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<ul><li><keyword id="6374020" type="General" weightage="50" keywordseo="anant-ambani" source="Orion">Anant Ambani</keyword> heads the new energy business of Reliance Industries. </li><li>He has graduated from Brown University in the USA. </li><li><keyword id="6528933" type="General" weightage="20" keywordseo="radhika-merchant" source="Orion">Radhika Merchant</keyword> is the daughter of Shaila and <keyword id="5220246" type="General" weightage="50" keywordseo="viren-merchant" source="Orion">Viren Merchant</keyword>, and has graduated from the New York University. </li></ul>The youngest son of Mukesh and <keyword id="7024" type="General" weightage="50" keywordseo="nita-ambani" source="Orion">Nita Ambani</keyword>, Anant Ambani was formally engaged to Radhika Merchant, on Thursday. The ceremony took place at the Ambani residence in Mumbai. Anant Ambani who heads the new energy business of Reliance Industries, that’s based out Jamnagar in Gujarat – has been rumoured to be dating Merchant, for a long time now. His siblings and twins Akash and <keyword id="617730" type="General" weightage="50" keywordseo="isha-ambani" source="Orion">Isha Ambani</keyword> head the telecom and retail businesses of the conglomerate. The succession plan <a href="https://www.businessinsider.in/business/corporates/news/akash-isha-and-anant-are-the-future-of-reliance-industries/articleshow/93854579.cms">was announced in August last year</a>, during the company’s annual general meeting. “All three of them have the mindset of the founder (Dhirubhai Ambani). Anant, in fact, spends most of his time at Jamnagar,” said Mukesh Ambani at the AGM. While Akash Ambani is married to <keyword id="6296629" type="General" weightage="50" keywordseo="shloka-mehta" source="Orion">Shloka Mehta</keyword> and has a son named Prithvi, Isha Ambani who is married to Anand Piramal, has recently given birth to twin babies – a boy and a girl. <div type="image" title="anant ambani engagement" msid="97140821" hostid="261"></div> Anant Ambani graduated from Brown University in the USA, and has since served at Reliance Industries in various capacities including as a member on the boards of Jio Platforms and Reliance Retail Ventures. Radhika Merchant is the daughter of Shaila and Viren Merchant, and has graduated from the New York University. She serves as a director on the Board of Encore Healthcare, a pharma company based out of Mumbai. “Age old traditions such as the Gol Dhana and Chunari Vidhi – followed since generations among Gujarati Hindu families – were conducted with great enthusiasm in the family temple and ceremony areas even as the families exchanged gifts and greetings, bonhomie and fun,” said a note sent by the Ambani family. <div type="image" title="Radhika merchant" msid="97140835" hostid="261"></div> The commencement of the engagement was announced by Isha Ambani, after which the couple exchanged rings in front of family and friends and sought their blessings for their upcoming union. SEE ALSO <a href="https://www.businessinsider.in/business/corporates/news/akash-isha-and-anant-are-the-future-of-reliance-industries/articleshow/93854579.cms">Reliance of the future – in the hands of Akash, Isha and Anant</a>

Anant Ambani gets engaged to Radhika Merchant amidst traditional Gujarati ceremonies

<h1 style="margin-top: 0px; margin-bottom: 1rem; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 2.85714rem; line-height: 3.42857rem; font-family: Montserrat, sans-serif; vertical-align: baseline; color: rgb(0, 0, 0);"> </h1>With nearly US$50 billion, the Ambani family is the richest in Asia – and they never hesitate to show off their wealth. From gorgeous homes to impressive charitable contributions, the Ambanis make the most of their fortune. Here’s how they spend their money. Antilia Antilia, the residence of Reliance Industries chairman and managing director, Mukesh Ambani’s family, is decorated during his daughter <keyword id="617730" type="PERSON" weightage="20" keywordseo="Isha-Ambani">Isha Ambani</keyword>’s wedding, in <keyword id="6358070" type="LOCATION" weightage="20" keywordseo="mumbai">Mumbai</keyword> in December 2018. Photo: Reuters The Ambanis have multiple homes but the crown jewel of their real estate holdings is Antilia, the 27-story skyscraper in Mumbai that allegedly cost US$1 billion to build. The home features 600 full-time staff, three helipads, a garden that spans three floors, swimming pools and gorgeous ballrooms – and it’s said to be the second most expensive property in the world (behind only Buckingham Palace). Cars Mukesh Ambani. Photo: Reuters Mukesh Ambani has used his massive wealth over the years to amass a fleet of luxury cars. The cars in his collection include a Mercedes Maybach 660 Guard, BMW 760 Li, Bentley Continental Flying Spur and a Rolls-Royce Phantom. Several of them are among the most expensive on the market. They also feature bulletproof coating to ensure that the family stays safe wherever their travels take them. Weddings A view of City Palace, one of the venues for the pre-wedding celebrations of Isha Ambani in Udaipur, in the Indian desert state of Rajasthan in December 2018. Photo: Reuters It’s been a celebratory couple of years for the Ambanis. In 2018, their eldest daughter Isha married Anand Piramal in a gorgeous ceremony. The wedding reputedly cost nearly US$100 million and featured stunning decorations, a private concert by Beyoncé and plenty of charter flights to fly in the Clintons, Nick Jonas and his wife Priyanka Chopra, and other celebrities. That doesn’t count the engagement party and pre-wedding ceremonies which the Ambanis hosted. Son Akash’s wedding a year later was apparently even more expensive. While a private concert from Beyoncé reportedly costs US$2 million, Akash’s wedding in Switzerland included performances by Maroon 5, Coldplay and The Chainsmokers. You do the maths. They also booked a luxury hotel for 500 guests. Parties Actress Priyanka Chopra and her husband, singer Nick Jonas, arrive for Isha Ambani’s wedding in Mumbai in December 2018. Photo: Reuters Weddings aren’t the only cause for celebration for the Ambani family. They also like to throw massive parties at Antilia to celebrate personal or professional victories. They hosted get-togethers for the Mumbai Indians cricket side at Antilia after their recent Indian Premier League (IPL) titles. Sports Mumbai Indians players and support staff and team owner <keyword id="7024" type="PERSON" weightage="20" keywordseo="Nita-Ambani">Nita Ambani</keyword> (right, in a white shirt) celebrate becoming the first team to win three IPL titles with a thrilling one-run victory over Rising Pune Supergiant in Hyderabad in May 2017. Photo: AFP The Ambanis love sport – particularly cricket. In 2008, they bought the Mumbai Indians for US$111.9 million, the largest sale of an IPL team at the time. They’ve rarely spared any expense in signing star players on expensive contracts, and these contracts have paid off with titles in 2013, 2015, 2017 and 2019. Charity Isha Ambani serves food to guests during an Anna Seva ritual that coincided with pre-wedding functions ahead of her marriage to Anand Piramal. Photo: AFP It has been said that Mukesh Ambani is India’s most charitable individual. Ambani reportedly gave over US$60 million in 2018, with most of that going to education, health care and rural development. These donations are organised through the Reliance Foundation, Reliance Industries’ charitable arm that was founded in 2010. While the Ambanis have a taste for luxury, it’s encouraging to know that they still find ways to give back and use their wealth for the good of the world. As Mukesh and Nita’s three children grow up and take on more influence in the family business, we’ll be watching to see how their spending habits evolve, too.

