Wednesday, November 4, 2009

Bollywood shining with a little help from Hollywood



Birds and Frogs 

100 Open Courseware Collections for Aspiring Web Devs 

Concatenative language “There are two terms that get thrown around, stack language and concatenative language. Both define similar but not equal classes of languages. For the most part tho





ugh, they are identical.
Anil Dhirubhai Ambani, chairman of Reliance Anil Dhirubhai Ambani Group, wrote the biggest check of USD 325 million in equity, for new DreamWorks Studiosoperated by principal partners Spielberg and Stacey Snider after about 14 months of financial alliance. Various banks, including Bank of America, provided final leg of financing. The Studios will make up to 21 movies over next four years.
DreamWorks will keep creative control over productions. Walt Disney Company will handle distribution and marketing for its films around the world, except in India where Reliance retains distribution. Amitabh Jhunjhunwala, vice chairman of Reliance Capital, will join Spielberg and Snider on DreamWorks’ board of directors. Under the agreement, Reliance will reportedly match funds in future also.
Funding battle was tough for Spielberg because of evaporation of Wall Street financing in Hollywood, thus opening doors to foreign investment. To raise finance, Spielberg had to sell a half interest in the company to Reliance who was eager to get a toehold in Hollywood, according to reports.
Spielberg and Snider, in a statement, thanked “Anil personally for his foresight and fortitude over the past months”. Ambani said, “Our partnership with Stacey and Steven is the cornerstone of our Hollywood strategy as we grow our film interests across the globe.” For Reliance, the venture is also “a step in the direction of trying to do something on a global scale that appeals to global audiences” and an attempt to accelerate the development of India’s film industry.
DreamWorks’ “Dinner for Schmucks” (Jay Roach), a French comedy remake, will begin shooting in October. Spielberg will start making “Harvey”, remake of a 1950 classic about a man and his friendship with imaginary six-foot-tall rabbit, in January. Both will be released in 2010. Studio will shoot about six films annually.
DreamWorks’ other projects include family film “Real Steel” showing boxing between humans and robots; children’s “The 39 Clues”; an adaptation of the comic book “Cowboys and Aliens”; and action thriller “Motorcade” about terrorists attacking president’s motorcade. It also has over a dozen other movies in development that Spielberg bought from Paramount as part of his company’s separation settlement. He recently completed directing a 3-D film “Tintin” on the classic Belgian comic strip, which will be released in 2011. Spielberg has also reportedly obtained movie rights regarding the life of civil rights leader Martin Luther King, Jr.
The Reliance, among India’s top three business houses with a market capitalization of USD 81 billion and the largest shareholder base in the world, has built a formidable film production slate in English, Hindi and various regional languages of India, and also has development silos with other Hollywood production companies, including those run by actors George Clooney, Jim Carrey, Nicolas Cage, Julia Roberts, Jay Roach, Brad Pitt, Tom Hanks, Chris Columbus, and Brett Ratner.
Ambani is said to be a film buff who hosts screenings of the latest Hollywood blockbusters at his house. Spielberg first went to India over 30 years ago to film “Close Encounters of the Third Kind”. About four billion movie tickets are sold in India annually.
-Sampurn Media
Stacks are a pretty fundamental concept in computer science, and many languages use stacks internally in the implementation. Any language that allows recursive definitions uses some type of call stack to save return addresses between 

Papers and Presentations at Adobe Open Source Wiki 

MCMXC a.D “It would change the musical world as we know it.” 

The World's 10 Most Magnificent Monasteries “While all monasteries are beautiful and mysterious in their own way, there are some that stand out from the rest.” 

Four philosophical questions to make your brain hurt“Consider a photo of someone you think is you eight years ago.” 

25 Cinema 4D Tutorials for Spectacular Animations“Cinema 4D is a high-end 3D graphics application capable of procedural and polygonal modeling, animating, lighting, texturing, and rendering.” 

