RIL aims to double enterprise value to Rs 5,00,000-cr in 10yrs!
Indian Holocaust My Fathers Life and Time- Three Hundred NINETY NINE
Palash Biswas
http://indianholocaustmyfatherslifeandtime.blogspot.com/
RIL aims to double enterprise value to Rs 5,00,000-cr in 10yrs!
Provided the stories about Dhirubhai Ambani Saga of Miracles are TRUE, his connection to the Zionist Brahaminical Gandhi Nehru Dynasty decisively changed the Ways of Indian Economics and Economy!What the GUJJU dare devil dared, it would Never come in the wildest dreams of a desettled ten resettled, Marxist then Ambedkarite, Partition Victim Bengali Refugee as my late Father PULIN Babu was.But as an All India Refugee Leader, I may say that the non recognised SC Refugee Peasant leader had known New Delhi Ministries, Avenues and Streets better than the Great Dhirubhai.Even he had the Access! Mrs Indira Gandhi did visit DINESHPUR before the Great Return after Emergency Debacle in 1980.The Iron lady had a meeting with my Father in New Delhi as she wanted to secure the Bengali Refugee Vote Bank and my father did support her.
At the time, I had suggested that the REFUGEES should demand Seats in Parliament and Assemblies. It was the best time for the Bargain! My father was RELUCTANT to any such idea. In fact, he had NEVER the Empowerment, Courage, Cash and Capacity as Dhirubhai had.He was simply Duped by the Hegemony as his People continue to be! This is the story of Indian Free Market Democracy, quite Identical with Dhirubhai AMBANI and RELIANCE Saga at the on one hand, and on the Other hand the MULTITUDE of Millions, according to SARAMGO, who are just born to SUFFER!
I had been writing and speaking about the Manipulation and did write that the Big Billionaire Brothers are Playing with the System with their MONEY Machine upgraded. As the so much so hyped Judicial FARSE behind, the AMBANIES Combined have ENSURED Sector to Sector SUPREMACY and Mukesh has set the BALL Run to win something more Vital than the FIFA World Cup. The AMBANIES have bettered in Skill, Power, Technique, Speed,Stamina, Ball Play, Dribbling, One touch One Play, Tackling, Dead Ball Situations even better than any MESI or MARA DONA Himself! Indian Economy on SELL OFF has stripped naked to tell the TRUTH so disguised!
The rise of Indian-Americans in US politics
Indian heritage is where Haley's similarity with the other candidates seems to end. She is the only Republican, the only one who has been widely mistaken for a white woman, the only one who has been accused of abandoning her heritage for converting to Christianity.
Manan Trivedi, a doctor and Iraq war veteran who recently won a Democratic primary for Congress in eastern Pennsylvania, said he did not view his ethnicity as a handicap: "The American electorate is smarter than that."
He called criticism of Haley's name and religion unfounded. "Nikki Haley and (Republican Louisiana gov.) Bobby Jindal are on the wrong side, but they worked their butts off, they had the bonafides to get the votes, and I think it had so much more to do with their work ethic than the fact that they may have changed their names and adopted a different religion."
Christianity is a more critical issue for white Republicans than other groups — could a Hindu who worships multiple gods, or a turbaned Sikh who doesn't cut his hair, survive a statewide Republican primary in the Bible Belt?
Vidya Pradhan, editor of India Currents magazine, thinks not. Haley and Jindal "were really ambitious about their politics, and they could not do it being Hindu or their old religion," Pradhan said. "I do think it was a political move. They felt that not being a Christian would hurt them."
"This campaign is all about vision and values and policies," said Raj Goyle, who is battling for the Democratic congressional nomination in his hometown of Wichita, Kan. "I don't spend time thinking about differences, I think about ways that Kansans can come together."
He said he doesn't worry about appearing more American or more Indian. "I am who I am, I'm proud of my background and what I've accomplished and my family. Kansas voters absolutely will choose the best candidate based on the merits."
In California, Kamala Harris won the Democratic nomination for state attorney general and is favoured to win the election this fall. "Slowly, perhaps, people will start to understand the diversity of the people." she said.
Indians began immigrating to the United States in large numbers about 50 years ago, but just two have been elected to Congress: Dalip Singh Saund in 1954 and Jindal, who entered Congress in 2004 and became governor midway through his second term.