How does Mukesh Ambani – India’s richest man – and his family spend their US$50 billion fortune?

<ul><li><keyword id="8372" type="General" weightage="100" keywordseo="akash" source="Orion">Akash</keyword> <keyword id="10924" type="General" weightage="80" keywordseo="ambani" source="Orion">Ambani</keyword> is the elder son of one of India’s richest businessmen Mukesh Ambani; and the only Indian to debut on Time Magazine’s Next 100 List. </li><li>During the 2022 Reliance Industries’ annual general meeting, he announced the launch of Jiofibre and virtual PCs. </li><li>Akash Ambani will head India’s largest telecom operator and is one of the heirs of <keyword id="3820" type="General" weightage="50" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword>’s<a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/"> $80.5 billion empire</a>. </li></ul>He may have become the new boss of <keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> – India’s largest telecom operator – recently, but Akash Ambani has been prepping for the top job from birth. As the grandson of <keyword id="6418409" type="General" weightage="50" keywordseo="dhirubhai-ambani" source="Orion">Dhirubhai Ambani</keyword> and son of Mukesh Ambani, the Junior Ambani has always had big shoes to fill, but he seems to be stepping into them quite effortlessly. He is also keeping the family tradition of breaking into lists by becoming the only Indian to enter the Time Magazine’s Next 100 list. Time’s Next 100 list essentially puts the spotlight on emerging leaders who are shaping the world of business, sports, finance, entertainment, politics, science, health, and activism. The list also features the likes of American singer SZA, actress Sydney Sweeney, basketball player Ja Morant, Spanish tennis player Carlos Alcaraz, actor and television personality <keyword id="945810" type="General" weightage="50" keywordseo="keke-palmer" source="Orion">Keke Palmer</keyword>, and environment activist Farwiza Farhan. Not surprisingly, the scion of the Ambani family has made it as an A-lister, given the mantle he holds as the Chairman of Reliance <keyword id="2003276" type="General" weightage="50" keywordseo="jio" source="Orion">Jio</keyword> with 426 million users. One of the heirs of <a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/">Mukesh Ambani’s $80.5 billion empire</a>, the 30-year-old has his work cut out, as the company looks to launch 5G services later this year. Akash is married to <keyword id="6296629" type="General" weightage="50" keywordseo="shloka-mehta" source="Orion">Shloka Mehta</keyword>, who hails from one of the richest diamond families of India. The Ambani family welcomed their first grandchild, <keyword id="10488859" type="General" weightage="50" keywordseo="prithvi-ambani" source="Orion">Prithvi Ambani</keyword>, in 2020. Reliance Jio has been touted as one of the fastest growing companies in the world and Akash has reportedly played a key role in bringing marquee investors and global giants like Facebook, Catterton, Silver Lake and General Atlantic to the company. Akash Ambani’s journey of becoming one of the most influential next-gen leaders began only four years ago, when he gave his first public address at the India Digital Open Summit. “Our chairman believes India is on a path to be a technology innovation leader and technology superpower. We are fortunate to be living in India, where we have a vision for Digital India. At Jio we believe AR/VR will grow at 50% CAGR for next 5 years,” said Akash Ambani, who was 26 years old at the time. On June 27 2022, Reliance Chairman Mukesh Ambani handed over the reins of the empire to his eldest son <a href="https://www.businessinsider.in/business/corporates/news/mukesh-ambani-steps-down-as-director-of-reliance-jio-akash-ambani-appointed-chairman/articleshow/92521472.cms">Akash Ambani</a>. Referring to the next generation Ambanis — Isha, Akash and Anant — Mukesh Ambani said at the company’s 45th annual general meeting, “All three have fully inherited our founder's mindset. They are first among equals in a young team of leaders and professionals who are already doing amazing things at Reliance.” Akash Ambani’s ambitious plan to launch virtual PCs in India Reliance Jio Infocomm (RJIL), a subsidiary of RIL, is the largest telecom operator in India. From less than 700 professionals a few years ago, the RJIL team has grown rapidly to over 10,000 professionals today. “With 5G being rolled out in India, the current 800 million connected internet devices will double to 1.5 billion connected internet devices in just a year,” said Akash Ambani at the latest annual general meeting. The 30-year-old also announced the launch of ‘<a href="https://www.businessinsider.in/tech/enterprise/news/jio-airfiber-to-offer-cloud-pc-services-soon/articleshow/93857295.cms">virtual PC</a>’ through the launch of Jio AirFiber giving a boost to AI-enabled services in India. “5G gives ultra-high fibre-like speed over the air without any wires. We are calling it JioAirFiber. With JioAirFiber, it will be really easy to quickly connect your home or office to Gigabit-speed Internet,” he said. Investing ₹2 lakh crore, the next-generation Ambani will also head the implementation of 5G services in India – the latest version called standalone 5G sans dependence on 4G network. Challenges for Ambani junior while heading Reliance Reliance Jio offers its services at affordable tariffs, a dream that the founder of Reliance Industries had of offering telecom services at the rate of a postcard. While Akash Ambani’s father delivered on that promise, the 30-year old scion will have his job cut out as the company looks to launch its ambitious 5G services this Diwali. The company faces competition from the Sunil Mittal-helmed Airtel. Interestingly, Airtel is a professionally run company and both of Mittal’s sons pursue their own business interests. An avid sports nut Apart from heading the most ambitious projects in the world, Akash is known to have a keen interest in sports and premium cars. Akash’s first public appearance was at a Mumbai Indians cricket match as the company bought the team <a href="https://www.republicworld.com/sports-news/cricket-news/ipl-mega-auction-which-teams-were-sold-in-the-2008-inaugural-edition-and-at-what-prices.html">for $111.9 million back in 2008</a>. He is an avid cricket fan and can be seen regularly leading auctions to filter through the players for the Mumbai Indians IPL league. Ambani Junior is also a fan of the Arsenal football club. In 2016, he got to play in his private football area with Arsenal’s former forward Thierry Henry. Alongside sports, Akash has a legion of premium cars like Bentley Bentayga, Range <keyword id="5160615" type="General" weightage="50" keywordseo="rover-vogue" source="Orion">Rover Vogue</keyword>, BMW 5-Series, Lamborghini Urus, Rolls Royce Phantom Drophead Coupe and Maybach 62 to list a few. The passion for fancy wheels comes from both his parents. The road to living up to the name of “industry royalist” is long but Akash Ambani’s blueprint for Reliance is being closely watched by the world. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/9-in-10-indian-leaders-question-employees-productivity-in-hybrid-work/articleshow/94529650.cms">9 in 10 Indian leaders question employees' productivity in hybrid work</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/adani-greens-54-rally-tempts-totalenergies-to-book-profits/articleshow/94529227.cms">Adani Green’s 54% rally this year tempts TotalEnergies to book profits</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/people-want-bigger-homes-and-reopening-offices-schools-hasnt-altered-this-trend/articleshow/94512938.cms">People want bigger homes and reopening offices, schools hasn’t altered this trend</a>

