![]() | A major contributor to this article appears to have a close connection with its subject.(October 2016) |
Anand Jain | |
---|---|
Born | 1957 |
Nationality | Indian |
Occupation | Business executive |
Known for | Expertise in financial services and real estate; |
Title | Chairman of Jai Corp Ltd. |
Spouse | Sushma Jain |
Children | Neha, Harsh |
Anand Jain (born 1957) is an Indian business executive. He is the Chairman of Jai Corp Limited. He has 30 years of experience in various businesses, with an expertise in real estate, finance and capital markets.
Anand Jain was No. 11 on the Forbes India's 40 Richest list in 2007. [1] His son, Harsh Jain, is the co-founder and CEO of Indian fantasy sports company Dream11.
According to an article published in The Economic Times in 2005, Anand Jain was first noted in Reliance in the mid-1980s, when he crushed the bear cartel led by Manu Manek, the then kingpin of Bombay Stock Exchange. [2] Later, he emerged as a key figure in the running of the day-to-day operations of the Reliance group, particularly its telecom venture Reliance Infocomm. In January 2005, Anil Ambani (brother of Mukesh Ambani) resigned as vice-chairman and director of IPCL, citing his differences with Anand Jain. [3] [4] [5] [6] [7] [8] In June 2005, media reported that Jain would step down from the IPCL board, after a settlement was announced between the two Ambani brothers. [9] [10] [11] However, in July 2005, it was reported that he has stayed on the IPCL board. [12] [13]
Anand Jain has been closely associated with the Fortune 500 Reliance Group for over 25 years. He served as the vice-chairman of Reliance Capital [14] and also on the Reliance group company Indian Petro Chemicals Ltd. (IPCL).
Anand Jain served on board of trustees of Mumbai Port Trust twice for two years each, and also on the Jawaharlal Nehru Port from April 1994 to March 1995. He is also a Director of the Rewas Port Limited, [15] which is a Greenfield, mega scale port development project near Mumbai. The port would also serve as a primary gateway for the twin mega SEZs coming up in its vicinity: Viz; NMSEZ and MSEZ. The port in its first 5 yrs of operation aims to handle more than 50 Million tonnes of cargo. He has also promoted India's largest Real Estate private equity fund having raised over Rs. 32.86 billion from retail and institutional investors. [16] He is an adviser to the Urban Infrastructure Real Estate Fund, which has raised US$500 Million from international investors and along with the local participation of US$60 Million, the total fund size is US$560 Million.
Anand Jain is also the Chairman of Urban Infrastructure Venture Capital Limited which manages Urban Infrastructure Venture Capital Fund. He is also a director of the following ventures:
Presently a senior executive with the Reliance Group, Anand Jain is leading a team of professionals to make the first greenfield Special Economic Zone (SEZ) at Mumbai a reality. [17] He has been a promoter of large SEZs in India with a vision to create a globally competitive business environment. [18]
Anand Jain is a member of the Managing Council of Sir H. N. Reliance Foundation Hospital and Research Centre. He has been appointed by the Government of Maharashtra as a member of the "Empowered Committee for Transformation of Mumbai into a World Class City." He is also a member of the "Citizens Action Group" dedicated to bring Mumbai on the international map.
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹500 billion against assets worth ₹180 billion.
Ambani is a surname and may refer to the following people:
Dhirajlal Hirachand Ambani was an Indian businessman who founded Reliance Industries in 1958. Ambani took Reliance public in 1977. In 2016, he was honoured posthumously with the Padma Vibhushan, India's second-highest civilian honour for his contributions to trade and industry. Ambani faced numerous accusations of market manipulation, tax evasion, and cronyism.
Mukesh Dhirubhai Ambani is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries, India's most valuable company by market value. With an estimated net worth of $112.1 billion according to Forbes as of February 2024, he is the richest person in Asia and 11th richest in the world. Sometimes characterized as a plutocrat; he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation. Time magazine listed him as one of the 100 most influential people of 2019, under the "Titans" section.
Anil Dhirubhai Ambani is an Indian businessman chairman and managing director of Reliance Group. The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He led several stocks listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.