In 2008, J Ashwin Madia, a Minnesota Democrat who lost a congressional election in 2008, says he was the only major Indian-American candidate for Congress.
Today there are six, including Goyle and Trivedi. Ami Bera in California, Ravi Sangisetty in Louisiana and Reshma Saujani in New York face upcoming primaries, and Surya Yalamanchili won a primary in Ohio.
Missing in action was younger brother Anil whom many expected to turn up as a sign of the truce between the two brothers.
The 31st AGM of Reliance Industries Ltd in 2005 was the last time when Mukesh and Anil Ambani addressed the shareholders from the same platform. The two brothers demerged their business in 2005 in a family agreement brokered by their mother Kokilaben Ambani.
Mukesh started his address by reiterating Dhirubhai's vision of creating a world class enterprise.
But soon the focus was on the truce and its antecedents. Mukesh recounted the Supreme Court decision on the KG basin gas row with brother Anil, highlighting the fact that the apex court upheld RIL's stand.
Anil wanted the gas to be sold at a below-market rate agreed upon in a family understanding mediated by Kokilaben in 2005. Mukesh, however, argued that the price had to be raised after the government objected to the rate decided upon by the Ambanis.
The Supreme Court ruled that gas is a national asset and therefore, the government alone decides on its prices and supply. The court also gave the brothers six weeks to work out a new agreement in keeping with government guidelines on prices and supply.
However, Mukesh today promised that the company will commence supply of gas to ADAG group as and when their plants are operational. (Read; RIL to supply gas to ADAG plants when ready: Mukesh Ambani)
Mukesh then said that he was looking forward to a harmonious and constructive relationship with Anil's ADAG Group.
The two brothers had agreed to dump their differences and non-compete agreements on 23 May. This allowed the two companies to compete with each other.
The biggest announcement Mukesh made was about the company's foray into the power sector. He said that RIL is drawing up specific plans for mega investment in coal, hydro and nuclear power projects. As a goodwill gesture, RIL would not enter the gas-based power generation arena till 2022. (Read; Power business to drive RIL's growth)
Mukesh then announced his company's foray into the telecom space citing the billion dollar acquisition of Infotel – the only company to win a pan India broadband licence. 'We are faced with much larger opportunity in broadband," Mukesh added. He said that the BWA spectrum is an extremely valuable resource and the company plans to set up a wireless innovation centre in Mumbai soon. (Read; Mukesh sees huge opportunity in broadband)
The markets, anticipating a drama at the AGM, were mute in reaction. The Sensex, barometer of the Bombay stock exchange, fell 0.16 per cent.
RIL's share fell 0.21 per cent to Rs 1,069. Anil's ADAG companies stocks, however, sold off.
RNRL declined 6.41 per cent after Mukesh said that the company will start gas supply to ADAG once their plants are ready.
Reliance Media declined 4.54 per cent. Reliance Capital declined 2.10 per cent.
Reliance Communications declined 2.38 per cent. Mukesh Ambani announced his company's foray into telecom.
RIL announced a dividend of Rs 7 per share for the 2009-10 fiscal. That is 70 per cent on the face value of Rs 10.
"I feel hopeful and confident that Reliance can accomplish value-creation of a similar magnitude in less than a decade," Ambani said, pointing out that it took three decades for Reliance to create an enterprise value of USD 80- billion or over Rs 3,70,000-crore.
Ambani, who was speaking at the annual general meeting (AGM) of the company, said Reliance has never been stronger than what it is today and is an "ignited corporation" determined to make greater contribution to India's prosperity.
Reliance, whose business interests span oil and natural gas, petrochemicals and retail, recently re-entered the telecom space with a promise to offer fourth-generation broadband connectivity to the people of India.
The primary focus of the company will be to create "new fountainheads of value creation within India" while it will also "seize" opportunities elsewhere in the world, Ambani said.
"As India marches ahead to become one of the four largest economies in the world in the foreseeable future, Reliance aspires to be counted amongst the most valuable corporations in the world," Ambani said.