Shoes vs. AIR “To really give you a sense of how sad I am as a human being, here%u2019s what I woke up thinking about” 

Things Caches Do “I want to talk about gateway caches — or, “reverse proxy caches” — and consider their effects on modern, dynamic web application design.” 

Blogging Like a Hacker “I wanted to write great posts, not style a zillion template pages, moderate comments all day long, and constantly lag behind the latest software release.” 

Power, prescience, and the paradox of patterns “Language must follow patterns to achieve meaning.” 

Malcolm Gladwell's Method “I fill my life with people from diverse backgrounds.” 

Malcolm Gladwell asks is there such a thing as pure genius? “There was plenty of time to check it twice.” 

A Butler “Gene woke and nudged her once” 

Wall Street Lays Another Egg “Credit and money, in other words, have for decades been growing more rapidly than underlying economic activity.” 

The End of Wall Street's Boom “model for home prices had no ability to accept a negative number” 

Maldives seek to buy a new homeland 

Tumblewagon “TV is a time waster, all too often sucking you into other people's lives when you should be living your own.” 

100 Awesome Adobe AIR Apps for Productivity “Read on for 100 of the best apps that will increase your productivity with Adobe AIR.” 

Best Vim Tips 



Why Do We Forget Things? “our memories also vary considerably in their precision.” 


Submersed Songs | Canções Submersas from ∆LEX onVimeo.


70 Amazing Houses from Around the World 

On a tightrope “Being on a tightrope is living. Everything else is waiting. — Karl Wallenda” 

Armored Against Turmoil, Lebanon Lures Investors“Lebanon's very instability, its 15-year civil war and frequent political crises, appears to have bred the banking sector's fiscal prudence, analysts say.” 

Browse the Artifacts of Geek History in Jay Walker's Library “"What's so wonderful about our knowledge of the human body is how remarkably constrained it has been over time,"” 

Insecure Minds Wired for Pattern-Finding “A perfectly healthy human mind can trick itself into seeing things that are not there, and new research has exposed exactly the sort of conditions under which that happens.” 

Developing Erlang at Yahoo “The slides can be viewed online and there is a PDF available.” 

Advanced Programming Languages “it is oriented to researchers on programming languages .” 

Learning REST “How do I learn about REST?” 

Easy Role-Based Authorization in Rails “Once user authentication has been added to your Rails app, authorization isn%u2019t far behind. In fact, very basic authorization functionality exists the moment you implement user authentication.” 

Audioengine 2 powered loudspeaker “In nearly 25 years, it's been rare that I've reviewed an exciting breakthrough product.” 

The 50 most significant moments of Internet history “We decided to plough the history of the entire Internet, from the roots of its underlying technology, to the Web properties that helped it explode, the litigation it endured on the way and disasters companies have suffered as a result of the Net's popularity.” 

Superators Add New Operators to Ruby “I'm releasing this into the wild to hopefully see what mischief it stirs.” 


Metamorphosis from Glenn Marshall on Vimeo.


Memory: Making Your Influence Last “Therefore, memory is not simply recall, but reconstruction of the past.” 

How brain cells make good connections? It’s a specialty involving vast numbers. There are an estimated 100 billion neurons in the average 3-pound human brain. Connecting them are as many as 10 trillion synapses, the circuitlike chemical pathways that link neurons to one another. “The power of higher brain areas,” said Murthy, “is in numbers.” 

Metaphors “Metaphor is an attempt to understand one element of experience in terms of another.” 

Assumption Reversal “The future is often a reverse of the assumptions of the present.” 

List of cognitive biases “A cognitive bias is a pattern of deviation in judgement that occurs in particular situations (see also cognitive distortion and the lists of thinking-related topics).” 

Is Your Brain in a Box? “You know how it goes: The left brain is logical and analytical; the right brain is spatially-oriented and creative. Careers and fortunes have been made off of this one, and people tend to get passionate about it. But the real story is much more complex. While there are clearly differences in how the hemispheres of the brain process sensations, neither side is %u201Cspecialized%u201D to the degree that more popularized left brain/right brain theories suggest. A normal brain acts in an integrated fashion whether it is focused on painting a masterpiece or analyzing a profit and loss statement.” 

