Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, have acquired a majority stake in Rajasthan Royals with a bid of $1.65 billion after another consortium pulled out.
The estimated costs of these weddings start from Rs 100 crore and go up to Rs 700 crore.
Air Asia is partnering with Tata Sons and little known Arun Bhatia for their India entry.
NRI billionaire Lakshmi Niwas Mittal, along with his son Aditya and daughter Vanisha, will see a 15 per cent decline in salaries for their roles at ArcelorMittal, as the steel maker's top brass takes a pay cut in an added effort to contain cost this fiscal.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
Entertainment has become a huge aspect of weddings.
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