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The '<keyword id="22401907" type="General" weightage="20" keywordseo="Shubh-Ashirwad" source="keywords">Shubh Ashirwad</keyword>' ceremony of Anant Amband <keyword id="20178843" type="General" weightage="20" keywordseo="Radhika-Merchant" source="keywords">Radhika Merchant</keyword> witnessed a heartwarming moment between <keyword id="22407509" type="General" weightage="20" keywordseo="Bollywood-legends" source="keywords">Bollywood legends</keyword> <keyword id="19898963" type="General" weightage="100" keywordseo="Amitabh-Bachchan" source="keywords">Amitabh Bachchan</keyword> and <keyword id="19961922" type="General" weightage="20" keywordseo="Rajinikanth" source="keywords">Rajinikanth</keyword>, capturing the essence of camaraderie amidst grandeur. Superstars Amitabh Bachchan and Rajinikanth, two legends of Indian cinema, rekindled their bond at the Jio World Convention Centre in Mumbai during the <keyword id="19961500" type="General" weightage="20" keywordseo="wedding-festivities" source="keywords">wedding festivities</keyword> of <keyword id="20178842" type="General" weightage="20" keywordseo="Anant-Ambani" source="keywords">Anant Ambani</keyword> and Radhika Merchant. Viral photos and videos from the event showcase a poignant moment where Rajinikanth, approached Amitabh Bachchan with the intention of touching his feet as a mark of respect. However, Amitabh Bachchan halted Rajinikanth's gesture and instead embraced him warmly, showcasing their deep mutual respect and friendship. The reunion of Amitabh Bachchan and Rajinikanth holds special significance as they last collaborated 32 years ago in the blockbuster film 'Hum'. Fans have eagerly anticipated their on-screen reunion in the upcoming Tamil movie 'Vettaiyan', further amplifying the excitement surrounding their heartfelt encounter at the <keyword id="6508014" type="General" weightage="20" keywordseo="ambani-wedding" source="Orion">Ambani wedding</keyword>. Anant <keyword id="19898589" type="General" weightage="20" keywordseo="ambani" source="keywords">Ambani</keyword> and Radhika Merchant's wedding festivities have been a spectacle, attended by a constellation of celebrities from Bollywood, business, and international spheres. The 'Shubh Aashirwad' ceremony on July 13 marked another chapter in their lavish celebrations, with prominent personalities like Shah Rukh Khan, Gauri Khan, Salman Khan, Alia Bhatt, and Ranbir Kapoor gracing the occasion. Radhika Merchant, bedecked in exquisite attire designed by Manish Malhotra, continued to captivate with her impeccable style throughout the festivities. Anant and Radhika's wedding celebrations continue with the upcoming 'Mangal Utsav' wedding reception on July 14.

Amitabh Bachchan, Rajinikanth's bonding moment goes viral at Anant-Radhika's 'Shubh Ashirwad' ceremony

New Delhi, India's top billionaires, including Gautam Adani and Sunil Bharti Mittal, mega stars from film industry such as Amitabh Bachchan and Shahrukh Khan and cricketing icons from Sachin Tendulkar to M S Dhoni are among those invited for pre-wedding celebrations of Mukesh Ambani's youngest son, Anant early next month. Ahead of the wedding ceremony in July, guests from around the world have been invited to three-day pre-wedding festivities beginning March 1, at Gujarat's Jamnagar, which houses Ambani's mega oil refineries. Anant Ambani, the youngest of the three children Mukesh Ambani and Nita Ambani have, is set to marry Radhika Merchant - the younger daughter of <keyword id="20720133" type="General" weightage="20" keywordseo="viren-merchant" source="keywords">Viren Merchant</keyword>, CEO of Encore Healthcare, and entrepreneur Shaila Merchant. With Jamnagar not having five-star hotels, ultra-luxury tents housing best of facilities, including tiled bathrooms are being erected for the guests. The guest list includes international business leaders like Meta CEO Mark Zuckerberg, Microsoft founder Bill Gates, Alphabet CEO Sundar Pichai, Adobe CEO Shantanu Narayen, Walt Disney CEO Bob Iger, BlackRock CEO Larry Fink, Adnoc CEO Sultan Ahmed Al Jaber, and EL Rothschild chair Lynn Forester de Rothschild, sources said. Indian business magnates invited include Gautam Adani and family, Tata Sons chairman Natarajan Chandrasekaran , Aditya Birla Group Chairperson Kumar Mangalam Birla, and his family, Godrej family, Infosys chairman Nandan Nilekani, RPSG Group head Sanjiv Goenka, Wipro's Rishad Premji, banker <keyword id="19998917" type="General" weightage="20" keywordseo="uday-kotak" source="keywords">Uday Kotak</keyword>, vaccine maker Serum Institute of India CEO Adar Poonawalla, Airtel chairman Sunil Mittal, Hero's Pawan Munjal, Roshni Nadar of HCL, Zerodha co-founder Nikhil Kamath, entrepreneur Ronnie Screwvala and Sun Pharma's Dilip Sanghi. Top cricketers, including Sachin Tendulkar and family, MS Dhoni and family, Rohit Sharma, K L Rahul, Hardik and Krunal Pandya and Ishan Kishan too are on the invitee list. <keyword id="19897820" type="General" weightage="20" keywordseo="bollywood" source="keywords">Bollywood</keyword> will be represented by mega stars Amitabh Bachchan and family, Abhishek and Aishwarya Rai Bachchan, Shahrukh Khan and family, Amir Khan, Salman Khan, Akshay Kumar and Twinkle Khanna, Ajay Devgn and Kajol, Saif Ali Khan and family, Chunky Pandey, Ranveer Singh and Deepika Padukone, Ranbir Kapoor and Alia Bhatt and <keyword id="19895145" type="General" weightage="20" keywordseo="vicky-kaushal" source="keywords">Vicky Kaushal</keyword> and Katrina Kaif. Madhuri Dikshit and Sriram Nene, Aditya and Rani Chopra, Karan Johar, Boney Kapoor and family, Anil Kapoor and family, <keyword id="19946417" type="General" weightage="20" keywordseo="varun-dhawan" source="keywords">Varun Dhawan</keyword>, Sidharth Malhotra, Shraddha Kapoor and Karisma Kapoor, Rajnikanth and family are are on the invitee list. The three-day-long event will be themed, according to 'Event Guide' sent to the invitees. Chartered flights have been arranged to ferry guests from Delhi and Mumbai to Jamnagar and back. Guests are expected to arrive by mid-day on March 1. Hollywood pop-icon Rihanna, along with Diljit Dosanjh and others, will enthrall the guests with their performances. Day 1 celebrations are called 'An Evening in Everland' where guests are expected to wear elegant cocktail attire. Day 2 will host 'A Walk on the Wildside' with 'jungle fever' being the suggested dress code. It is set to be held outdoors in the Ambanis' animal rescue centre in Jamnagar. The guests will then proceed to 'Mela Rouge' which will be a potpourri of desi activities and the guests will wear their favourite south Asian attires. For Day 3, two events - 'Tusker Trails' and 'Hashtakshar' are planned. The first event will be an outdoor affair where the guests will enjoy the natural beauty of Jamnagar and for the last and final event, they'll be dressed in 'heritage Indian Wear'. All the guests will be provided with personal laundry services, saree drapers and other custom assistance, the nine-page event guide said.

