Latest news with #UDCT
India.com
a day ago
- Business
- India.com
Mukesh Ambani gives Rs 1510000000 ‘Guru Dakshina' to…, he didn't take admission in IIT-Bombay because…
Reliance Industries Chairman and Managing Director, Mukesh Ambani, has announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology (ICT), Mumbai, his alma mater from the 1970s. On Friday, Ambani spent over three hours at the institute, formerly known as the University Department of Chemical Technology (UDCT), attending an event to unveil Divine Scientist , the biography of Professor MM Sharma. When speaking of 'Guru Dakshina', Ambani announced the unconditional grant of Rs 151 crore to ICT according to the instructions of Prof. Sharma. Why Didn't Mukesh Ambani Choose IIT-Bombay? Ambani said, 'Coming to the UDCT campus always feels like visiting a sacred temple. Professor Sharma, I honor you as my most respected teacher, my guide, and a source of inspiration.' Praising Patil, he added, 'Writing about the life of a great personality like Sharma is an immensely challenging task.' Talking about his decision, Ambani said, 'I chose UDCT over IIT-Bombay.' He shared that his decision became firm after attending Sharma's first lecture. 'I realized he was an alchemist not of metals, but of minds. He possesses the ability to transform curiosity into knowledge, knowledge into commercial value, and both knowledge and commercial value into everlasting wisdom.' Ambani credited Professor Sharma for the growth of India's chemical industry and referred to him as the 'National Guru.' Prof. Sharma impressed upon the policymakers that the only way for India to grow was to unshackle Indian industry from license-permit-raj which will allow Indian players to build scale, reduce dependence on imports and compete globally. 'Like my father Dhirubhai Ambani, he had a burning desire to change Indian industry from scarcity to global leadership,' said Ambani. He further added, 'These two bold visionaries believed that science and technology, in alliance with private entrepreneurship, would open the floodgates of prosperity.' (With Inputs From ANI)
India.com
a day ago
- Business
- India.com
Who was MM Sharma, the teacher of Mukesh Ambani? Reliance chairman calls this man ‘The Guru of…:, he taught Mukesh Ambani to be…
Mukesh Ambani (File) Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd, has pledged an unconditional grant of Rs 151 crore to the Institute of Chemical Technology (ICT), Mumbai, his alma mater. Mukesh Ambani is a graduate of ICT from the 1970s. He was there for more than three hours at the institute, formerly known as the University Department of Chemical Technology (UDCT), on Friday. The occasion was for the release of the biography of Professor MM Sharma, titled Divine Scientist . Who Was MM Sharma? Crediting the rise of the Indian chemical industry to Sharma's efforts, Ambani, in his speech, referred to him as 'a Rashtra Guru ─ a Guru of Bharat'. Ambani reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Sharma later played the role of quiet architect of India's economic reforms. 'In the 80s, I used to call him a 'Bania Chemical Engineering Professor'—he taught us all to be Banias,' said Ambani. Sharma impressed upon the policymakers that the only way for India to grow was to unshackle Indian industry from license-permit-raj, which would allow Indian players to build scale, reduce dependence on imports and compete globally. 'Like my father Dhirubhai Ambani, he had a burning desire to change Indian industry from scarcity to global leadership,' said Ambani, adding that 'these two bold visionaries believed that science and technology, in alliance with private entrepreneurship, would open the floodgates of prosperity'. While speaking of 'Guru Dakshina', Ambani announced the unconditional grant of Rs 151 crore to ICT according to the instructions of Sharma. 'When he tells us something, we just listen. We don't think. He told me 'Mukesh you have to do something big for ICT, and I am very pleased to announce that for Prof Sharma,' Ambani said while referring to the grant. (With Input From Agencies)
India.com
2 days ago
- Business
- India.com
Mukesh Ambani reveals why he didn't take admission in..., donates Rs 151 crore to....
