ย โขย
Dexter Capital Advisorsย โขย 6m
I was blissfully ignorant of the greatest, most cut-throat corporate war ever fought on Indian soil ๐๐ I'm talking about Dhirubhai Ambani and Nusli Wadiaโs clash, a saga so fierce it shook the very foundations of the Indian corporate world in the 80s. It was a war where Dhirubhai wielded all the weapons - Saam, Daam, Dand, Bhed - to leave Wadia grooup and his Bombay Dyeing in the dust. And the outcome? It's etched in history as - THE POLYESTER WAR! .. It was a gladiatorial contest with no holds barred ๐๐ Both Ambani and Wadia, with their sights locked on the burgeoning polyester market, were in a race to get the licenses for big manufacturing plants. -> Wadia took the lead, securing his license during the favourable Janata Party government in the late 70s -> But, the moment Congress returned to power, Dhirubhai was back in the game. That meant he got his license too, with a little help from his friends in high places But here's where the plot thickened, as both chose different raw materials. .. Ambani chose to produce polyester using Purified Terephthalic Acid (PTA), while Wadia opted for Dimethyl Terephthalate (DMT). PTA was more efficient, but DMT was cheaper. Thus, Wadia had a big pricing power. In response, Dhirubhai launched a price war that would make history - selling polyester at downright suicidal prices ๐๐ And he didn't just dip his toe. He swam in losses for years, armed with a fortune amassed through what Wadia claimed was sheer manipulation of the stock markets. .. But even this sustained brute force price war wasn't enough to finish the job. And that's when after about a decade of insane war, Ambani (allegedly) played his dirtiest card yet - political manoeuvring ๐๐ -> With politicians allegedly in his pocket at the Centre, he got the Govt to slash import duties on PTA dramatically -> That made Relianceโs polyester way cheaper to produce and sell, rendering Bombay Dyeing's products uncompetitive by a big margin Result? Wadiaโs Bombay Dyeing was left at a small scale, while Dhirubhai grew bigger and bigger. .. I know this is going to offend many ๐๐ But, this is why โThe Polyester Wars" became synonymous with how business is done in India, where victory was as much about outsmarting the system, outplaying rivals, and outlasting them with any means necessary. And this is why Dhirubhaiโs legacy isn't just in the wealth he accumulated but in the narrative of a battle that showed the world the lengths one could go to win in business, regardless of the ethical cost. Did you know all of this? ..
Student| Passionate ...ย โขย 5m
The quite power behind the India's biggest business empire 'Reliance'. Mukesh Ambani his wife and their 3 children each of them holds 0.12% in Reliance whereas Kokilaben holds 1.57 crore shares (0.24%) worth more than 18000 crores. In 1955 she marrie
See MoreFounder-Hexpertify.c...ย โขย 1y
"42 Billion Dollars to Zero" Billions To Bankruptcy #1 RISE and FALL of Anil Ambani Anil Ambani is the youngest brother of Mukesh Ambani.After the death of Dhirubhai Ambani the company was split equally driven by a feud between the brothers over c
See MoreHey I am on Medialย โขย 17d
Dhirubhai Ambani is glorified as the ultimate rags-to-riches iconโbut behind the legend is a man who didnโt just bend the rules, he bulldozed them. Yes, he rose from a gas station attendant to a business tycoon, but it wasnโt just hustleโit was a m
See MoreEntrepreneurย โขย 8m
Elon Musk vs Mukesh Ambani: A Billionaire Showdown Itโs not just moneyโitโs a clash of two worlds. Musk and Ambani arenโt fighting for trophies; theyโre battling for the future. And while both are giants, one plays in the sky, and the other on the g
See Moreย โขย
Dexter Capital Advisorsย โขย 1y
Today, G7 has officially turned ๐ท๐บ๐บ๐ฆ war into a money-making biz ๐๐ The G7 nations (Canada, France Germany, Italy, Japan, the UK and the US) have signed on a new, first-of-its-kind deal to back Ukraine. Whatโs so special about the deal? Letโ
See MoreDownload the medial app to read full posts, comements and news.