The book was never published in India and was banned there. McDonald interacted with and interviewed many people who had known Ambani personally, including politicians, businessmen, lawyers and media persons. Some interviewees requested anonymity due to their personal and professional relationship with the Ambani family or to his political influence. The book illustrates Ambani's journey from school teacher's son in Gujarat to a business tycoon.
|Published (Last):||11 May 2008|
|PDF File Size:||3.82 Mb|
|ePub File Size:||16.10 Mb|
|Price:||Free* [*Free Regsitration Required]|
What a book!! Jam packed with facts, revelations, corporate drama, political dance, underworld deals and clash of egos makes it a gripping read.
For years, copies of this book were smuggled from other countries and sold in India for prices as high as Rs. However, for netizens there is good news. I have uploaded the ebook in pdf format which can be read online or downloaded to your local PC. Coming to the content of the book. Later, the book dives deeper into events with great detail about his return to India and his gradual rise after establishing his new company, Reliance. I was appalled by the shrewd business tactics he had used combined with human emotions to get even the most ethical politicians to his side and in turn make them do unethical acts for his benefit.
He knew the weak point of every politician and knew how he could exploit it and at the same time make them feel that he is actually doing them a favor. The author goes on to say that this Price of Polyester controlled the economy and Govt of the nation which was in turn controlled by Ambani. He had the power to make or break a Govt. One can conclude that Ambani was a great choreographer when it came to making politicians dance.
That was about politics. Talking about business world, he had done everything that would put even the underworld don and mafia to shame.. He had done everything, from rigging of stock markets, to under invoicing, smuggling, Havala, Harshad Mehta scam, Bofors, plotting murders and many other controversies.
For a common trader, smuggling gold nuggets, electronic items etc itself is an achievement. But the author claims that Ambani had smuggled an entire factory!! It might sound very funny but one must read to book to find out how he managed to do that.. Reliance shareholders meeting in a football stadium!!
He was unethical and cheated the system but at the same time, his respect for humans was immense. He kickstarted the stockmarket revolution in India and ensured his shareholders always got the benefit. One had to be corrupt to deal with a corrupt system. No doubt, he cheated the system which included politicians but the result was that a common man in India could get affordable polyester.
He made lot of money by unethical means but at the same time, he reinvested that money in more factories, created more jobs and shared the profits in the form of dividends with his shareholders. Compare that with our politicians who are using our taxes and depositing it in their Swiss accounts which is neither helping our economy, nor creating jobs.
No wonder the people especially stock traders of Gujarat had held him in high regard. Enter your email id. Email Address. Search for:. Facebook Twitter Reddit.
Young Dhirubhai Ambani.
The Polyester Prince : The Rise of Dhirubhai Ambani [Paperback]
And for that wealth, they have to thank the vision and risk-taking ability of their father, the late Dhirubhai Ambani. A fierce independence activist in school, he was inspired by Sardar Vallabhbhai Patel. He worked as a clerk at A. Having married Kokilaben, he then decided to try his hand at trading. Although Ambani was tempted to set up shop in London, he finally decided to establish a business in what was then Bombay. With the little money he had, Ambani decided to venture into spice trading, and soon, the orders began flowing in from Yemen. After Partition, the textile industry in India had come to a standstill, as the major cotton producing regions were in Pakistan while the cotton mills were in Bombay.
BOOKS : THE POLYESTER PRINCE:The Rise of Dhirubhai Ambani
What a book!! Jam packed with facts, revelations, corporate drama, political dance, underworld deals and clash of egos makes it a gripping read. For years, copies of this book were smuggled from other countries and sold in India for prices as high as Rs. However, for netizens there is good news. I have uploaded the ebook in pdf format which can be read online or downloaded to your local PC. Coming to the content of the book. Later, the book dives deeper into events with great detail about his return to India and his gradual rise after establishing his new company, Reliance.
Remembering Dhirubhai Ambani, the polyester prince who made himself king of India Inc.
IN ALL the voluminous literature about Asian boom and bust there is barely a single book-length, in-depth look at a major corporate figure and his empire. Hagiography abounds, mostly well supported by corporate cash. But thorough accounts of going concerns and their founders are all too scarce. So Hamish McDonald's riveting account of the rise, triumphs and near disasters of the Indian entrepreneur Dhirubhai Ambani and his company, Reliance, is an especially welcome addition to the modern Asian bookshelf. Admittedly, it deals with a country far from the Asian "miracle. But Reliance is a newcomer and it is huge, with more individual shareholders than any company in India. But this book is as much about power as about business.
The Polyester Prince: The Rise of Dhirubhai Ambani
Penguin could have well afforded to test his claim that the book fell afoul of Section A of the Indian Penal Code, making it a threat to civil order. In previous cases of book suppression, usually on grounds of anticipated defamation, it was hard not to have some sympathy for publishers hopelessly outgunned by the legal firepower wielded by ultra-rich plaintiffs. In the case of my book The Polyester Prince , about the Reliance patriarch Dhirubhai Ambani, my main surprise was that HarperCollins India, under Renuka Chatterjee, had the chutzpah to even attempt to publish. Threats to seek injunctions in every high court across India, and some heavy phone calls, got the edition pulped. The injunction, obtained without contest from a junior beak in the Tis Hazari court house, was a superfluous coup de grace.