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Reuters IndiaTelecom: Mukesh bets on 4G, partnerships - 1 day ago
The company will also set up a wireless innovation centre (WIC) in Mumbai, on the lines of the Dhirubhai Ambani knowledge city, which Mukesh had set up for ...Hindustan Times - 681 related articles »
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Reliance Industries
From Wikipedia, the free encyclopedia
Type | Public BSE: 500325 LSE: RIGD |
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Industry | Conglomerate |
Founded | 1966 As Reliance Commercial Corporation |
Founder(s) | Dhirubhai Ambani |
Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people | Mukesh Ambani (Chairman & MD) |
Products | Petroleum Natural gas Petrochemicals Retail stores Polymers Polyesters Chemicals Textile Telecommunications |
Revenue | Rs 200,400 crore (US$ 42.69 billion) (2010)[1] |
Operating income | Rs 33,041 crore (US$ 7.04 billion) (2010)[2] |
Net income | Rs 16,236 crore (US$ 3.46 billion) (2010)[3] |
Total assets | Rs 245,706 crore (US$ 52.34 billion) (2009)[4] |
Total equity | Rs 146,328 crore (US$ 31.17 billion) (2009)[5] |
Employees | 24,679 (2009)[6] |
Subsidiaries | Reliance Petroleum Reliance Life Sciences Reliance Industrial Infrastructure Limited Reliance Institute of Life Sciences Reliance Logistics Reliance Clinical Research Services Reliance Solar Relicord Infotel Broadband |
Website | RIL.com |
Contents[hide] |
[edit] Stock
- According to the company website "1 out of every 4 investors in India is a Reliance shareholder." . Reliance has more than 3 million shareholders, making it one of the world's most widely held stock. Reliance Industries Ltd, subsequent to its split in January 2006 has continued to grow. Reliance companies have been among the best performing in the Indian stock market.
[edit] Products
Reliance Industries Limited has a wide range of products from petroleum products, petrochemicals, to garments (under the brand name of Vimal), Reliance Retail has entered into the fresh foods market as Reliance Fresh and launched a new chain called Delight Reliance Retail and NOVA Chemicals have signed a letter of intent to make energy-efficient structures. The primary business of the company is petroleum refining and petrochemicals. It operates a 33 million tonne refinery at Jamnagar in the Indian state of Gujarat. Reliance has also completed a second refinery of 29 million tons at the same site which started operations in December 2008. The company is also involved in oil & gas exploration and production. In 2002, it struck a major find on India's eastern coast in the Krishna Godavari basin. Gas production from this find was started on April 2, 2009. As of the end of 3rd quarter of 2009-2010, gas production from the KG D6 ramped up to 60 MMSCMD.[edit] Subsidiaries
[edit] Major Subsidiaries & Associates
- Reliance Petroleum Limited (RPL) was a subsidiary of Reliance Industries Limited (RIL) and was created to exploit the emerging opportunities, creating value in the refining sector worldwide.Currently, RPL stands amalgamated with RIL.[9]
- Reliance Life Sciences is a research-driven, biotechnology-led, life sciences organization that participates in medical, plant and industrial biotechnology opportunities. Specifically, these relate to Biopharmaceuticals, Pharmaceuticals, Clinical Research Services, Regenerative Medicine, Molecular Medicine, Novel Therapeutics, Biofuels, Plant Biotechnology and Industrial Biotechnology.[10]
- Reliance Industrial Infrastructure Limited (RIIL) is engaged in the business of setting up / operating Industrial Infrastructure that also involves leasing and providing services connected with computer software and data processing.[11]
- Reliance Institute of Life Sciences (Rils), established by Dhirubhai Ambani Foundation, is an institution of higher education in various fields of life sciences and related technologies.[12]
- Reliance Logistics (P) Limited is a single window solutions provider for transportation, distribution, warehousing, logistics, and supply chain needs, supported by in house state of art telematics and telemetry solutions.[13]
- Reliance Clinical Research Services (RCRS), a contract research organization (CRO) and wholly owned subsidiary of Reliance Life Sciences, has been set up to provide clinical research services to pharmaceutical, biotechnology and medical device companies.[14]
- Reliance Solar, The solar energy initiative of Reliance aims to bring solar energy systems and solutions primarily to remote and rural areas and bring about a transformation in the quality of life.[15]
- Relicord is the first and one of the most dependable stem-cell banking services of South East Asia offered by Mukesh Ambani controlled Reliance Industries.[16]
