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Mukesh Ambani

Meet son of Pakistan’s richest man, owns several sports teams, no match for Anant Ambani, Akash Ambani, he is…

Shahid Khan is currently Pakistan’s richest man with a net worth of over Rs 99598 crore. Shahid Khan’s son Tony Khan has some similarities with Mukesh Ambani’s sons that you may find surprising.

Mukesh Ambani is the richest man of India and Asia with a net worth of Rs 948470 crore. He is currently trending all over social media platforms as his younger son Anant Ambani is about to get married to Radhika Merchant. The pre-wedding celebrations have already begun in Reliance Greens in Jamnagar and global personalities including Mark Zuckerberg, Bill Gates, Rihanna and others have arrived in India for the grand event. Similar scale of events took place when Mukesh Ambani’s elder son Akash Ambani got married to Shloka Mehta. As the son of India’s richest man is trending all over the internet, let’s meet the son of Pakistan’s richest man. For those who are unaware, Shahid Khan is currently Pakistan’s richest man with a net worth of over Rs 99598 crore. Shahid Khan’s son Tony Khan has some similarities with Mukesh Ambani’s sons that you may find surprising.

Mukesh Ambani and his sons Akash Ambani and Anant Ambani are nvolved in a wide range of businesses. The family is also involved in a number of sports ventures and own a few cricket teams in different leagues across the world. Mumbai Indians is the most popular sports team overseen by Mukesh Ambani and his kids. Similarly, Shahid Khan’s son Tony Khan takes care of the family’s sports ventures. 

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Tony leads a range of sports ventures including All Elite Wrestling (AEW), Jacksonville Jaguars of the National Football League (NFL) and Fulham club from Premier League. Apart from sports ventures, Khan is also a part of TruMedia Networks, Activist Artists Management and Ring of Honor (ROH).  If reports are to be believed, Tony Khan’s net worth is around Rs 12000 crore which is nowhere close to Isha Ambani and Akash Ambani who are kids of India’s richest person Mukesh Ambani. Although Tony’s roots are Pakistani, he was born and brought up in the USA’s Illinois.

The only thing in which Tony Khan is ahead of Mukesh Ambani’s kids is social media following. Being an active participant of most viewed sports in the world, Tony Khan enjoys a massive Instagram following of more than 206,000 followers.

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This article was published on DNAIndia.com!

Anant Ambani Vantara programme: Over 200 elephants, 1000 crocodiles, 3000 acres of land and more!

The pre-wedding celebrations for Anant Ambani and Radhika Merchant are about to start in Jamnagar, Gujarat, and Mukesh Ambani’s younger son has announced a wildlife rescue and rehabilitation program named Vantara in advance of the huge event.

Anant Ambani, son of India’s richest man Mukesh Ambani, will soon tie knots with his fiance Radhika Merchant. Anant Ambani and Radhika Merchant pre-wedding festivities will soon begin in Gujarat’s Jamnagar and ahead of the massive event, Mukesh Ambani’s younger son has announced a wildlife rescue and rehabilitation programme named Vantara. Since the announcement of the grand project, videos of Anant Ambani and the Vantara rehabilitation centre have been doing rounds on social media platforms. While many are confusing it for an animal hospital, a few think that Vantara is a zoo. To give you a better clarity, here’s everything we know about Anant Ambani’s new Vantara programme.

Vantara means Star of the Forest. It is not a zoo or an animal hospital specifically but an umbrella initiative to focus on rescue, treatment, care and rehabilitation of injured, abused and threatened animals, both in India and abroad. Situated within the lush Green Belt of Reliance’s Jamnagar Refinery Complex in Gujarat, Vantara is spread over 3000 acres, meticulously designed to provide a nurturing haven for rescued species to flourish. 

Also Read:Anant Ambani (Businessman) Biography

The facility includes shelters, scientifically designed day and night enclosures, hydrotherapy pools, water bodies and a large elephant jacuzzi for treating arthritis in Elephants. It is home to over 200 Elephants who are cared for round-the-clock by a specialized and trained staff of over 500 people including vets, biologists, pathologists, nutritionists and naturalists. The Centre has a special kitchen of over 14000 square feet dedicated to preparing a curated diet for each elephant keeping in mind their most necessary physical needs including their oral health.

Anant Ambani

For other wild animals that have been deployed in circuses or congested zoos, a Rescue and Rehabilitation centre of over 650 acres within the 3000 acre premises has been created where animals from distressed and dangerous environments from India and all over the world are rescued and housed in state-of-the-art large enclosures and shelters.