Billionaires to Bollywood: All invited to Anant Ambani's pre-wedding festivities

Anant Ambani and Radhika Merchant's wedding is set to be one of the most iconic wedding bashes of the year. After two luxurious pre-wedding events, the main wedding celebrations will finally happen this week from July 12th to July 14th at the Jio Convention Centre in BKC, Mumbai. The events start on Friday, July 12th, with the main wedding ceremony called Shubh Vivah. On Saturday, July 13th, there will be a ceremony called Shubh Aashirwad to seek blessings for the couple. The celebrations will end on Sunday, July 14th, with a big wedding reception known as the Mangal Utsav. Here’s everything you need to know about the Radhika merchant and Anant <keyword id="6508014" type="General" weightage="20" keywordseo="Ambani-wedding" source="Orion">Ambani wedding</keyword>: <h2>Expected performances</h2>From Rihanna performing at the pre-wedding event in March to Justin Bieber at the Sangeet ceremony, everyone is curious about who will perform at the main wedding festivities. According to media reports, <a href="https://www.businessinsider.in/entertainment/news/adele-drake-and-lana-line-up-to-perform-at-anant-ambani-and-radhika-merchants-wedding-in-mumbai/articleshow/111480856.cms">Adele, Drake, and Lana Del Rey will perform in Mumbai</a> from July 12th to 14th. Additionally, as per Hindustan Times, Indian singers like Sonu Nigam, Shankar Mahadevan, Hariharan, Shreya Ghoshal, and Kaushiki Chakraborty are also expected to perform live at the wedding. They will sing some devotional songs and shlokas as well, including "Shri Krishna Govind Hare Murari" by Sonu Nigam. <h2>Guests list</h2>Mukesh Ambani and family have reportedly invited hundreds of prominent personalities from national and international business, political, and entertainment spaces, including politicians like Mohan Bhagwat, Rahul Gandhi, Sonia Gandhi, Eknath Shinde, the Thackeray family, and Fadnavis; Bollywood stars such as Salman Khan, Shah Rukh Khan, Aamir Khan, Amitabh Bachchan, Ranbir Kapoor, Alia Bhatt, Arjun Kapoor, Janhvi Kapoor, Sidharth Malhotra, Kiara Advani, Shahid Kapoor, Vicky Kaushal, among others. <h2>Food Menu</h2>At the pre-wedding celebrations in Jamnagar, many international dishes were also featured, and they are expected to be part of the wedding menu as well. The wedding menu has a special twist, as Nita Ambani personally chose delicacies from the famous Kaashi Chaat Bhandaar during a recent visit to Varanasi. Guests can look forward to street food favourites like tikki, tomato chaat, palak chaat, chana kachori, and kulfi for dessert. This is just one example of the delicious food. <h2>Traffic advisory issued by Mumbai Police ahead of Wedding</h2>The Mumbai Traffic Police has issued a traffic advisory for those travelling to BKC during the high-profile wedding of Anant Ambani and Radhika Merchant. <div type="twitter" handle="MTPHereToHelp" handlename="MTPHereToHelp" favoritecount="0" retweetcount="0" id="1809236631905247702"></div>“On July 5, 12th to 15th, a social program is being organised at the Jio World Convention Centre, BKC in the Bandra area of Mumbai. In order to avoid inconvenience to the people, vehicular traffic on the road leading towards the Jio Convention Centre needs to be diverted,” Mumbai Traffic Police said in a notification on social media. SEE ALSO: <a href="https://www.businessinsider.in/entertainment/news/a-closer-look-at-mosalu-and-mameru-ceremonies-before-anant-and-radhikas-wedding/articleshow/111510666.cms" data-type="tilCustomLink" target="_blank">A closer look at Mosalu and Mameru ceremonies before Anant and Radhika’s wedding</a>

Anant Ambani - Radhika Merchant wedding: Key details on performances, menu, guest list, and yes, the traffic advisory

<ul class="summary-list"><li>Asia's richest man is hosting a lavish wedding in Mumbai for his youngest son this weekend.</li><li>Local traffic police announce road closures, causing frustration among some Mumbai locals.</li></ul>Asia's richest man is throwing a <a target="_blank" class="" href="https://www.businessinsider.com/what-goes-into-planning-celebrity-wedding-ambani-india-millionaires-ceremony-2024-7">massive wedding</a> for his youngest son in Mumbai this weekend.Anant Ambani, son of <a target="_blank" class="" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Mukesh Ambani,</a> is set to wed Radhika Merchant in a lavish affair.It's expected to delight Bollywood celebrities, business leaders, and politicians who are all on the guest list. But one group of people are not pleased — city residents.Earlier this month, local traffic police posted a social media notice announcing road closures and diversions from Friday through Monday.The document, <a target="_blank" class="" href="https://x.com/MTPHereToHelp/status/1809236631905247702">posted</a> on X, noted that a large number of guests and VIPs would be in attendance and added that the measures were being taken "in order to avoid inconvenience" for guests. The notice and its wording, which also called the wedding a "public event" angered some locals who expressed their frustration on X, saying that Mumbai residents should not be disturbed so that a billionaire can throw a big party.Mumbai is seen as India's financial capital, and its Bandra Kurla Complex, where the wedding is taking place, is a major business district. The city is also the country's most populated, and traffic congestion is a headache for locals. Sonam Srivastava, CEO of Wright Research, whose office is adjacent to the Jio World Convention Centre, where the Ambani wedding is being held, told Business Insider that the venue has experienced "significant disruptions" due to traffic blockages. Srivastava added: "This situation has forced us to reschedule critical client meetings and events planned for these dates. It's alarming that traffic in such a prominent business district has come to a standstill, causing significant inconvenience to businesses, for a private event."The Ambani family hosted <a target="_blank" class="" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-performance-dress-code-party-billionaire-2024-3">pre-wedding parties</a> in Jamnagar in March, which were attended by some of the world's elite, including Bill Gates, Mark Zuckerberg, and Ivanka Trump.The Indian newspaper The Hindu Business Line <a target="_blank" class="" href="https://www.thehindubusinessline.com/news/variety/jamnagars-skies-jam-packed-with-sleek-jets-ferrying-ambani-guests/article67895288.ece">reported</a> at the time that about 150 planes descended into the local airport. An airport official told Business Line that the airport <a target="_blank" class="" href="https://www.businessinsider.com/ambani-wedding-rush-private-jets-prompts-extra-vip-passport-facility-2024-3">organized some extra capacity for the guests</a> by setting up a Customs, Immigration, and Quarantine center.