- Infotel Broadband is a broadband service provider, it is wholly owned by RIL for Rs 4,800 crore.[17]
[edit] Reliance's oil and gas discovery
In 2002, Reliance found natural gas in the Krishna Godavari basin off the coast of Andhra Pradesh near Vishakapatnam.[18] It was the largest discovery of natural gas in world in financial year 2002-2003[19]. On 2 April 2009, Reliance Industries (RIL) commenced natural gas production from its D-6 block in the Krishna-Godavari (KG) basin.[20]The gas reserve is 7 trillion cubic feet in size. Equivalent to 1.2 billion barrels (165 million tonnes) of crude oil, but only 5 trillion cubic feet are extractable.[21]
On 2008 Oct 8, Anil Ambani's Reliance Natural Resources took Reliance Industries to the Bombay High Court to uphold a memorandum of understanding that said RIL will supply the natural gas at $2.34 per million British thermal units to Anil Ambani.[22]
[edit] Reliance Retail
Reliance Retail is the retail business wing of the Reliance business. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out, Reliance Digital, Reliance Wellness, Reliance Trendz, Reliance Autozone, Reliance Super, Reliance Mart, Reliance iStore, Reliance Home Kitchens, and Reliance Jewel come under the Reliance Retail brand.[edit] Environmental record
Reliance Industry is the worlds largest polyester producer and as a result one of the largest producers of polyester waste in the world. In order to deal with this large amount of waste they had to create a way to recycle the waste. They operate the largest polyester recycling center that uses the polyester waste as a filling and stuffing. They use this process to develop a strong recycling process which won them a reward in the Team Excellence competition.[23]Reliance Industries backed a conference on environmental awareness in New Delhi in 2006. The conference was run by the Asia Pacific Jurist Association in partnership with the Ministry of Environment & Forests, Govt. of India and the Maharashtra Pollution Control Board. The conference was to help bring about new ideas and articles on various aspects of environmental protection in the region. Maharashtra Pollution Control Board invited various industries complied with the pollution control norms to take active part in the conference and to support as a sponsor. The conference proved effective as a way to promote environmental concern in the area.[24]
[edit] Awards & Recognition
- International Refiner of the Year in 2005 at the 23rd Annual Hart's World Refining and Fuels Conference [2]
[edit] Awards for managers
- Mukesh D. Ambani received the United States of America-India Business Council (USIBC) leadership award for "Global Vision" 2007 in Washington in July 2007.
- Mukesh D. Ambani was conferred the Asia Society Leadership Award by the Asia Society, Washington, USA, May 2004.
- Mukesh D. Ambani ranked 13th in Asia's Power 25 list of The Most Powerful People in Business published by Fortune magazine, August 2004.
- Mukesh D. Ambani is Economic Times Business Leader of the Year
- Mukesh Ambani was ranked as the 74th Most Trusted Individual in India in an early 2010 survey conducted by the Indian edition of Readers' Digest magazine.
[edit] See also
[edit] External links
- Official site
- Reliance's About us page
- Website For Reliance Retail Learning
- Reliance retail gets 'A' team in place
- Speech by Mr. Mukesh Ambani on Deshgujarat.com
- Mukesh Ambani Chairman of Reliance Industries.
- Reliance Industries Announces 1:1 Bonus Issue
[edit] References
- ^ http://http://www.ril.com/rportal1/DownloadLibUploads/1272026409625_Q4PR23042010.pdf
- ^ http://www.ril.com/html/investor/10_yearshighlight.html
- ^ http://www.ril.com/html/investor/10_yearshighlight.html
- ^ http://www.ril.com/html/investor/10_yearshighlight.html
- ^ http://www.ril.com/html/investor/10_yearshighlight.html
- ^ http://www.ril.com/html/investor/10_yearshighlight.html
- ^ [1]
- ^ http://timesofindia.indiatimes.com/RIL_among_worlds_100_most_respected_companies/articleshow/3453197.cms
- ^ "About us, Reliance Petroleum". http://www.reliancepetroleum.com/html/aboutus.html. Retrieved 2010-03-03.
- ^ "About us, Reliance Life Sciences". http://rellife.com/aboutus.html. Retrieved 2010-03-03.
- ^ "About us, Reliance Industrial Infrastructure". http://riil.in/. Retrieved 2010-03-03.
- ^ "About us, Reliance Institute of Life Sciences". http://www.rils.ac.in/html/aboutus.html. Retrieved 2010-03-03.
- ^ "About us, Reliance Logistics". http://reliancelogistics.com/html/aboutus/aboutus.html. Retrieved 2010-03-03.
- ^ "About us, Reliance Clinical Research Services". http://www.relclin.com/aboutus.htmll. Retrieved 2010-03-03.