With a staff strength of about 2100+, the rescue and rehabilitation Centre has rescued about 200 leopards from all over India which have suffered injuries in road accidents or man-wild conflicts. It has rescued over 1000 crocodiles from a severely overcrowded and congested facility in Tamil Nadu. It has rescued animals from hunting lodges in Africa, animals under threat of euthanasia in Slovakia, severely distressed animals from facilities in Mexico.

The Centre has a 1 Lakh square foot hospital & medical research centre. The hospital and research centre possess the most advanced technology with an ICU, MRI, CT scan, X-ray, ultrasound, endoscopy, dental scalar, lithotripsy, dialysis, OR1 technology that enables live video conferences for surgeries and blood plasma separator. Over 2000+ animals across 43 species are under the care of the Rescue & Rehabilitation Centre.

For about 7 endangered species of Indian as well as foreign animals the Centre has started conservation breeding programs with the objective of having a viable reserve population to repopulate the populations of endangered species in their native habitats to save them from extinction.

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This article was published on DNA India!

Mukesh Ambani, Nita Ambani give expensive gifts to their ‘choti bahu’ Radhika Merchant like car and…

Before the festivities begin on March 1, let us tell you about the expensive gifts that Nita Ambani and Mukesh Ambani have given to their future daughter-in-law Radhika Merchant, so far.

Nita Ambani and Mukesh Ambani, who reportedly gifted Akash Ambani’s wife Shloka Mehta, a Rs 451 crore necklace, Mouawad L’Incomparable, one of the most expensive necklaces in the world, would definitely bestow the same amount of love on their future daughter-in-law, Anant Ambani’s fiance Radhika Merchant. 

Mukesh Ambani who is the richest man in India with a net worth of $113 billion (approximately Rs 9,43,091 crore) is currently prepping for the pre-wedding festivities of Anant Ambani and Radhika Merchant which will be held in Jamnagar, Gujarat. 

Also Read :Meet Isha Ambani business partner, who helps run her Rs 8.3 lakh crore company,

Before the festivities begin on March 1, let us tell you about the expensive gifts that Nita Ambani and Mukesh Ambani have given to their future daughter-in-law, so far.

Radhika Merchant was welcomed into the family by Nita Ambani with a beautiful silver Laxmi-Ganesh gift hamper. The hamper included two silver Tulsi pots with a silver incense stick stand and a Lakshmi-Ganesh idol set. 

Radhika Merchant and Anant Ambani got engaged in January 2023 and on that day, the couple was gifted with a Bentley Continental GTC Speed worth around Rs 4.5 crore by Mukesh Ambani.

Mukesh Ambani (Indian Businessman) Biography

Bentley Continental GTC Speed is one of the most luxurious cars in the world and is owned by very few other celebrities including Virat Kohli, Aamir Khan, and Abhishek Bachchan, among others.

Many are unaware that Radhika Merchant, like her soon-to-be mother-in-law Nita Ambani, is a trained Bharatnatyam dancer. In 2022, in Radhika’s honour, the Ambani family arranged an Arangetram ceremony at The Grand Theater, Jio World Center, in Mumbai. Radhika completed her classical dance training under the guidance of Guru Bhavana Thakar. 

Radhika Merchant and Nita Ambani seem to share a close bond. This can be the reason why Nita gifted Radhika her beautiful pearl and diamond choker which she wore at the cocktail ceremony of Mukesh Ambani’s niece, Isheta Salgaocar. Nita Ambani earlier wore the same neckpiece at Sonam Kapoor’s wedding reception.

Also Read: Mukesh Ambani backed BharatGPT to soon launch powerful ‘Hanooman’, to be India’s most valuable…

This Article Was Originally Published on DNAIndia.com!

This brand will face competition from businesses owned by Gautam Adani, Ratan Tata, and Mukesh Ambani!

Turkey-based diamond jewellery brand Zen Diamond has disclosed its strategic plans to enter India’s major metropolitan areas such as Mumbai, Delhi, and Bangalore. The brand will initially focus on launching an online platform, targeting India’s expanding aspirational youth and middle-aged market. Moreover, Zen Diamond has set its sights on tier 2 and tier 3 cities in subsequent phases, aiming to establish physical retail outlets. This move will position Zen Diamond in competition with well-established brands such as those under Mukesh Ambani’s Reliance, the Adani Group and the Tata Group.