Asia's wedding of the year is seriously annoying locals in Mumbai

<div type="image" title="The RBI has cracked the regulatory whip on NBFCs and banks, who&amp;#39;ve been pushing microfinance and unsecured loans aggressively to grow their loan books." agency="ANI" msid="114778648" hostid="261" caption="&amp;lt;p&amp;gt;The RBI has cracked the regulatory whip on NBFCs and banks, who&amp;#39;ve been pushing microfinance and unsecured loans aggressively to grow their loan books.&amp;lt;/p&amp;gt;"></div> Imagine this. You have a younger sibling you’re mighty envious of. And why not? Unlike you, they seem to enjoy all the freedom and money in the world. They party like there’s no tomorrow, and here you are, stuck in a boring, ultra-disciplined but responsible routine that feels completely devoid of any independence, and mostly, funds. But of late, things are changing. This sibling is in massive trouble and just cannot escape the parent’s wrath anymore. Long story short, the party is over, and it is time to go back home. The rising defaults on this sibling’s part have now begun pulling the entire house down, thereby attracting the regulator’s ire. <h2>The Wild West of <keyword id="113684" type="General" weightage="20" keywordseo="microfinance" source="Orion">microfinance</keyword> and unsecured loans</h2>It's hard to ignore the issues with microfinance and unsecured loans in India. Many saw them as a small gamble and ignored the rising defaults much like the younger siblings’ tantrums, and now they find themselves in hot waters. The skyrocketing instances of non-payments aren't a micro-issue anymore and are threatening the stability of the entire banking system. In the quarter ended September 30, 2024, 5 of India’s 8 largest private sector <keyword id="19934118" type="General" weightage="20" keywordseo="banks" source="keywords">banks</keyword> reported a steep rise in their bad loan book, mostly thanks to microfinance loans. Some banks, in a bid to strengthen their fortress against these <keyword id="142154" type="General" weightage="100" keywordseo="bad-loans" source="Orion">bad loans</keyword>, have significantly upped their provisions. For instance, IndusInd Bank set aside Rs 525 crore during July and September 2024 to battle the menace of defaults on microfinance loans, which make up about 9% of its total loan book. See, banks rely heavily on their interest income, which they earn from advancing loans. Any loan where the borrower has not paid interest to the bank or defaulted for 90 days or more becomes bad, i.e. an NPA, or non-performing asset for the bank. And who likes things going bad? Simply put, there has been a steep rise in three areas, much to the dislike of banks and MFIs (micro-finance institutions). But hey, it's mostly their doing! <ol><li>GNPA ratio (gross net performing assets): The quantum of non-performing assets a bank has in proportion to its total assets.</li><li>Provision: The amount banks set aside to take care of such NPAs.</li><li>Slippage ratio: The rate at which good girls go bad, or the speed at which good loans turn into NPAs</li></ol>But how are these plaguing the Indian banking sector? And what does the road ahead look like? We decode it for you. <h2> Microfinance: A not-so-micro-menace</h2>Microfinance loans were initially brought forth for low-income households and individuals i.e. for those who might not generally have access to traditional ways of credit, like bank loans and more. They don’t require collateral or an asset to be pledged in lieu of the loan, making it a tad bit easier for borrowers. As of June 2024, the amount of outstanding loans in the microfinance industry stood at a staggering Rs 4,20,256 crore. Of this, NBFC-MFIs accounted for 40% and banks made for 33% of these. In 2022, RBI, in a bid to inspire some competition in this space, did something radical-they did away with the ceiling on how much interest MFIs could charge their customers. Previously, MFIs could add up to 12% to their cost of acquiring funds to determine the final interest rate chargeable to the consumer. So, assuming that Bank A incurs a 5% cost to acquire funds for further loaning, A could charge up to 17% interest from the end consumer. So, interest rates were in the hands of MFIs, and boy, did they have a gala time with it. Instead of spurring some healthy competition, as RBI expected, MFIs and banks went rogue and all guns blazing, competing for the title of “Who will charge the highest interest?” Recently, RBI banned 4 microfinance institutions (MFIs), namely Asirvad Micro Finance Limited, Arohan Financial Services Limited, DMI Finance Private Limited, and <keyword id="20117932" type="General" weightage="20" keywordseo="navi-finserv" source="keywords">Navi Finserv</keyword> from disbursing loans effective October 21, 2024. Why? Because they were charging 14% extra interest over their original cost of funds. To maintain their loan books (and pockets), banks and NBFCs resorted to shady practices like netting off loans, which RBI has now advised MFIs against. Here, lenders allow borrowers to settle a previous outstanding loan by issuing them a new loan! As crazy as it sounds, it helped banks to report less of their total assets as NPAs, since the new credit would cover pending instalments of the borrower’s previous loan. Then there was the issue of borrowers overleveraging, i.e. taking multiple loans using different IDs from various lenders and then failing to honour any of them. The consequence? Banks and NBFCs end up with massive NPAs. Data from credit bureaus suggests that over the last quarter, there was a 17.2% rise in the number of borrowers who had 5 or more active loans at the same time. <h2>Growth &gt; Caution</h2>It's an age-old tale unfolding yet again in India’s banking sector- Icarus flew too close to the sun and eventually, fell to its death. Between April and June 2024, NBFCs microfinance portfolio jumped by 2.7%. If you see this in terms of loan sources, microfinance loans issued by banks grew by 11.2% in Q1FY25. But the same portfolio in NBFCs swelled by almost double-23.9%. While most of these loans had an average ticket size between Rs 30,000-50,000, there was a sharp spike in the number of loans that had a ticket size of Rs 80,000 or more. Data suggests that as of March 2024, more than 12% of all microfinance borrowers had over 4 or more active loans. In dating parlance, this is a classic case of borrowers going polyamorous, minus the honesty and transparency. Not the best of situations, you'd agree! <h2>Will banks and NBFCs stand up to this stress?</h2>If their results for Q2FY25 are to be believed, NBFCs are not handling the pressure all that well. Or even slightly well. Only a few banks like Bank of Baroda (BoB), ICICI, and Indian Bank were up for the battle, even witnessing a decline in their loan delinquencies. Some others, like IndusInd Bank, saw their stock dip by a massive 16.2% over the last 5 days. Its slippages in the previous quarter burgeoned from Rs 15.3 billion in Q1FY25 to Rs 17.9 billion in Q2. As a result, the bank pushed a staggeringly high amount of money to create an NPA cushion for itself. While its management has highlighted its preference for secured lending, that was hardly reflected in its actions during the quarter, where growth in unsecured personal loans remained exceptionally high at over 7% on a QoQ basis. Turns out, only 44% of customers in IndusInd Banks’ microfinance loan portfolio were exclusive to it. The rest 47% were, you guessed it right-polyamorous! 27% had borrowed from another lender as well, apart from IndusInd Bank, while 20% were those who had outstanding loans with two other lenders, apart from IndusInd Bank. IndusInd Bank’s credit card segment did not miss the NPA bus and accounted for 7-8% of its GNPAs. Canara Bank’s total slippages during the previous quarter jumped to Rs 11.1 billion, up by 24.7% QoQ, and making up for 3.6% of its total loans. As for Bandhan Bank, its gross NPA for Q2FY25 inched up on a QoQ basis, up from 4.23% in Q1, to 4.68% in the second quarter. IDFC Bank’s heavy provisioning for its NPAs marred its profits significantly, causing its PAT (profit after tax) to dip by 73% on a YoY basis. Data from ICRA Analytics suggest that the AUM (asset under management) growth in microfinance loans and unsecured (personal and business) loans by the NBFCs will moderate to 10-12% and 19-21%, respectively, in FY2025 compared to 30% and 38%, in FY2024. Says A M Karthik, Senior Vice President &amp; Co-Group Head, Financial Sector Ratings, ICRA, “As bank funds constitute a larger share in the overall funding of NBFCs, a slower credit flow from banks to the NBFCs will compress their AUM growth. The NBFCs in unsecured and digital lending businesses shall face a higher squeeze in funding compared to others, and the unsecured lending space will continue to be a source of stress in the near term.” There has been uninhibited growth in <keyword id="6051027" type="General" weightage="20" keywordseo="Unsecured-loan" source="Orion">unsecured loan</keyword>s, apart from just the microfinance segment. For instance, Axis Bank’s gross slippages jumped by Rs 4,443 crore, largely thanks to its unsecured business. The same is the case with Yes Bank, which saw 35–40% of its retail slippages emerging from the unsecured loan portfolio. <keyword id="6376194" type="General" weightage="20" keywordseo="kotak-mahindra" source="Orion">Kotak Mahindra</keyword> Bank was also quick to follow Yes Bank’s suit, with around 35%-40% of its slippages coming from credit cards. <h2>How is the road ahead?</h2>While RBI has just cracked its whip and served a warning at the moment, experts at Morgan Stanley believe that more changes (read regulatory lashes) are underway. Moreover, with both festive and wedding seasons underway in our country, unsecured lending might pick up momentum, much to the disdain of the calibrated approach banks have been taking towards it so far. But if the situation doesn't improve, RBI will not waste any time in becoming the typical tyrannical <keyword id="19897820" type="General" weightage="20" keywordseo="bollywood" source="keywords">Bollywood</keyword> headmaster who runs his dominion with an iron fist. However, that's a story for another day. Do you have a topic in mind you'd want a simpler explanation for, or insights or personal experience to share on personal finance and more? Contact us at businessinsider@timesinternet.in.