- ^ "About us, Reliance Solar". http://relsolar.com/aboutus.html. Retrieved 2010-03-03.
- ^ "About us, Relicord". http://www.relicord.com/#. Retrieved 2010-03-03.
- ^ "Reliance Industries buys 95% stake in Infotel Broadband for Rs 4,800 cr". http://economictimes.indiatimes.com/news/news-by-industry/telecom/Reliance-Industries-buys-95-stake-in-Infotel-Broadband-for-Rs-4800-cr/articleshow/6037260.cms. Retrieved 11 Jun 2010.
- ^ rediff.com 2002 10 31 article on Reliance gas find
- ^ REL.co.in press release on gas find
- ^ Energy boost for India as Krishna-Godavari gas flows
- ^ rediff 2002 10 31 rel article on gas find
- ^ Telegraph India 2008 10 07 article on court case
- ^ Reliance Industries award
- ^ "Conference on "Environment-Awareness-Enforcement" New Delhi."
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Broad consensus on apex higher education regulator: Sibal Broad consensus has been reached on a draft bill aimed at creating an apex regulator for higher education in the country. Govt revises rules for MLA fund use The urban development department of the state government came out with comprehensive and revised norms on Friday to ensure better utilisation of MLA local area development (MLALAD) funds to help deliver infrastructure development to residents. Independent director selection may get easier THE government is planning to reform rules guiding the selection and appointment of independent directors in state-owned companies, a move aimed at instilling greater transparency and haste into a ponderous process. Miners may get some flexibility in offering relief to displaced The government could dilute a clause in a draft legislation that requires miners to offer a 26% stake to families losing land to projects so that companies have more flexibility while providing relief. Income tax benefits for new SEZs not possible: Revenue Sec Dashing industry's hopes for a rethink by on the proposal for doing away with I-T exemption for SEZs, Revenue Secretary said it's not possible. New tax slabs after studying inputs: Pranab Mukherjee Pranab Mukherjee said that the Centre would take a view on new tax slabs after receiving inputs from different stakeholders on the revised draft of the Direct Taxes Code (DTC). RBI: will keep to calibrated policy exit Inflation is getting more generalised and demand-side pressures are building, but a calibrated exit from loose monetary policy remains the central bank's stance for now. Immediate rate hike by RBI unlikely: Gajendra Nagpal, Unicon Financial Solutions Gajendra Nagpal, CEO, Unicon Financial Solutions, in a chat with ET Now talks about the anticipated rate hike by RBI. HRA not a right but a compensatory allowance: HC A government employee is not entitled to claim house rent allowance (HRA) as a matter of right, the Delhi High Court has held, saying that it is compensatory allowance paid in exchange of accommodation facilities.
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UPA-II : Searching for direction
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Reliance AGM 2010
Posted on 18 June 2010
But the interesting part of this Reliance Annual General Meeting was, younger brother of Mukesh Ambani was not there in the meeting. The name of this younger brother is Anil Ambani. Still unknown that why he did not attend the meeting but it was an opinion of most of the people that they will see the reunion of brothers in this year's Annual General Meeting of the company.
Reliance called its first Annual General Meeting this year after 2005 when a verdict had been given by Supreme Court. It was the same forum in year 2005 when people heard the news of demerged of both the brothers as they had separated the business of their father in the Annual General Meeting of year 2005. Now it was being considered by many that brothers will announce to combine their business once again but we did not see Anil Ambani in the Annual General Meeting of Reliance today.
Speech of Mukesh Ambani today was started by recalling the vision of his late father who wanted to build a reputed and world class enterprise. Share price of the company dropped to Rs. 1,069 which is 0.21 percent decline today.
http://economictimes.indiatimes.com/articleshow/6065859.cms
http://news.puggal.com/reliance-agm-43042/
Reliance Industries' 36th AGM: Analysts views
Following are comments from analysts:
ARUN KEJRIWAL, DIRECTOR OF RESEARCH FIRM KRIS IN MUMBAI: "There were a lot of unrealistic expectations built around Reliance AGM. The hype is now fading, which is reflected in the share price movement."
NITIN ZAMRE, MANAGING DIRECTOR AT CONSULTANCY ICF INTERNATIONAL, NEW DELHI: "The AGM is on expected line. The two brothers coming together throws open opportunity for both RIL and ADAG, but more for RIL. "Given the fact Reliance has core competency in building very large projects, power is the next opportunity mainly ultra mega power Projects, data management and shale gas."
