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INTRODUCTION Dhirubhai Ambani was born on December 29, 1932 and is a Hindu commercial caste based in the arid Saurashtra peninsula of India's western Gujarat state. He works as a gas station attendant for Shell Petroleum in Yemen at the age of 16. Within few years, he was rewarded to the position of sales manager. From his experience. Dhirubhai had an entrepreneurship's ability to identify and seize opportunities not observed by others. He realised that in Yemen the local currency was worth more for its silver content than its purchasing power. Then, he began to melt the coins into silver ingots at a small profit Ambani was the third of five children born to a village schoolteacher and his wife, and he grew up in a family of modest means. At the age of 17, he migrated to the British colony of Aden to join his brother. He started his career as a clerk at A. Besse & Co., which in the 1950s was the largest transcontinental trading firm east of Sucz. There he learned trading, accounting, and other business skills. In 1958 Ambani returned to India and settled in Bombay (now Mumbai Ambani began a business trading in spices in the late 1950s, calling his nascent venture Reliance Commercial Corporation He soon expanded into other commodities, following a strategy of offering higher-quality products and accepting smaller profits than his competitors. His business grew quickly. After deciding that the corporation had gone as far as it could with commodities, Ambani turned his attention to synthetic textiles. He made his first foray into backward integration with the opening of the first Reliance textile mill in 1966. Continuing a policy of backward integration and diversification, he gradually shaped Reliance into a petrochemicals behemoth and later added plastics and power generation to the company's businesses. In 1958, he returned to India and started his own business Even though, in the beginning he had only US$100 in his pocket and approximately US$275 in borrowed capital, he founded Reliance Commercial Corporation. The company began as a trading company, exporting spices, nuts and other commodities to the duty-free Yemeni port of Aden. Dhirubhai used many contracts to develop this market. Then, he shifted Reliance's focus from trading to textiles to take advantage of another opportunity in 1965. He gained license to manufacture purified terephthalic acid, one of the chemicals that can produce polyester filament fiber. Reliance started producing products including high-and-low density polyethylenes used by plastic processors then slowly started the manufacture of petrochemical intermediaries including monoethylene glycol and n-paraffin. From chemicals, Reliance explored the oil and gas exploration business and built refineries through Reliance Petroleum Limited and became India's largest public offering In 1977 Ambani took Reliance public after nationalized banks refused to finance him. His agility in navigating a stody economy and crippling government regulations and bureaucracy led to allegations of political manipulation, corruption, and engineered raids on competitors, but investor confidence in Reliance remained unshaken owing in part to the handsome dividends the company offered, as well as the founder's sharisma and vision. Ambani was credited with introducing the stock market to the average investor in India, and thousands attended the Reliance annual general meetings. which were sometimes held in a sports stadium, with many more watching on television Ambani handed over the day-to-day running of the company to his sons, Mukesh Ambani and Anil Ambani, in the mid- 1980s but continued to oversee the company until shortly before his death in 2002 ANALYSES SUMMARY Dhirajlal Ambani (Dhirubnai) is an entrepreneur who has been able to capitalise on possibilities that others have missed He returns to India in 1958 and establishes his own company. Dhirubni created Reliance Commercial Corporation with USSI00 from his own pocket and US$275 borrowed from capital. Dhirubna began as a trade firm, sending spices, nuts. and other goods to the duty-free port of Yemani in Aden. He establishes Reliance Corporation, which focuses on India's home market. He grows his business by franchising the store concept in India and pledging to support any establishment that sells Reliance textiles with advertising. Since Dhirubhai worked for Shell Petroleum in Yamen, Reliance entered the oil and gas exploration business and established refineries through Reliance Petroleum. Financial services and insurance, power, telecommunications, and digital communications projects are all part of the Reliance company family. In 1977. Dhirunhai Ambani handled a funding problem in a novel method, despite the fact that the problem was exacerbated by a government-controlled financial system. In India, Dhirunhai Ambani established equity cult, a new type of company leadership based on the largest public holdings. That translates to a minimal number of shares available to the general public. Reliance Infrastructure and Reliance Capital for example, were created largely to serve Reliance Industries