Tina Ambani is a former Indian actress. She is married to Anil Ambani, chairman of Reliance Group. She was one of the leading actresses of the hindi film industry during the late 70s and 80s. She is actively involved in many foundations and charities. Many of these were established in the memory of her in-laws, Dhirubhai and Kokilaben Ambani. Her work ranges from elder care to promotion of Indian art.
Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of September 2022, his net worth was estimated at US$3 billion.
Rewas(Rewas-Bodani or Revas) is one of 48 “minor” ports of Maharashtra located at Rewas Creek, near Karanja creek at mouth of the Patalganga River about 10 kilometres (6 mi) southward of Jawaharlal Nehru Port (JNPT) and 16 kilometres (9.9 mi) south-east of Mumbai Port. It is controlled by the state government through an agency known as the “Maharashtra Maritime Board”.
Network18 Media & Investments Limited, commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned by the energy giant Reliance Industries, headed by billionaire Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief of Network18, and Adil Zainulbhai is the chairman of its board of directors.
Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Capital, Reliance Home Finance and Reliance Health. The group provides financial services, construction, entertainment, power, health care, manufacturing, defence, aviation, and transportation services.
Antilia is a private residence in the billionaires row of Mumbai, India, named after an island from 15th century Spanish tales of the Atlantic Ocean Antillia. It is the residence of the Indian billionaire Mukesh Ambani and his family.
Reliance Entertainment Pvt Ltd is an Indian media and entertainment company. It is a division of Reliance Group, handling its media and entertainment business, across content and distribution platforms. The company was founded on 15 February 2005, as two entities, namely Reliance Big Entertainment and BIG Pictures. Four years later the two companies were merged into Reliance BIG Pictures in 2009, and the company's name was changed to Reliance Entertainment the following year.
Carmichael Road is an upmarket residential street of Mumbai, India. Situated on a ridge in South Mumbai, it is now officially called M.L. Dahanukar Marg. It has many old style bungalows and apartment houses, such as the art deco Kamal Mahal of film director, Kamal Amrohi. The street and surrounding neighbourhood is and has been home to Mumbai's rich and famous such as the Modys, the Commissariats, the Dahanukars, the Somaiyas, the Lalbhais, the Walchands and the Morarjees.
Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023, it has over 245,000 employees at 18,000 store locations in 7,000 towns. Apart from physical stores, the company also sells products on its e-commerce channels.
Reliance Naval and Engineering Limited (R-Naval), formerly known as Reliance Defence & Engineering Limited and prior to that as Pipavav Shipyard Limited and Pipavav Defence & Offshore Engineering Company Limited is an Indian shipbuilding and heavy industry company headquartered in Mumbai. The shipyard is located in Pipavav, Gujarat, at a distance of 90 km South of Amreli, 15 km South of Rajula and 140 km South West of Bhavnagar. R-Naval is the first private sector company in India to obtain a license and contract to build warships. Pipavav is the largest shipyard in India.
Lalit Jalan is the Advisor & former Chief Executive Officer of Reliance Infrastructure, part of the Reliance Anil Dhirubhai Ambani Group (ADAG), one of India's largest corporate houses. He is the Chairman of BSES Rajdhani Power Limited and BSES Yamuna Power Limited and serves as Director in several companies including Reliance Defence Ltd, which is associated with the Rafale deal between India and France.
Hill Grange High School was a private school for boys and girls located on Pedder Road, Mumbai, Maharashtra, India.
Reliance Foundation is an Indian non-profit organisation which was founded in 2010 by Mukesh Ambani. It is wholly owned by Reliance Industries Limited and is one of the largest non-profit foundations in the country.
Nita Ambani is an Indian philanthropist. She is the chairperson and founder of the Reliance Foundation, Dhirubhai Ambani International School and a director of Reliance Industries. She is married to Reliance Industries chairman and managing director Mukesh Ambani. With a family fortune estimated in excess of US$83.4 billion, the Ambanis are among the richest in the world. She is also an art collector and the owner of the Indian Premier League cricket team Mumbai Indians.