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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Birla paid Rs 3m to bty Indian Rayon while the capital cost of Maharajae mill was one tenth that at Rs , which he borrowed. This strategy would become the essence of Birla’s corporate philosophy.

piramaal They planned to later pick up these same shares very cheaply and thereby make a tidy plramal on the difference. Whether in a white half-sleeved safari or one of his conservative dark [] suits and crisp white shirts with his trademark flamboyant red silk tie, there’s nothing half-hearted about the most talked about businessman in India.

A sleepy Rs 54bn init had risen to Rs bn inand shot up to Rs 4,b.

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Clean’ Singh, Rajiv Gandhi’s new finance minister. Bysales were Rs 2. InReliance’s daily turnover gasshares or Rs The first hint businses future trouble was the government’s sudden decision to shift imports of PTA from the open general licence OGL to the ‘limited permissible list’ in the Exim Policy notification of May 28, Size brought its own problems and solutions.

Despite the difficult conditions he worked under, Bajaj established Bajaj Auto as one of India’s piarmal world-class organizations. Aden being a free port had tremendous demand for a range of commodities. In the late 70s,her younger son Vijay had established a tiny office and: Can the elements of success be identified?


In the early years that underdog, almost paranoid attitude, was a matter of survival. The share appreciated by per cent. It was until then the biggest issue. The big mills had to use cotton. Gradually we kept expanding the capacity of the mills, integrating vertically all the time.

Gates, founder of icrosoft, is one of the richest men in the world and in lq95 Microsoft’s market cap was the tenth highest among Maharajqs corporations, according to Fortune.

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Rockefeller or a Bill Gates. In an obvious attempt to teach businese bear syndicate ales son for battering at his share price, Ambani delivered the coup de grace on that fateful Friday by demanding delivery. My dad, my mother, my grandmother, my uncle, my brother and myself lived in one room.

Her son, Rajiv, became prime minister. As long as he kept moving, money poured in.

He didn’t look down on consumers or take them for granted. I knew that we could manage the business a lot better, make more money than them, and yet supply better and cheaper products to our mills. Businfss are a study in contrasts. When his sons were old enough, he would send his sons to Stanford Mukesh and Wharton Anil.

Local newspaper reports, based on the opinion of India’s best experts, were even less optimistic. You do require an invitation when there is a profit. The first company Goenka bought was the Calcutta-based Duncan Pirqmal.

Business Maharajas by Gita Piramal

Whatever information must come, must come. The government’s licensing policy favoured the powerioom sector and large mill owners even Ambani, found it difficult to get sanctions for capacity expansion. To help him manage the exploding business, Dhirubhai turned to his family and close friends. License Raj and Congress are the culprits of destroying this country down to its roots.


Until it went public, Ambani used to plough every paisa gy profit into the company, rarely treating himself to a dividend. Indian entrepreneurs had not yet begun manufacturing man-made yarns and fibres locally. Shopbop Designer Fashion Brands. No one understands the psychology of capital markets and of the Indian investor better than Vusiness. The newspaper claimed that these companies belonged to Reliance and that they borrowed money from the banks at 18 per cent interest to buy debentures which earned only There was a price to pay for riches and power, and the bill had been presented.

Aug 13, Vatsal Dusad rated it liked it. The first thing that happened was that I came to the office and found there was only one person with whom I would work for ten or fifteen years.

Singh’s decision until he reached Bombay. Work is in full swing on an ethylene gas cracker and an oil refinery, and Reliance is a regular bidder for oil exploration contracts. Dhirubhai once said, “I consider myself a pathfinder. I am telling you, Gwalior’s Dornie looms were also known piramap power looms What a fallacy! This greatly upset Birla, who had already found a U.