Jump to content

Anil Ambani: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
m Reverted edits by 2405:204:1381:E3C1:78B1:EF3A:B9F2:2748 (talk) to last version by 113.193.44.63
No edit summary
Tags: Visual edit Mobile edit Mobile web edit
Line 20: Line 20:
}}
}}


Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman. He is the chairman of Reliance Group (also known as Reliance ADA Group), which came into existence in June 2005 following a demerger from Reliance Industries Limited. He leads a number of stock listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.
[http://㥗釛.xsl.pt Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman. He is the chairman of Reliance Group (also known as Reliance ADA Group), which came into existence in June 2005 following a demerger from Reliance Industries Limited. He leads a number of stock listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.]


His major business interests in entertainment include 44 FM radio stations, nationwide DTH business, animation studios, and several multiplex cinemas throughout India.
[http://㥗釛.xsl.pt His major business interests in entertainment include 44 FM radio stations, nationwide DTH business, animation studios, and several multiplex cinemas throughout India.]


After his father's death in 2002, Anil Ambani took over the reins of Reliance Group with interests in telecom, entertainment, financial services, power and infrastructure.
[http://㥗釛.xsl.pt After his father's death in 2002, Anil Ambani took over the reins of Reliance Group with interests in telecom, entertainment, financial services, power and infrastructure.]


Ambani is also credited with India's largest IPO, that of Reliance Power, which in 2008 was subscribed in less than 60 seconds, the fastest in the history of Indian capital markets to date.<ref>{{cite web|url=http://www.exhibitmag.com/content/anil-ambani |title=Anil Ambani |publisher=EXHIBIT MAGAZINE |date=22 May 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20150206115041/http://www.exhibitmag.com/content/anil-ambani |archivedate=6 February 2015 }}</ref>
Ambani is also credited with India's largest IPO, that of Reliance Power, which in 2008 was subscribed in less than 60 seconds, the fastest in the history of Indian capital markets to date.<ref>{{cite web|url=http://www.exhibitmag.com/content/anil-ambani |title=Anil Ambani |publisher=EXHIBIT MAGAZINE |date=22 May 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20150206115041/http://www.exhibitmag.com/content/anil-ambani |archivedate=6 February 2015 }}</ref>

Revision as of 07:24, 19 March 2019

Anil Ambani
Ambani in 2012
Born (1959-06-04) 4 June 1959 (age 65)[1]
Bombay, Maharashtra State, India
NationalityIndian
Alma materUniversity of Mumbai
The Wharton School of the University of Pennsylvania
OccupationBusinessman
TitleChairman, Reliance Group
SpouseTina Ambani
Children2
Parent(s)Dhirubhai Ambani
Kokilaben Ambani
RelativesMukesh Ambani (brother)

Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman. He is the chairman of Reliance Group (also known as Reliance ADA Group), which came into existence in June 2005 following a demerger from Reliance Industries Limited. He leads a number of stock listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.

His major business interests in entertainment include 44 FM radio stations, nationwide DTH business, animation studios, and several multiplex cinemas throughout India.

After his father's death in 2002, Anil Ambani took over the reins of Reliance Group with interests in telecom, entertainment, financial services, power and infrastructure.

Ambani is also credited with India's largest IPO, that of Reliance Power, which in 2008 was subscribed in less than 60 seconds, the fastest in the history of Indian capital markets to date.[3]

In 2005 Ambani made his debut in the entertainment industry with an acquisition of a majority stake in Adlabs Films, a company with interests in film processing, production, exhibition and digital cinema. The company was renamed Reliance MediaWorks in 2009.[4][5][6]

In 2008 a joint venture worth US$1.2 billion with Steven Spielberg's production company DreamWorks cast Ambani's entertainment business on to a global platform.[7]. Through this link he has contributed to the production of a number of Spielberg films, including the Academy Award-winning Lincoln. [8][9]

Early life and education

Anil earned his Bachelor of Science degree from Kishinchand Chellaram College, University of Mumbai. Ambani earned a Master in Business Administration at the Wharton School of the University of Pennsylvania in 1983.[10]

Personal life

Anil Ambani is a Gujarati.[11] He is married to Indian actress Tina Munim.[12] They have two sons Jai Anmol and Jai Anshul.[13]