GAJENDRA NAGPAL, CEO OF UNICON FINANCIAL, NEW DELHI: On expansion into power: "They are sitting on so much cash. It's a natural extension of Reliance's business of energy. To that extent, it seems like a well thought of move. I am extremely bullish on the counter in the long run. He is absolutely making all the right moves." On share movement: "Expectations are slowly tickling down. I see no reason why shares should fall now. It's just profit taking. "One would want to hear about his financial services foray. That also seems like a big opportunity."
K.K. MITAL, HEAD OF PORTFOLIO MANAGEMENT SERVICES, GLOBE CAPITAL, NEW DELHI: "Mukesh's vision is quite clear. He wants to concentrate on 4G spectrum; he wants to concentrate on power. He wants to do global acquisitions. "There were lot of speculations that Reliance Industries may buy a stake in Reliance Communications; Mukesh may support Anil's Reliance Power. "There were also speculation that Anil Ambani might turn up at the AGM. But let's remember that this is just the beginning. Going forward there will be many more opportunities (for tie up between the brothers)"
TEJAS DOSHI, HEAD OF RESEARCH, SUSHIL FINANCE IN MUMBAI: "People had built unrealistic expectations that there would be big-bang announcements at the meeting. "The disappointment is showing in the stock price of the companies led by both Ambani brothers."
SUSHANT GUPTA, SENIOR ANALYST WITH WOOD MACKENZIE, SINGAPORE: "Refinery-wise they are the most competitive in the region. If you look at refining margins, there is a downward trend which I expect to continue for at least next few years. "Even companies like Reliance are finding it challenging to push products in the global markets at better margins. Reliance should diversify and step up focus on petrochemical sector, which is one of the major contributory to its profit."
MITEN MEHTA, FUND MANAGER BELLWETHER CAPITAL, MUMBAI: "Mukesh Ambani words were more or less expected after the end of the non-compete agreement. In fact there were more expectations than what was actually announced. Reliance Industries needs to get into other areas now and power is an obvious choice for them."
GUL TECKCHANDANI, INDEPENDENT ANALYST, MUMBAI: "His announcements on the power sector sound good. Mukesh has the record of being conservative in his announcements but delivering on what he says. "India needs more power and the more people that enter the sector, the better."
Essentially what Mukesh has signalled today is that we are not going to be trading on each others' stores. We have our domain cut out. We are going to be thinking big in power but it will be nuclear, it will be hydel, it will be the cleaner coal based projects.
Guru (2007 film)
From Wikipedia, the free encyclopedia
Guru | |
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Movie poster for Guru | |
Directed by | Mani Ratnam |
Produced by | Mani Ratnam G. Srinivasan |
Written by | Mani Ratnam Vijay Krishna Acharya |
Starring | Abhishek Bachchan Aishwarya Rai Bachchan Mithun Chakraborty Vidya Balan Madhavan |
Music by | A. R. Rahman |
Cinematography | Rajiv Menon |
Editing by | A. Sreekar Prasad |
Distributed by | Madras Talkies Kaleidoscope Entertainment |
Release date(s) | 12 January 2007 |
Country | India |
Language | Hindi |
Gross revenue | $24,108,727 [1] |
Contents[hide] |
[edit] Synopsis
In a small village of Idar in Sabarkantha District North Gujarat, a young man dreams of making it big some day. His father (Rajendra Gupta), the headmaster of the village school, tells him that dreams never come true. Gurukant Desai (Abhishek Bachchan) decides to go to Turkey and enters the spice trade and then later is promoted but refuses the job because he wants to work for himself and not another man.Manik Dasgupta a.k.a. Nanaji (Mithun Chakraborty), who publishes a newspaper Swatantra, treats Guru as his son. Guru likewise looks to him as a father figure who gives him support during his early struggling days in Bombay. He also develops a strong friendship with his granddaughter, Meenu (Vidya Balan). Meenu develops multiple sclerosis as she grows up, and begins using a wheelchair later on in the film.
As Gurukant Desai's business grows into one of the largest in India, he ruthlessly pursues success. He smuggles in parts for his polyester mills, illegally creates goods, and manipulates stocks to make a higher profit. But when Manik Dasgupta learns that Guru's means of success are not always honest, he, along with a reporter of his newspaper, Shyam (Madhavan), decide to expose Guru's increasingly corrupt ways.