Akash Ambani’s keeping up the family tradition of breaking into global lists

<ul class="summary-list"><li><keyword id="3820" type="PERSON" weightage="60" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, Asia's richest man, is at the center of a bomb scare investigation.</li><li>A <a href="https://www.hindustantimes.com/cities/mumbai-news/car-with-explosives-found-near-mukesh-ambani-s-house-101614267561861.html">car containing explosive material</a> and a threatening letter was found near Ambani's Mumbai home on February 25.</li><li>On Saturday, <a href="https://timesofindia.indiatimes.com/india/ambani-security-scare-nia-arrests-police-officer-waze-after-12-hour-quizzing/articleshow/81487886.cms">a police officer was arrested</a> for his alleged role in placing the vehicle near the home.</li></ul>Mukesh Ambani, Asia's richest man, is caught up in a bomb scare investigation.On Saturday evening, <a href="https://timesofindia.indiatimes.com/india/ambani-security-scare-nia-arrests-police-officer-waze-after-12-hour-quizzing/articleshow/81487886.cms">a Mumbai police officer was arrested</a> for his alleged role in leaving an explosives-filled vehicle near Ambani's home in Mumbai, <keyword id="3658" type="COUNTRY" weightage="60" keywordseo="India">India</keyword>, last month, the Times of India reported.The officer, Sachin Waze, who had been leading the investigation into the bomb scare, was called in for questioning on Saturday morning about his ties to the vehicle, a Mahindra Scorpio SUV that was found abandoned near the Ambani residence on February 25th, according to local media reports. Inside the Scorpio, police had found a letter and sticks of gelatin, an explosive substance.It's unclear who or what was the intended target of the explosives, and the investigation remains ongoing. <div type="image" title="mukesh ambani home antilia skyscraper mumbai" height="1464" width="1952" msid="81507381" hostid="261"></div>Ambani, the billionaire owner of conglomerate Reliance Industries, lives with his family in <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">their personal 27-story skyscraper</a> that's known as Antilia and cost a rumored $1 billion to build.In a February 26 statement, a <a href="https://www.businesstoday.in/current/economy-politics/confident-that-mumbai-police-will-complete-thorough-investigation-quickly-reliance/story/432459.html">Reliance Industries spokesperson thanked the Mumbai Police</a> and said the conglomerate was "confident that Mumbai Police will complete their thorough investigation quickly."Ambani has not otherwise commented on the investigation and did not immediately respond to Insider's request for comment for this story. <h2>A stolen car, a suspicious death, and an ongoing investigation</h2>On February 25, police discovered the abandoned Scorpio on Carmichael Road near the Ambani's lavish home.The Scorpio contained <a href="https://www.hindustantimes.com/cities/mumbai-news/car-with-explosives-found-near-mukesh-ambani-s-house-101614267561861.html">a threatening letter and 20 gelatin sticks</a>, but no assembled explosive device, Mumbai's deputy police commissioner, Chaitanya Siriprolu, told reporters the evening the car was discovered, according to the Hindustan Times. Police said the letter said this was only <a href="https://www.bloombergquint.com/politics/suv-with-explosives-found-near-ambani-s-house-had-been-stolen-say-cops-nia-starts-parallel-probe">a "glimpse" of things to come</a>, per Bloomberg. <div type="image" title="ambani bomb scare vehicle" height="770" width="1026" msid="81507382" hostid="261"></div>The Scorpio was owned by Mansukh Hiran, a businessman who had <a href="https://www.thehindu.com/news/national/mukesh-ambani-home-bomb-scare-nia-arrests-police-officer-sachin-vaze/article34063804.ece">reported the vehicle stolen</a> on February 18, a week before it was found near the Ambani residence, according to India Today. <a href="https://www.bloombergquint.com/politics/suv-with-explosives-found-near-ambani-s-house-had-been-stolen-say-cops-nia-starts-parallel-probe">Hiran came to police</a> the day after the bomb scare after seeing visuals of the vehicle, which resembled his missing Scorpio. A week later, on March 5, <a href="https://timesofindia.indiatimes.com/india/ambani-case-suv-owner-found-dead-in-thane-creek/articleshow/81358309.cms">Hiran was found dead</a> in a creek. India's National Investigation Agency then <a href="https://timesofindia.indiatimes.com/india/centre-hands-over-suv-case-to-nia-sparks-fresh-row-with-maharashtra-govt/articleshow/81401110.cms">took over the case</a> from Mumbai police.Hiran's widow, Vimla Hiran, told investigators that Waze (whose last name is also spelled Vaze in other local media reports) had been using her husband's car and that <a href="https://mumbaimirror.indiatimes.com/mumbai/other/mansukh-hiren-case-cop-sachin-vaze-transferred-to-citizen-facilitation-centre/articleshow/81461125.cms">she believed the police officer was involved</a> in her husband's death.<div type="image" title="Sachin Vaze" height="1357" width="1809" msid="81507384" hostid="261"></div>On March 13, <a href="https://www.indiatoday.in/india/story/no-terror-angle-in-ambani-bomb-scare-case-1779108-2021-03-14">Waze was questioned by investigators</a> for more than 12 hours and then arrested "for his role and involvement in placing explosives-laden vehicle near Carmichael Road" on February 25, an NIA spokesperson told India Today. An official told the Hindustan Times that <a href="https://www.hindustantimes.com/cities/mumbai-news/ambani-bomb-scare-nia-arrests-sachin-vaze-101615660618114.html">Waze confessed to being part of a group</a> that placed the vehicle near the Ambani home. Waze remains in NIA custody as the investigation continues. Ambani, who's worth <a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/">more than $83 billion</a>, is once again Asia's wealthiest man after being briefly surpassed by <a href="https://www.businessinsider.com/asias-richest-man-zhong-shanshan-lifestyle-wealth-2021-1">Chinese businessman Zhong Shanshan</a>.The 2018 wedding of <a href="https://www.insider.com/who-is-isha-ambani-2018-12">his daughter, Isha Ambani</a>, garnered international attention thanks to a private performance by Beyoncé and a guest list that included Hillary Clinton and Priyanka Chopra. Ambani and his wife, Nita, also have two sons: 25-year-old Anant Ambani and 29-year-old Akash Ambani.