Dhirubhai and Kokilaben Ambani had two sons and two daughters. Mukesh, Anil, Nina, and Dipti are the names of their children. Dhirubhai's goal was for Mukesh and Anil to work well together for the benefit of Reliance. Anil Ambani's older brother is Mukesh Ambani. Mukesh is invited by his father to take over the construction of the petrochemical project after his first year of MBA studies at Stanford University. In 1982, he marries Nita. Mukesh Ambani's younger brother is Anil Ambani. He began working at Reliance in 1982, one day after receiving his MBA from Wharton. In 1991, Anil married Tina Munim, a former Miss India and film actress. Unfortunately, Dhirubhai is against the marriage for a variety of reasons. After Dhirubhai Ambani died on 6 July, 2002, the first generation came to an end. A huge stroke was the cause of his death. Mukesh Ambani, Dhirubhai Ambani's son, became chairman of Reliance Industries Ltd, after his father's death, acquiring management control of the Reliance business. Mukesh and Anil had a few disagreements. They attempted to settle through his mother's proposal, but after seven month their disagreements were exposed in the media. MAIN ISSUE The main issue is dissatisfaction and dispute between Mukesh and Anil Ambani, Dhirubhai Ambani's two sons. After Dhirubhai Ambani's death, a battle erupted. Dhirubhai Ambani died without a will or a succession plan at the age of 69, leaving two sons in leadership positions inside the company. This causes a squabble between his two sons, The reason for this is that according to Hindu tradition and succession laws, the eldest son takes over as the heir. Mukesh Ambani became chairman of RIL after Dhirubhai Ambani's death, gaining executive control and the ability to assess, approve, or veto key investments and changes in Reliance's businesses. Mukesh had taken a zero-interest loan from Reliance Industries Ltd. to fund the fledgling reliance Telecomm. Anil questioned the financing arrangement, despite the fact that interest-free loans were commonplace. Anil has been critical of Mukesh's after controlling Reliance Industries and Reliance Infocomm's corporate govemance standards and has expressed dissatisfaction with various share transfers that occurred following Dhirubhai's death their father Meanwhile, Mukesh was irritated because Anil had made a USSIO billion capital commitment without consulting Mukesh or the RIL board, and Mukesh believed that Anil's political engagement could affect Reliance. The brothers' shared displeasure persisted until a board meeting in July. At the meeting, the Reliance board of directors passed a resolution allowing Mukesh to oversee the tasks of Managing Director Anil. SUCCESSION PLANNING Succession planning is a strategy for passing leadership to the next generation among the family, I'mol the time to make assumptions about what the next generation was and com accomplish Dhirubhai Ambani has 4 children which is Anil Amburi, Mukesh Ambani. Nina Kathari and Dipti Sagasca Dhirubhai Ambani died at age without any con planning but leaving on which is Mukesh Amt Anil Amani in Creative within the business Under Hindu tradition and succession weldest on will become acesso Whea hirubhai Ambani wa dead hw arguing each other about management and we At the end of amg both of them was listen to the he Mukesh and Ambani are no repin which is sibling med together will be different in their personalities hea of different family but they also had been close relationship with ne parent. Dhirubhai Ambani remind Mukesh and that their goal is wanting to see Relunce succeed and prove to the world that India was placed to invest Mukesh Ambas caried a Bachelor of Chemical Engineering at University of Mumtul and continue his study in MBA program Safed University. While Anil Amstani was prefroe White als in MBA program. Dhiblat said to Anel that he ready gets American MBA now trying to get indian MBA boce of American degree will he pood for the balcolm apply in Indian reality. When Dhirubhai Amani wadah his family direct or indirectly owned 51% of Reliance Industries. After Dhirubhai Ambani was death, Maketak over Reliance Industry and he became a Chairman MANAGEMENT TEAM Dhirubhai Ambani was return to India in 1988 with his wife after work in Yemen and start with ayam tinding business Dhrubhai Ambani and Kokilahen Amhani has for children which is Mukesh. And, Nine and Dipe Before Dinh Ambuni was death be was sometye Reliance India Rolanes Petrochemicals into Reliance Industries Limited because he wants his legacy together. Reliance Industries founder is Dhirubluri Ambond their product is Peel Natural Gas Petrochemical Textiles Real Telecommunication, Media, Television, Entertainment Messe Financial Service and Software. After Dhirubh Asthani death on 6 July 2002 at he didn't leave succession planning wil his daughter which is Mukesh and Anil arguing about management and owners. Makesh Anil was already prepared for cancers with cances Mukesh was close with their father while Anil was close their mother. Mukesh and Amil were expected the detail work together accessfully and gift benefit to Reliances and all of India. Mokesh Ambani has a Rachelor of