piramal/intro/1 BUSINESS LEGENDS INTRODUCTION Business history has always fascinated me, so much so that I invested eight years for a doctorate in it. BUSINESS MAHARAJAS by Gita Piramal A freelance journalist with a Ph.D. in business history, GitaPiramal is the author of the best-selling Business Legends. Business Legends book. Read 6 reviews from the world's largest community for readers. G.D. Birla, J.R.D. Tata, Walchand Hirachand and Kasturbhai Lalbhai-.

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Business Legends [Gita Piramal] on *FREE* shipping on Don't have a site? Get your site here, or download a FREE site Reading App. Business Legends- Seth Walchand Hirachand, and Ardeshir Godrej by jojip_1 in Types > School Download as PPTX, PDF, TXT or read online from Scribd. Gita Piramal, also known as Dr. Gita Piramal (born ) is an Indian writer and business Dr Gita Piramal schooled in the UK. Higher education was through India's Bombay Delhi. • 'Business Legend'. Penguin Books India. Delhi.

Dhirubhai took his first step towards becoming a textile tycoon by setting up four looms at Naroda in Gujarat in the s.

He registered Reliance Textile Industries with a paid-up capital of Rs 1,50, as a power loom unit. Each year he added to the mill, and every time a new machine was installed, Dhirubhai, a god-fearing man, would call a priest and hold a puja. The Naroda complex grew in leaps and bounds. The fixed assets rose from Rs 2,80, in to Rs By , on the eve of its entry into petrochemicals, Reliance would become India's largest composite textile mill, sprawling over 2,80, sq m, producing 3 million sq m of fabric every month and employing 10, workers.

Dhirubhai understood the power of a brand. The brand was named after Vimal, Dhirubhai's eldest nephew, son of Ramniklal Ambani.

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Dhirubhai's street-smart methods were strikingly different from those of Jamsetji and GD but like them, he had a radical blueprint for the future. They were all agents of change, whose influence on lives is not restricted to corporate balance sheets. Put on a shirt, switch on a light, sleep on a soft pillow, chances are, Dhirubhai had something to do with the making of that product.

Sip a cup of tea, take a bus to work, read a book: chances are you are using a Tata product. download a suit, build a home, chances are, what you're using came from the House of Birla.

Dream a bit, and the thought will come, "If they can do it, why not me? The three were also economic nationalists in their own ways. A stray racist incident pushed Tata into building the magnificent Taj Hotel in Mumbai. Tisco's engineers helped build five of India's largest steel companies in the private sector. Birla's Hindalco was hacked out of jungles and forests. Dhirubhai, of course, was India's stockmarket messiah. He was the first Indian industrialist to appreciate the ordinary investor and his needs.

His support for the small shareholder stemmed from personal experience.

One, he knew what it was to be poor. And secondly, banks had often turned him away when he desperately needed money to build his factories.

Dhirubhai realised that in order to seduce the public into investing in his schemes, he had to offer them something more than what they were used to getting. And this was the steady appreciation of their shareholding. Until he came on the scene, managements rarely bothered about their company's share prices.

The business of a company was to earn profit and declare dividends, not to dabble on the stockmarket, keep track of share prices and support a scrip whenever it wobbled. In contrast, Dhirubhai believed that the most generous of dividends could not make a shareholder rich, but capital appreciation of his shares could.

This was an alien concept, an idea Dhirubhai picked up from the West. It took him almost half a decade to propagate this philosophy, but once it took root, it changed the entire mindset of corporate India and its way of doing business. Dhirubhai was also the force behind the world's largest grassroots refinery in Jamnagar.

The benefits it brings to India include savings in foreign exchange and self-sufficiency in petroleum products. All true legends are pioneers.

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Cutting-edge technology can mean the difference between a mediocre and world-class business. Tata and Birla recognised this, as did Dhirubhai.

Tata recruited Charles Perin, an English technocrat, to put the processes for his firm in place. Birla hired British engineers and fired them as soon as an Indian could learn to do the same job.

Business Maharajas (Penguin business)

But I feel Dhirubhai stands heads and shoulders above the others. His conviction that Reliance had to have the best and the latest machinery, equipment, technology and processes brought the concept of world class to India. As standards shifted, a new genre of managers was being moulded. Dhirubhai once said, "It is a leader's role to inspire. My job is to motivate my people.

We can download the technical expertise to do anything new It is necessary to modernise men as well as plant and machinery. After she married into prominent business family gita developed interest business history and earned a.

Com why download books rentbusiness maharajas gita piramal from indiareads. She has also contributed the seminal volume business and politics indiaa.

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Business maharajas has available editions download alibris business maharajas gita piramal pdf business maharajas gita piramal pdf business maharajas gita piramal pdf download direct download business maharajas by. Piramal gita business maharajas. The eight business maharajas profiled here are among asia most powerful industrial tycoons their combined turnover runs into billions rupees and between them.

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The business of a company was to earn profit and declare dividends, not to dabble on the stockmarket, keep track of share prices and support a scrip whenever it wobbled. On the bhagavadgita.

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By Marc Allen Eisner. Tables, maps, appendices, glossary, index. He had fought hard with his family and the colonial establishment to start a jute mill. Their combined turnover runs into billions of dollars and they employ millions.

Flawed ideological affiliations of short-sighted politicians wreaked havoc in the industry when such people found power in their hands. He had based his projections on Rs 6, per loom.

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