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

Every time <keyword id="20178842" type="General" weightage="20" keywordseo="Anant-Ambani" source="keywords">Anant Ambani</keyword> and <keyword id="20178843" type="General" weightage="20" keywordseo="Radhika-Merchant" source="keywords">Radhika Merchant</keyword> make the news, we think that maybe the couple finally decided to ditch all the extravaganza and eloped. Alas, our hopes have been dashed once again — and the lovebirds are simply preparing to host yet another pre-wedding party. Following their lavish three-day affair in Jamnagar, which reportedly cost a staggering Rs 1259 crore, the couple is gearing up for a luxurious cruise voyage. Between May 28 to 30, around 800 guests will be treated to an opulent adventure aboard a <keyword id="21746187" type="General" weightage="20" keywordseo="luxury-cruise" source="keywords">luxury cruise</keyword> liner. The itinerary boasts a picturesque journey from Italy to the South of France, spanning 4,380 kilometres. And in true Ambani style, comfort is paramount – 600 hospitality staff will be on board to ensure every whim is catered to. One of the fascinating features of the pre-wedding cruise celebration is its space theme. Yep. Reflecting this, Radhika Merchant will don an exquisite custom-made outfit by Grace Ling Couture. This unique piece is crafted using Aerospace Aluminum Technology and is 3D-carved, drawing inspiration from the concept of a Galactic Princess! As for who’s on the guest list, all we can say is that get ready for a Bollywood bonanza. The guest list reportedly features A-listers like the Khan trinity – Salman, Shah Rukh, and Aamir – along with power couple Ranbir Kapoor and Alia Bhatt. These celebrities were also part of the Jamnagar bash, solidifying their close ties with the <keyword id="20097729" type="General" weightage="20" keywordseo="Ambani-family" source="keywords">Ambani family</keyword>. Anant and Radhika got engaged in a traditional ceremony in January 2023. Their upcoming July wedding in London marks the culmination of their long-standing romance. The Ambanis are renowned for their larger-than-life celebrations, and this second pre-wedding is no exception. From the luxurious cruise setting to the exclusive guest list, this extravagant affair is guaranteed to grab headlines once again.

Anant Ambani and Radhika Merchant set sail to Europe for space-themed, second pre-wedding bash!

Following the much-hyped performance by Rihanna at the pre-wedding event of <keyword id="15914777" type="General" weightage="20" keywordseo="Anant-Ambani-and-Radhika-Merchant" source="Orion">Anant Ambani and Radhika Merchant</keyword> in Jamnagar, the <keyword id="20097729" type="General" weightage="20" keywordseo="Ambani-family" source="keywords" meta.keywordsubtype="org" meta.entityname="Ambani family" meta.hostid="261" meta.entityid="Ambani family">Ambani family</keyword> is once again making headlines. Sources told India Today that there is strong speculation that singers <keyword id="7860" type="General" weightage="20" keywordseo="adele" source="Orion">Adele</keyword>, <keyword id="248848" type="General" weightage="20" keywordseo="drake" source="Orion">Drake</keyword>, and <keyword id="912952" type="General" weightage="20" keywordseo="Lana-Del-Rey" source="Orion">Lana Del Rey</keyword> could be performing at the upcoming wedding event in Mumbai. According to India Today, singers Adele, Drake, and Lana Del Rey might arrive in India to perform at the wedding celebrations scheduled for July 12-14. The publication also mentioned that negotiations are currently underway to secure the dates of these artists for the event. <h2>Wedding events on July 12-14 in Mumbai</h2>Anant and Radhika’s wedding is scheduled to take place at the Jio convention centre in Mumbai, which will commence with an intimate Puja ceremony at Ambani’s residence Antilia. Their wedding spans three days and includes three events: 'Shubh Vivaah' on July 12, 'Shubh Aashirwad' on July 13, and 'Mangal Utsav' (wedding reception) on July 14. The Ambani pre-wedding event at Jamnagar was a star-studded affair, attracting major celebrities from Bollywood and the business world. Among the A-list attendees were business magnates like Meta CEO Mark Zuckerberg and his wife Priscilla Chan, while Bollywood stars like Shah Rukh Khan with his family, Salman Khan, and the power couple Ranveer Singh and Deepika Padukone added to the glamour. Ahead of the main wedding event, Mukesh and Nita Ambani were seen involved in multiple activities. On July 2, they organised a mass wedding for over 50 underprivileged couples from Maharashtra’s Palghar district. The mass wedding was held in the Reliance Corporate Park in Thane, with over 800 guests from the couples’ families.

