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Akash Ambani engaged to diamond magnate's daughter Shloka Mehta

News Network
March 25, 2018

Mumbai, Mar 25:  Akash Ambani, the eldest son of billionaire Mukesh Ambani, and Shloka Mehta, the daughter of prominent diamantaire Russell Mehta, were engaged at a ceremony in Goa yesterday, reports said. Pictures shared by fan pages and social media users showed a charming lawn ceremony under palm trees and white shamianas. Reporting the engagement, local news website Nagpur Today said the wedding ceremony had been planned for later this year. However, there has been no official statement from the families yet.

Akash Ambani, 25, is the older of the two sons of Nita and Mukesh Ambani, India's richest man who heads Reliance Industries. Shloka Mehta is the youngest daughter of Mona and Russell Mehta, who runs Rosy Blue Diamonds, one of the world's largest diamond trading companies.

Akash Ambani and Shloka Mehta studied together at Dhirubhai Ambani International School in Mumbai and have been close friends for years, a report in the Free Press Journal said.

Shloka Mehta, who also studied at the Princeton University and the London School of Economics, is a director in the family-run diamond firm. She is also the co-founder of ConnectFor, a platform that makes it easy and convenient for people to volunteer in Mumbai, the Free Press Journal reported.

Akash Ambani is on the board of directors of Reliance Jio and Reliance Retail.

Speculation that they were about to be married peaked earlier this monthwhen reports said a December wedding date had been fixed and an engagement ceremony was being planned around March 24.

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News Network
June 5,2020

New Delhi, Jun 5: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.

It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital unit to Mubadala for Rs 9,093.60 crore, the sixth deal in as many weeks that will inject a combined Rs 87,655.35 crore in the oil-to-telecom conglomerate to help it pare debt.

"Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," the company said in a statement.

With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala in less than six weeks.

Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, is a next-generation technology company.

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News Network
May 20,2020

New Delhi, May 20: With 5,611 new cases reported in the last 24 hours, India's COVID-19 tally reached 1,06,750 on Wednesday, according to the Union Ministry of Health and Family Welfare.

As many as 140 deaths have been reported in the last 24 hours, taking the total number of deaths to 3,303.

Out of the total cases, 61,149 are actives cases and 42,298 patients have been cured/discharged/migrated.

Maharashtra continues to remain the worst-affected state with 37,136 cases, followed by Tamil Nadu (12,448 cases), Gujarat (12,140 cases), and Delhi (10,554 cases).

The nationwide lockdown imposed as a precautionary measure to contain the spread of coronavirus has been extended till May 31.

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News Network
June 22,2020

New Delhi, Jun 22: With an increase of 14,821 new cases and 445 deaths, India's COVID-19 count reached 4,25,282 on Monday.

According to the latest update by the Union Ministry of Health and Family Welfare (MoHFW), 13,699 deaths have been recorded due to the infection so far in the country.

The rise in confirmed cases today is lower than the highest spike of 15 thousand plus cases registered on Sunday.

The count includes 1,74,387 active cases, and 2,37,196 cured/discharged/migrated patients.

Maharashtra with 1,32,075 confirmed cases remains the worst-affected by the infection so far in the country. The state's count includes 60,161 active, 65,744 cured, discharged patients while 6,170 deaths have been reported due to the infection so far.

Meanwhile, the national capital today became the second-worst affected region in the country with the number of confirmed cases in Delhi reaching 59,746 as opposed to Tamil Nadu's 59,377 cases.

While 2,175 deaths have been reported in Delhi due to the infection so far, the toll in Tamil Nadu stands at 757.

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