Thinking Cap using Transcranial Magnetic Stimulation“Professor Allan Snyder and Dr. Elaine Mulcahy say they have completed experiments that proved they could increase the creative function of the brain using magnetism.
The device works by using Transcranial Magnetic Stimulation (TMS) to temporarily shut down the left hemisphere of the


Birds and Frogs 

100 Open Courseware Collections for Aspiring Web Devs 

Concatenative language “There are two terms that get thrown around, stack language and concatenative language. Both define similar but not equal classes of languages. For the most part though, they are identical.

Stacks are a pretty fundamental concept in computer science, and many languages use stacks internally in the implementation. Any language that allows recursive definitions uses some type of call stack to save return addresses between function calls, and often the same stack is used to spill values which cannot be allocated in registers. However, this is just implementation detail, and this call stack is not exposed directly to the programmer (except in languages with first-class continuations; I'll touch upon this later).

So what makes stack languages different? The key concept here is that there are multiple stacks: all stack languages have a call stack to support recursion, but they also have a data stack (sometimes called an operand stack) to pass values between functions. The latter is what stack language programmers mean when they talk about "the" stack.

Most languages in widespread use today are applicative languages: the central construct in the language is some form of function call, where a function is applied to a set of parameters, where each parameter is itself the result of a function call, the name of a variable, or a constant. In stack languages, a function call is made by simply writing the name of the function; the parameters are implicit, and they have to already be on the stack when the call is made. The result of the function call (if any) is then left on the stack after the function returns, for the next function to consume, and so on. Because functions are invoked simply by mentioning their name without any additional syntax, Forth and Factor refer to functions as "words", because in the syntax they really are just words.”
 

A Travel Guide for India. An interesting new startup by a friend of friend.

How the Mind Works | Video channel on TED.com “At a conference about ideas, it’s important to step back and consider the engine that creates them: the human mind. How exactly does the brain — a three-pound snarl of electrochemically frantic nervous tissue — create inspired inventions, the feeling of hunger, the experience of beauty, or the sense of self — and how reliable is it?” 

Papers and Presentations at Adobe Open Source Wiki 

MCMXC a.D “It would change the musical world as we know it.” 

The World's 10 Most Magnificent Monasteries “While all monasteries are beautiful and mysterious in their own way, there are some that stand out from the rest.” 

Four philosophical questions to make your brain hurt“Consider a photo of someone you think is you eight years ago.” 

25 Cinema 4D Tutorials for Spectacular Animations“Cinema 4D is a high-end 3D graphics application capable of procedural and polygonal modeling, animating, lighting, texturing, and rendering.” 

Shoes vs. AIR “To really give you a sense of how sad I am as a human being, here%u2019s what I woke up thinking about” 

Things Caches Do “I want to talk about gateway caches — or, “reverse proxy caches” — and consider their effects on modern, dynamic web application design.” 

Blogging Like a Hacker “I wanted to write great posts, not style a zillion template pages, moderate comments all day long, and constantly lag behind the latest software release.” 

Power, prescience, and the paradox of patterns “Language must follow patterns to achieve meaning.” 

Malcolm Gladwell's Method “I fill my life with people from diverse backgrounds.” 

Malcolm Gladwell asks is there such a thing as pure genius? “There was plenty of time to check it twice.” 

A Butler “Gene woke and nudged her once” 

Wall Street Lays Another Egg “Credit and money, in other words, have for decades been growing more rapidly than underlying economic activity.” 

The End of Wall Street's Boom “model for home prices had no ability to accept a negative number” 

Maldives seek to buy a new homeland 

Tumblewagon “TV is a time waster, all too often sucking you into other people's lives when you should be living your own.” 

100 Awesome Adobe AIR Apps for Productivity “Read on for 100 of the best apps that will increase your productivity with Adobe AIR.” 