Adele, Drake, and Lana line up to perform at Anant Ambani and Radhika Merchant's wedding in Mumbai

<ul class="summary-list"><li>Anant Ambani and Radhika Merchant just wrapped up their 3-day wedding extravaganza in Mumbai. </li><li>The festivities brought together famous faces from India and the world, including Kim Kardashian. </li></ul><a target="_blank" class="" href="https://www.businessinsider.com/what-goes-into-planning-celebrity-wedding-ambani-india-millionaires-ceremony-2024-7">Anant Ambani and Radhika Merchant's wedding festivities</a> culminated in an ultra-lavish display in Mumbai over the weekend, with thousands of guests and more than a few <a target="_blank" class="" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-rich-powerful-famous-people-invited-2024-7">famous faces in attendance.</a>Among those to snag an invite was a friend of Merchant's, who spoke to Business Insider on the condition of anonymity per the bride's values of privacy and discretion.The friend, whose identity is known to BI, is no stranger to <a target="_blank" class="" href="https://www.businessinsider.com/indian-wedding-planner-sushma-patel-advice-south-asian-brides-2023-11">Indian weddings</a>, but the celebration the Ambanis threw for the newlyweds was like nothing she'd seen before."I know I'm never going to experience something like this again," she said, describing the whole weekend as "a dream."Now recovering from the three-day extravaganza, which the <a target="_blank" class="" href="https://www.bbc.com/news/articles/cq5x22w0xl0o">BBC estimates</a> may have cost upwards of $156 million, she reflects on what she witnessed. Take a look.<h2 id="c6a395c3-9b3b-4e69-a1d7-171698666d6a">The festivities were lavish but felt intimate and 'family-oriented'</h2>One week before the wedding, on July 5, the Ambani inner circle gathered for the sangeet.The sangeet is one of a handful of pre-wedding traditions in Indian culture. Unlike the main wedding festivities over the weekend, this event was "just for close family and friends," she said.The sangeet took place at the Nita Mukesh Ambani Cultural Centre in Mumbai. Even though it was star-studded, the friend said it felt personal to the couple.<div type="image" title="Mukesh Ambani, the Chairman of Reliance Industries, Isha Piramal, Anand Piramal, Nita Ambani, Anant Ambani, Rihanna, Radhika Merchant, Shloka Mehta Ambani and Akash Ambani stand on the stage." height="1706" width="2560" msid="111765648" hostid="261" sizebytes="259056"></div>Per Indian wedding tradition, a sangeet typically takes place a few days before the actual wedding and involves family members dancing, singing, and sharing a meal."Her friends and family performed, his did too," the friend said. It was basically "one big dance party" that felt "very intimate," she added — though the Ambanis did take it up a notch by treating their guests to a private performance from <a target="_blank" class="" href="https://www.businessinsider.com/ambani-pre-wedding-celebration-with-justin-bieber-performance-2024-7">Justin Bieber</a>.Even the three-day wedding, while lavish, didn't feel overwhelming, the friend said."Their venues are so large that you don't feel overwhelmed," she said. "You're also sticking out with your own gang," she added.<h2 id="47281879-96fe-4f9b-aff5-7e8b99ab5fda">Staff on hand to handle everything, including guests' clothes</h2>Throughout the wedding, which kicked off on July 12 and ended on July 14, the friend said she could tell the bride, groom, and their respective relatives are family-oriented. "You'll always see the family together," she said. "They're never apart."She could also tell they weren't fazed by the pressure of hosting thousands of people and a few world leaders and athletes."They were super calm," she said. "The way they handle themselves, it's all truly incredible."<div type="image" title="Light decorations around the Ambani family's residence in Mumbai" height="3527" width="5352" msid="111765653" hostid="261" sizebytes="1117270"></div>Merchant gave her new mother-in-law, <a target="_blank" class="" href="https://www.businessinsider.com/anant-ambani-wedding-mother-nita-ceo-planned-billionaire-asia-credit-2024-7">Nita Ambani</a>, all the credit for pulling off such a smoothly-run event that felt simultaneously personal and breathtaking. In an interview with <a target="_blank" class="" href="https://www.vogue.com/slideshow/anant-ambani-radhika-merchant-wedding-exclusive?utm_brand=voguemagazine&amp;utm_campaign=aud_dev&amp;utm_content=instagram-bio-link&amp;utm_medium=social&amp;utm_social_type=owned&amp;utm_source=instagram&amp;utm_term=voguemagazine">Vogue</a>, the bride dubbed her husband's mother "C.E.O. of the wedding."For example, the Ambanis hired staff to help at every moment. When part of the friend's dress "came off," she was directed to the bathroom, where staff had the necessary tools and safety pins to fix it."They had everything there, and everyone was really helpful," she said.<h2 id="5bf1b106-de6c-4316-aed9-5dc3760333d0">Celebrities entered the wedding venue separately, but some mixed and mingled freely</h2>Photographers captured the family, a host of Bollywood and Hollywood celebrities, and notable political figures arriving at the venue. It wasn't just one red carpet, though — the friend said there were different entrances for different guests."I wish I was there," she joked. "For the celebs, they had a private entry."Inside, the venue was laden with floral arrangements shaped like animals. Designed by wedding planner Preston Bailey, the flowers were a colorful nod to the 3,000-acre animal shelter Anant launched earlier this year.<div type="image" title="Nick Jonas and Priyanka Jonas (Chopra) hold hands at Ambani wedding on July 12, 2024." height="3668" width="5500" msid="111765641" hostid="261" sizebytes="1183148"></div>Following their red carpet entries, most celebrities mixed and mingled with regular guests, she said."At the end of the day, everyone's a guest," she said, adding that some of the Hollywood and Bollywood were also meeting for the first time. "They were obviously socializing among themselves and with the other Bollywood celebrities," she said.Food was served throughout the night in every room of the venue. The dishes laid out were from high-end restaurants from all corners of the world and served buffet-style. Everyone — including world leaders and celebrities — indulged in the spread and naturally made connections and met people as they went.One guest who skipped the buffets was Kim Kardashian; she was escorted by her security throughout the evening, the friend said.<div type="image" title="Kim Kardashian and Khloe Kardashian wearing traditional Indian wedding guest attire, leaving their hotel on July 13, 2024 in Mumbai, India." height="1441" width="1280" msid="111765639" hostid="261" sizebytes="241400"></div>"I'm sure she had a private dinner set for her," she said. Nevertheless, Kardashian was very much present at the main wedding and throughout the pooja, a religious ceremony, on Saturday.<h2 id="92c3948d-4da0-4c3a-a25e-e87ace70328c">A blessing from India's Prime Minister</h2>At the pooja, "they had the best singers of India do the aarti, the prayers," the guest said. "That was amazing."The friend said another jaw-dropping moment from Saturday was when India's Prime Minister, <a target="_blank" class="" href="https://www.businessinsider.com/narendra-modi-posters-line-street-anant-ambani-wedding-lavish-2024-7">Narendra Modi</a>, arrived."He gave them his blessing," she said, adding that the change in the "aura" of the room was palpable."To be in the same room as the Prime Minister was honestly something else," she said.<h2 id="1202e91e-7993-45eb-b077-fc189e769e1a">The parties featured some 'top tier' performances</h2>The main wedding took place at Mumbai's Jio World Convention Center on Friday. Ahead of the festivities, some roads were closed, and diversions were set up around the venue, causing <a target="_blank" class="" href="https://www.businessinsider.com/ambani-billionaire-lavish-wedding-angers-locals-road-closures-traffic-mumbai-2024-7">tension among local residents</a>, BI previously reported.While there did end up being a lot of traffic on her way to the event, the friend, who lives locally, said she was "used to it."It's really Bombay in a nutshell," she said, referring to the city by its former name.Nevertheless, the journey was worth it for the wedding festivities and performances, the friend said."It was a true party," she said, specifically referring to the baraat, which is the groom's procession to the wedding venue, which Anant did on horseback.Later on in the evening, the friend said guests were treated to performances from an array of artists, including Luis Fonsi, who sang his crowd-pleaser 'Despacito.'"It was insane," she reflected.<h2 id="b0083006-137d-42e5-b0b1-e428ffae1cff">The festivities didn't stop until the early hours of the morning</h2>While some of the more traditional and alcohol-free events — like the pooja — ended early, the friend said the Ambanis hosted "after-parties" following the wedding and the reception for their friends and the younger crowd.<div type="image" title="John Cena smiling and posing with his hand near his face" height="683" width="1024" msid="111765651" hostid="261" sizebytes="28620"></div>"The bigger ones like the Sangeet, the wedding, the reception, ended late because all of us partied after," she said.Although some guests, like John Cena, didn't stick around for the after-parties, the friend said at least a handful of famous faces did, including Zendaya's stylist, Law Roach.