Chemical Engineering the Merchand come to University MBA program Anil Ambani was join Rchances Industries in 1982 and he was graduated from Whitton in MBA Aller Dublat first stroke in 1956, Anil need to him. ceporate finance and he also became Relance Industries spokesperson First private firms atlerstures had 3.1 million shareholders But Ambani family was have major of Kelances Industries which is owned Is Atter Dhirubhai Amani was death eldest children were taking over, and he became Reliances Industries Limited chairman and he also has a veto in meiner Schuhe dowth, Mukesh and Anil has some problem in that weed help and me fethemet The family company was divided because of the Mukesh was given minaperties of the petrochemicals, refining and factumg division of the Company, while Amil w pon control of the power clocommunications, and financial services division FAMILY CONFLICT CONFLICT IN THE AMBANI FAMILY The brothers worked together a Reliance Industnes under their father, Dhirubhai Ambani, when they were younger. The brothers were said to have demonstrated amazing interpersonal chemistry during this time, sometimes even finishing each other's sentences. It was commonly assumed that the two would eventually acquire control of Reliance Industries and run the company together Conflict can be said to be like two sides of a coin, one sie having a positive impact, and the other side having a negative impact. The first family conflict in the Ambani Family is over the decision-making process and the whority that each family member has over their own des Unknown to Mukesh Anil had amassed SIO billion in cash withost consulting him beforehand. The most significant impediment to family company management is a lack of communication Furthermore, it is common for siblings to compete for parental attention when they are young. However, if this competitiveness persists her the children have grown up and entered the workforce, it can lead to terrible strife, Paris must treat their children fairly and assist them in solving conflicts. Furthermore, in times of disagreement, a lack of conflict resolution tools frequently occurs and extends to the family company as it tumed out Following Dhirubai's death, his sons started a conflicte business management and ownership accusing one another of conomic spying. There are two categories of individuals the world politicians and bankers. Concemed about the financial markets' liquidity as a result of the fumily fead.be unsuccessfully attempts to negotiate a settlement between Mukesh and Anil Ambani Mukesh and Anil were groomed for careers with Reliance and got along well in public Disputes were resolved privately within the family complex Dhirubhai would chastise Mukesh and Anil and impose a solution it mediatice failed. Dhirubhai wanited Reliance to prosper and show the rest of the world that India was a good place to invest. These objectives were going to be hampered by family foods, Mukes and Anil were anticipated to work well together for the benefit of Reliance and India as a whole Mukesh revealed that his father had intended for him to take over as managing chairman. He conveyed his displeasure with Anil's style of life. Anil's relationship to movie stars and plans to run for Parliament both upset the family, Mukesh was concemed that Anil's political activities could harm Rehance It was against Dhirubhai's wishes to align with a simple political party previous methods, which included courting at politicians and bureaucrats at all levels of povernment From Anil's point of view, he and Mukesh had worked equals for many years, and he had managed his own business during that time. Anildidn't think it was in his father's plan for the arrangement to change. Primogeniture did not appeal to fim, and he believed he was more competent of govering Reliance than Mukesh. At the time, he also stated that his political actions were not his brother's conce Kokilaben was able to intervenc thanks to the help of respected banker K.V. Kamuth Mr. Kamuth did a business valuation and wrote a settlement proposal. Every day, she met with cach of her sons individually. They were able to come up with a solution that was acceptable to both Mukesh and Anil when they worked together. Throughout the procese Kokilahes presented herself to the outside world as couco even-handed, and respectful of her late humbunds legacy GOVERNANCE By 1965, Dhirubhai had switched his company's focus from commerce to textiles in order to capitalize on other opportunities, such as government programs promoting the export of India's abundant rayon. To buy nylon, Reliance had to sell rayon at a loss, which it subsequently sold at a higher price. Reliance began focused on India's internal Indian market after a successful initial public offering (IPO) and the termination of the government-sponsored rayon push in 1978. The majority of firms have trouble securing appropriate funding. In India in the 1970s, the problem was compounded by a government-controlled financial system. The main source of funds was slow-moving state-owned financial institutions, but they were not always willing lenders and often required hefty interest rates