In a surprising turn of events, UFC star Conor McGregor has announced that he will be facing YouTube and WWE star Logan Paul in a boxing exhibition match in India, with the backing of the Ambani family. While Logan Paul is yet to comment on the matchup, this will be a major opportunity for him to redeem himself after recent losses. For McGregor, this fight marks a new chapter in his career as he looks to return to the Octagon after a period of trouble.
Mark Zuckerberg, the co-founder and CEO of Meta (formerly known as Facebook), was recently spotted wearing the world's thinnest mechanical watch. The timing of this surprise appearance has led to speculation that Zuckerberg's interest in luxury accessories may have been sparked at Anant Ambani's lavish wedding, where he was seen admiring a similar watch. The BVLGARI Octo Finissimo Ultra COSC watch is an ultra-exclusive piece, with only 20 units produced worldwide and a price tag of $529,000. Zuckerberg's choice adds a new layer of sophistication to his typically minimalist style.
The Solar Energy Corporation of India (SECI) has debarred Reliance Power and its subsidiary Reliance NU BESS Limited from participating in future tenders for the next three years due to a fake bank guarantee submitted by the companies in a recent bid for a battery storage project. SECI has also extended the debarment to Reliance Power and its subsidiaries, citing their close relationship and influence on the bidding process. The move is a significant setback for Anil Ambani's business interests.
After raising $25 billion from top investors, Mukesh Ambani's Reliance Jio is planning to go public with an estimated IPO valuation of $112 billion, surpassing Hyundai India's earlier record. The telecom giant, which currently boasts a subscriber count of 479 million, plans to list its retail and telecom units separately. While Jio is expected to go public in 2025, the retail arm's IPO is likely to follow at a later date due to operational challenges. The company is also increasing its competitive edge with partnerships and collaborations in the tech sector.
The recent allocation of satellite spectrum by the Indian government has sparked a bitter rivalry between two tech tycoons, Mukesh Ambani and Elon Musk. The decision to allocate the spectrum administratively rather than through auction has caused controversy, with Ambani's Reliance Jio initially lobbying for an auction. After Musk's SpaceX entered the fray, the rivalry intensified with Musk taking a direct dig at Ambani over Starlink's potential entry into the Indian market.
The Reliance Group, headed by business tycoon Anil Ambani, made a major announcement on Wednesday regarding a plan to reduce its debt by up to Rs 12,000 crore. As part of this plan, Reliance Infra received a Rs 1,100 crore infusion from its promoters on Monday, leading to a 20% surge in its shares on stock markets. In addition, the group also revealed plans to form a joint venture with BlackRock for investment advisory, demonstrating its commitment to financial transformation.
The annual Hurun India Rich List has named Adani family as the nation's wealthiest, surpassing Mukesh Ambani's longtime reign. Led by Gautam Adani, the family's net worth has skyrocketed to Rs 11.6 lakh crore, showing a remarkable 95% increase from last year. In the third spot sits HCL's Shiv Nadar and vaccine tycoon Cyrus S Poonawalla claims fourth. Adani's surge in wealth can be attributed to the rise in share prices of various Adani Group entities, while Ambani's wealth also saw a notable 25% increase.
Indian billionaire and business magnate, Mukesh Ambani, has been facing fierce competition from Tata Group in the fast-fashion industry. As Tata's retail unit continues to soar in profits and expand its reach with trendy and affordable clothing, Ambani's Reliance Retail struggles to keep up. To combat this, Ambani has reportedly enlisted the help of Chinese e-commerce giant Shein, who is making a comeback after being banned in India. With the looming threat of a potential IPO, Ambani is determined to dethrone Tata as the leader in the fast-fashion market.
A rare and unseen picture of Anant Ambani's wife, Radhika Merchant, has surfaced online and fans can't stop gushing over her beauty. In the photos shared by Dabiri Couture, Radhika can be seen surrounded by her friends, dressed in stunning bridal attire. The photos were shared almost a month after their star-studded wedding in Mumbai. Anant and Radhika's wedding was a star-studded affair with A-list celebrities and even Hollywood stars present. Recently, the couple was seen supporting Indian athletes at the Paris Olympics 2024.
Yash Gupta, a key member of the technical team for the Ambani-Merchant wedding, provides a behind-the-scenes look at the sangeet ceremony on the Real Talk podcast. From Nita Ambani's involvement in the planning to Karan Johar's entertaining addition with a special "Koffee with Karan" episode featuring the couple, the lavish event was a star-studded affair. Guests were treated to electrifying performances by Justin Bieber, Badshah and Karan Aujla, as well as appearances by Bollywood A-listers like Salman Khan, Ranbir Kapoor, and Ranveer Singh, who brought their own unique energy to the festivities.