Inside the Ambani wedding: Details you may have missed, according to a guest who was there all weekend

<ul class="summary-list"><li>Radhika Merchant and Anant Ambani are slated to get married on Friday in Mumbai.</li><li>Four Indian event planners shared what it's like to plan a big celebrity wedding.</li></ul>The wedding of the year is upon us.After rounds of opulent pre-wedding festivities, <a target="_blank" rel=" nofollow" class="editor-rtfLink" href="https://www.businessinsider.in/india/news/anant-ambani-and-radhika-merchant-to-wed-at-the-jio-world-convention-centre-in-mumbai-on-july-12/articleshow/110562426.cms">Radhika Merchant and Anant Ambani</a>, the youngest son of <a target="_blank" rel="" href="https://africa.businessinsider.com/local/markets/indian-billionaire-ambani-targets-african-telecom-market-with-new-venture/vwmsmgn">Asia's richest man</a>, are slated to get married on Friday in Mumbai.Their guests, who have so far included <a target="_blank" href="https://www.businessinsider.com/ambani-pre-wedding-celebration-with-justin-bieber-performance-2024-7">Bollywood actors, Indian cricketers,</a> and <a target="_blank" href="https://www.businessinsider.com/bill-gates-mark-zuckerberg-among-expected-attendees-at-indian-wedding-2024-2">international business leaders</a>, will also attend events on Saturday and a reception on Sunday.During a pre-wedding event in March, Ambani said his mom worked 18 hours a day for the four months leading up to the parties."All this is created by my mother and no one else, and my mother has gone all out for the last four months," Ambani said, per a <a target="_blank" rel=" nofollow" href="https://www.youtube.com/watch?v=mmMh8KtrGaY&amp;ab_channel=BusinessToday">video</a> of the speech uploaded in March.Planning such an event takes a village, according to four wedding planners who spoke to Business Insider about what goes into organizing a multi-day Indian celebrity wedding.<h2 id="d3a9cac7-58b4-42c9-888b-817200ed450e">The biggest cost is the venue</h2>The planners BI spoke to said a typical multi-day wedding that they plan costs between five to 10 crore Indian Rupees, or about $1.2 million.Crore is an Indian term for 10 million; 1 crore rupees is around $120,000.Whether it's a big-ticket <a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">wedding like the Ambani's</a> or the wedding of an upper-middle-class family, the breakdown of major costs in an Indian wedding look about the same, one event planner told BI.About 40% to 50% of the budget goes to the venue, which includes catering and rooms for the guests, said Nishita Aggarwal, the founder of The Event Designer, a Delhi-based wedding planning company.Next, 25% to 30% of costs go toward decorations, which include elaborate backdrops, tents, and floor-to-ceiling floral arrangements.<div type="image" title="pink backdrop at Indian wedding" height="3508" width="5262" msid="111674066" hostid="261"></div>About 10% is spent on entertainment. The Ambanis have hired Rihanna, <a target="_blank" href="https://www.businessinsider.com/ambani-pre-wedding-celebration-with-justin-bieber-performance-2024-7">Justin Bieber, </a><a target="_blank" href="https://www.businessinsider.com/anant-ambani-katy-perry-backstreet-boys-pre-wedding-party-2024-6">Katy Perry, The Backstreet Boys</a>, and Pitbull for pre-wedding functions in recent months.Other families spend a lot on artists including singers and celebrity DJs, said Purvi Modgil, a destination wedding planner based in Mumbai."If you plan to call three or four of them in different core functions, that can also add up to a good cost," she said.The remaining 10% usually goes into wedding gifts and logistics for the family and guests."Now, when it comes to a high-net-worth wedding or a celebrity wedding, everything becomes 10 times or hundred times" of that cost, Aggarwal said. "There is no bar on the budget."Planners' cost estimates of the Ambani wedding varied widely, from tens of millions of dollars to hundreds of millions of dollars.Anant's older sister <a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Isha Ambani</a> got married in 2018 in a similarly lavish wedding, including a Beyoncé performance. While media outlets speculated about a $100 million price tag, a spokesperson for the Ambani-owned company, Reliance, said that it cost less than $15 million, <a target="_blank" href="https://www.forbes.com/sites/naazneenkarmali/2018/12/11/the-big-fat-ambani-wedding-celebrates-a-match-among-indias-billionaire-elite/#7cb474465992">per a Forbes article</a> at the time.A spokesperson for the family did not respond to a request for comment about the costs for Anant Ambani's wedding.The pre-wedding events have grabbed <a target="_blank" href="https://www.businessinsider.com/ambanis-throwing-another-pre-wedding-party-cruise-ship-2024-5">headlines</a> for months. With so many celebrities and business leaders angling for an invitation, the nuptials are also a business networking event, Aggarwal said.<h2 id="7190f45a-3ee9-4e5a-bf2a-0fef8f5de89f">Each main family member is assigned a 'shadow'</h2>Many couples don't want to host their weddings at venues where other high-profile families have already held nuptials, Aggarwal said."They want everything to be exclusive," she said. "The decor has to be something else that no one else has ever thought of. It is almost like a big movie set."For a big celebrity wedding, planners divide their staff into teams and hire hundreds of additional people leading up to and on the day of the ceremony.With chefs, waiters, light and audio teams, and decorators, about 500 people often work the event, Modgil said.The planners also assign butlers to each main family member. These staffers, called "shadows," hold their phones and gifts and ensure they stay hydrated and have everything they need."There are over 70 suppliers and vendors who we work with for each wedding," said Darshan Shroff, a Mumbai-based wedding planner. "I like to describe wedding planners in India as circus masters."