A car full of explosives was found near the home of Asia's richest man, Mukesh Ambani, in February. A police officer was just arrested for his alleged involvement in the scheme.

Jamnagar (Gujarat) [India], February 28 (ANI): The pre-wedding festivities of Reliance Industries Chairman Mukesh <keyword id="19898589" type="General" weightage="20" keywordseo="ambani" source="keywords">Ambani</keyword>'s youngest son Anant Ambani, who is set to tie the knot with industrialist Viren Merchant's daughter, Radhika Merchant, have started with 'anna seva'. At Jogwad village near Reliance Township in Jamnagar, Mukesh Ambani, Anant Amband other members of the Ambani family, including Radhika Merchant, served traditional Gujarati food to the villagers. Radhika's maternal grandmother and parents - Viren and Shaila Merchant - also took part in the 'anna seva'. Food will be served to about 51,000 local residents, which will continue for the next few days. The Ambani family has organized 'anna seva' to seek the blessings of the local community for the pre-wedding celebrations of Anant Ambani and Radhika Merchant. After the meal, the attendees enjoyed traditional folk music. Famous Gujarati singer Kirtidan Gadhvi stole the show with his singing. Sharing food is an old tradition in the Ambani family. The Ambani family has been serving food on auspicious family occasions. When the country was grappling with coronavirus pandemic, Reliance Foundation, under the leadership of Anant Ambani's mother Nita Ambani, ran a large food distribution programme. Taking forward the family tradition, Anant Ambani has started his pre-wedding functions with anna seva. The pre-wedding functions are expected to be traditional and grand. Guests will get to experience the beauty of Indian culture at the pre-wedding festivities. The guests at the occasion will receive traditional scarves made by women artisans from Kachchh and Lalpur in Gujarat. Qatar Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani, Queen of Bhutan Jetsun Pema, Meta CEO Mark Zuckerberg, Adobe CEO Shantanu Narayen, and Saudi Aramco Chairperson Yasir Al Rumayyan are among those invited for the celebrations scheduled between March 1-3. The guest list also includes former Prime Minister of Sweden Carl Bildt, former Prime Minister of Canada Stephen Harper, President of Google Donald Harrison, former President of Bolivia President Jorge Quiroga, former Prime Minister of Australia Kevin Rudd and Chairperson World Economic Forum Klaus Schwab. CEO and MD ADNOC Dr Sultan Al Jaber, CEO bp Murray Auchincloss, Chairman and Founder Colony Capital <keyword id="20770673" type="General" weightage="20" keywordseo="thomas-barrack" source="keywords">Thomas Barrack</keyword>, , CEO JC2 Ventures John Chambers, former CEO bp Bob Dudley, President of Global Development at BMGF Christopher Elias, Executive Chairman at Exor John Elkann, and CEO of Endeavor Ari Emanuel are also expected to be in Jamnagar next month. Chairman and CEO BlackRock Larry Fink, CEO Brookfield Asset Management Bruce Flatt, Co-chair Board member BMGF Bill Gates, COO BlackRock Rob L Goldstein, Managing Director Morgan Stanley Michael Grimes, Chairman Hilton &amp; Hyland Richard Hilton, Vice Chairman Berkshire Hathway Ajit Jain, Board Member Mandarin Oriental Archie Keswick, Scientist Dr Richard Klausner, Businessman Jared Kushner, Founder <keyword id="20626887" type="General" weightage="20" keywordseo="thrive-capital" source="keywords">Thrive Capital</keyword> Joshua Kushner, Former CEO bp Bernard Looney, Former Governor Businessman Terry McAuliffe, Scientist and Entrepreneur <keyword id="20770671" type="General" weightage="20" keywordseo="yuri-milner" source="keywords">Yuri Milner</keyword>, Founder and CEO Lupa Systems James Murdoch, President and CEO Aramco Amin H Nasser, Founder NV Investments <keyword id="20770672" type="General" weightage="20" keywordseo="vivi-nevo" source="keywords">Vivi Nevo</keyword>, Former Dean Harvard Business School Nitin Nohria, COO Meta Javier Olivan, Vice Chairman Bank of America Purna Saggurti, , Founder and CEO Steel Perlot Michelle Ritter, Founder Schmidt Futures Eric Schmidt, Founding and Managing Partner Sherpalo Ram Shriram, CEO Sanmina Corp Jure Sola, CEO Enterprise GP Jim Teague, Group Chairman HSBC Holdings Plc Mark Tucker, and journalist Fareed Zakaria are among some of the other expected guests. Recently, Reliance Foundation posted a video on their Instagram handle in which women from Gujarat can be seen curating Bandhani scarves for the wedding functions of Anant and Radhika. In the clip, one can also see Nita Ambani, the founder and chairperson of Reliance Foundation, meeting the artisans and expressing her happiness for their hard work. "These women pour their hearts and souls into the craft, preserving age-old techniques and breathing life into stories as ancient as the land itself. Swadesh is empowering communities and preserving age-old craftsmanship," Reliance Foundation captioned the post. Ushering in the much-awaited wedding, the Ambani family has also facilitated the construction of new temples within a sprawling temple complex in Jamnagar, Gujarat. Featuring intricately carved pillars, sculptures of Gods and Goddesses, fresco-style paintings, and architecture inspired by generations of artistic heritage, the temple complex keeps India's rich cultural and spiritual identity at the heart of the wedding festivities. Brought to life by master sculptors, the temple art employs age-old techniques and traditions. The initiative highlights the incredible skills of local artisans, reflecting Nita Ambani's vision of preserving and promoting Indian heritage, tradition and culture. Anant and Radhika got engaged in a traditional ceremony in January 2023 at the family's residence Antilia in Mumbai. Isha