Shanna Khan, the daughter of Pakistan’s richest man Shahid Khan, is a philanthropist, entrepreneur, and Congressional representative. Despite her father’s immense wealth, Shanna leads a modest life, dedicating herself to helping vulnerable youths and their families. She is known for her charitable initiatives through the Jaguars Foundation and her work as district assistant for a Congressman.
Kabeer Biswas, the founder of Dunzo, a startup valued at Rs 6400 crore, is navigating a challenging period as the company faces financial difficulties. Despite the support of Mukesh Ambani, India’s richest man, Dunzo has repeatedly delayed employee salaries and reported a significant loss in FY23. The company’s co-founders and finance director have also exited recently, adding to the challenges faced by Biswas.
Mukesh Ambani, the chairperson of India’s most valuable company Reliance Industries, is planning to establish a global economic hub in Navi Mumbai. For this purpose, Reliance Industries has leased a massive 3,750 acres of land for 43 years in Navi Mumbai for a whopping Rs 13,400 crore. The land will be used to develop an integrated industrial area with global partnerships, similar to Reliance’s existing industrial complexes in Jamnagar, Hazira, and Dahej. Reliance Industries began the sub-lease of the land in 2019 with an initial payment of Rs 2,180 crore.
Anil Ambani, the younger brother of India’s richest man Mukesh Ambani, turned 65 on June 4. Despite facing financial challenges in recent years, Ambani is making a strong comeback. His wife Tina Ambani expressed her love and support in a heartfelt birthday post, highlighting his perseverance and encouragement. Once one of the richest men in the country, Ambani’s net worth had plummeted after a split with his brother and bankruptcy in 2020. However, with the support of his sons and investments from Japanese companies, the Reliance Group is seeing positive growth under his leadership.
Billionaire Mukesh Ambani’s son, Anant Ambani, is set to marry Radhika Merchant on July 12th in a traditional Hindu ceremony in Mumbai. The festivities will span four days, including the Shubh Vivah wedding function, Shubh Aashirwad divine blessings ceremony, and Mangal Utsav wedding reception. Guests are expected to adhere to Indian attire for the main ceremonies and dress in accordance with the ‘Indian chic’ theme for the reception.
Mukesh and Nita Ambani are hosting an extravagant second pre-wedding bash on a luxury cruise, with a no-phone policy in place. The cruise will embark on a picturesque journey from Italy to the South of France and back, with a star-studded guest list of celebrities and family members. The four-day itinerary includes a variety of themed events, such as a ‘Starry Night’ formal dinner and a ‘Toga Party’. The bash will culminate in a masquerade ball in Cannes.
Following the grand pre-wedding festivities in Jamnagar, Gujarat, Mukesh Ambani and Nita Ambani are set to host a second pre-wedding bash for their son Anant Ambani and his fiancée, Radhika Merchant. Scheduled from May 28-30, this exclusive event will take place aboard a luxury cruise traversing from Italy to southern France, covering a distance of 4380 km. The guest list boasts around 800 attendees, including Bollywood celebrities Shah Rukh Khan, Aamir Khan, and Salman Khan, along with Ranbir Kapoor and Alia Bhatt. An additional 600 hospitality staff will cater to the guests’ comfort and needs. The couple’s wedding is reportedly set to take place in London in July.
The Congress party has reiterated its demand for an investigation into allegations that industrialists Mukesh Ambani and Gautam Adani sent illicit funds to the Congress. Party spokesperson Jairam Ramesh emphasized the need for a joint parliamentary committee (JPC) probe into the relationship between Adani’s business empire and the Modi government. Ramesh also accused Modi of enabling Adani to acquire supernormal profits and flout regulations. The Congress has been calling for an investigation into the alleged quid-pro-quo between the Modi government and the Adani Group since January.
India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks, according to a CNN report. The report says to spur growth, the Modi government has begun a massive infrastructure transformation by spending billions on building roads, ports, airports and railways. It is also heavily promoting digital connectivity, which can improve both commerce and daily life. The report also pointed out that the kind of power and influence being enjoyed by the two Indian tycoons has been seen before in other countries “experiencing periods of rapid industrialisation.”
Following extravagant celebrations in Jamnagar, Mukesh Ambani and Nita Ambani have reportedly arranged for the second round of pre-wedding festivities for their son Anant Ambani and Radhika Merchant in London. Celebrities like Arjun Kapoor, Ranveer Singh, and Atif Aslam were spotted attending the event, and photos featuring a lit-up Stoke Park estate suggest the party took place there. Meanwhile, the Ambanis are said to be planning a grand pre-wedding celebration on a cruise ship off the coast of South France from May 28 to 30, with A-list Bollywood stars expected to be in attendance.
