Results for: Mukesh Ambani

Anil Ambani, once the sixth richest person globally, experienced a dramatic fall from grace as his business empire crumbled under debt and controversies. His younger brother, Mukesh Ambani, now holds the title of India’s richest man. However, Anil’s sons, Jai Anmol and Anshul, are actively working to revive their father’s legacy, focusing on debt reduction and business expansion. Their efforts are showing signs of success, with Reliance Capital regaining operational strength and Reliance Infrastructure shedding debt.

Harsh Jain, son of renowned businessman Anand Jain, has built a massive Rs 65,000 crore empire with his fantasy sports platform, Dream11. While known as Mukesh Ambani’s close friend, Anand Jain’s son has made his own mark in the world of business, rivaling the success of Ambani’s children. Learn about the journey of Dream11 from its humble beginnings to becoming India’s first unicorn fantasy sports company.

Mukesh Ambani, India’s richest man, saw his wealth increase by a staggering Rs 80,359.48 crore after Reliance Industries shares jumped 4% on Wednesday. This surge comes just days before his son, Anant Ambani, is set to marry Radhika Merchant on July 12th. The company’s market valuation also climbed significantly, contributing to a positive day for the Indian stock market.

Reliance Jio, India’s largest telecom provider, has introduced a range of new unlimited 5G plans starting July 3. The new plans feature increased tariffs, with prices ranging from Rs 189 to Rs 3,599, and offer unlimited 5G data for plans exceeding 2GB daily usage. This move comes after Jio’s successful participation in the recent spectrum auction.

Two college students, Rajveer Jagatsingh Khant and Ganesh R Vanparthi, have been charged by the Mumbai Crime Branch for sending threatening emails to Reliance Industries Chairman Mukesh Ambani, demanding a large sum of money. The students, arrested in November 2023, utilized virtual private networks and secure email services to conceal their identities and send multiple emails demanding crores of rupees.

Reliance Jio, led by India’s richest man Mukesh Ambani, has deposited the highest earnest money of Rs 3,000 crore for the 5G spectrum auction, indicating their ambitious plans to expand their high-speed internet network across the country, including rural areas. The auction, which began on Tuesday, involves the sale of airwaves worth Rs 96,317.65 crore for over 10,500 Mhz mobile services, attracting bids from major telecom operators like Jio, Airtel, and Vodafone Idea.

A doctor in Mumbai has reported losing over ₹7 lakhs in a share market scam that allegedly used a deepfake video of Mukesh Ambani on Instagram to lure victims. The police have registered a case under relevant sections of the IPC and IT Act.

Tony Khan, son of Pakistan’s wealthiest man Shahid Khan, mirrors the success of Mukesh Ambani’s children in the sports industry. Like the Ambani family, Khan is actively involved in various sporting ventures, leading the All Elite Wrestling (AEW) and owning the Jacksonville Jaguars NFL team, among others. Although his net worth pales in comparison to Isha and Akash Ambani, Tony boasts a larger social media following due to his involvement in popular sports.

Mian Mohammad Mansha, often called the ‘Mukesh Ambani of Pakistan,’ is a prominent Pakistani billionaire who has built a vast business empire and is known for his philanthropy. Born in India in 1941, Mansha moved to Pakistan during the 1947 partition and went on to become the country’s first billionaire. He currently holds a net worth of around 5 billion dollars and leads a diversified business group involved in textiles, power projects, cement, insurance, banking, and more. Mansha is widely respected for his contributions to the Pakistani economy and his charitable activities, including a recent donation of Rs 6900000 to the Prime Minister’s Flood Relief Fund.

Mukesh Ambani’s lavish engagement celebration for his son Anant Ambani and Radhika Merchant was a spectacle of opulence, marked by exclusive cruise stops, performances by Rihanna, and grand festivities that reportedly cost $150 million. However, the event sparked controversy in Portofino, Italy, where residents expressed outrage over the closure of the bay, affecting businesses and locals. Despite the controversy, Ambani’s pre-wedding celebrations in his hometown of Jamnagar were equally extravagant, featuring jewelled elephants and an appearance by Rihanna.