Ambani, Akash Ambani and Anant Ambani, the three children of Mukesh-Nita Ambani, have been closely involved with and are leading and managing key businesses of RIL over the last few years including retail, digital services and energy and materials businesses. They also serve on the boards of the key subsidiaries of Reliance Industries. While Isha M Ambani has been driving the expansion of Reliance Retail, Akash M. Ambani is serving as the Chairman of Reliance Jio Infocomm Limited (RJIL) since June 2022 and Anant M Ambani is driving the expansion of energy and materials businesses of Reliance Industries. Isha and Akash got married in 2018 and 2019, respectively. Anant Ambani is also involved with several compassionate initiatives to rehabilitate at-risk animals and provide them care and dignity in their residual life. Reliance Industries and Reliance Foundation this Monday launched Vantara, a paradigm-shifting initiative for animal welfare in the heart of Gujarat's green belt. Vantara (Star of the Forest), an ambitious programme is dedicated to the rescue, treatment, care, and rehabilitation of animals in need. (ANI)

Anant Ambani, Radhika Merchant's pre-wedding celebrations begin with 'anna seva'

<ul><li>This is the second instance of <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword> family getting threats on the hospital landline number.</li><li><keyword id="3820" type="General" weightage="50" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> currently has a Z-Plus security cover, provided by the Central government.</li><li>In 2013, a letter sent in the name of terror outfit Indian <keyword id="1336187" type="General" weightage="50" keywordseo="mujahidin" source="Orion">Mujahidin</keyword> was delivered to Ambani's Maker Chambers office. </li></ul> Calls received by a hospital run by the Reliance Foundation threatening to kill Mukesh Ambani and his family members were the latest of the threats received by the billionaire industrialist. Mumbai Police on Thursday arrested Rakesh Kumar Mishra (30) from Darbhanga in Bihar for allegedly making calls to Sir H N Reliance Foundation Hospital here in the last two days, threatening to blow up the hospital and kill Ambani, his wife Nita and sons Akash and Anant. The caller had also threatened to blow up Antilia, the famous south Mumbai residence of the Ambani family on Altamount Road in South Mumbai . According of the city police, this is the second instance of Ambani family getting threats on the hospital landline number. On August 15 this year, the hospital had received at least nine calls threatening the Reliance Industries chairman and his family members, said an official. <keyword id="15181308" type="General" weightage="50" keywordseo="bishnu-vidu-bhoumik" source="Orion">Bishnu Vidu Bhoumik</keyword> (56) was arrested in connection with the calls. In November 2021, Mumbai Police increased the security outside Antilia following a tip given by a taxi driver about a possible threat, but investigation found there was no such threat. But an incident involving threat to the Ambani family earlier that year made national headlines and shook the state government. On February 25, 2021, an explosive-laden SUV was found parked on Carmichael Road in South Mumbai, near the Ambani residence. Police recovered a printed threat note inside along with gelatin sticks. The note this was only a "trailer" and there would be assembled explosives next time instead of just loose sticks. <keyword id="10875173" type="General" weightage="50" keywordseo="mansukh-hiran" source="Orion">Mansukh Hiran</keyword>, a Thane-based businessman, told police the SUV had been stolen from his possession. But the matter took a grim turn when Hiran was found dead in a creek in Thane a few days later, and an Assistant Inspector of Mumbai crime branch, <keyword id="1006310" type="General" weightage="50" keywordseo="sachin-waze" source="Orion">Sachin Waze</keyword> was arrested for alleged involvement in parking the SUV near Antilia and also for Hiran's murder. The affair also led to Mumbai Police Commissioner <keyword id="8848108" type="General" weightage="50" keywordseo="param-bir" source="Orion">Param Bir</keyword> Singh being shunted out. An angry Singh then accused then home minister Anil Deshmukh of asking police to collect money from bars in Mumbai; Deshmukh subsequently resigned and the CBI registered a corruption case against him. Mukesh Ambani currently has a Z-Plus security cover, provided by the Central government. The Central Industrial Security Force provides security to his residence. In 2013, a letter sent in the name of terror outfit Indian Mujahidin was delivered to Ambani's Maker Chambers office in Nariman Point area. It threatened him for supporting then Gujarat Chief Minister <keyword id="6354477" type="General" weightage="50" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword>. Mukesh Ambani's younger brother and industrialist Anil Ambani was in news for reason related to security in 2009 when pebbles were discovered in the fuel tank of his chopper. It was suspected that it was a sabotage attempt. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/world-bank-downgrades-indias-economic-growth-forecast-to-6-5-for-fy23/articleshow/94684137.cms">World Bank downgrades India's economic growth forecast to 6.5% for FY23</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/telecom/news/airtel-rolls-out-5g-plus-in-8-cities-promises-20-30x-higher-speeds/articleshow/94679793.cms">Airtel rolls out 5G Plus in 8 cities, promises 20-30x higher speeds</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/sensex-gains-156-points-led-by-metal-it-and-capital-goods-amid-foreign-capital-inflows/articleshow/94684483.cms">Sensex gains 156 points led by metal, IT and capital goods amid foreign capital inflows</a>

