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Obstacles Faced

Dhirubhai Ambani

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Obstacles Faced

There were several business rivalries faced by Dhirubhai Ambani.At one point of time, Nusli Wadia of Bombay Dyeing was the greatest competitor and threat to Dhirubhais Reliance Industries. The competition between the two turned out to be ugly.Another obstacle was Dhirubhais tussle with Ramnath Goenka, who once was Dhirubhais friend. It all began because Ramnath Goenka was not getting his equal share in the company and so he teamed up with Dhirubhais rival, Nusli Wadia and tried hard to cause a major harm to the Reliance group. The Indian express, a broadsheet daily published by Goenka, carried a series of articles stating the unfair means used by the Reliance Industries to make profits. But soon Dhirubhai handled the pressure and came over it.

Dhirubhai faced severe health problems. In 1986 he suffered a major stroke, which paralyzed his right hand and in June 2002, he suffered his second stroke, after which he was admitted to the Breach Candy Hospital, Mumbai. A number of doctors attended to him but not much could be done and the Indian business magnet died on July 6, 2002.


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Criticism
Majin Commercial Corporation
Reliance Textiles
Virtues
Diversification
Dhirubhais control over stock exchanges
Obstacles Faced
Biography
Initial public offering
Man of Substance
Dhirubhai and V P Singh
Death
More ...


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