Awards and recognition

  • Conferred the 'Businessman of the Year 1997' award. by India's leading business magazine Business India, December 1998.[14]
  • Voted 'the Businessman of the Year' in a poll conducted by The Times of India – TNS, December 2006.[15]
  • Voted the 'Best role model' among business leaders in the biannual Mood of the Nation poll conducted by India Today magazine, August 2006.[16]
  • Conferred 'the CEO of the Year 2004' in the Platts Global Energy Awards.[17]
  • Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association, October 2002.[18]
  • Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001.[19]
  • Selected by Asiaweek magazine for its list of 'Leaders of the Millennium in Business and Finance' and was introduced as the only 'new hero' in Business and Finance from India, June 1999.[20]

Controversies

In 2018, India's principal opposition party, Indian National Congress , wrongfully accused Prime Minister Narendra Modi of favouring Anil Ambani's defence manufacturing company over HAL, a public sector enterprise, in a fighter aircraft deal worth INR 58,000 crores with French manufacturing firm Dassault. Ambani, several of whose companies are debt-ridden, has denied all charges of benefiting from crony capitalism. In a possibly related controversy, one of Ambani's firms partly financed a French film in which former French president Francois Hollande's then partner had acted around the same time the aircraft deal was being negotiated.[21]

References

  1. ^ "Date of birth". daily.bhaskar.com. Retrieved 6 September 2016.
  2. ^ https://m.economictimes.com/news/company/corporate-trends/anil-ambani-has-just-a-day-left-to-pay-up-80-million-and-avoid-jail/articleshow/68463588.cms. {{cite web}}: Missing or empty |title= (help)
  3. ^ "Anil Ambani". EXHIBIT MAGAZINE. 22 May 2014. Archived from the original on 6 February 2015. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ "Reliance Cap buys 51% in Adlabs for Rs 360 crore". The Economic Times. Bennett, Coleman & Co. Ltd. 1 July 2005. Retrieved 11 February 2015.
  5. ^ "The Reliance-Spielberg Deal: Anil Ambani's Next Blockbuster?". Knowledge@Wharton. The Wharton School, University of Pennsylvania. 2 October 2008. Retrieved 11 February 2015.
  6. ^ "Adlabs Films to be renamed Reliance MediaWorks". Live Mint. HT Media. 4 September 2009. Retrieved 11 February 2015.
  7. ^ "DreamWorks to Receive Funds From Reliance". The Wall Street Journal. News Corporation. 10 April 2012. Retrieved 11 February 2015.
  8. ^ "Reliance Entertainment [in]". IMBD. Retrieved 11 February 2015.
  9. ^ "Lincoln (2012) - Company credits". IMDB. Retrieved 11 February 2015.
  10. ^ "Wharton Alumni Magazine: 125 Influential People and Ideas: Anil D. Ambani". www.wharton.upenn.edu. Retrieved 7 February 2019.
  11. ^ "Top 10 Gujarati billionaires". India TV News. 1 August 2015.
  12. ^ Paranjoy Guha Thakurta; Subir Ghosh; Jyotirmoy Chaudhuri (30 March 2014). GAS WARS: Crony Capitalism and the Ambanis. Paranjoy Guha Thakurta. ISBN 978-81-928551-3-4.
  13. ^ "Tina Ambani got a third baby". dnaindia.com.
  14. ^ "Businessman of the Year 1997". business-standard.com.
  15. ^ "Reliance Communications Ltd (RLCM.NS)". in.reuters.com.
  16. ^ "Anil Ambani". nilacharal.com.
  17. ^ "Anil Ambani is Platts CEO of the Year". rediff.com. Retrieved 11 December 2004.
  18. ^ Business Ethics and Corporate Governance. books.google.co.in.
  19. ^ "Wharton India Economic Forum". the-south-asian.com.
  20. ^ "Anil Ambani makes it to Asiaweek's hall of fame". rediff.com.
  21. ^ "Rafale row: Reliance Entertainment confirms it paid 1.4 million Euros for film by Hollande's partner through partner". indianexpress.com.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Anil_Ambani&oldid=888451726"