Isha Ambani-Anand Piramal wedding to cost $100 million

Agencies
December 11, 2018

Dec 11: India is preparing for what could be one of the world’s most expensive weddings ever, a spectacle that could even put the fictional nuptials in “ Crazy Rich Asians” to shame.

On Dec. 12, Asia’s richest man -- oil-and-telecom tycoon Mukesh Ambani -- is scheduled to give away his daughter Isha to billionaire Ajay Piramal’s son, Anand. The week-long extravaganza is estimated to cost about $100 million, according to people familiar with the planning. To put the figure in perspective, Prince Charles and Princess Diana’s wedding 37 years ago reportedly cost $110 million in today’s dollars.

Invitees to the pre-wedding festivities, in the central Indian lake city of Udaipur, range from international celebrities such as Beyonce to politicians like Hillary Clinton and business tycoons including Henry Kravis, according to people familiar with the matter. The guest list is so long that the Ambanis and Piramals have taken over at least five five-star hotels nearby, and a war room has been set up in Mumbai to manage logistics, they said. According to local media reports, more than 100 chartered flights will fly guests to and from Udaipur’s Maharana Pratap Airport.

As gratitude to the city of Udaipur, the Ambanis donated enough food to feed 5,100 people three meals a day for four days, and set up a bazaar to showcase 108 traditional Indian paintings, pottery and other art from local artisans, according to a statement from a family representative.

The main ceremony will be held at the patriarch’s home, the 27-story Antilia palace in Mumbai, and post-wedding events will be held in the city.

For the chairman of Reliance Industries Ltd., who overtook Jack Ma this year as Asia’s wealthiest man, Isha will be the first of his children to wed. After the festivities, the newlyweds are poised to move in to their $64-million diamond-themed mansion at the Gulita building in Mumbai, according to one of the people.

A Reliance representative didn’t respond to an emailed query, while a spokesperson for Piramal Enterprises Ltd. declined to comment.

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News Network
November 21,2024

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Prominent NRI community leader SM Syed Khalilur Rehman, fondly known as CA Khalil, passed away in Dubai on Thursday at the age of 86 after a brief illness.

Khalil had been admitted to Aster Hospital in Mankhool on Tuesday after experiencing severe leg weakness. Despite the best efforts of the medical team, he succumbed to a double heart attack that worsened his condition, his son Rais Ahmed confirmed.

The news of his passing has sent waves of grief across communities, particularly in his hometown of Bhatkal, Karnataka, where he was a celebrated figure. Tributes have been pouring in on social media, highlighting his significant contributions to international trade, social service, and education.

A Legacy of Leadership and Service

A chartered accountant by profession, Khalil was a founding member of the Dubai chapter of the Institute of Chartered Accountants of India (ICAI), where he served as chairman from 1987 to 1994. His illustrious career included key leadership roles, such as general manager of Khaleej Times, group executive director of the Ilyas and Mustafa Galadari Group, and vice-chairman of the Jashanmal Group of Companies.

He also chaired Maadhyama Communications and Sahil Online, a web-based news platform, and was a director and trustee of several media companies and charitable organisations in Dubai and India.

A Champion for Education and Philanthropy

Khalil’s impact extended far beyond his professional achievements. As president and general secretary of Anjuman Hami-e-Muslimeen, he played a pivotal role in the development of educational institutions, including schools and colleges in Bhatkal and surrounding areas. His dedication to social upliftment earned him recognition from the Government of Karnataka, which honoured him with a prestigious award for his philanthropic contributions.

A Life Celebrated

The Bhatkal Muslim Khaleej Council (BMKC) recently released a documentary celebrating Khalil’s remarkable life and service to the community—a testament to his enduring legacy.

CA Khalil is survived by his family and countless admirers across the globe. His passing marks the end of an era for Indian expatriates in the UAE and beyond, leaving behind a legacy of leadership, generosity, and commitment to community service.

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News Network
November 11,2024

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Udupi, Nov 11: The Karkala town police in Udupi have arrested Krishna Naik, the sculptor responsible for installing a 33-foot Parashurama statue at Umikkal Hill in Bailur, Karkala taluk. 

Naik, the owner of Krish Art World and a resident of Bengaluru's Visvesvaraya Layout, was apprehended in Mahe, part of the Union Territory of Puducherry, for allegedly substituting a look-alike statue in place of a genuine bronze figure at the Parashurama Theme Park in Karkala.

Udupi Superintendent of Police Dr. Arun K confirmed the arrest, stating that Naik faces charges under Sections 420 (cheating) and 409 (criminal breach of trust) of the Indian Penal Code. 

This legal action followed a complaint lodged in June by Krishna Shetty, a resident of Nallur village, Karkala. Shetty claimed that Naik had received a payment of ₹1,25,50,000 from Udupi Nirmithi Kendra for the installation of a bronze Parashurama statue. However, Naik allegedly deceived the government by installing a replica instead.

The statue was unveiled on January 27, 2023, by then Chief Minister Basavaraj Bommai. Current Chief Minister Siddaramaiah has since ordered a CID investigation to probe deeper into the alleged fraud surrounding the statue's installation at the theme park.

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