Ambani family has been target of threats over the years

New Delhi: <keyword id="19902194" type="General" weightage="100" keywordseo="Anil-Ambani" source="keywords">Anil Ambani</keyword> is reviewing a <keyword id="20738747" type="General" weightage="20" keywordseo="Sebi-order" source="keywords">Sebi order</keyword> imposing a fine and banning him from capital markets for five years in an alleged fund diversion case and will take appropriate next steps as legally advised, his spokesperson said in a statement on Sunday. <keyword id="19898589" type="General" weightage="20" keywordseo="ambani" source="keywords">Ambani</keyword>, the spokesperson in a statement said, had resigned from the board of <keyword id="21260537" type="General" weightage="20" keywordseo="Reliance-Infrastructure-Ltd" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Infrastructure Ltd" meta.hostid="153" meta.entityid="Reliance Infrastructure Ltd">Reliance Infrastructure Ltd</keyword> and Reliance Power Ltd, pursuant to Sebi's interim order dated February 11, 2022 in the matter pertaining to Reliance Home Finance Ltd. He "is in compliance with the said interim order (of February 11, 2022) for the last two and half years," the statement said. On the August 22 order that banned him and 24 others from the securities market for five years on charges of diversion of funds, the spokesperson said, "Mr Ambani is reviewing the final order dated August 22, 2024 passed by Sebi in the said matter, and will take appropriate next steps as legally advised." The Securities and Exchange Board of India (Sebi) had also imposed a fine of Rs 25 crore on Ambani, saying he orchestrated a scheme to "siphon off" funds from Reliance Home Finance, a listed subsidiary of conglomerate <keyword id="20479923" type="General" weightage="20" keywordseo="Reliance-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Group" meta.hostid="153" meta.entityid="Reliance Group">Reliance Group</keyword> of which he is chairman. The ban means that he and the other 24 will not be able to access the securities market and are prohibited from buying, selling or otherwise dealing in securities, directly or indirectly. In a separate statement, Mumbai-listed Reliance Infrastructure Ltd said it "was not a noticee or party to the proceedings before Sebi in which the order is passed. No directions are given in the order against Reliance Infrastructure Ltd". "Mr Ambani had resigned from the board of directors of Reliance Infrastructure Ltd pursuant to the interim order dated February 11, 2022 passed by Sebi in the same proceedings. Therefore, the order dated August 22, 2024 passed by Sebi has no bearing whatsoever on the business and affairs of Reliance Infrastructure Ltd," it said. Reliance Power, the other listed company of Anil Ambani's group, also issued a similar statement saying Ambani had resigned in 2022 and that the latest Sebi order has no bearing on it. Sebi in the August 22 order had stated that a "fraudulent" scheme "siphoned off" funds from Reliance Home Finance, which provides loans for housing and construction, by structuring them as loans to credit-unworthy borrowers. Most of these borrowers were linked to "promoters", the regulator had said. Anil Ambani and his elder brother Mukesh had in July 2006 split their father Dhirubhai Ambani-created Reliance Industries Ltd. Anil Ambani's Reliance Group spanned financial services, infrastructure and telecommunications while the elder brother got the traditional oil refining and petrochemicals business. Over the last few years, Anil Ambani has seen three of the largest firms within the group, including Reliance Communications, Reliance Capital, and Reliance Infrastructure, undergoing bankruptcy over unpaid debt. Sebi has charged that more than Rs 9,000 crore worth of loans from Reliance Home Finance were made to "nondescript borrowers who had no demonstrable financial ability to repay any of it". The other 24 banned include executives of Anil Ambani's Reliance Group and other unlisted companies connected to him.

