The-Polyester-Prince

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AcknowledgementsIntroduction: an invitation to Bombay1. A Persuasive Young Bania2. Lessons from the souk3. Catching Live Serpents4. A first-class fountain5. Guru of the equity cult6. Friends in the right places7. The Great Polyester War8. The Paper Tiger9. Under siege10. Sleuths11. Letting loose a scorpion12. Business as usual13. Murder medley14. A political deluge15. Under the reforms16. Housekeeping secrets17. Pandava or Kaurava
Page 6 and 7: Dhirubhai Ambani had made it throug
Page 8 and 9: company shares out and make you col
Page 10 and 11: and injunction against publication
Page 12 and 13: and tigers. Massive double doors, t
Page 14 and 15: eligious school known as Shaivism (
Page 16 and 17: Jayan Shah remembers Dhirubhai, who
Page 18 and 19: his advice to ‘Keep out under all
Page 20 and 21: LESSONS FROM THE SOUKEarly in the 1
Page 22 and 23: Disembarking tourists, brought asho
Page 24 and 25: gambles against rises and falls in
Page 26 and 27: CATCHING LIVE SERPENTSAt the end of
Page 28 and 29: Viscosa via a long resident Italian
Page 30 and 31: great caution, leading to constant
Page 32 and 33: knew nothing about them, but was se
Page 34 and 35: interest in various ways, Dhirubhai
Page 36 and 37: The Pai’s prided themselves on be
Page 38 and 39: Pakistan in 1965, India’s externa
Page 40 and 41: Minister Pai overruled objections f
Page 42 and 43: Suresh Kothary, the Du Pont agent i
Page 44 and 45: intermediate either purified tereph
Page 46 and 47: In October 1977, Reliance had gone
Page 48 and 49: slow-down in trading and sometimes
Page 50 and 51: Along with the clearances for his c
Page 52 and 53:
iodegradable detergents) and high-d
Page 54 and 55:
Bar [at the Taj Mahal Hotel], have
Page 56 and 57:
nephew, Rasikbhai Meswani, who knew
Page 58 and 59:
auction, the highest prices being f
Page 60 and 61:
the news magazines that were the li
Page 62 and 63:
for two years and then as a railway
Page 64 and 65:
The Great Polyester WarOn 23 Novemb
Page 66 and 67:
advice. Among them were tycoons man
Page 68 and 69:
licence for the DMT plant-two and a
Page 70 and 71:
that was eventually to bring down t
Page 72 and 73:
Authorities told Reliance that the
Page 74 and 75:
confiscated, and pay an additional
Page 76 and 77:
THE PAPER TIGERIt was at this stage
Page 78 and 79:
‘So now we are friends?’, he as
Page 80 and 81:
entrepreneur struggling against a b
Page 82 and 83:
nonconvertible debenture issues tha
Page 84 and 85:
ends.’ It began with the Rs 843 m
Page 86 and 87:
The New York investors, Praful and
Page 88 and 89:
UNDER SIEGESo far, it had been just
Page 90 and 91:
Reliance group of companies to the
Page 92 and 93:
In its original yarn operation set
Page 94 and 95:
system. It comes from a dynamic per
Page 96 and 97:
depreciation, investment allowances
Page 98 and 99:
SLEUTHSTo see Bhure Lal on his even
Page 100 and 101:
event, Rajiv did not attend the mee
Page 102 and 103:
Bhure Lal had found most of the peo
Page 104 and 105:
issue to market. Income tax authori
Page 106 and 107:
The Express also pointed to some no
Page 108 and 109:
the Ambani magic. Huge amounts had
Page 110 and 111:
The Times of India’s editor, Giri
Page 112 and 113:
office has never been revealed. Bot
Page 114 and 115:
Brought to New Delhi, Gurumurthy wa
Page 116 and 117:
emembered that he had invested heav
Page 118 and 119:
CBI on evidence that was presented
Page 120 and 121:
V P Singh declared the report ‘is
Page 122 and 123:
The Finance Ministry also gave prom
Page 124 and 125:
not appear to have yet obtained the
Page 126 and 127:
Until then, oil refining had been r
Page 128 and 129:
producing unit which used naphtha a
Page 130 and 131:
MURDER MEDLEYSince March 1987, the
Page 132 and 133:
Figures such as the actor Sayeed Ja
Page 134 and 135:
along with ammunition. Babaria also
Page 136 and 137:
The bench of three judges decided o
Page 138 and 139:
executives had spread the idea that
Page 140 and 141:
A POLITICAL DELUGEIn the second qua
Page 142 and 143:
assessed as owing Rs 312.8 million
Page 144 and 145:
To help win support for reforms fro
Page 146 and 147:
Although it was obliged to report m
Page 148 and 149:
debenture issues because it saw a w
Page 150 and 151:
UNDER THE REFORMSAfter the shock of
Page 152 and 153:
Mukesh had resigned as executive di
Page 154 and 155:
up, pointing to India’s large mid
Page 156 and 157:
illion. Reliance shares had risen h
Page 158 and 159:
the refinery’s cost of Rs 51.42 b
Page 160 and 161:
No one was arguing with the logic o
Page 162 and 163:
well as being a talented engineer a
Page 164 and 165:
epeated claim that, whatever else h
Page 166 and 167:
degree a bare pass from a low-statu
Page 168 and 169:
pointed out that there were still g
Page 170 and 171:
On 30 October, a letter arrived fro
Page 172 and 173:
The switched shares had now been re
Page 174 and 175:
The tax officers persevered, and fo
Page 176 and 177:
petroleum minister at the time the
Page 178 and 179:
PANDAVA OR KAURAVAReliance emerged
Page 180 and 181:
took on a self-pitying ‘Why is ev
Page 182:
erupting polyester industry battle
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The-Polyester-Prince

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