Anil Ambani is second son of Dhirubhai who inherited his vast legacy amid family goodwill and affection. Both the sons was his own forward projections and they have inherited his spirit, drive and industrial passion. Given below is data related to the second force of Dhirubhai Ambani:
Name : Anil D. Ambani
Born: June 4, 1959 in India (Mumbai)
Education : Graduated in science from Mumbai University. Earned MBA degree from Wharton School of Management (USA) after graduation.
In family Business : Anil Ambani formally joined his family enterprise Reliance Industries Group in 1983. He started as ‘Joint Chief Executive.’
Achievement : Experiment with new ideas in ecomomic field to aid the campaigns for the realisation of his father’s dreams in share market. He was remarkably successful.
Marital Status : Married famous Bollywood actress Tina Munim. He sired two sons namely Jai Anmol and Jai Anshul. The wife Tina Munim Ambani is involved in social works and activities besides giving ample time to home making and bringing up her two sons. They lead a happy harmonious life and are supportive to each other professionally, domestically and socially. Anil and Tina look a Made-for-each other couple.
Nature : Anil is just opposite of his brother in nature. He is extrovert, social and communicative at all levels. Adapt in Public speaking he is, especially on matters related to the industry. For the same reason he had become the face of Reliance and is a high profile person.
Friends : Subroto Roy of Sahara India, Superstar Amitabh Bachchan, Socialist leader Amar Singh etc.
Political Status : Ex-M.P. (Rajya Sabha)
Professional Status : Reliance Capital Reliance Communications Ltd. Reliance Energy Ltd., Reliance Power etc.
Special Concerns : Co-ordination of activities of Reliance Energy, establishment of world’s largest gas based power Production facility in UP.
Associates : Hetal and Nikhil Meswani, Satish Seth and others outside the Reliance Group circle.
The share in Reliance Group : Four companies of the group namely Reliance Communication, Reliance Energy, Reliance Capital and Reliance Natural Resources in which the total share holding is to the tune of Rs. 1,42,000 crores up to the middle abouts of 2007. The share of Anil Ambani in all four totalled upto Rs. 90,000 crores.
Entry into gold coin Business
Reliance Anil Dhirubhai Group (ADAG), has capital services company ‘Reliance Money’. To expand its portfolio it has tied up with Switzerland’s precious metal refining company, ‘Welcombi.’ Reliance Money’ is private sector’s first non-banking company to step into this field. The director of Reliance Money, Sudip Bandopadhyaya launched nationally this new business initiative from Jaipur. The aim of this new service is to avail the customers all kinds of capital investment services. The investment in gold is safe and serves as hedging against inflation. India is world’s biggest gold consumer and there is no organised player in the market of gold coins. Considering all this Reliance of Anil has stepped into this field. The Swiss company Welcombi S.A. will make the coins and supply to Reliance Money. In India ‘Reliance World’ and ‘Reliance Money’ will sell the coins across the counter at their stores. The company was shaped in the year 2007.
Take Over of Yipes
Reliance Communications is the second largest mobile company of India. In 2007 it struck a take over deal to buy ethernet company ‘Yipes Holdings’ of U.S.A. in Rs. 1200 crores. It will add impetus to fibre network business of the Reliance. Yipes has got 22,000 kms of optic fibre network spread over 14 big cities of U.S.A. Reliance plans to expand it into 30 cities. Besides the countries of Asia, Europe and Mideast shall be linked with this network. Anil’s Reliance Communication has already 3.5 crore customers in India.
If the take over deal comes through Reliance Com. will become world’s leading communication set ups as ‘Yipes’ will bring in 5% ethernet business of the world.
Amongst the 3.5 crore customers of Reliance Communications the cousumers of Reliance Fixed Line are also included. The sister concern of Reliance the Flag Telecom is negotiating the ‘Yipes’ take over deal. Flag Telecom is a world class prominent international player in the field of Data Services Content Provider and serves in Internet Communities.
Wharton School of Management, (U.S.A.) has named one of its auditoriums after Dhirubhai Ambani. Anil earned his MBA degree from this institute. The school received a large donation from Anil Ambani on behalf of his group. The naming of Dhirubhai Ambani Auditorium was announced on May 16, 2007.