The stress of his battle with the newspaper causes Guru to have a stroke, and he is paralyzed on his right side. Meanwhile, Meenu (Vidya Balan), who is now married to Shyam, is slowly weakening from her illness, and eventually dies. In the end, Guru is brought before a government inquiry into his unethical actions, but he persuades the panel to clear him of most of the charges. He is charged with less allegations and is allowed to return to his company, and the film ends with Guru continuing to dream of the future, and even greater success.
[edit] Production
Guru was written and directed by Mani Ratnam, while Vijay Krishna Acharya wrote the Hindi dialogues. Shooting for the film took place in Mumbai, Turkey, Badami and Melkote (both in Karnataka), as well as in Chennai, Pollachi, Madurai, Chettinad region Tamil Nadu, and Athirapilly in Kerala. Much of the film was shot on the Express Estates, the former home of The New Indian Express and Dinamani. During one musical number, Aishwarya Rai fell from a bicycle and received bruises on her hands and feet. Filming had to be suspended for a few hours while she received first aid[6] and the number was cut from the film and eventually replaced with "Barso Re".[7] The music is composed by A. R. Rahman, with lyrics by Gulzar. Cinematography for the film is handled by Rajiv Menon.[8] Several scenes were deleted from the final theatrical version, including a scene in which Sujata first gives birth to a stillborn child and a scene in which Guru becomes angry with Sujata for visiting Manik Dasgupta.Guru has others involved in the production as a film that is reflective of a man's desire for ambition and success, and how times have changed from the period immediately after the country's independence to the present. Some reports have speculated that this film is a biopic of, one of India's biggest industrial tycoons, Dhirubhai Ambani. Like Guru, Ambani also had roots in Gujarat as the son of a schoolteacher, went abroad to work for the gas company Shell, and returned to India to import polyester.[9] Ratnam has described Guru as inspired by stories both past and present.
[edit] Cast
- Abhishek Bachchan ... Gurukant Desai
- Aishwarya Rai Bachchan ... Sujata Desai
- Mithun Chakraborty ... Manik Dasgupta
- R. Madhavan ... Shyam Saxena
- Vidya Balan ... Meenakshi "Meenu" Saxena (Jalkukdi)
- Arya Babbar ... Jignesh
- Roshan Seth ... Judge
- Mallika Sherawat ... Jumpa
[edit] Soundtrack
[edit] Response
[edit] Box office
Guru opened well upon release, gaining momentum as the days went by.[10] In the United States, Guru, opening on a limited release, registered very good collections in its opening weekend, fetching 3 crores during this period, with a very high screen average.[11] By its seventh week, the film has netted 41.65 crores in India,[12] collecting 13 crores in the U.S. and the U.K..[13] As of 23 February 2007 Guru, released 12 January has grossed approximately Rs.80 crores across the world.[14][edit] Reviews
Guru has generally received good reviews. The New York Times said of the film "You might think it would be difficult to fashion an entertaining account of the life of a polyester manufacturer, even a fictitious one. But the Tamil director Mani Ratnam, known for intelligent political dramas, has done so with "Guru," an epic paean to can-do spirit and Mumbai capitalism."[15] The New York Post gave it three out of four stars, and the Los Angeles Weekly called it the best Hindi film since Lagaan: Once Upon a Time in India.[16] Richard Corliss of TIME Magazine compared the film to Frank Capra's It's a Wonderful Life and said that one of the main highlights of the film was its climax. He further noted "For movies to celebrate an entrepreneur is rare..."[17] Taran Adarsh of IndiaFM.com claimed in his review that "Guru ranks as one of Mani Ratnam's finest efforts and one of the best to come out of Hindi cinema,"[18] but also claimed there were "under developed characterisations of Shyam Saxena and Meenu", played by R. Madhavan and Vidya Balan respectively. Praising both the actors for their performances in the film, he added "Madhavan's role could have been stronger and Vidya Balan also suffers due to a weak characterisation", something Raja Sen of Rediff.com agreed with.