian capital market.
Hats off to Dhirubhaii and his two sons…
No comments:
Post a Comment