Reliance Resurrected In Ambani Style

IIPM MANAGEMENT INSTITUTE

Of course there were sniggers a plenty when Business & Economy wrote just after the brothers split that the race between the two to prove who is the true inheritor of the Dhirubhai legacy would mean that both the brothers could end up doing spectacularly well. There were also some titters when we pointed out that Anil Ambani was the more vulnerable of the two; while also predicting that the younger brother would wipe out this handicap in no time. We also talked about the split unlocking value for the two separate empires. Today, the two brothers might still be estranged. But the roadmaps they have drawn up for corporate futures is quite clear. The elder brother Mukesh is now determined to recreate India's Wal-Mart in his own vision. The younger brother Anil has a far more sprawling vision and is betting heavily on the growth potential of the services sector to fuel his future. But make no mistake. Both the brothers have decisively proved that they were actually better off pursuing their separate dreams than be hemmed in by a single legacy.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Article, Visit Below....
! Management School ! IIPM Delhi ! IIPM.com ! IIPM Top MBA Institute ! IIPM Faculty !