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I feel pity for Mukesh Ambani and today I would not like to be in his shoes. Surprised? Yes he still has India’s biggest private sector company…a fortune 500 company...but what price he has paid for it!!
He had to give up his baby (Reliance Infocomm) for a Rs.80000 crore empire. I feel it was not worth it. If I had been in Mukesh Ambani I would have opted for my baby rather than RIL. Maybe Jamnagar and other projects were as dear to him as Infocomm, but then Infocomm was special…from Idea to Implementation it was his project. He never worked under his father’s shadow on this project…from day 1 it was his pet project …his baby. He will weep when Anil wont be able to manage the project and he will feel sorry for himself if Infocomm does well...because his brother will take all the laurels.
Anil Ambani got a great deal. He started off from a position where he had nothing to loose. Mukesh had everything to loose. Anil by fighting a shameless battle in front of the media brought Mukesh on the back foot. For Mukesh reputation was at stake...for Anil if Reliance was not his nor was its reputation. And with every assault on Reliance in public he managed to push Mukesh more and more to the wall. In the end Mukesh wanted to just get over with the whole episode and start afresh with whatever is left. And then Anil got the deal of his lifetime. Anil proved it …he is a better negotiator than his brother.
WHAT NEXT FOR MUKESH AMBANI? That’s the biggest question now. He is jobless without Infocomm. Yes there are few things he can do in RIL like expanding the capacity of Jamnagar refinery, building petroleum retail chain, gas pipelines, oil and gas exploration. But most of these businesses have stabilized to an extent and that donot require the unmatched ‘project implementation skills’ of Mukesh Ambani. Biotech also is not a Reliance or Mukesh kind of business. Rs1000 crore is the maximum he can think of investing in Biotech and its not a economy of scale game. So what’s “the next pill of viagra” (http://neerajgutgutia.blogspot.com/2004/05/next-pill-of-viagra.html)…. even my idea of Mega knowledge city doesnot make sense for him as Infocomm and power business is with Anil. What will he do next. Power, Telecom, Airport, Media, Banking & Finance is all with Anil and they have a not -compete agreement for ten years.
I am waiting for the next AGM of RIL where he should declare the new blueprint for future for RIL. That day we will know the future of Mukesh. Will he continue with the same passion and infectious impatience (the biggest two qualities which makes him Mukesh Ambani) or will he after the loss of his baby loose heart and take it coolly in future. My bet is still on him…he has to prove that he has the Midas touch…has capability of conceive unthinkable project and implement it…let us know Mr. Mukesh what's on your mind. Prove it that you are the real inheritor of your father.
He had to give up his baby (Reliance Infocomm) for a Rs.80000 crore empire. I feel it was not worth it. If I had been in Mukesh Ambani I would have opted for my baby rather than RIL. Maybe Jamnagar and other projects were as dear to him as Infocomm, but then Infocomm was special…from Idea to Implementation it was his project. He never worked under his father’s shadow on this project…from day 1 it was his pet project …his baby. He will weep when Anil wont be able to manage the project and he will feel sorry for himself if Infocomm does well...because his brother will take all the laurels.
Anil Ambani got a great deal. He started off from a position where he had nothing to loose. Mukesh had everything to loose. Anil by fighting a shameless battle in front of the media brought Mukesh on the back foot. For Mukesh reputation was at stake...for Anil if Reliance was not his nor was its reputation. And with every assault on Reliance in public he managed to push Mukesh more and more to the wall. In the end Mukesh wanted to just get over with the whole episode and start afresh with whatever is left. And then Anil got the deal of his lifetime. Anil proved it …he is a better negotiator than his brother.
WHAT NEXT FOR MUKESH AMBANI? That’s the biggest question now. He is jobless without Infocomm. Yes there are few things he can do in RIL like expanding the capacity of Jamnagar refinery, building petroleum retail chain, gas pipelines, oil and gas exploration. But most of these businesses have stabilized to an extent and that donot require the unmatched ‘project implementation skills’ of Mukesh Ambani. Biotech also is not a Reliance or Mukesh kind of business. Rs1000 crore is the maximum he can think of investing in Biotech and its not a economy of scale game. So what’s “the next pill of viagra” (http://neerajgutgutia.blogspot.com/2004/05/next-pill-of-viagra.html)…. even my idea of Mega knowledge city doesnot make sense for him as Infocomm and power business is with Anil. What will he do next. Power, Telecom, Airport, Media, Banking & Finance is all with Anil and they have a not -compete agreement for ten years.
I am waiting for the next AGM of RIL where he should declare the new blueprint for future for RIL. That day we will know the future of Mukesh. Will he continue with the same passion and infectious impatience (the biggest two qualities which makes him Mukesh Ambani) or will he after the loss of his baby loose heart and take it coolly in future. My bet is still on him…he has to prove that he has the Midas touch…has capability of conceive unthinkable project and implement it…let us know Mr. Mukesh what's on your mind. Prove it that you are the real inheritor of your father.
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