<h2 id="07e84198-c3b3-4ae5-b860-565eaa82e3bd">Privacy and security are top concerns</h2>Many celebrity or influencer couples are particular about how their wedding is portrayed on the news and on social media.Planners have strict instructions that restrict posts from vendors about outfits, decor, or flowers before a set date. Most big weddings also collect the phones of their guests for privacy, and couples have teams that work with the media."You can't have too many people hanging out taking their pictures. It makes them very uncomfortable," Modgil said about celebrity guests and couples.Top security firms and even local authorities may sketch out safety plans."The minute there are some kind of celebrities, whether it's politicians or Bollywood, security becomes very important," Modgil said. "We've had separate people escorting them and even taking them back because sometimes they even get mobbed."The families and their guests are not always easy to please.Aggarwal said she has planned weddings where celebrity attendees call to confirm what type of hotel suite they will be staying in and what kind of car is coming to pick them up. Everything must match their lifestyle standard.<h2 id="f2b6f12d-16c9-4226-9b64-e59a5aa60374">Setting a blueprint for other weddings</h2>The Ambani wedding is already influencing how other Indians are envisioning and planning their own nuptials.The planners told BI that brides are asking them for the same designers that Radhika Merchant wore in her pre-wedding events, like the custom lehengas designed by Abu Jani Sandeep Khosla and Tarun Tahiliani.<div type="image" title="Radhika Merchant wore a Swarovski crystal lehenga designed by Abu Jani and Sandeep Khosla" height="691" width="1024" msid="111674067" hostid="261"></div>Planners expect the main wedding to leave an even bigger mark."Given the immense influence celebrities have, their weddings often become blueprints for future celebrations worldwide," said Bharat Jagasia, a Delhi-based wedding planner."For the Ambani wedding, I am particularly excited to see how they differentiate the main event from their pre-wedding functions," he said.The festivities are slated to kick off Friday at the Jio World Convention Centre, which is owned by the Ambani family. It can accommodate over 16,000 guests.July 12, 2024 — An earlier version of this story misstated Nishita Aggarwal's location. She is based in Delhi, not in Mumbai.

Behind the scenes of billionaire Indian weddings: Hired 'shadows,' phone bans, and a circus master to lead the chaos

<ul class="summary-list"><li>Anant Ambani and Radhika Merchant hosted more pre-wedding parties on a luxury cruise and in Italy.</li><li>Katy Perry, The Backstreet Boys, and Pitbull performed, clips circulating online showed.</li></ul><a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">The Ambanis</a> are still pulling out all the stops to celebrate their upcoming wedding.Anant Ambani is the son of one of India's richest people, Mukesh Ambani. Along with his fiancée, Radhika Merchant, Anant Ambani threw yet another star-studded bash ahead of their nuptials in July — this time on a luxury cruise.Pop star Katy Perry performed some of her hit singles, including "Firework," on Friday in Cannes, with clips circulating online.Other <a target="_blank" href="https://www.instagram.com/reel/C7oR8xdyb7Y/?igsh=d2JucTRwZXJ2cThm">video clips</a> shared online show The Backstreet Boys and Pitbull took to the stage as part of the pre-wedding festivities.The couple and a large group of their guests also stopped over in Portofino, Italy. They took over a plaza where Italian singer Andrea Bocelli performed, Hindustan Times <a target="_blank" href="https://www.hindustantimes.com/entertainment/music/ambanis-shut-down-an-entire-plaza-in-portofino-for-anant-radhika-bash-legendary-singer-andrea-bocelli-performs-watch-101717392459115.html">reported</a>.India Today reported that several Bollywood stars, including Shah Rukh Khan and Ranveer Singh, were seen at the party in Italy. Hollywood actor Adam Sandler was also present, <a target="_blank" href="https://www.instagram.com/p/C7vHMN7yurZ/?igsh=MWN0ZHJ1MjVyMnRnNw%3D%3D&amp;img_index=5">photos</a> shared on social media showed.The cruise <a target="_blank" href="https://www.businessinsider.com/ambanis-throwing-another-pre-wedding-party-cruise-ship-2024-5">set sail last week</a> from Italy to the south of France. About <a target="_blank" href="https://www.deccanchronicle.com/entertainment/ott/800-celebrity-guests-for-anant-ambani-radhika-function-on-luxury-cruise-in-italy-894066">800 guests </a>had been invited, along with 600 staff to look after them, the Deccan Chronicle reported.The four-day affair included <a target="_blank" href="https://www.harpersbazaararabia.com/culture/celebrity/inside-the-ambani-pre-wedding-cruise-performances-celebrities-and-more">a masquerade party</a> and "La Dolce Vita"-themed festivities, Harpers Bazaar Arabia reported.<a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">The Ambanis</a> initially kicked off the pre-wedding celebrations in March with other lavish parties, one of which featured a performance by Rihanna.Some of the high-profile guests included Meta CEO <a target="_blank" rel="" href="https://www.businessinsider.com/mark-zuckerberg">Mark Zuckerberg</a>, his wife <a target="_blank" rel="" href="https://www.businessinsider.com/priscilla-chan">Priscilla Chan</a>, Microsoft cofounder Bill Gates, and Ivanka Trump.Representatives for the Ambanis at Reliance Industries didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