Best Vim Tips 



Why Do We Forget Things? “our memories also vary considerably in their precision.” 


Submersed Songs | Canções Submersas from ∆LEX onVimeo.


70 Amazing Houses from Around the World 

On a tightrope “Being on a tightrope is living. Everything else is waiting. — Karl Wallenda” 

Armored Against Turmoil, Lebanon Lures Investors“Lebanon's very instability, its 15-year civil war and frequent political crises, appears to have bred the banking sector's fiscal prudence, analysts say.” 

Browse the Artifacts of Geek History in Jay Walker's Library “"What's so wonderful about our knowledge of the human body is how remarkably constrained it has been over time,"” 

Insecure Minds Wired for Pattern-Finding “A perfectly healthy human mind can trick itself into seeing things that are not there, and new research has exposed exactly the sort of conditions under which that happens.” 

Developing Erlang at Yahoo “The slides can be viewed online and there is a PDF available.” 

Advanced Programming Languages “it is oriented to researchers on programming languages .” 

Learning REST “How do I learn about REST?” 

Easy Role-Based Authorization in Rails “Once user authentication has been added to your Rails app, authorization isn%u2019t far behind. In fact, very basic authorization functionality exists the moment you implement user authentication.” 

Audioengine 2 powered loudspeaker “In nearly 25 years, it's been rare that I've reviewed an exciting breakthrough product.” 

The 50 most significant moments of Internet history “We decided to plough the history of the entire Internet, from the roots of its underlying technology, to the Web properties that helped it explode, the litigation it endured on the way and disasters companies have suffered as a result of the Net's popularity.” 

Superators Add New Operators to Ruby “I'm releasing this into the wild to hopefully see what mischief it stirs.” 


Metamorphosis from Glenn Marshall on Vimeo.


Memory: Making Your Influence Last “Therefore, memory is not simply recall, but reconstruction of the past.” 

How brain cells make good connections? It’s a specialty involving vast numbers. There are an estimated 100 billion neurons in the average 3-pound human brain. Connecting them are as many as 10 trillion synapses, the circuitlike chemical pathways that link neurons to one another. “The power of higher brain areas,” said Murthy, “is in numbers.” 

Metaphors “Metaphor is an attempt to understand one element of experience in terms of another.” 

Assumption Reversal “The future is often a reverse of the assumptions of the present.” 

List of cognitive biases “A cognitive bias is a pattern of deviation in judgement that occurs in particular situations (see also cognitive distortion and the lists of thinking-related topics).” 

Is Your Brain in a Box? “You know how it goes: The left brain is logical and analytical; the right brain is spatially-oriented and creative. Careers and fortunes have been made off of this one, and people tend to get passionate about it. But the real story is much more complex. While there are clearly differences in how the hemispheres of the brain process sensations, neither side is %u201Cspecialized%u201D to the degree that more popularized left brain/right brain theories suggest. A normal brain acts in an integrated fashion whether it is focused on painting a masterpiece or analyzing a profit and loss statement.” 

Thinking Cap using Transcranial Magnetic Stimulation“Professor Allan Snyder and Dr. Elaine Mulcahy say they have completed experiments that proved they could increase the creative function of the brain using magnetism.
The device works by using Transcranial Magnetic Stimulation (TMS) to temporarily shut down the left hemisphere of the brain, where speech and short-term memory are supported.”
 

Kalavaara Halli Betta hike 

Woork: 10 Beautiful icons set for web developers and designers 

Zoomer “Video From a Picture” 

Winner of the Personal Visualization Project “From email spam, to beverage consumption, to aches and pains, Tim embraced the spirit of self-surveillance.”  brain, where speech and short-term memory are supported.” 

Kalavaara Halli Betta hike 

Woork: 10 Beautiful icons set for web developers and designers 

Zoomer “Video From a Picture” 

Winner of the Personal Visualization Project “From email spam, to beverage 
consumption, to aches and pains, Tim embraced the spirit of self-surveillance.” 