[19] Sen also said that "the point in the end when Gurukant Desai vociferously likens himself and his fight for more to Mahatma Gandhi's freedom struggle was ridiculous." Khalid Mohammad questioned what he viewed as the message at the end, asking "as long as public welfare is on the agenda, it doesn't matter if you use bribes and cross legal limits?."[20] Abhishek Bachchan received almost unanimous praise for his performance while Aishwarya Rai also garnered good feedback.[edit] Awards
Filmfare Awards- Winner - Best Art Direction - Samir Chanda
- Winner - Best Background Score - A. R. Rahman
- Winner - Best Music - A. R. Rahman
- Winner - Best Choreography - Saroj Khan for "Barso Re"
- Winner - Best Playback Singer (Female) - Shreya Ghoshal for "Barso Re"
- Nominated - Best Film - Mani Ratnam
- Nominated - Best Director - Mani Ratnam
- Nominated - Best Actor - Abhishek Bachchan
- Nominated - Best Actress - Aishwarya Rai
- Nominated - Best Supporting Actor - Mithun Chakraborty
- Nominated - Best Lyrics - Gulzar for "Tere Bina"
- Nominated - Best Playback Singer (Male) - A. R. Rahman
[edit] References
- ^ http://www.boxofficemojo.com/movies/?id=guru07.htm
- ^ http://timesofindia.indiatimes.com/articleshow/msid-1186226,prtpage-1.cms
- ^ K, Sangeetha Devi (2007-05-01). "Regional films are more rooted". The Hindu. http://www.hinduonnet.com/thehindu/thscrip/print.pl?file=2007010501040100.htm&date=2007/01/05/&prd=fr&. Retrieved 2009-02-27.
- ^ Canadian Press (2007-01-11). "Thousands attend 'Guru' premiere". Toronto Star. http://www.thestar.com/News/article/170274. Retrieved 2008-08-15.
- ^ "Canada mayor invites 'Guru' crew for world premiere". Indo-Asian News Service. http://mangalorean.com/news.php?newstype=local&newsid=37940. Retrieved 10 January 2007.
- ^ Jha, Subhash K. (2006-04-25). "Ash is back!". Times of India. http://timesofindia.indiatimes.com/articleshow/1504315.cms. Retrieved 2009-02-27.
- ^ "Rahman on how the music of Guru was born". The Telegraph. http://www.telegraphindia.com/1061222/asp/etc/story_7144101.asp. Retrieved 18 February 2007.
- ^ "Guru". Guru production. http://www.rogernairproductions.com.
- ^ Mukherjee, Krittivas. "Rags-to-riches story". http://www.star-ecentral.com/news/story.asp?file=/2007/1/17/movies/16534800&sec=movies. Retrieved 2009-02-27.
- ^ "Indian B.O.: 'Guru' strong in parts". IndiaFM. http://www.indiafm.com/trade/business_talk/250.html. Retrieved 18 February 2007.
- ^ "Overseas: 'Guru' is a smash hit". IndiaFM. http://www.indiafm.com/trade/overseas_boxoffice/140.html. Retrieved 18 February 2007.
- ^ "Domestic Box Office". IBOSNetwork. http://www.ibosnetwork.coml. Retrieved 18 February 2007.
- ^ "Overseas: Realism bites the dust". IndiaFM. http://www.indiafm.com/trade/overseas_boxoffice/144.html. Retrieved 18 February 2007.
- ^ Glamsham: Like Guru, Mani knew 'Guru' would be a hit
- ^ Webster, Andy (2007-01-15). "Polyester and Power at Play for a Mogul and His India". NYTimes.com. http://movies2.nytimes.com/2007/01/15/movies/15guru.html. Retrieved 2007-02-09.
- ^ Times, Hindustan (2007-01-17). "Guru opens with a big bang in the U.S.". Hindustan Times. http://www.hindustantimes.com/news/181_1902491,001100030009.htm. Retrieved 2007-01-17.
- ^ Corliss, Richard (2007-01-12). "Guru - Review". TIME Magazine. http://www.time.com/time/arts/article/0,8599,1578636-3,00.html. Retrieved 2007-02-09.
- ^ Adarsh, Taran (2007-01-12). "Guru". IndiaFM. http://www.indiafm.com/movies/review/12838/index.html. Retrieved 2007-01-17.
- ^ Sen, Raja (2007-01-17). "Guru". Rediff. http://www.rediff.com/movies/2007/jan/12guru.htm. Retrieved 2007-01-12.
- ^ "Good value for Mani". Paper. 2007-01-12.
[edit] External links
- Guru at the Internet Movie Database
- Guru at Box Office Mojo
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