Monday, June 20, 2005

Dhirubhai Ambani was a karmayogi, never willing to rest on his achievements. His underlying philosophy: "India is a land of great opportunity. If you can dream it, you can do it. Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance, and for India."


And here we see a son who has to now follow his father's steps and "Just watch out for the 3Cs - chamchas, chelas, and cronies!" As such, it seems Anil Ambani believes in Mahatma Gandhiji's words:

Wealth, only with Work
Knowledge, only with Character
Business, only with Morality

So, I guess, ADA Enterprises will soar to a success in time to come. Reliance Infocomm can be a jewel in Anil's crown. The telecommunications industry is one of the fastest-growing sectors in India. Less than one in 10 people own a phone in the nation of more than a billion people. India's mobile phone users may almost quadruple to 200 million by the end of 2007 says India's phone services regulator. It is presumed Reliance Infocomm will have 100 million subscribers, or about 40 percent of India's total market, in less than five years. Well, but its quite obvious Infocomm may have to tap the equity markets very soon to continue funding the growth of the company!

The Ambani issue has been the longest and fierce battle that shook the Corporate India and as the death Anniversay of Dhirubhai Ambani is nearing on July 6, here's a split - Anil Ambani gets his share of Reliance Infocomm, Reliance Energy and Reliance Capital whereas Mukesh bags Reliance Industries & IPCL. A new beginning awaits especially for Anil who seems to be a very confident and a person with a foresight. And I feel any ways, what happens always happen for Good! When bad things happen to good people, they turn out to be better people - this goes for both the brothers, of coz! Let's see what's in store for 'shareholders'!

- ilaxi

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