Monday, November 2, 2009

Anil Dhirubhai Ambani

Anil Ambani












Anil Dhirubhai Ambani
Born
June 4, 1959 (age 50)
BombayIndia
Residence
MumbaiIndia
Ethnicity
Gujarati Baniya
Education
University of Mumbai (Bachelor of Arts/Science)
University of Pennsylvania-Wharton School(MBA) [1]
Occupation
ChairmanAnil Dhirubhai Ambani Group
Net worth
 US$10 Billion (2009) [2]
Religious beliefs
Hindu
Spouse(s)
Tina Munim
Children
Jai Anmol and Jai Anshul



5 Indians in Forbes billionaires list


Five prominent Indians -- Azim Premji, Dhirubhai Ambani, Kumarmanagalam Birla, Lakshmi Mittal and Shiv Nadar figure in the coveted list of the world's top 500 billionaires, according to Forbes magazine.

Premji, chairman of the Wipro group, is worth $6.4 billion and tops the Indian list. He occupies 41st position in the Forbes list.
He is followed by Ambani of the Reliance group with a net worth of $2.9 billion, occupying 138th position.
Birla, heading the Aditya Biral Group with a worth of $2.1 billion is at 200th position, followed by Mittal at 327th position with $1.4 billion.
IT giant HCL's Shiv Nadar occupies 378th position and is worth $1.2 billion. He owns 78 per cent stake in HCL Technologies.


Sunday, November 1, 2009

Reliance didn't grow on permit raj: Anil Ambani

Anil Ambani, Reliance Industries Vice-Chairman









Reliance Industries has denied charges that the group had thrived on the pre-reform 'licence raj' of the 1970s and 1980s to become the country's largest private entity, and attributed the growth to the vision of group's patriarch Dhirubhai Ambani.
"The licence raj prevailed for everybody, not only for us. You can get an industry licence to set up a plant, but that doesn't raise your financing, it doesn't raise your technology, it doesn't produce your quality, it doesn't market your products, it doesn't help you raise money from the capital markets. You don't suddenly get 3-4 million shareholders into the company," said Reliance group Vice-Chairman Anil Ambani, in an interview conducted by Vir Sanghvi for Star Talk.
"India went for reforms in 1991. The growth for Reliance has been the highest in the last ten years than it was in permit raj. I don't see any harm in building relationships with people whether it's my customer or my vendor, whether it is my shareholder, or somebody in a position of power who we need to convince about our case.
Nobody can say that we have run away with anybody's money. Though I can tell give you a list of Indians who've taken their companies bankrupt," said Ambani.
Ambani spoke about various aspects of his life, his education and his business. Excerpts:

