Mukesh Ambani has his fingers in many pies, but pres
ently they all taste yummy!
You can call him a ‘maverick’, for he strays too far away from conventional wisdom, but chances are that the larger-than-life Mukesh Ambani will simply ignore you, as he charts future successes for Reliance Industries. Be it his foray into the petrochemicals, exploration or organized retail, with every step Mukesh Ambani reiterates his ambition to dominate. “Our integrated and globally competitive portfolio continues to help RIL de-risk its business model and deliver superior operating performance,” avers the senior Ambani. Yet, market watchers have apprehensions regarding his bull run. Analyst Raj Gandhi of UTI warns: “The execution of these many projects might become a headache for Reliance in the long term.” Analysts may cry themselves hoarse, but with a record turnover of $25 billion for year ended March 31, 2007, Reliance Industries will be dictating the trends of the industry.
For Complete IIPM Article, Click on IIPM Article
ently they all taste yummy!You can call him a ‘maverick’, for he strays too far away from conventional wisdom, but chances are that the larger-than-life Mukesh Ambani will simply ignore you, as he charts future successes for Reliance Industries. Be it his foray into the petrochemicals, exploration or organized retail, with every step Mukesh Ambani reiterates his ambition to dominate. “Our integrated and globally competitive portfolio continues to help RIL de-risk its business model and deliver superior operating performance,” avers the senior Ambani. Yet, market watchers have apprehensions regarding his bull run. Analyst Raj Gandhi of UTI warns: “The execution of these many projects might become a headache for Reliance in the long term.” Analysts may cry themselves hoarse, but with a record turnover of $25 billion for year ended March 31, 2007, Reliance Industries will be dictating the trends of the industry.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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