Zen Diamond was launched in Istanbul in 2000 by Emil Guzelis and has nearly 400 stores worldwide.

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Emil Guzelis, Chairman of the Zen Diamond group, has teamed up with Neil Sonawala to spearhead the brand’s India venture. Sonawala, who boasts extensive experience in jewelry distribution networks across Hong Kong, China, and Southeast Asia, as well as an advisory role with the De Beers Group and major retail chains in Southeast Asia, is expected to play a crucial role in Zen Diamond’s Indian expansion.

Neil Sonawala also underscored the importance of catering to India’s tech-savvy and globally well-travelled online buyers. He mentioned that Zen Diamond will provide affordable access to international jewelry trends while transforming the diamond jewellery shopping experience in India with outstanding customer service and in-store experiences.

Also Read: Gautam Adani (Chairman of Adani Group) Biography

This Article Was Originally Published on DNAIndia.com!

Mukesh Ambani backed BharatGPT to soon launch powerful ‘Hanooman’, to be India’s most valuable…

Mukesh Ambani’s Reliance Jio will also build customised models for specific use. The Hanooman AI tool will be a boost to India’s biggest telecom operator Reliance Jio that is already working on Jio Brain.

BharatGPT

Mukesh Ambani is the richest man in the country with a massive net worth of Rs 947941 crore. Over the past few years, Mukesh Ambani has been invested hugely to make the tech cheaper in India. He has revolutionised the telecom sector in India with the launch of several affordable devices and data plans. Now, Mukesh Ambani is reportedly gearing up to launch a new powerful AI tool called ‘Hanooman’ soon. As per a report by the Economic Times, Hanooman AI tool will be India’s most valuable company’s push to make the country a player in the field of artificial intelligence. For those who are unaware, Reliance Industries’ is India’s most valuable company with a market cap of more than Rs 1987000 crore. Reliance’s Hanooman is a result of BharatGPT group that includes Reliance Industries and top engineering schools such as IIT Bombay.

Also Read | Meet the man; his father was wealthier than Gautam Adani and Mukesh Ambani, and he receives a pay package of almost Rs 8 crore!

Named after powerful Hindu God Hanooman, the Reliance backed ChatGPT-style service is envisioned as a model working via 11 local languages in the fields of health care, governance, financial services and education. The report by Economic Times further reveals that Reliance’s Hanooman will come with speech-to-text capabilities which will make it vastly more user-friendly.

Mukesh Ambani’s Reliance Jio will also build customised models for specific use. The Hanooman AI tool will be a boost to India’s biggest telecom operator Reliance Jio that is already working on Jio Brain, a platform to use Al across a network of about 450 million subscribers.

A sneak peak of the Reliance-backed Hanooman was offered during a technology conference in Mumbai. The group behind Hanooman AI tool is believed to be first of its kind private-public partnership in the country, and involves major players in disparate fields.

This article is part of DNA India publication.

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Meet the man; his father was wealthier than Gautam Adani and Mukesh Ambani, and he receives a pay package of almost Rs 8 crore!

After nearly 53 years of leading the company to unprecedented heights, Rishad Premji, Azim Premji’s son, became leadership of the international corporation.

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Mukesh Ambani, Gautam Adani are currently the richest persons in India and they have been leading the list of richest Indians for the past few years. However if you go back almost a decade, you’ll be able to see Wipro’s former chairperson Azim Premji among the top two richest Indians. Premji has been in the list of richest Indian people for more than two decades now. He has also been among the most generous people that Indians have ever seen. As per EdelGive Hurun India Philanthropy List 2023, Azim Premji and family donated more than Rs 1774 crore last year. Azim Premji took the lead of Wipro, one of the leading IT firms in India with a market cap of over Rs 278000 crore, when he was just 21 years old. While Azim Premji is one of the most celebrated Indian industrialists, not many know about his son Rishad Premji, who is now spearheading the company.

Also Read: Mukesh Ambani (Indian Businessman) Biography

After taking the company to new heights for around 53 years, Azim Premji handed over the reins of the multinational company to his son Rishad Premji. Currently staying in Bangalore with his wife and two kids, Rishad Premji took a massive pay cut that nearly halved his annual earnings from the previous year. The Wipro Chairman took a compensation of less than 8 crore ($951,353) in the financial year 2022-23. Rishad reportedly opted for a voluntary pay cut in the view of the negative performance at Wipro’s IT services business. During the Covid-19 pandemic in the year 2019-20, Rishad opted for a 31% pay cut.