On what life has taught him:"I think I'd like to put it differently, and look at what have been the key messages thrown at us over the last two or three decades that I've been in corporate life. And those have certainly been my father's core values that were ingrained in us: being down to earth, being humble, and being very simple. That's how he is even today and I think that's a big message for us.
On childhood memories:Many years ago, our family lived in the backstreets of Mumbai, in a chawl at Kabootarkhana, which was a co-operative housing society, where over six hundred families lived together. Everyone has a one-bedroom accommodation. People find it shocking that neither I nor Mukesh drink or smoke, are vegetarian, are god fearing, and don't gamble.
These are not values that are passed on by any sort of action, but more a part of one's upbringing. Praying to god, respecting other individuals… I think it's been really put together by my mother. My father was very, very busy.
On his parents:My mother is a very simple down-to-earth person. My grandfather, that's my mother's father, was a postman. He rose to become the in-charge of a post-office in Jamnagar in Gujarat. So she comes from that background.
Her marriage to my father was, obviously, an arranged one. My paternal grandfather was a schoolteacher. Soon after my parents got married, they went of to Aden in Yemen. That's where he started working as a gas station attendant (a petrol pump attendant in Indian parlance), and typically he went there to raise capital, conserve capital and come back.
My mother really supported my father through those tough times. I don't think I recall -- during my entire school or college career -- my father spending time with me, sitting with my homework or my tuitions or anything of this sort.
My mother really supported my father through those tough times. I don't think I recall -- during my entire school or college career -- my father spending time with me, sitting with my homework or my tuitions or anything of this sort.
My father looked at it very simply, saying "I think we are going to give you the best upbringing to help create the best values for you. I believe you have the brains so you should study hard. You don't have the financial problems that I had when I wanted to study. Well you don't have any monetary problems, so go and try to look for the best school, college, university that you can go to."
Time and again I've asked him what he misses most, and he always said that it has been a good education. He wanted to study, but he didn't have the resources. Fortunately, in our case, we had no such problem.
I was 10-years-old when we moved out of the chawl. I have clear memories of living there. It had one bedroom; we were seven members in the family, including my grandmother. There was a common bathroom and toilet for a hundred families together in the chawl.
It was on the fourth floor, that's about a flight of 50-60 steps. We stayed at Kabootarkhana, Bhuleshwar; I think it was called Jaihind Estate.
On values:We moved to Usha Kiran later. But nothing came very easy. We had no lack of monetary resources, but we were given sort of goal-oriented finances. This was very important; my father would ask us to do something to earn.
For example, if we played a match or went hiking or trekking or walking or whatever else…. At the end of the trek he would give us a choice of two things: we could have one drink and one snack, or two snacks and no drink. The budget was five bucks, and it didn't change for a long time.
I recall it was the summer of early 1970s and he said to us, "Look this is the mango season, I know you guys are very fond of mangoes, but the only ways you can get a full box of mangoes is if you travel by the lower deck on the Bombay to Goa steamer. And, you know, our incentive was the mangoes, not the trip to Goa!
He could afford to send us by air, yes. But he wanted us to go through that "lower deck experience", where there was no reservation and everybody was puking. He just wanted us to go through that event because he believed that there is no way we could ever buy that sort of experience.

Dhirubhai Ambani and the stories that need telling

Why aren't there more accurate biographies about Indian leaders? Or rather, why are Indian biographies usually worshipful eulogies of their subjects? The answer probably lies in the fate of Hamish McDonald's book on Dhirubhai Ambani titled The ployester prince.

Usually biographies in India are commissioned works -- sanitised and censored. As McDonald says -- 'No one (the subject of the biographies) drank, cursed, cheated or philandered. Their workers were part of the family. Almost everyone lived an abstemious vegetarian life, accumulating wealth only to give it away to temples, hospitals and schools.'

