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Kokila Ambani wants Dhirubhai Memorial to be a tourist spot

February 4, 2012 · Filed Under Ambani Family · Comment 

The matriarch of the Ambani family, Kokilaben, today expressed her desire to see the Dhirubhai Hirachand Ambani Memorial (DHAM) appear on the tourist radar in Gujarat.

“Efforts are on to tie up with the Gujarat government to make the memorial a tourist destination,” Kokilaben told mediapersons after dedicating the memorial for public viewing here today.
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Kokilaben to open Dhirubai’s memorial for public on Feb 3

February 1, 2012 · Filed Under Ambani Family · Comment 

Industrial tycoon Dhirubhai Ambani’s memorial in Chorwad town in Gujarat’s Junagadh district will be thrown open to public from February 3 in the presence of family matriarch Kokilaben Ambani, sources said today.

The memorial is the same place where the founder of Reliance Group spent his childhood. A rented section of the bungalow, then called ‘Mangarolwalo Delo’, was the place where he lived.
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Nita Ambani’s driver breaches green barrier

January 23, 2012 · Filed Under Ambani Family · Comment 

The Matheran police on Saturday afternoon booked Nita Ambani’s driver for allegedly violating the stringent Environment Protection Act in Matheran by entering an area prohibited for vehicles.

According to the statement given by her driver, Ambani was travelling in the car - A Honda CRV - when he entered the restricted zone. The police have booked the driver - Sudhir Shinde, under section 15 of the Act, apart from slapping some sections of the Motor Vehicles Act.
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What to expect from Ambani brothers in 2012

December 29, 2011 · Filed Under Ambani Family · Comment 

As Ambani brothers dance to the tune of garba music, many Reliance Industries and Anil Dhirubhai Ambani Group investors would have started to build high expectations from the new year.

On Tuesday, when trading began, the BSE Sensex stayed flat. Reliance Communications shares jumped 5 per cent. No other Anil Dhirubhai Ambani Group company share rose so much. Over the past one week, Reliance Communication shares have surged 17 per cent. The BSE Sensex rose 3.3 per cent during the same period.

The trading pattern of the day and the week indicates that the street has already begun to build that anticipation. They expect something to emerge out of the family get-together at Chorwad, Gujarat, the native place of the late Dhirubhai Ambani.
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Family to unite at Chorwad for Dhirubhai Ambani​ memorial

December 24, 2011 · Filed Under Ambani Family · Comment 

Amid speculation in distant Mumbai that they have buried their difference after six years of estrangement, brothers Mukesh and Anil Ambani​ are set to gather in Chorwad to dedicate a memorial to their late father and founder of India’s most valuable company Reliance Industries Ltd​ in his birthplace.

Mukund Damani, a resident of Chorwad and cousin of Dhirubhai’s widow Kokilaben, likens it to a “second homecoming” for the extended Ambani family, which will visit the nondescript coastal Gujarat town on 27-28 December.
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Challenging time for Anil Ambani :He faces marathon test

February 19, 2011 · Filed Under Ambani Family · Comment 

Say this about Anil Ambani: he does not take adversity lying down. The embattled Indian billionaire, questioned on Wednesday by the CBI probing a huge telecoms fraud, has been on the offensive since last week, when his group blamed “baseless and motivated rumours” spread by rivals for a sharp selldown in his stocks.

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‘Ambani and Sons’: The story of India’s richest family

October 21, 2010 · Filed Under Ambani Family · Comment 

The first biography was published in 1998, the movie came out in 2007 and now the updated print edition is being made available by Roli Books in India.

Mukesh Ambani’s behemoth multi-story new Mumbai home is making front page headlines, fueling the public’s fascination with India’s richest family. But it took a foreign journalist, Hamish McDonald, to put their story into print.

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Is the Ambani feud nearing its end

May 10, 2010 · Filed Under Ambani Family · Comment 

A billion dollar question: Is the famous Ambani feud nearing its end?

Shares of Mukesh Ambani’s Reliance Industries jumped 2.3% Friday. Those of Reliance Natural Resources, owned by brother Anil Ambani, slid 23%. The reason: Investors interpreted an Indian Supreme Court decision in Reliance Industries‘ favor after a five-year court tussle.

At the heart of the feud is a contract between Mukesh and Anil in which Reliance Industries agreed to sell natural gas to Reliance Natural Resources at $2.34 a million British thermal units, 44% less than the government-recommended price of $4.20 per mbtu.
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Anil Ambani thanks to his brother Mukesh through film 3 Idiots

December 28, 2009 · Filed Under Ambani Family · Comment 

If you though there was no love left between estranged brothers Anil Ambani and Mukesh Ambani as many might have missed Anil’s warm gesture to his brother Mukesh in the movie 3 Idiots. The opening credits of the Reliance Big Pictures’ movie 3 Idiots thanked Mukesh Ambani. This raised many eyebrows as the two brother have had bitter relationship since splitting their family business a few years ago.
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Anil and Mukesh Ambani in the news

October 25, 2009 · Filed Under Ambani Family · Comment 

A week before the Hindu festival of Diwali this month, Indian billionaire Anil Ambani took a helicopter to the Himalayas in a bid to reach an unusual out-of-court settlement.

Visiting a pair of sacred north Indian shrines, Mr Ambani prayed to Lord Shiva to resolve his family succession-related dispute with his elder brother, Mukesh, India’s wealthiest man, ahead of hearings this week in the Supreme Court. ‘Invoking the power of Lord Shiva from this most sacred of holy places, I am once again reaching out to Mukeshbhai and hope and pray that my feelings will be reciprocated,’ Mr Ambani said.
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