Anil Ambani reviewing SEBI order, to take appropriate steps: Statement

Unless in a coma for the past several months, one would have come across the news of Anant Ambani, youngest son of Reliance Industries chairman Mukesh Ambani, getting married to <keyword id="20178843" type="General" weightage="20" keywordseo="Radhika-Merchant" source="keywords">Radhika Merchant</keyword>, daughter of Viren A. Merchant, on July 12 at Mumbai's Jio World Convention Center. The lavish wedding and pre-wedding events, following their engagement last year, drew nationwide attention for its grandeur and the presence of hundreds of celebrities and prominent personalities. Now, reports of the <keyword id="22409157" type="General" weightage="20" keywordseo="luxurious-gifts" source="keywords">luxurious gifts</keyword> given to Anant's close friends are also making waves. As per media reports, Anant Ambani surprised his groomsmen by giving each of them a watch worth ₹2 crore. These expensive <keyword id="22409155" type="General" weightage="20" keywordseo="Audemars-Piguet-watches" source="keywords">Audemars Piguet watches</keyword> are creating a buzz online. Guests are posting videos of the lavish gift hampers that include these elegant watches, showing how grand Anant's gesture was. <div type="image" title="Watches" msid="111733513" hostid="261" caption="&amp;lt;p&amp;gt;Screengrab from a video floating on the internet&amp;lt;/p&amp;gt;"></div>A Reddit post revealed that Anant had ordered a custom set of 25 limited edition Audemars Piguet Royal Oak Perpetual Calendar Luminary Edition watches. Famous recipients included Shah Rukh Khan, Ranveer Singh, Shikhar Pahariya, Veer Pahariya, and Meezaan Jafri, as deduced from social media updates and celebrity interactions. The watch Anant Ambani gifted has a 41 mm pink gold case and is 9.5 mm thick, with a see-through back and a secure crown. It has a pink gold dial with a special pattern, blue counters, pink gold hour markers, and glowing hands. The watch also features a pink gold inner bezel and a self-winding movement that shows the week, day, date, moon phase, month, leap year, and time. While Anant Ambani gifted Audemars Piguet watches to his groomsmen, Reliance employees also received Haldiram Bhujia as a wedding gift. <div type="twitter" handle="the_codewala" handlename="the_codewala" favoritecount="0" retweetcount="0" id="1810972241594863814"></div>Several Reliance employees shared photos and videos on social media of the gift box they received before Anant Ambani and Radhika Merchant's wedding on July 12. The red gift box has gold lettering that says: “With the divine grace of our gods and goddesses, we celebrate the wedding of Anant and Radhika. Best wishes, Nita and Mukesh Ambani.” (With inputs from TOI and Hindustan Times) SEE ALSO: <a href="https://www.businessinsider.in/india/news/pm-narendra-modi-attends-anant-ambani-and-radhika-merchants-star-studded-wedding-event/articleshow/111719695.cms" data-type="tilCustomLink" target="_blank">PM Narendra Modi attends Anant Ambani and Radhika Merchant's star-studded wedding event</a> <a href="https://www.businessinsider.in/politics/india/article/rahul-gandhi-takes-dig-at-politicians-attending-ambani-wedding-bash-while-commoners-are-dying-of-hunger/articleshow/111727513.cms" data-type="tilCustomLink" target="_blank">Rahul Gandhi takes dig at politicians attending Ambani wedding bash while commoners are “dying of hunger”</a>

Ambani wedding giveaways: ₹2 Crore Watches for SRK, Ranveer and Groomsmen, Bhujia for Reliance employees

Reliance Industries Chairman, <keyword id="3820" type="General" weightage="50" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> and <keyword id="7024" type="General" weightage="80" keywordseo="nita-ambani" source="Orion">Nita Ambani</keyword>, founder and chairperson of Reliance Foundation hosted International Olympic Committee (<keyword id="6354733" type="General" weightage="20" keywordseo="ioc" source="Orion">IOC</keyword>) president <keyword id="111002" type="General" weightage="80" keywordseo="thomas-bach" source="Orion">Thomas Bach</keyword> at their residence Tuesday ahead of the 141st IOC Session to be held between October 15-17 in Mumbai. Nita Ambani welcomed Thomas Bach in a traditional Indian way on Tuesday evening at their residence ahead of the 141st IOC Session. Football Sports Development Limited (FSDL) Founder Chairperson Nita Ambani and Thomas Bach on Sunday attended a Football match between Mumbai City FC and Kerala Blaster FC. Earmarking talents like Sandesh Jhingan, Akash Mishra, and Sahal Abdul Samad amongst others, Nita Ambani expressed happiness at seeing the performance of such individuals being identified and nurtured by the <keyword id="244888" type="General" weightage="20" keywordseo="isl" source="Orion">ISL</keyword> and mentioned it as an extremely fulfilling and proud moment for the entire league. "It has been such an exciting and fulfilling journey, 10 years of growing football in our country. I owe this journey a lot to the fans of football here who have gathered here in large numbers and all the players, sponsors and supporters of this beautiful game," Nita Ambani said on Sunday. "What has been really fulfilling in this journey is nurturing young talents and giving them a platform to perform on the global stage. Many of our young footballers who are now discovered, developed and nurtured by the ISL are now playing for the national team, like Sandesh Jhingan, Sahal Abdul Samad, Akash Mishra, so that has been a really, really proud moment for us at ISL," she added. She was accompanied by the International Olympic Committee (IOC) President Thomas Bach, who appreciated the ISL for helping Indian football take a giant leap in the last 10 years. Bach was amazed at the passionate crowd support during the match between the Islanders and the Blasters, as he praised Nita Ambani and the whole team behind the FSDL for giving this incredible shape to the top-tier football league in the country. "It's exciting to see these very passionate and peaceful fans sitting next to each other and celebrating the players. This is a real sports experience that we can enjoy here. It's a good match and I can only admire what has been achieved here in 10 years by the ISL, particularly by Mrs. Nita Ambani and the team," Bach said.