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Azim Premji’s son Rishad Premji is now the Executive Chairman of Wipro Limited which has more than 250,000 employees in six continents. Rishad joined Wipro in 2007 and worked in several roles before becoming Executive Chairman in 2019. With An MBA from Harvard Business School and a B.A. in economics from Wesleyan University in the US, Rishad Premji served as a Chairman of NASSCOM for the financial year 2018-19.

Also Read: Gautam Adani (Chairman of Adani Group) Biography

Rishad is on the boards of Wipro Enterprises Limited (a leading player in FMCG and infrastructure engineering), Wipro-GE (a joint healthcare venture between Wipro and General Electric) and the Azim Premji Foundation (one of the largest not-for-profit initiatives in India). The Foundation, which is focused on improving public school education, works with more than 350,000 government schools across seven states in India.

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This Article Was Originally Published on DNAIndia.com!

Meet Nita Ambani, the wife of Mukesh Ambani who built the parlor area of the Rs 15000 crore Antilia!

Adorned with pastel hues and intricate lotus and sun motifs, the interiors of Nita Ambani Antilia radiate sophistication and charm.

Nita Ambani

Also Read: Nita Ambani (Indian Philanthropist) Biography

Nita Ambani and Mukesh Ambani’s iconic residence, Antilia, stands as a testament to the opulence and architectural marvel in the heart of Mumbai. With an estimated value of Rs 15,000 crore, it is the most expensive residential property in India.

Designed by the esteemed architectural firm Perkins & Will and constructed by Australia’s Leighton Asia, Antilia is a 27-storey residential tower located at Altamount Road, South Mumbai. Boasting over 400,000 square feet of living space, the tower is equipped with state-of-the-art facilities, including a sprawling theater, spa, massive swimming pool, health center, high-speed elevators, snow room, garage for over 160 vehicles, and three helipads. Notably, it is built to withstand earthquakes of up to eight on the Richter Scale.

While Antilia’s exterior exudes magnificence, it’s the interior that adds a touch of elegance and warmth to the lavish abode. Adorned with pastel hues and intricate lotus and sun motifs, the interiors of Antilia radiate sophistication and charm. Contributing to this aesthetic allure is none other than Gauri Khan, renowned interior designer and wife of Bollywood superstar Shah Rukh Khan.

Gauri Khan, known for her impeccable design sensibilities and expertise in crafting luxurious living spaces, lent her creative touch to Antilia’s bar lounge area in 2019. Collaborating with Nita Ambani, Gauri Khan embarked on this bespoke project with enthusiasm and passion. Sharing her excitement on Instagram, she described working on Antilia as an “incredible experience,” praising Nita Ambani’s discerning eye for design.

As the founder of Gauri Khan Designs and co-founder of Red Chillies Entertainment, Gauri Khan’s creative prowess extends beyond interior design. With a string of successful projects under her belt, including homes for Bollywood celebrities like Ranbir Kapoor, Karan Johar, and Alia Bhatt, Gauri Khan’s design imprint is synonymous with luxury and sophistication.

Apart from her design ventures, Gauri Khan’s entrepreneurial spirit has propelled her to success, reflected in her estimated net worth of Rs 1,600 crore. Through her dedication, talent, and passion for design, Gauri Khan continues to leave an indelible mark on the world of interior architecture, bringing beauty and elegance to spaces like Nita Ambani’s majestic Antilia.

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This article is sourced from DNAIndia News!

Paytm is currently valued at Rs 27800 crore, and allegations of a huge acquisition are refuted by Mukesh Ambani’s Jio Financial Services!

Reports suggested that Mukesh Ambani Jio Financial Services is planning to acquire Paytm’s wallet business. Now, Jio Financial Services’ has revealed in a regulatory filing that it is not in talks with Paytm to acquire the wallet service.

Paytm

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Mukesh Ambani is the richest person in the country with a massive net worth of Rs 929925 crore. He is involved in a range of business through subsidiaries of Reliance Industries which is the most valuable company in India with a market cap of Rs 1947000 crore. Last year, Reliance Industries carved out Jio Financial Services and it got listed in August last year. Mukesh Ambani has big plans for Jio Financial Services and he plans to add a range of new services to the platform. As one of the country ‘s biggest fintech firms Paytm is going through a turbulent phase, reports suggested that Mukesh Ambani’s Jio Financial Services is planning to acquire Paytm’s wallet business. Now, Jio Financial Services’ has revealed in a regulatory filing that it is not in talks with Paytm to acquire the wallet service.

