Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was "nil". In June 2020, Mukesh D Ambani, chairman and managing director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
Mumbai Indians's Rohit Sharma, Ricky Ponting and owner Nita Ambani visited the Bombay Stock Exchange.
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Accompanied by a large entourage, including the kids, the couple reached Varanasi by a private plane in the afternoon.
A bench of Justices Krishna Murari and Ahsanuddin Amanullah said on Monday it was of considered opinion that if there is a security threat, the security cover cannot be restricted to a particular area or place of stay.
Bollywood's swiss set was among many other influential Mumbai people who attended the party at Antilla.
How to celebrate National Handloom Day on a stylish note.
Observing there was a 'wilful default', the Supreme Court last month held Ambani guilty of contempt of court and ordered the debt-laden company to clear the dues to Ericsson.
The stunning to-be bride dazzled in a hand-embroidered Sabyasachi Mukherjee lehenga.
Also spotted in Jamnagar: Hardik Pandya, Ishan Kishan, Suryakumar Yadav, Krunal Pandya, Rashid Khan, Nicholas Pooran, Dwayne Bravo.
Consistency, proper nutrition, strength training, and recovery instead of workout intensity and cardio are the success mantras of celeb-fitness.
The Reliance Infocomm launch, an aggressive advertisement and the thrust into varied areas spell out the AmbanisÂ’ big dream. But the absence of Anil Ambani at the launch has puzzled many, says Sucheta Dalal.
Clad in gold, the ever youthful star looked glamorous as always.
The 68-year-old senior lawyer was earlier married to Meenakshi (his first wife) and Caroline Brossard later in 2020.
The court held that though the gelatin sticks planted near Antilia, the Ambani residence, were not connected to a detonator, it was sufficient to create terror in the minds of people.
Karisma and Kareena Kapoor's cousin Armaan Jain got married to long-time girlfriend Anissa Malhotra on February 3.
Sporting stars, past and present, at the Ambani wedding.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
Nita Ambani hailed Prime Minister Narendra Modi saying that he has great vision to transform India into a global sporting powerhouse.
The soon to-be-wed couple threw a lavish, exclusive party for close family and friends.
Their engagement party was held at Lake Como, Italy.
Preliminary probe revealed that the jawan stumbled and fell which caused his automatic rifle to fire and he received two bullet injuries in his chest.
Here are some of those precious moments...
Stars arrived at the premiere of The Sound Of Music, the first ever international Broadway musical in India, at the newly-launched Nita Mukesh Ambani Cultural Centre in Mumbai.
The three-day wedding that will take place in Mumbai will see over 1,000 guests.
Guests trouped out of Arpita Khan's party and into Mukesh Ambani's, on the other side of Mumbai.
Look who turned up to watch the CSK-MI game on Sunday night.
Mukesh Ambani, will become the IOA's principal partner and help the country's sports federations
Glimpses of some of the team owners at the IPL auction on Saturday.
The young man, who is leading the Jio juggernaut looks delightfully dapper on the August 2017 GQ cover. Take the poll and tell us what you think of it.
The annual day function at Dhirubhai Ambani International School in Mumbai turned out to be a star-studded event, as film folk stepped out to applaud the superstars in their own homes.
A couple of days before he led India in the first of the ODIs against Australia at Mohali, Skipper K L Rahul was at Antillia, Nita and Ambani's home, to celebrate Ganesh Chaturthi.
Here are pictures from the glamorous evening...
Pandya recounted the beginning of his Indian Premier League (IPL) journey in 2015 when Mumbai Indians secured him for a modest Rs 10 lakh
Meanwhile, the grand pre-shaadi celebrations continue.
Bollywood stars' Aishwarya Rai Bachchan and Alia Bhatt's breathtaking moves mesmerised the spectators during a short opening ceremony to kick off the second season of Indian Super League (ISL), in Chennai, on Saturday
Nearly a decade after Sachin Tendulkar hung up his boots, Mumbai cricket's most famous surname 'Tendulkar' was back on the Wankhede scoreboard.
A day after the mega launch, the party continues at the Nita Mukesh Ambani Cultural Centre.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
Billionaire Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney and formed a joint venture with a valuation of over Rs 70,000 crore. The JV will be one of the largest media and entertainment companies in India with a combined revenue of approximately Rs 26,000 crore and will be led by Nita Ambani as its chairperson, according to a joint statement.