Nita and Mukesh Ambani host IOC President Thomas Bach at Antilia

Reliance Industries Ltd Chairman and Managing Director <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> termed <keyword id="6355725" type="General" weightage="80" keywordseo="tata-group" source="Orion">Tata Group</keyword> Chairperson N Chandrasekaran as a "true inspiration" for the business community and youth of the country. Addressing a convocation of Pandit Deendayal Energy University (PDEU) in Gandhinagar on Tuesday, <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword> showered praises for the Tata Group chairperson, who was the chief guest at the event. "He (Chandrasekharan) is a true inspiration to the business opportunity and the youth of <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>. Through vision conviction and rich hands-on experience, he has scripted Tata Group's spectacular growth in recent years. He has also led its forays into the businesses of the future," the <keyword id="6484187" type="General" weightage="50" keywordseo="ril" source="Orion">RIL</keyword> chief said. "I am particularly inspired by the gigantic step the group has taken in the field of renewable energy under his leadership. The steps reflect his faith in the ability of new energy technologies to lead us to a better and brighter future," Ambani said. Ambani also said that if India has to become a renewable energy powerhouse, it is possible through the combined will and initiatives of many leading business groups working with the ethos of a national coalition. According to the university's website, Mukesh Ambani is the president and chairman of its board. Later in his address on Tuesday, Ambani said India is poised for an "unprecedented explosion in economic growth and opportunities" during Amrit Kaal - the 25-year period to 2047 when India will celebrate the centenary of its independence. By 2047, India will be a USD 40-trillion-dollar economy and ranked among the top three economies of the world. He said the three game-changing revolutions will together transform lives in ways unimagined. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world in your working life. In other words, a bright future beckons you. Be ready to step out confidently when opportunity knocks on your door," Ambani said. "While the Clean Energy Revolution and the Bio-Energy Revolution will produce energy sustainably, the Digital Revolution will enable us to consume energy efficiently. All three revolutions will together help India and the world save our beautiful planet from the Climate Crisis," he said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/mukesh-ambani-says-india-will-become-a-40-trillion-economy-by-2047/articleshow/95692457.cms">Mukesh Ambani says India will become a $40 trillion economy by 2047</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/tata-tiago-nrg-icng-vs-alto-k10-cng-comparison-of-price-specification-and-features/slidelist/95707277.cms">Tata Tiago NRG iCNG vs Alto K10 CNG – Price, specifications and features compared</a>

Mukesh Ambani calls Tata Group chairman N Chandrasekharan a 'true inspiration to India's youth'

NEW DELHI: Stating that Reliance Jio will cover around 5,000 towns and 2.5 lakh villages in the initial phase, <keyword id="6484187" type="CITY" weightage="40" keywordseo="RIL">RIL</keyword> Chairman <keyword id="523543" type="PERSON" weightage="100" keywordseo="Mukhesh-Ambani">Mukhesh Ambani</keyword> on Wednesday said, "Reliance Jio will be RIL's most transformational business." 
 
Ambani said that the company may rollout 4G broadband services in the coming months. "Limited field trials for broadband are already ongoing. We plan to have a phased launch of broadband operations from 2015." "Rs 70,000 crore is being invested in 4G broadband," he added. 
 Addressing RIL's 40th AGM, Ambani said that the company aims to become a Fortune 50 company in the next 2-3 years. "<keyword id="6355199" type="CITY" weightage="40" keywordseo="Reliance-Industries">Reliance Industries</keyword> will <keyword id="47916" type="UNKNOWN" weightage="40" keywordseo="invest">invest</keyword> Rs 1,80,000 crore in next three years," he said. 
 
"Market-based gas prices are key to developing RIL's energy resources," he said. "We are looking to expand international presence beyond US. We are evaluating opportunities to expand presence in Venezuela," he added. 
 
On the issue of gas price hike, Ambani said, "RIL is facing ill-informed campaign against gas price hike. We will endeavour to work with government to resolve issues of KG-D6 production." "Efforts being made to maximise production from KG-D6 wells. We are assessing the potential of new gas discoveries in India," Ambani added. 
 
Speaking about RIL's retail business, Ambani said, "We are confident of doubling retail business every 3-4 years. Retail will emerge as a major growth engine for consumer business." "Reliance Retail is India's largest retailer by revenues. We have 1,691 Reliance Retail stores across 146 cities in India," he said. 
 
Ambani said that Jio, a Rs 70,000-crore investment business, will be one of the largest job and wealth creators. He added that the company already directly employed over 10,000 staff, and some 30,000 from partners and vendors. 
 
Another 100,000 people from digital infrastructure vendors to Jio are engaged in laying down the digital back bone, or fibre optic network, country wide.

Reliance Jio 4G From 2015; RIL Aims To Be Fortune 50 Company: Mukesh Ambani At AGM

Mumbai, <keyword id="40530" type="General" weightage="20" keywordseo="tina-ambani" source="Orion">Tina Ambani</keyword>, the wife of Reliance ADA Group Chairman <keyword id="9171" type="General" weightage="20" keywordseo="anil-ambani" source="Orion">Anil Ambani</keyword>, on Tuesday appeared before the Enforcement Directorate (ED) here for questioning and recording her statement in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. Anil Ambani had recorded his statement in the case on Monday under sections of the Foreign Exchange Management Act (FEMA) and he is expected to appear before the federal agency again later this week for completion of the exercise. The investigation against the couple pertains to the possession of certain alleged undisclosed assets abroad and linked movement of funds, the sources said. Anil Ambani's alleged links to some offshore companies based in Jersey, British Virgin Islands and Cyprus are under the probe scanner of the ED. He had been questioned by the agency in 2020 in a money laundering case against Yes Bank promoter Rana Kapoor and others. In August last year, the income-tax department issued a notice to Anil Ambani under the anti-black money law for allegedly evading Rs 420 crore in taxes on undisclosed funds of more than Rs 814 crore held in two Swiss bank accounts. The Bombay High Court in March ordered an interim stay on this I-T show-cause notice and penalty demand.

You Searched For "ambani" and got 12 results

Anant Ambani gets engaged to Radhika Merchant amidst traditional Gujarati ceremonies

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A car full of explosives was found near the home of Asia's richest man, Mukesh Ambani, in February. A police officer was just arrested for his alleged involvement in the scheme.

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Anant Ambani, Radhika Merchant's pre-wedding celebrations begin with 'anna seva'

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Ambani family has been target of threats over the years

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Anil Ambani reviewing SEBI order, to take appropriate steps: Statement

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Ambani wedding giveaways: ₹2 Crore Watches for SRK, Ranveer and Groomsmen, Bhujia for Reliance employees

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Nita and Mukesh Ambani host IOC President Thomas Bach at Antilia

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Mukesh Ambani calls Tata Group chairman N Chandrasekharan a 'true inspiration to India's youth'

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Anil Ambani's wife Tina Ambani appears before ED in FEMA case

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