That is indeed true. Forget about biographies, Indian journalists are normally very reticent about being critical unless their subject is caught in a scam or a scandal. Independent biographies do not pay because publishers claim that the market is too small to cover research, marketing and publicity costs.
Newspaper groups too are uninterested in helping their journalists in doing detailed reportage into books. Hamish McDonald's experience with his book on Dhirubhai Ambani -- one of India's most controversial industrialists -- is a good example of what would happen to authors who dare to be frank and independent.
Published in 1998, the book is still not available in Indian bookshops because the Ambanis have threatened legal action for anything they perceive as defamatory in the book. This ban of sorts has, in fact, increased the curiosity value of the book. A small but steady stream of books continues to be brought into India from friends or relatives living abroad. Those who know of its existence want to buy/borrow or photocopy it. In fact, the book probably made it to print only because the publishers -- Allen & Unwin -- are Australian and decided to take a chance selling the book outside India.
Why should Reliance work overtime to block the book? After all, the author, a senior journalist, was the Delhi bureau chief for the Far Eastern Economic Review for several years, and had written a responsible and painstakingly researched account that respects Ambani's undoubted genius but is candid about his ethics and methods. Also, I know about Hamish's persistent efforts to get the Ambanis to co-operate with its writing. He sent birthday greetings to the Ambanis and even tried to soften Kokilaben Ambani (Dhirubhai's wife) by presenting her with a copy of a rare art book, which he thought would interest her. There was neither a reply nor acknowledgement.
The Polyester Prince is an accurate portrait of one of the most colourful, controversial and brilliant of Indian businessmen, who converted into an art; the bending and twisting of the stifling license-permit system to his advantage. It traces his humble beginnings at Chorwad in Gujarat to being in the Forbes list of the world's richest men.
As McDonald says in the book, 'Everything about the Ambanis, in fact, was a good magazine story.' If Anil Ambani's stormy courtship of Tina Munim, whom Hamish describes as 'a girl with a past' has all the ingredients of a Bollywood potboiler, then the saga of Dhirubhai's rise to being among the most powerful men in India is significantly more dramatic and awesome. There is the fight-to-the-finish battle with Ramnath Goenka -- the fiery and fearless proprietor of the Indian Express; then the war with industrialist Nusli Wadia of Bombay Dyeing; the much publicised allegations against some Ambani staffers over a plot to murder Wadia; Reliance's travails during the V P Singh government, which almost brought the business house to its knees, and sundry other controversies over licensed capacities, export manipulation and share switching. It also narrates how Reliance created the equity cult which got the general public investing in equity and investors' reciprocal adulation for the man for over a decade.
India needs more books like The Polyester Prince to create a real record of business leaders and the corporate sector -- warts and all. Personally, I believe that a market for such work already exists, but it would require publishers to do some hard selling.
While working on my own book, a biography of A D Shroff -- a financial genius who straddled several banking, finance and insurance institutions, until his death in 1965, I realised how much was lost in presenting a sanitised picture. My book too was a commissioned job -- by the Forum of Free Enterprise, but probably because of AD's fiercely forthright personality, it allowed me a little more freedom to discuss his shortcomings. But a lot was kept out, and again the book was restricted to his brilliant career and not his equally colourful personal life.
The same goes for J R D Tata. I read all of R M Lala's works on JRD and they are indeed detailed and fascinating works. But while researching the A D Shroff book I had an opportunity to sift through records of his interaction with JRD and Sir Homi Mody and others. Their correspondence brings alive the impish humor, caustic sarcasm, occasional pettiness, temper tantrums and other little shenanigans.
To me, for the first time in 16 years, JRD changed from a revered business leader into an extremely human and lovable personality. In fact a person with such a towering personality that he was able to attract brilliant people around him and allow them to grow without any sense of threat or insecurity.
I would personally like to see genuine biographies of several Indian businesspersons who are clearly fascinating subjects. Nusli Wadia of Bombay Dyeing, Homi Mody, Darbari Seth and Ajit Kerkar are others from the Tata empire whose lives need to be documented. Similarly there are stories to be told about organisations and institutions. Unfortunately, without a little awakening on the part of publishers all these will probably remain untold.



Pay your tribute to Dhirubhai Ambani



Dhirubhai Ambani,=Chairman of Reliance Industries Limited, died at 2350 hours on July 6 after a 13-day battle for survival at the Breach Candy Hospital in south Mumbai.

He was admitted to the hospital on June 24 after suffering a stroke and was on life support system till the end.
He was admitted to the hospital on June 24 after suffering a stroke and was on life support system till the end.
Ambani's body will be taken to his residence, Sea Winds at Colaba in South Mumbai, where homage and darshan will be held from 9 am to 3 pm on Sunday.
The last rites will be performed on Sunday at the Chandanwadi crematorium at 4.30 pm.
His death comes as a shock to the entire nation, and dozens of dignitaries, celebrities, industrialists and politicians rushed to the hospital to pay homage to the man. He rose from humble beginnings to found India's largest industrial empire and one of its few Fortune 500 companies. His story was full of stuff that dreams are made.

Dhirubhai Ambani rewrote India's corporate history

Reliance Chairman Dhirubhai Ambani. Photo: Reuters








Dhirajlal Hirachand Ambani is not just the usual rags-to-riches story. He will be remembered as the one who rewrote Indian corporate history and built a truly global corporate group.

