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Dhirubhai Ambani

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Death

Dhirubhai Ambani was admitted to the Breach Candy Hospital in Mumbai on June 24, 2002 after he suffered a major stroke. This was his second stroke, the first one had occurred in February 1986 and had kept his right hand paralyzed. He was in a state of coma for more than a week. A battery of doctors were unable to save his life. He died on July 6, 2002, at around 11 50 P.M. (Indian Standard Time).

His funeral procession was not only attended by business people, politicians and celebrities but also by thousands of ordinary people. His elder son, Mukesh Ambani, performed the last rites as per Hindu traditions. He was cremated at the Chandanwadi Crematorium in Mumbai at around 4 30 PM (Indian Standard Time) on July 7, 2002.He is survived by Kokilaben Ambani, his wife, two sons, Mukesh Ambani and Anil Ambani, and two daughters, Nina Kothari and Deepti Salgaonkar.

Dhirubhai Ambani started his long journey in Bombay from the Mulji Jetha Textile Market, where he started as a small trader. As a mark of respect to this great businessman, The Mumbai Textile Merchants decided to keep the market closed on July 8, 2002. At the time of Dhirubhais death, Reliance Group had a gross turnover of Rs. 75,000 Crore or USD $ 15 Billion. In 1976 77, the Reliance group had an annual turnover of Rs 70 crore and it is to be remembered that Dhirubhai had started the business with just Rs.15,000(US$350).


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Reliance after Dhirubhai
Initial public offering
Reliance Textiles
Dhirubhais control over stock exchanges
Family
Diversification
The Indian Express Articles
Death
Majin Commercial Corporation
Early life
Company Profile
Endeavors
More ...


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