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eligious school known as Shaivism (from the god of creativity and destruction,<br />

Shiva) had preached that the world was unreal and an impersonal abstract essence<br />

was the absolute reality and truth. <strong>The</strong> Jain and Buddhist religions, which had sprung<br />

from Hinduism, also preached privation, renunciation and destruction of the self.<br />

Vallabhacharya saw a personal god who created and sustained life, for whom living<br />

life to the full was a form of devotion. His school became known as Vaishnavism, as<br />

the focus of devotion was the god Vishnu’s playful avatar (incarnation) Krishna, perhaps<br />

the most widely adored and human face of the divine among Hindus.<br />

In his classic text on the Vaishnavas of Gujarat, the scholar N. A. Thoothi pointed out<br />

that this naturally appealed to the people of a land richly endowed with opportunity<br />

like the central parts of Gujarat. It was a philosophy that justified their way of life<br />

and gave a divine purpose to their roles as providers and family members. It also<br />

fitted the rising social status of the Banias in Gujarat, overriding the formal varna<br />

hierarchy.<br />

As Vaishnavism grows, the Varnas decline. We have noticed, for example, how the<br />

Vanias [Banias] have reached a social status as high as that of the Brahmins<br />

themselves. This upsetting of the balance of the Varnas has been greatly due to<br />

economic causes. <strong>The</strong> merchant and the financier and the capitalist have, by sheer<br />

force of wealth and power, for a while become dictators over all, even over the<br />

priestly class. A justification of their way of living, a theory of life and a pathway<br />

suited and helpful to the living of a life engrossed in work and duty as a man,<br />

husband, father, citizen and so on, a hope that such a mode of life as they live is<br />

acceptable to the highest deity - the Gujaratis naturally sought for all these.<br />

Ambani’s particular caste is called the Modh Bania, from their original home in the<br />

town of Modasa north of Ahmedabad before a migration many centuries ago to<br />

Saurashstra. <strong>The</strong> Modh are one of three Bania castes in this part of Gujarat, who<br />

might eat meals together but who would each marry within their own caste. <strong>The</strong>y are<br />

strict vegetarians, and only the men take alcohol. <strong>The</strong>ir practice of Hinduism follows<br />

the Vaishnavite path. But the main object of their pilgrimages, on marriage or the<br />

start of a new business venture, is a black-faced idol with a diamond in his chin<br />

located in a temple at Nathdwara, a small town in the barren hills behind the lake<br />

city of Udaipur in Rajasthan. This idol represents Srinath, an avatar or incarnation of<br />

Lord Krishna, and was brought to Nathdwara from Mathura (Krishna’s birthplace) by<br />

a holy man to escape the depredations of the fierce anti-Hindu Mughal emperor<br />

Aurangzeb. For reasons that are not clear, Srinath has become the familiar god of<br />

the Modh and other Banias. Portraits based on the Nathdwara idol are often seen in<br />

the offices of Bania businessmen.<br />

In later years, Ambani and his family made frequent visits to the temple of Srinath,<br />

flying into Udaipur airport in his company’s executive jet and driving straight up to<br />

Nathdwara. In 1994, Ambani built a large ashram (pilgrim’s rest-house) in<br />

Nathdwara for the use of visitors. <strong>The</strong> three-storey building, faced in a pink granite,<br />

is dedicated to the memory of his parents.<br />

If the Modh Bania practise piety in the temple, and abstemious ways in their homes<br />

they are known as fiercely competitive and canny traders in the marketplace, with no<br />

communications about taking advantage of opportunities for profit. A saying in<br />

Gujarat goes: ‘apale hojo kadh, pan angane na hojo Modh’s meaning: ‘It is better to<br />

have a leucoderma [a disfiguring skin pigment disorder] on your forehead than a<br />

Modh as guest in your house.’ Like other Bania castes of the region, the Modh Bania

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