Popularly known as Dhirubhai, the 69-year-old Ambani Sr., changed the rules of the game in the industry in an era when the private sector was hampered by the licence regime. In the process, he attracted criticism that he did not always play fair.
There is also the story of how the Ambanis blocked publication of a biography titled The Polyester Prince written by a foreign writer by threatening legal action for anything they perceived as defamatory in the book.

Ambani's huge success, however, dwarfed the controversies that surrounded him.
A matriculate, he started his career as a worker at a Shell service station in Aden (Yemen) but returned to the country to build an empire that now boasts of a net worth of over Rs 300 billion with a net profit of over Rs 2,800 crore.
Now employing a workforce of 85,000, the group's Rs 25,000 crore integrated Jamnagar refinery complex in Gujarat houses the world's largest greenfield project with a capacity to refine 27 million tonnes of crude every year.
Now employing a workforce of 85,000, the group's Rs 25,000 crore integrated Jamnagar refinery complex in Gujarat houses the world's largest greenfield project with a capacity to refine 27 million tonnes of crude every year.
Armed with a matriculation certificate, he went to Aden only to return with a big idea of building a petroleum company.
He returned to India in 1958 with Rs 50,000 and set up a textile trading company.
Starting from a scratch in 1966, Ambani and his two US-educated sons - Mukesh and Anil -- have built brick by brick an empire that has outstripped older venerable groups like the Tatas and the Birlas.
Ambani is also credited with shaping India's equity culture, attracting millions of retail investors in a market till then dominated by financial institutions.
More than the fact that he built India's largest private sector company from a scratch, Ambani will be remembered for revolutionising capital markets. From nothing, he generated billions of rupees in wealth for those who put their trust in his companies.
Over a period of two decades, Ambani's millions of investors lifted him from being owners of a fledgeling Rs 2-3 million firm in the 1970s to a situation, according to last count, the total revenues were more than Rs 600 billion.
Over a period of two decades, Ambani's millions of investors lifted him from being owners of a fledgeling Rs 2-3 million firm in the 1970s to a situation, according to last count, the total revenues were more than Rs 600 billion.

Dhirubhai Ambani with his sons Anil, left, and Mukesh (right)




Backward and forward 'integration' became the buzzwords in the Ambani group's strategy of growth. Today, the group straddles every link in the petroleum and petrochemicals value chain, beginning with oil and gas production to refining, to making intermediates and finished products like fabrics.

Ambani is also credited with being the man whose efforts helped create an 'equity cult' in the Indian capital market.
With innovative instruments like the convertible debenture, Reliance quickly became a darling of the stock market in the 1980s. Today, the group has close to five million individual shareholders.
In 1992, Reliance became the first Indian company to raise money in global markets, its high credit-taking in international markets limited only by India's sovereign rating.
With the meteoric rise of the Ambanis came formidable power and clout. What distinguishes Reliance's growth is that much of it came not during the post-liberalisation 1990s but in the days of the 'License Raj' when there were stifling controls on the industry.
Dhirubhai managed to get his way and created his empire with remarkable ease, a way his business rivals could not digest easily. They accuse the group of subverting the system in its penchant for growth.
Critics accuse the group of resorting to all tricks of the trade and breaking all rules of the game. The corridors of power in Delhi and elsewhere are replete with stories of what the Ambani influence could do to the careers of politicians and bureaucrats.
Every Cabinet and bureaucratic reshuffle spurred a string of such stories. But the Ambanis were not bothered about these reports and ascribe such writings to the campaign by rivals inspired by jealousy.
Every Cabinet and bureaucratic reshuffle spurred a string of such stories. But the Ambanis were not bothered about these reports and ascribe such writings to the campaign by rivals inspired by jealousy.
In his relentless run to the pinnacle, Dhirubhai became the highest-paid chief executive officer with a salary at Rs 88.5 million leaving Wipro's Azim Premji far behind at Rs 42 million. Both are among the world's top 500 billionaires.