Story of Reliance

Empire builder

Print edition : March 21, 2014

Dhirubhai Ambani with Prime Minister Indira Gandhi. A file photo.

Ram Naik, Union Minister for Petroleum and Natural Gas, honouring Dhirubhai Ambani, who was conferred the "Man of the Century" award at a function orgnaised by Chemtech Foundation in Mumbai in 2000, in the presence of Governor P.C. Alexander. Photo: PAUL NORONHA

Prmie Minister A.B. Vajpayee videoconferencing with Pramod Mahajan, Minister for Information Technology, and Mukesh Ambani, chairman, Reliance Infocomm, at the launch of the Reliance network in 2003. Photo: AFP

(From right) Gujarat Chief Minister Narendra Modi, Deputy Prime Minister L.K. Advani, Minister for Communications, Information Technology and Disinvestment Arun Shourie and Mukesh Ambani at the inauguration of the "Vibrant Gujarat Investors Summit 2003". Photo: Kamal Narang

To build his Rs.75,000-crore corporate empire, Dhirubhai Ambani curried favours with the powers that be and at the same time kept his investors happy. The Ambani family’s single-minded pursuit of assets has ensured that it always backs the potential winner.
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