The Ambanis threw more glitzy pre-wedding parties, which featured performances from Katy Perry and the Backstreet Boys

<ul class="summary-list"><li>Rihanna performed at the private pre-wedding bash of Indian billionaire Mukesh Ambani's son.</li><li>It was her first full live show in almost eight years, not counting the 2023 Super Bowl.</li></ul>It's the concert we all wished we were at but sadly had to watch through grainy phone camera footage: <a target="_blank" href="https://www.businessinsider.com/rihanna-life-career-timeline-iconic-moments-2019-2">Rihanna's</a> one-night-only comeback.The 36-year-old singer performed her first full live show in almost eight years — not counting <a target="_blank" href="https://www.businessinsider.com/rihanna-super-bowl-performance-photos-pregnant-2023-2">her 15-minute slot at the 2023 Super Bowl Halftime show</a> and <a target="_blank" href="https://www.youtube.com/watch?v=0NZ6A-X6taA">2023 Academy Award performance</a> — at the <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-rihanna-ivanka-trump-radhika-merchant-fashion-2024-3">pre-wedding party of Anant Ambani</a>, the youngest son of Indian multibillionaire Mukesh Ambani, and his soon-to-be wife, Radhika Merchant.For the lucky <a target="_blank" href="https://www.businessinsider.com/bill-gates-mark-zuckerberg-among-expected-attendees-at-indian-wedding-2024-2">1,200-plus guests</a> — including Mark Zuckerberg, <a target="_blank" href="https://www.businessinsider.com/photos-ivanka-trump-wears-shiny-sari-to-ambani-wedding-event-2024-3">Ivanka Trump</a>, and Bollywood stars — the singer took to the stage in Jamnagar, India, to deliver a concert-length <a target="_blank" href="https://www.nme.com/news/music/rihanna-plays-first-show-in-eight-years-at-billionaires-wedding-in-india-setlist-watch-footage-3595618">19-song set,</a> including hits such as her career-launching "Umbrella" and No.1 hits "Diamonds" and "Work," according to NME.The show also included live renditions of the songs "We Found Love," "Stay," "Rude Boy," and "All Of The Lights," and ended with the <a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">whole Ambani family</a> joining Rihanna onstage."I'm here tonight in honor of Anant and Radhika. Thank you for having me here. God bless your union. I wish you all the best. Congratulations," she said to the couple, according to <a target="_blank" href="https://www.thenationalnews.com/arts-culture/music-stage/2024/03/02/rihanna-ambani-india-performance/">The National</a>.<h2>Rihanna received a payday somewhere between $5 and $9 million, according to estimates</h2>There's been rampant speculation on how much Rihanna was paid for her performance. According to anonymous sources cited by<a target="_blank" href="https://www.indiatoday.in/music/story/heres-how-much-rihanna-is-getting-paid-for-the-ambani-wedding-exclusive-2508925-2024-03-01"> India Today</a>, her performance fee is somewhere between $8 and $9 million.<a target="_blank" href="https://www.dailymail.co.uk/femail/article-13140287/Anant-Ambani-Radhika-Merchant-kick-lavish-pre-wedding-party-feeding-50-000-villagers-Jamnagar.html">The Daily Mail</a> meanwhile estimated a starting price of $6 million for the gig.Both won't be entirely far-fetched guesses if you consider that the pre-wedding celebration budget maybe $120 million, the Daily Mail claimed, citing unnamed sources.<div type="image" title="Mukesh Ambani, the Chairman of Reliance Industries, Isha Piramal, Rihanna, Shloka Mehta Ambani, Akash Ambani and Radhika Merchant react on the stage during pre-wedding celebrations of Anant and Radhika." height="854" width="1280" msid="108168017" hostid="261" sizebytes="99148"></div>There's no question that the three-day bash — which is still ongoing until Monday — is wildly extravagant, even by the <a target="_blank" href="https://www.businessinsider.com/photos-indian-wedding-cost-bride-advice-florida-2023-9">standards of Indian weddings</a>.The elder Ambani, the chair of the Fortune 500 company Reliance Industries, has an <a target="_blank" href="https://www.bloomberg.com/billionaires/">estimated net worth of $113 billion</a>, and it's clear from the <a target="_blank" href="https://www.instagram.com/reel/C4AFi3JPE48/?igsh=MWp4NjEyY2dyZDk5Zw%3D%3D">drone show </a>to the decor and the flowers and <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-performance-dress-code-party-billionaire-2024-3">festivities still to come</a> (including the wedding itself which is scheduled for July) that no expense has been spared.The Ambani family reportedly spent over $100 million on the pre-wedding ceremony of daughter Isha Ambani and her now-husband, Anand Piramal, according to <a target="_blank" href="https://www.theguardian.com/world/2024/feb/28/anant-ambani-wedding-son-indias-richest-person-mukesh-celebrity-guest-list">The Guardian</a>.Booking megastars is also something the family has done before. At Anant's sister's wedding in 2018, <a target="_blank" href="https://www.vogue.in/content/beyonce-performs-at-isha-ambani-and-anand-piramals-wedding">Beyoncé</a> performed.A year later, in 2019, Coldplay's front man, Chris Martin, and The Chainsmokers <a target="_blank" href="https://www.gqindia.com/content/akash-ambani-pre-wedding-party-chris-martin-coldplay-chainsmokers-performed-at-akash-ambani-pre-wedding-bash-in-switzerland">entertained guests</a> attending Akash Ambani — the soon-to-be-wed Ambani's older brother — and Shloka Mehta's pre-wedding bash in Switzerland. The couple also had Adam Levine <a target="_blank" href="https://www.vogue.in/content/akash-ambani-shloka-mehta-post-wedding-celebration-inside-pictures-maroon5-honey-singh-performance-video">serenade them</a> at their post-wedding bash.

You Searched For "Bollywood wedding" and got 11 results

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Anant Ambani and Radhika Merchant set sail to Europe for space-themed, second pre-wedding bash!

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Adele, Drake, and Lana line up to perform at Anant Ambani and Radhika Merchant's wedding in Mumbai

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Inside the Ambani wedding: Details you may have missed, according to a guest who was there all weekend

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Behind the scenes of billionaire Indian weddings: Hired 'shadows,' phone bans, and a circus master to lead the chaos

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Eve Crosbie

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