Relianc Reliance Group Case Study

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I am living technology but it is considerably a part of my everyday learning. Dealing with technology is an inborn talent amongst the Y generation and why should it not be? Technology has become omnipresent . We love gadgets with new technology. Apple launches 10.0 iOS and majority of the users have already updated their software, barring a few who may have memory issues or heard from others about the bugs in it. Technology in the new era is like MAGIC. One click and there you get results! “Computers are incredibly fast, accurate & stupid; humans are incredibly slow, inaccurate & brilliant; together they are powerful beyond imagination!” - Albert Einstein (1879-1955) Such kind of technical excellence was seen between Dhirubhai Ambani and his work. Beginning his journey with Re. 1, Dhirubhai Ambani kept his nose to the grindstone and this motivated him to create wealth not only for himself but also for all his shareholders. “Challenge negative forces with hope, self-confidence and conviction. I believe that ambition and initiative will ultimately triumph.” - Dhirubhai Ambani (1932-2002)…show more content…
It has business interests ranging from telecommunications (Reliance Communications Limited) to financial services (Reliance Capital Ltd) and the generation and distribution of power (Reliance Power Limited and Reliance Infrastructure Limited). The group has received numerous accolades in each sector and has become one of India’s top private sector business houses in terms of net worth. The Reliance Group currently has a net worth in excess of Rs 91,500 crore (US $15.3 billion), cash flows of Rs 10,200 crore (US $1.7 billion) and net profit of Rs 4,700 crore (US$ 0.8

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