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“We clarify that the news item is speculative and we have not been in any negotiations in this regard,” Mukesh Ambani’s Jio Financial Services’ said in regulatory filing. For those who are unaware, RBI has banned Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc. after February 29. The move from RBI comes after a Comprehensive System Audit report and subsequent compliance validation report of the external auditors revealed persistent non-compliances and continued material supervisory concerns in the bank, warranting further supervisory action.

Since the ban from RBI, Paytm shares have fallen 42% in just 3 days and the investors have lost around Rs 20,500 crore in the process. The stock ended Monday’s session at Rs 438.35 on BSE at all-time low levels.

This article is sourced from DNAindia!

Overtaking Ratan Tata, Adani, Elon Musk, Sundar Pichai, and others, Mukesh Ambani rises to the top of the Indian rankings and ranks No. 2 in the world in…

The 2024 Brand Guardianship Index by Brand Finance places Indian businessman Mukesh Ambani #1 among all Indians and second worldwide.

Mukesh Ambani  latest news

Indian business tycoon Mukesh Ambani, the chairman and managing director of Reliance Industries is known for holding rank in world’s richest person list, but this time he has been ranked first among all Indians and second globally in the Brand Guardianship Index 2024 compiled by Brand Finance. Mukesh Ambani surpasses Microsoft’s Satya Nadella, Google’s Sundar Pichai, Apple’s Tim Cook, Tesla’s Elon Musk, and Indian business magnates such as Ratan Tata and Adani.

Mukesh Ambani ranked No.2 globally only behind Tencent’s Huateng Ma in Brand Finance’s 2024 Brand Guardianship Index. According to the publication, the Brand Guardianship Index is a global recognition of CEOs, who are building business value in a sustainable manner, by balancing the needs of all stakeholders – employees, investors, and the wider society. Tata Sons chairman N Chandrasekaran is ranked at No.5, up from No.8 in the 2023 ranking. He is followed by Anish Shah of Mahindra and Mahindra at No.6 and Infosys’ Salil Parekh at No.16.

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Brand Finance’s survey gave Ambani a BGI score of 80.3, just below 81.6 of Huateng Ma of China-based Tencent. Brand Finance constructs a balanced scorecard of measures designed to identify the factors that best capture the ability of CEOs to act as a steward of their company’s brand and steward long term value.

This year’s analysis reveals that ESG has become the single most important driving force in determining CEO reputation. Being regarded as ‘a sustainability champion’ accounts for 14 per cent of variation in reputation scores, ahead of factors such as perceived trustworthiness (12.5 per cent), having ‘a strong strategy and vision’ and global recognition.

This article is sourced from DNAindia.com!

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Mukesh Ambani’s JioCinema rival gets record 131000000 users in Q4 2023 with help of single feature…

The US, UK, and French pricing rises went more smoothly than the corporation had anticipated, according to its quarterly earnings report.

Mukesh Ambani's JioCinema rival gets record 131000000

Netflix’s crackdown on password sharing has helped it gain more paid users as the streaming giant added more than 13.1 million subscriptions in the fourth quarter (Q4) of 2023 that ended on December 31. Netflix is a key rival of Mukesh Ambani’s JioCinema in India.

The company said in its quarterly earnings that price increases in the US, UK and France went better than it had anticipated.

“We largely put price increases on hold as we rolled out paid sharing. Now that we’re through that, we’re able to resume our standard approach,” Netflix co-chief executive Greg Peters said during a call with analysts.

Peters said the company will continue to monitor other countries and try and assess “when we’ve delivered enough additional entertainment value”.

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“We look at engagement, retention, acquisition as the signals there so that we can go back to members and ask them to pay a bit more to keep that positive flywheel going and we can invest in more great films, series, and games for those members,” he said.

“The summary statement might be back to business as usual”.

The company exited 2023 with 12 per cent revenue growth, up from 6 per cent in 2022, and increased free cash flow to $6.9 billion.

Paid net additions reached 13.1 million in Q4 2023 as compared to 7.7 million in Q4 2022 — the company’s largest Q4 ever. In Q4 2023, operating income amounted to $1.5 billion, up from $0.5 billion in the year ago period.

“For 2023, we generated $7 billion of operating income, up 23 per cent year over year,” said Netflix.

This article is sourced from dnaindia!