Business Maharajas [Gita Piramal] on *FREE* shipping on qualifying offers. The inside track to India’s most powerful tycoons The eight business. Business Maharajas has ratings and 20 reviews. Sukant said: This book is the compilation of the topmost Indian Businessman of India. This review woul. Business Maharajas has 2 ratings and 1 review. Suparnkumar Sathe said: Great book. Tells you many things about how great businessmen run their businesses.
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Instead of being pushed around, Ambani neatly turned the tables on the Marwari.
In his relationship with his dealers, Dhirubhai established a paternalistic attitude. Socialist India has harassed businesses time and again and continues to do so even after liberalization.
Business Maharajas (Penguin business)
Gkta was hoped that the youngest son, if he could become a graduate, would lift the family from poverty to a middle-class lifestyle, but it would be Dhirubhai who would achieve this and more, his activities becoming important enough for Forbes and Fortune, the Financial Times and the Far Eastern Economic Review to report them.
Birla never made a product that required large-scale promotion and stayed away from consumer products which were risky. Someone began to ask how and from wlere Ambani had got hold of Rs m to pay for those shares.
As 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. As a yarn trader, Ambani used to kick his heels outside the custom-designed guta of the big serfs, waiting for the opportunity to make a sale.
Gandhi immediately after the January Lok Sabha elections. Visit our Help Pages.
According to Mahrajas, while Ambani did not pioneer the concept of company stores-Reliance’s competitor Bombay Dyeing had innovated this practice-he ‘pursued this strategy on a grand scale’.
Maharakas doubled every two years from Rs 49m into Rs mRs mRs mRs 1,m and Rs 2,m I could never do a normal job. Ambani’s success in franchising and his speed in opening retail outlets is perhaps comparable to that of Benetton, the Italian knitwear company, or McDonald’s, the American hamburger chain. What bisiness their management secrets? Thereby he altered the course of B. The rest they described as slums. Except Ambani who was ready to lick the boots of bureaucrats and politicians and bribe them to get his work done, all the others who refused to comply was tortured, and had to fight tooth and nail to run their businesses, from the Income Tax department raiding the diamond merchants to the maharajax Khaitan who runs his business under the shadow of ULFA naxals with a private army to the Bajajs who had to endure riots in front of their business and their production controlled not by demand mmaharajas by the govt permission.
The government wouldn’t exchange his rupees and he lost the opportunity. Lists with This Book. And yes, there’s no shortage of people waiting to salute him. Gita’s major works include the best sellers Business Maharajas and Business Legends.
Full text of “Business Maharajas”
Return to Book Page. Initially everybody was pessimistic, everybody I talked to said it’s difficult. Now we have a fully integrated composite mill,” said Indu Sheth, now retired. I am willing to salaam anyone. Get to Know Us. To the poorly punned question, “We would like to have your last word on the subject,” Dhirubhai quipped: Thirty years later, he’s still using it. Open Preview See a Problem? Mulling over oney-making schemes, a brain wave hit Ambani.
Nov 12, Jyotsna Sanghi rated it it was amazing. There are many superstars who are equally-if not more-interesting, such as Vijay Mallya, the jet-setting liquor king, or Subhash Chandra of Zee TV. The next year’s budget removed the ini mum tax. Instead of creating a ‘safe’ capacity based on conservative demand projections, Ambani planned huge factories which from the beginning would be world-scale in capacity, cost and quality standards— ven if local demand didn’t match or hadn’t yet reached such volumes.
In tandem with the trend, Reliance’s market cap exploded from Rs 1. It would go down in the BSE’s history as a day of total chaos.
People like Vijay Shah were very flamboyant, while Ram Prasad Goenka was reclusive to the point of not even divulging the names of books he was reading so as not to present an opportunity for others to gauge his personality! What has sustained this single-minded commitment?
Between them, they control sales of roughly Rs bn through amharajas companies and directly employ at leastpeople.
The reason for his sudden appetite was a small but significant change in company tax laws. The Ambanis don’t rely on paper qualifications. Singh, he took this step ‘to curb unhealthy speculation’.
Nirav rated it really liked it Apr 20, What I am trying to say is that I have developed a broadness of mind which my friends in the village cannot think of having. What really hurt Reliance badly was a gaping hole in operating profits caused by a variety of factors. Switch on a light, sip a cup of tea, have a shave, listen to music, drive to work, see a movie, snuggle into a pillow—and you’ll find yourself using their products through the day and into the night.
Before Dhirubhai, most Indian plants gusiness pigmy-sized, partly because maharajws their promoters’ blinkered horizon. Sip a cup of tea, drive to work, listen to music, build a house Reliance Petrochemicals, which went public around the same time, attracted the world’s second largest shareholder population of 1.
Bajaj is a loner but Tara has over half a dozen joint ventures.
BUSINESS MAHARAJAS Gita Piramal
Helping the blind or doing charity or something like that? If you an survive this nonsense then you can survive anything! So maharajws do they think? At that time our strategy was to export because expor gave a lot of prestige with the government.
Ambani had been dreaming of integrating backwards f some time. The Creation of Wealth: