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☆ Billionaire Gautam Adani indicted in New York on bribery charges
▼ + stars: | 2024-11-20 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Indian billionaire Gautam Adani and other executives were indicted in New York for roles in a multi-billion-dollar fraud scheme, the US Department of Justice said Wednesday. Authorities said Adani and seven other senior business executives, including his nephew Sagar Adani, promised more than $250 million in bribes to Indian government officials to secure solar energy contracts. Worth more than $85 billion, Adani is Asia’s second-richest person behind countryman Mukesh Ambani, according to Bloomberg’s Billionaires Index. The solar energy supply contracts were projected to raise more than $2 billion in profits after tax over an approximately 20-year period. The defendants frequently met and discussed the bribery scheme, including evidence on several phones.

Persons: Gautam Adani, Adani, Sagar Adani, ”, Lisa Miller, Worth, Mukesh Ambani, Cyril Cabanes, Adani Green, Jeff Bezos –, Hindenburg, Narendra Modi, CNN’s Diksha Madhok Organizations: New, New York CNN, US Department of Justice, Authorities, Adani Group, Indian, DOJ, Securities and Exchange Commission, Adani Green Energy Ltd, Power, SEC, Hindenburg, Bloomberg, Adani Enterprises, CNN Locations: New York

☆ Ambani's Reliance Jio IPO set for 2025, retail debut much later, sources say
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: +2 min

Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years. The two sources said Reliance has now firmed up plans to launch the Reliance Jio IPO in 2025 as it internally believes it has achieved a stable business and revenue stream in becoming India's No. But the retail business IPO is not expected until after 2025 as the company first needs to address some internal business and operational challenges, said the first source. Reliance Jio is set to lock horns with Elon Musk if he launches his Starlink internet service in India, and Jio, which is also backed by Google and Meta, has partnered with Nvidia to develop AI infrastructure. Reliance, however, aims for the 2025 Jio IPO to be India's biggest ever, overtaking Hyundai India's record $3.3 billion IPO this year, said the first source.

Persons: Mukesh D, Ambani, Ajay, Mukesh Ambani, Ambani hasn't, Elon Musk, Jefferies Organizations: Reliance Industries Ltd, Reuters, Reliance Industries, Reliance, KKR, General, Abu Dhabi Investment Authority, Google, Nvidia, Hyundai Locations: New Delhi, India, Mumbai, General Atlantic, Abu Dhabi

☆ Nvidia CEO partners with India to supply chips to tech companies
▼ + stars: | 2024-10-24 | by ( Seema Mody | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia CEO partners with India to supply chips to tech companiesNvidia CEO Jensen Huang, in a fireside chat with Reliance Industries Chairman Mukesh Ambani, discussed why India is poised to build an AI empire. He highlighted the country's potential to export AI innovations rather than Indian workers being displaced by the technology.

Persons: Jensen Huang, Mukesh Ambani Organizations: Reliance Locations: India

Amid the flurry of partnerships announced on the occasion was a deal between Reliance and Nvidia to build AI infrastructure in India. Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world's biggest technology markets. Nvidia also announced Nemotron-4-Mini-Hindi 4B — a small language model in Hindi, the widest-spoken of India's multitude of languages. Companies running Nvidia hardware can deploy this language model, while Indian IT consultancy Tech Mahindra is using Nvidia's model to launch its own Hindi AI model, Project Indus 2.0. "India is very, very dear to the world's computer industry, central to the IT industry," Huang said.

Persons: Huang, Jensen Huang, Akshay Kumar, Mukesh Ambani, Narendra Modi, Modi, Neil Shah, Shah Organizations: Reliance, Nvidia, Yotta, Tata Communications, Reliance Industries, Companies, Indian, Tech Mahindra, Infosys, Wipro, TCS, Reliance Jio, Ambani's Reliance Industries, Counterpoint Research, CNBC Locations: India, Mumbai, American

☆ Musk's win on India satellite spectrum raises prospect of price war with Ambani
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +2 min

Having just lost a battle with Elon Musk over how India's satellite spectrum is awarded, Asia's richest man Mukesh Ambani could face a bigger challenge if Musk's Starlink launches services in India and the two go head-to-head on price. India's government said on Tuesday it will allocate spectrum for satellite broadband administratively and not via auction, hours after Musk criticized the auction route being sought by rival billionaire Ambani as "unprecedented." The Indian government says its decision to allocate spectrum administratively to whoever applies for it is in line with global trends. It has not set a timeframe for when the process will start but Musk's Starlink has already applied for necessary permits. Starlink's entry into the Indian market would create a new battleground between the two billionaires: pricing.

Persons: Mukesh Ambani, Ratan Tata, Elon Musk, Musk's, Musk, Ambani, Musk's Starlink Organizations: Reliance Industries, National Centre, Performing Arts, Elon, SpaceX, Reliance Locations: Mumbai, India

☆ Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at age 86
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: +2 min

Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. Tata Sons chairman N Chandrasekaran confirmed Tata's death and described him in a statement as his "friend, mentor, and guide." Prime Minister Narendra Modi described Tata as a visionary leader, and a compassionate and an extraordinary human being. Google CEO Sundar Pichai, said Ratan Tata left behind an extraordinary business and philanthropic legacy and he was instrumental in mentoring and developing modern business leadership in India. "My last meeting with Ratan Tata at Google , we talked about the progress of Waymo and his vision was inspiring to hear," Pichai said on X.

Persons: Ratan Tata, N Chandrasekaran, Tata, Narendra Modi, Modi, Harsh Goenka, Sundar Pichai, Pichai, Mukesh Ambani, Ratan Tata's, Anand Mahindra, Padma Bhushan Organizations: Tata Sons, Tata, Google, Reliance Industries, India Inc, Tata Group, Mahindra Group, Padma, Jaguar, Rover, Ford Locations: Mumbai, boardrooms, India

☆ Tributes pour in for Ratan Tata from industry titans and politicians
▼ + stars: | 2024-10-09 | by ( Vinay Dwivedi | ) www.cnbc.com time to read: +2 min

Tributes from industry leaders, politicians and the public at large poured in for Ratan Tata, the former chairman of India's Tata Sons, who passed away on Wednesday, aged 86. Google and Alphabet CEO Sundar Pichai recalled his meeting with Tata where they discussed Google's self-driving car project. "Mr Tata took India to the world and brought the best of the world to Bharat." He was known for his philanthropy and was chairman of Tata Trusts, among India's largest charity organizations. Tata reportedly was instrumental in about 60 acquisitions that helped the group expand globally.

Persons: Ratan Tata, India's Tata, Narendra Modi, Sundar Pichai, Pichai, Tata, Ratan Tata's, Mukesh Ambani, Mr Tata Organizations: India's, Tata, Rover, Tata Group, Reliance Group, Bharat, Cornell University, Tata Trusts, Tata Sons Locations: India, Mumbai

☆ The top 3 skills you need if you want to land a job in a family office, according to industry recruiters
▼ + stars: | 2024-10-07 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +7 min

Family office employees, in turn, can be paid on par with, or even better than, banking, private equity, and other top finance jobs. AdvertisementBillionaires like Ray Dalio, the founder of Bridgewater Associates, and Google co-founder Sergey Brin have established family offices in the city-state. Family office staff need to learn on the fly — even about racehorses. Managing multiple family membersIn family offices, technical brilliance alone isn't enough to secure a role. Westall shared a story of a family office executive who started as a cleaner while he was in film school.

Persons: —, Ray Dalio, Sergey Brin, Mukesh Ambani, Jack, Paul Westall, Goldman Sachs, Westall, Jimmy Soh, Soh, Pierre Pineau, that's, Pineau, Mike Campbell, there's, who's Organizations: Service, Bridgewater Associates, Google, Business, Agreus, Goldman, AP, Ivy League, Mandoga Locations: Singapore, Hong Kong, Asia, Europe

☆ Reliance, Disney offer concessions to win antitrust nod for India media merger, Reuters reports
▼ + stars: | 2024-08-14 | by ( ) www.cnbc.com time to read: +1 min

Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India media assets merger, but are resisting changes to cricket broadcast rights they own, two sources familiar with the matter said. Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny as it will create India's biggest entertainment player which will compete with Sony , Zee Entertainment , Netflix and Amazon with a combined 120 TV channels and two streaming services. The sources said some of the concessions being offered relate to regional Indian language channels where the two companies may have a dominant market share. Zee and Sony planned to create a $10 billion TV behemoth in India and in 2022 offered concessions by selling three TV channels. That helped them win CCI approval, but the merger eventually collapsed.

Persons: Walt Disney, Mukesh Ambani's Organizations: Walt, Antitrust, Disney, Sony, Zee Entertainment, Netflix, Competition Commission of India, Reliance, Zee Locations: India

☆ How the super-rich are building their luxury ‘safe house’ bunkers
▼ + stars: | 2024-08-07 | by ( Simon Usborne | ) edition.cnn.com time to read: +8 min

Yet it’s no longer enough for the security-conscious billionaire to stick an impenetrable safe room in the basement where it might sit empty forever. Courtesy SAFEThe house itself, Corbi said in an interview via Zoom, is ultra-secure with the blast-proof doors, unbreakable windows and biometric door-entry systems. Even 50 years ago, he says traditional bunkers looked like high-end hotels — “kind of like the Ritz Carlton, underground”. For hundreds of thousands, prefabricated modular steel bunkers can be dropped into the ground under a new-build house. The days when you can throw a first aid kit in a prefab bunker and say you’re safe are long gone.”

Persons: “ We’ve, ”, Al Corbi, ” Corbi, Mukesh Ambani, Anant, Corbi, Mark Zuckerberg, Bill Gates, Noemi Cassanelli, CNN Graham Harris, Harris, they’re, Covid, Naomi Organizations: CNN, SAFE, Ritz, Carlton, Ritz Carlton, Creative Home Engineering Locations: Virginia, Mumbai, Hawaii, London, Highgate, Arizona —

☆ Inside the Ambani wedding: Details you may have missed, according to a guest who was there all weekend
▼ + stars: | 2024-07-15 | by ( Maria Noyen | ) www.businessinsider.com time to read: +8 min

Unlike the main wedding festivities over the weekend, this event was "just for close family and friends," she said. AdvertisementMukesh 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. Decorations around the Ambani family's residence in Mumbai, India, ahead of the wedding of Anant Ambani on July 12. Priyanka Chopra Jonas and Nick Jonas attend the Ambani wedding on Friday. Kim Kardashian and Khloe Kardashian were among a number of high-profile guests at the Ambani wedding in Mumbai.

Persons: —, Anant Ambani, Radhika Merchant's, Merchant's, I'm, Nita Mukesh Ambani, Mukesh Ambani, Isha Piramal, Anand Piramal, Nita Ambani, Rihanna, Radhika Merchant, Shloka Mehta Ambani, Akash Ambani, Justin Bieber, You'll, They're, Ambani, Bhushan Koyande, Celebrities, Preston Bailey, Anant, Priyanka Chopra Jonas, Nick Jonas, Francis Mascarenhas, everyone's, Kim Kardashian, Khloe Kardashian, Kardashian, Narendra Modi, Luis Fonsi, John Cena, PUNIT PARANJPE, didn't, Law Roach Organizations: Service, Business, sangeet, Reliance Industries, Reuters, Staff, Hindustan Times, Getty Images Merchant, Vogue, Hollywood, Food, India's Locations: Mumbai, India, Bombay

☆ Nita Ambani was the 'CEO' behind the wedding that drew global A-listers to Mumbai over the weekend, daughter-in-law says
▼ + stars: | 2024-07-15 | by ( Amanda Goh | Lian Kit Wee | ) www.businessinsider.com time to read: +3 min

Read previewAnant Ambani — the son of Asia's richest man, Mukesh Ambani — married Radhika Merchant over the weekend. of the wedding, as I like to say," Merchant told Vogue in an exclusive interview. Nita Ambani oversaw the planning of the wedding festivities alongside her daughter, Isha Ambani, and her daughter-in-law, Shloka Ambani, Merchant said. A multi-day Indian celebrity wedding can require around 500 staff, wedding planners previously told Business Insider. The wedding festivities sparked some controversy over the weekend due to disruptions caused by traffic diversions and road closures.

Persons: —, Anant Ambani, Mukesh Ambani —, Radhika Merchant, Nita Ambani, Merchant, Isha Ambani, Shloka Ambani, Mark Zuckerberg, Bill Gates, Anant, She's, Mama, Ambani's, Justin Bieber, Rihanna, Bharat Jagasia Organizations: Service, Vogue, Business Locations: Mumbai, Delhi

☆ Indian PM Modi steals limelight at lavish Ambani wedding as route to the ceremony lined with posters
▼ + stars: | 2024-07-13 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

Indian Prime Minister Narendra Modi seemed to divert some attention from the lavish Ambani wedding in Mumbai. Posters bearing the PM's face lined the route to the ceremony for Anant Ambani and Radhika Merchant's wedding. Anant Ambani is the son of Mukesh Ambani, Asia's richest man. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndian Prime Minister Narendra Modi has seemingly stolen some of the attention away from the lavish Ambani wedding in Mumbai this weekend.

Persons: Narendra Modi, Anant Ambani, Radhika Merchant's, Mukesh Ambani, —, Kim Kardashian, Mike Tyson, John Cena — Organizations: Indian, Service, Business Locations: Mumbai

☆ The Ambani wedding is costing millions — here's how to have a big impact on a much smaller budget
▼ + stars: | 2024-07-13 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +5 min

Ambani is the youngest son of billionaire Mukesh Ambani, chairman of Indian conglomerate Reliance Industries. This was followed by a luxury cruise across the Mediterranean and yet more celebrations in July ahead of the big day. But a beautiful wedding doesn't need to be expensive and there are ways to put on a spectacular show with a much smaller budget, according to Manwani and Suglani. Couple Vanessa Acosta and Sam Roberts went even further, hosting their wedding in their own backyard on a budget of $3,000. So, then you're going to get the best suppliers, you're going to get the venue that you want at a reasonable price without paying the premiums."

Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Ashish Vaishnav, Ambani, Mark Zuckerberg, Shah Rukh Khan, Karishma, Priya Suglani, Suglani, you've, Manwani, they're, Vanessa Acosta, Sam Roberts, Acosta, nobody's Organizations: Getty, Reliance Industries, CNBC, Suppliers Locations: MUMBAI, MAHARASHTRA, INDIA, Mumbai, Jamnagar, Indian, Gujarat, London

☆ Ambani's wedding kicks off in India this weekend. Here's who will be at the star-studded event
▼ + stars: | 2024-07-12 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

Anant Ambani fiancée Radhika Merchant pose for a photo on the red carpet during their sangeet ceremony at Jio World Centre in Mumbai. All eyes are on this weekend's mega wedding in India, where the youngest son of Asia's wealthiest man prepares to tie the knot with his long-time sweetheart after months of lavish pre-wedding celebrations. Indian tycoon Mukesh Ambani — the country's richest man and the billionaire chairman of Indian conglomerate Reliance Industries — is throwing a three-day wedding bash for his son that kicks off on Friday. The groom is his 29-year-old son Anant Ambani and 29-year-old Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The Ambani family has stayed mum about the star-studded guest list, but multiple media reports have said 16-time Grammy award winner Adele could be one of the main performers.

Persons: Anant Ambani, Radhika Merchant, Mukesh Ambani, Viren Merchant, Ambani, Adele, Drake, Mike Tyson, Kim Kardashian, Ram Nath Kovind, Boris Johnson, Tony Blair, Mark Tucker, Jay Lee, Morgan Stanley's Michael Grimes, Gianni Infantino Organizations: Reliance Industries, Encore Healthcare, Wall Street, CNBC, Business, HSBC Holdings, Samsung Electronics Co, FIFA Locations: Mumbai, India, Hollywood, Bandra

☆ The Ambani wedding is set to happen at the family's Mumbai mansion, Antilia. Take a look at the $1 billion tower.
▼ + stars: | 2024-07-12 | by ( Dan Latu | Steffie Drucker | ) www.businessinsider.com time to read: +1 min

Anant Ambani, a son of the richest man in India, is marrying Radhika Merchant this weekend. The over-the-top festivities will partially held at the family's luxurious Mumbai home, Antilia. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRihanna, Justin Bieber, and Katy Perry have already serenaded Anant Ambani and Radhika Merchant in glittering parties that have captured the world's attention. This story is available exclusively to Business Insider subscribers.

Persons: Anant Ambani, Radhika Merchant, —, Justin Bieber, Katy Perry, Mukesh Ambani, Anant Organizations: Service, Business Locations: India, Mumbai

☆ Rashida Jones followed her dad's advice not to 'wait in line' for a job. Career coaches say using family connections in the workplace is fine sometimes.
▼ + stars: | 2024-07-12 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

And then there's the resentment there too," Jones told InStyle. "But I think about it as, historically, people go into the family business more than they don't." Pulling your weight at workShould people be open about their family connections at work, then? "However, if you are involved in an objective recruitment process and keep talking about your family connections, it could be preserved that you are hoping for special treatment," she said. After all, family connections can only go so far.

Persons: —, Rashida Jones, she's, InStyle, Jones, Quincy Jones, Peggy Lipton, Hannah Salton, Salton, Allison Ching, Ching, Bernard Arnault's, Mukesh Ambani Organizations: Service, Business, Harvard, Hollywood, Reliance Industries Locations: Singapore

☆ A Wedding Puts India’s Gilded Age on Lavish Display
▼ + stars: | 2024-07-12 | by ( Anupreeta Das | ) www.nytimes.com time to read: +1 min

For much of the year, the festivities surrounding the nuptials of Anant Ambani and Radhika Merchant, the daughter of a fellow business tycoon, have grabbed eyeballs for their lavish displays of wealth. Millions have been spent on diamonds and emeralds the size of credit cards, on haute couture saris, on wedding invitations made of silver and gold. Billionaire businessmen, Bollywood stars, models and politicians were among the more than 1,200 guests at a pre-wedding bash in March. In May, the bride and groom-to-be threw a four-day party on a luxury cruise ship in the Mediterranean; Ms. Merchant told Vogue India they couldn’t find a land venue big enough to host all their guests.

Persons: Mukesh Ambani, Anant Ambani, Radhika Merchant, Bill Gates, Rihanna, Merchant Organizations: Vogue India Locations: Mumbai

☆ As the Ambani wedding gets underway — here's why Indian nuptials are so big and glamorous
▼ + stars: | 2024-07-12 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +3 min

(L to R) Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani and Akash Ambani pose for the media during a photo opportunity at the red carpet ceremony to celebrate the engagement of Anant and Radhika at Ambani's Antilia residence in Mumbai, India, on Jan. 19, 2023. Mukesh Ambani is the billionaire chairman of Indian conglomerate Reliance Industries, and his youngest son Anant Ambani is marrying Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The billionaire family have spotlighted the glitz and glamour of Indian weddings on the world stage, and piqued people's curiosity about why weddings are such a big affair in Indian culture. Additionally, Indian weddings appear to be really spectacular because Indians tend to have big families, various religious and cultural events, and colorful attire and jewelry, according to Karishma Manwani, a London-based luxury wedding planner for Indian weddings. Manwani and Suglani explained the culture and tradition underpinning big Indian weddings.

Persons: Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani, Akash Ambani, Anant, Radhika, Ambani's, Viren Merchant, Mark Zuckerberg, Shah Rukh Khan, Rihanna, Justin Bieber, Priya Suglani, Karishma, Manwani, Suglani Organizations: Reliance Industries, Encore Healthcare, BBC, London, CNBC, shimmer Locations: Mumbai, India, Jamnagar, Gujarat, London

☆ Heavy rain could put a dampener on the lavish Ambani wedding, with flight delays and flooded roads in Mumbai
▼ + stars: | 2024-07-12 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

An orange alert for heavy rainfall has been issued in Mumbai for the coming days. The weather warning coincides with the Ambani wedding, featuring a star-studded guest list. Over half the flights arriving in Mumbai on Friday are delayed, and Air India is warning travelers to leave extra time. AdvertisementHeavy rain could put a dampener on the celebrations of Anant Ambani and his wife-to-be, Radhika Merchant at their lavish wedding in Mumbai this weekend. The India Meteorological Department has issued an orange alert for the Maharashtra region, where Mumbai is situated, due to the possibility of heavy to very heavy rainfall over the next five days.

Persons: Ambani, —, Anant Ambani, Radhika Merchant, India's, Mukesh Ambani, Kim Kardashian, John Kerry Organizations: Air, Service, India Meteorological Department, CNBC, Business Locations: Mumbai, Air India, Maharashtra

☆ Anant Ambani and Radhika Merchant wedding: Celebrity guests arrive for lavish star studded ceremony
▼ + stars: | 2024-07-12 | by ( Oscar Holland | Leah Dolan | ) edition.cnn.com time to read: +8 min

Attendees dressed the part, streaming past photographers in custom sarees, lehengas and kurtas at an event that may set forthcoming trends in Indian wedding fashion. A lavish affairThe Ambani family has remained tight-lipped about proceedings in the build-up to Friday’s wedding, though rumors about the guest list and the identity of star performers have swirled in recent weeks. The celebrated couturier produced bespoke outfits for various members of the Ambani family throughout the month-long wedding celebrations. Sujit Jaiswal/AFP/Getty ImagesIt is not known precisely how much money the Ambani family has spent on the pair’s wedding celebrations. The weekend schedule concludes seven months of build-up to what has been described India’s wedding of year.

Persons: Anant Ambani, Radhika Merchant, Kim, Khloé Kardashian, Nick Jonas, Priyanka Chopra, Tony Blair, Rajinikanth, Sanjay Dutt, Ram Nath Kovind, Anant’s, Mukesh, John Cena, Francis Mascarenhas, Law Roach, Cherie Blair, Nick Jonas sparkled, sequins, Jonas, Prabal Gurung, Khloé, Nita Ambani, “ reimagine, Abu Jani Sandeep Khosla, Vijay Kumar, Monika Maurya, Ambani, Manish Malhotra, ”, Justin Bieber, haldi, Viren, Shaila Merchant, Anat Ambani, Mukesh Ambani, Nita, Sujit Jaiswal, Devanshi Zaveri, Jenica Kothari, It’s, …, —, Mark Zuckerberg, Bill Gates, Ivanka Trump, Rihanna, Pitbull, Isha, Anand Piramal Organizations: CNN, British, team, Reliance Industries, Forbes, Reuters Former British, Reuters International, New York Fashion, Brown University, Reliance, Encore Healthcare, Backstreet Boys, Beyoncé Locations: Mumbai, Varanasi, India’s Uttar Pradesh, AFP, ”, Antilia, Europe

☆ Asia's wedding of the year is seriously annoying locals in Mumbai
▼ + stars: | 2024-07-12 | by ( Shubhangi Goel | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Asia's richest man is hosting a lavish wedding in Mumbai for his youngest son this weekend. Mumbai is already plagued by traffic and faces added congestion from the three-day wedding affair. AdvertisementAsia's richest man is throwing a massive wedding for his youngest son in Mumbai this weekend. Anant Ambani, son of Mukesh Ambani, is set to wed Radhika Merchant in a lavish affair. This story is available exclusively to Business Insider subscribers.

Persons: —, Anant Ambani, Mukesh Ambani, Radhika Merchant, It's, Sonam Srivastava, Srivastava, Bill Gates, Mark Zuckerberg, Ivanka Trump Organizations: Service, Business, Mumbai Traffic Police, Wright Research, Convention, Immigration Locations: Mumbai, Bandra Kurla, Bandra, Jamnagar

☆ When is the Ambani wedding? A timeline of the couple’s 7 months of celebrations
▼ + stars: | 2024-07-11 | by ( Leah Dolan | ) edition.cnn.com time to read: +6 min

But a wedding that spans seven months is an outlier — even in the extravagant world of big Indian weddings. January: The engagement partyActor Ranveer Singh and his wife actor Deepika Padukone attend the engagement ceremony in January. Ahead of the party, the Ambani family also hosted a communal dinner for more than 50,000 villagers outside Jamnagar. July 2-5: Mass wedding and musical nightBrides and grooms perform rituals during a mass wedding ceremony for underprivileged couples hosted by Anant Ambani's parents, Nita and Mukesh. The Ambani family residence Antilia, which will host some of the weekend's festivities, has been extravagantly decorated ahead of the ceremony.

Persons: Anant Ambani, Mukesh Ambani, Forbes, Radhika Merchant, Rihanna, Justin Bieber, you’ve, Ranveer Singh, Deepika Padukone, NIHARIKA KULKARNI, REUTERS Merchant, Aishwarya Rai Bachchan, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Reuters Don’t, Mark Zuckerberg, Bill Gates, Ivanka Trump, Jared Kushner, Ambani, Pitbull, David Guetta, Katy Perry, Andrea Bocelli, Anant Ambani's, Nita, Mukesh, Divyakant Solanki, Shutterstock, Nita Mukesh Ambani, Anant’s, Anamika Khanna, Sandeep Khosla, Adele, Drake, Lana Del Rey, Punit Paranjpe, “ Ashirwad, Mangal Utsav Organizations: CNN, REUTERS, Reliance Industries, Reuters, Tech, Backstreet Boys, des, Convention, Getty Locations: Rajasthan, Jamnagar, Gujarat, Sicilian, Palermo, Rome, Cannes, Portofino, ”, Palghar, Mumbai, —, AFP, Antilia

☆ Justin Bieber performed at an Ambani pre-wedding party for family and friends. Here's a look at the exclusive guest list.
▼ + stars: | 2024-07-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Anant Ambani and Radhika Merchant held their sangeet, a pre-wedding celebration, on Friday. The event featured a star-studded guest list and a performance by Justin Bieber. The couple's wedding ceremony is from July 12 to July 14 in Mumbai, India. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The couple's upcoming nuptials hit social media in March when videos and photos surfaced of lavish pre-wedding festivities hosted by the Ambani family.

Persons: Anant Ambani, Radhika Merchant, Justin Bieber, —, Ambani, Mukesh Ambani, Nita Ambani Organizations: Service, Reliance Industries, Reliance Foundation, Business Locations: Mumbai, India

☆ Indian wedding industry: Elephants, Michelin stars and Mughal jewels make it a $130 billion business
▼ + stars: | 2024-07-05 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

Sujit Jaiswal/AFP/Getty ImagesThe Indian wedding industry has boomed since the country emerged from the pandemic. “And this is irrespective of the economic classes.”At about $15,000, the average Indian wedding costs more than three times the average annual household income. Indian weddings are often spread across several days, with an average guest list of 326, compared with 115 in the United States, according to The Knot Worldwide. Rihanna, couture and emeraldsThe average luxury Indian wedding can cost anywhere between $200,000 and $400,000, according to Jefferies. No luxury Indian wedding is complete without lavish meals, which at times involves flying in Michelin star chefs and the finest of ingredients from across the world.

Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Mukesh Ambani’s, Tim Chi, Nita, Anant, Sujit Jaiswal, it’s, Jefferies, ” Jefferies, Nasir Kachroo, ”, Sima Taparia, Aditya Motwane, Priyanka Chopra, Nick Jonas, “, you’ve, Ambani’s, Mark Zuckerberg, Bill Gates, Rihanna, Motwane, —, Stringer, Knight Frank, Tina Tharwani, Nita Ambani, Olivier Polet, Tharwani, Virat, Vanessa Almeida, Almeida, videographers, Katy Perry, Andrea Bocelli, Rafiq Maqbool, Narendra Modi, ” Modi Organizations: New, New Delhi CNN, Silicon, CNN, Getty, Netflix, Motwane Entertainment, Shaadi, Michelin, Backstreet Boys Locations: New Delhi, Radhika Merchant . India, India, Mumbai, AFP, South Asia, Jammu, Kashmir, United States, Indian, Jamnagar, Monte Carlo, Jodhpur, Rajasthan, Florence, Indian Italian, Tuscany, Goa, Italian, Genoa

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