Monday, March 30, 2009
anil ambani
Anil Ambani (born June 4, 1959) is an Indian businessman and Chairman of Anil Dhirubhai Ambani Group.
Ambani joined Reliance, the company founded by his late father Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital
markets. For example, he led India's first forays into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard[citation needed]. He along with his brother, Mukesh Ambani, has steered the Reliance Group to its current status as India's leading textiles, petroleum, petrochemicals, power, and telecom company.
Anil was the member of Uttar Pradesh Development Council (this council has now been scrapped). He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar and a member of the Board of Governors of the Indian Institute of Technology, Kanpur. He is member of the Board of Governors, Indian Institute of Management, Ahmedabad. He is also a member of the Central Advisory Committee, Central Electricity Regulatory Commission. In June 2004, Anil was elected as an Independent Member of the Rajya Sabha - Upper House, Parliament of India with the support of the Samajwadi Party. In March 2006, he resigned. In 2007 his name was added to the list of Indian Trillionaires (in terms of Indian Rupee).
He has been linked with several starlets in his long career including his current wife of more than 15 years. He is a close friend of movie star Amitabh Bachchan. One of his major achievements in the entertainment industry is the takeover of Adlabs, the movie production to distribution to multiplex company that owns Mumbai's only dome theatre.
He recently topped Business Sheet's "biggest loser" list of business leaders who lost money in the Late 2000s recession [2], losing $32 billion in 2008, which brought him out of the top ten list to number 34 in 2009.
Awards and Recognition
* Voted the 3rd most powerful person in India in the 2009 India Today Power List, in March.
* Voted Businessman of the Year 2006 by Times of India-TNS poll [2]
* Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004.
* Voted as 'MTV Youth Icon of the Year for 2003' in September 2003.
* Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association, October 2002.
* Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001.
* Conferred the ' Businessman of the Year 1997' award by India's leading business magazine Business India, December 1997.
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