Mukesh Ambani reveals why he didn't take admission in…, donates Rs 151 crore to… New Delhi: One of the most richest men in the world Mukesh Ambani has recently donated a hopping whopping amount of Rs 151 crore to the prestigious Institute of Chemical Technology (ICT), making it the biggest donation in the history of the institute. Notably, the chairman of the country's most valuable company – Reliance Industries – studied at the institute. Earlier known as the University Department of Chemical Technology (UDCT), the ICT was established in the year 1933 by the University of Bombay. It was given the status of a deemed university in 2008 and subsequently renamed as ICT. Ambani announced the donation at the launch of Anita Patil's book 'The Divine Scientist'. The book is based on the life of Padma Vibhushan Professor Man Mohan Sharma. Many students consider him to be the greatest guru of Indian chemical engineering. While speaking about Guru Dakshina, the Reliance Chairman discussed several topics and announced a donation of Rs 151 crore to the institute at the behest of Sharma. 'When they tell us something, we just listen. They told me, 'Mukesh, you have to do something big for ICT', and I am happy to announce that it is for Professor Sharma,' Ambani said. Why Did You Not Go To IIT-Bombay Responding to the question, why did you not go to IIT-Bombay? Ambani stated, 'Visiting the UDCT campus always feels like visiting a sacred temple. Professor Sharma, I regard you as my most respected Guru, my guide and source of inspiration.' He recalled his fond memories of the institute and also praised Patil, saying, 'It is a very difficult task to write the life of a great man like Sharma.' I chose UDCT over IIT -Bombay.' Ambani stated that Sharma's inaugural lecture solidified his belief in Sharma's exceptional abilities. He described Sharma as a transformative figure, capable of converting curiosity into practical knowledge, then into profitable ventures, and finally into enduring wisdom. Ambani attributed major growth within India's chemical sector to Sharma bestowing upon him the title of 'Rashtra Guru' (national teacher).
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Business Standard
3 days ago
- Business
- Business Standard
Mukesh Ambani offers ₹151 cr 'Guru Dakshina' to honour ICT mentor
Ambani reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Sharma later played the role of quiet architect of India's economic reforms Press Trust of India New Delhi Reliance Industries Ltd chairman and managing director Mukesh Ambani announced an unconditional grant of Rs 151 crore to his alma mater the Institute of Chemical Technology, Mumbai. Ambani had graduated from ICT in the 1970s. He spent over three hours on Friday at ICT which back then was called the University Department of Chemical Technology (UDCT) at a function to publish Professor MM Sharma's biography 'Divine Scientist'. Ambani reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Sharma later played the role of quiet architect of India's economic reforms. Sharma impressed upon the policymakers that the only way for India to grow was to unshackle Indian industry from license-permit-raj, which would allow Indian players to build scale, reduce dependence on imports and compete globally. "Like my father Dhirubhai Ambani, he had a burning desire to change Indian industry from scarcity to global leadership," said Ambani, adding that "these two bold visionaries believed that science and technology, in alliance with private entrepreneurship, would open the floodgates of prosperity". Crediting the rise of the Indian chemical industry to Sharma's efforts, Ambani, in his speech, referred to him as 'a Rashtra Guru - a Guru of Bharat'. While speaking of 'Guru Dakshina', Ambani announced the unconditional grant of Rs 151 crore to ICT according to the instructions of Sharma. "When he tells us something, we just listen. We don't think. He told me Mukesh you have to do something big for ICT, and I am very pleased to announce that for Prof Sharma," Ambani said while referring to the grant.
Mint
3 days ago
- Business
- Mint
‘My father had a burning desire…': Mukesh Ambani donates ₹151 crore to his Alma Mater ICT Mumbai
Mukesh Ambani, Chairman and Managing Director, Reliance Industries announced an unconditional grant of ₹ 151 crore to the Institute of Chemical Technology, Mumbai, from where he graduated in the 1970s. Ambani spent over three hours on Friday at the institute (ICT), which back then was called the University Department of Chemical Technology (UDCT). He was there to attend the function to publish Professor MM Sharma's biography titled 'Divine Scientist'. He also reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Prof. Sharma later played a role of quiet architect of India's economic reforms. Prof. Sharma impressed upon the policymakers that the only way for India to grow was to unshackle Indian industry from license-permit-raj which will allow Indian players to build scale, reduce dependence on imports and compete globally. "Like my father Dhirubhai Ambani, he had a burning desire to change Indian industry from scarcity to global leadership," said Ambani. He further added, "These two bold visionaries believed that science and technology, in alliance with private entrepreneurship, would open the floodgates of prosperity." Crediting the rise of Indian chemical industry to Prof Sharma's efforts, Ambani in his speech also referred him as 'a Rashtra Guru - a Guru of Bharat'. When speaking of 'Guru Dakshina', Ambani announced the unconditional grant of ₹ 151 crore to ICT according to the instructions of Prof. Sharma.
