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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On the cocktail circuit, gossip linked the government’s decision with Dhirubhai’s formidable political contacts, symbolized by a lavish party which he hosted in a New Delhi five-star hotel for Mrs. Radhika rated it maahrajas was amazing Jan 29, We set up a control room to connect the site with the outside world.

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More often than not, it was referred to as a ‘sunset’ business, one where there was no fresh investment, no aggression. The allegations forced a protest.

Each day at 1 1 a. Whispers started wafting through textile circles that Reliance’s phenomenal success owed less to good management and more to manipulation. His hold on PTA production would become so strong that no one dared challenge it for over a decade.

Business Maharajas by Gita Piramal

One could be forgiven for thinking there’s a sense of atis faction at Maker Chamber IV, Nariman Point, one of ;ombay’s most famous addresses and the headquarters of the at ion third largest private sector company.

Predictably, the finance ministry was none too happy that Ambani had managed to double-guess its plans, and struck back with a 50 per cent import duty which would nullify his gains.

Traditional venues for company annual general meetings were too small to accommodate the army of shareholders who wanted to see their king, and Reliance started hiring huge football stadia to host its AGMs.

With a wry smile, Deora recalls business trips to Delhi where since neither could afford a hotel room, they had a storage arrangement with Ashok Hotel for their briefcases and returned to Bombay by the last flight.


In fact, according to Anil, ‘the first letter of intent to be cleared by Rajiv Gandhi at the first cabinet meeting was for Reliance. Ambani’s keenness for the project was not merely due to his confirmed belief in backward integration.

We used to jump when Sunday arrived and we would be thrilled because we would be taken to an Udipi restaurant for idli sambhar. Yes, I could have done some business in Aden itself but I wanted to do something in my own country. Like them, he worked Bombay’s hot and teeming yarn markets, living off busijess shop snacks and endlessly chewing paan. Their attitude towards partners and strategic alliances symbolizes the polarity maahrajas the two tall, sophisticated, American-educated heads of giant engineering concerns.

Book Review: Business Maharajas by Gita Piramal

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 gutsy 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 but by the govt permission.

He denied approval to Birla to set up an integrated steel plant in Bihar, on the flimsy argument that such plants were reserved for the public sector.

Three days after the finance ministry had relaxed constraints on NRI investments on August 20,three companies applied to the Reserve Bank of India for more Reliance shares. The group is at a watershed in its year-old history and Tata knows he has to take urgent steps to prevent the group from plummeting into terminal decline. And then come to me.

There used to be this big corridor running alongside twenty pigeonhole type flats on one floor. Most mills were set up during the British Raj, their brown owners acting as blue-blooded as the Prince of Wales. How do you find my health?


Business Maharajas (Penguin business)

He couldn’t have been more wrong. Be ahead of the tomorrows,” he kept telling his new team. Initially everybody was pessimistic, everybody I talked to said it’s difficult. How did these men build their enormous empires? Sales were booming, moving up by 24 per cent to Rs 9. If I had a ready product then I would not be at the mercy of other units in the industry, and I could ensure the quality of the products myself.

The Raj was at its pinnacle, it was RP’s first job, and his father was furious. Books like this bring out the human being in them — his fears, hopes and happiness.

For one, it’s impossible to be totally detached, impartial and completely well-informed. If we can’t take care of our shareholders and employees and start worrying about the world, then that is hypocrisy. To counter this latest a: Top Reviews Most recent Top Reviews. But he has disproved me by his resourcefulness. 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. He met every commitment on time, regardless of cost.

Alexa Actionable Analytics for the Web. Imports, and exports have to be combined together to get a totality profit. His raw material bill could shoot up by Rs m. So he turned for support to the only other option he had: East Dane Designer Men’s Fashion.