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India.com
25-05-2025
- Entertainment
- India.com
Meet Muhammad Ali Jinnah's great-grandson, lives in India, heir to multi billion dollar company, his name is…, net worth is...
Meet Muhammad Ali Jinnah's great-grandson, lives in India, heir to multi billion dollar company, his name is…, net worth is… Ness Wadia is a very prominent name in the business world. He is the elder son of Nusli Wadia and Maureen Wadia, which makes him the heir of the 283-year-old company Wadia Group. He is the managing director of Bombay Burmah Trading Corporation and co-owner of the Indian Premier League cricket team – the Punjab Kings. Let's know about him. Who is Ness Wadia? Born to Nusli Wadia and Maureen Wadia, he belongs to a Parsi family in Mumbai. After completing his in Engineering Management from the University of Warwick, he joined Bombay Dyeing in the year 2001. He is serving as the Director on Boards of various Wadia Group companies, like – GoAir, Britania, Wadia Techno Engineering Services and Bombay Dyeing. The Controversy Wadia made headlines after Bollywood actress Preity Zinta lodged an FIR against co-directors Mohit Burman and Ness Wadia in a Chandigarh court. She questioned the legality of an Extraordinary General Meeting that took place in April 2025. She said she had raised objections to the meeting, but her concerns were overlooked. Great-Grandson Of Muhammad Ali Jinnah Very less people know that Ness shares a close connection with Pakistan's founding father – Muhammad Ali Jinnah. He is the great-grandson of Jinnah. He is the son of Nusli Wadia, and former air hostess and Editor of Gladrags Maureen Wadia. His grandparents were Neville Wadia and Dina Wadia. Affair With Preity Zinta Rumours about Preity Zinta and Ness Wadia's relationship began surfacing in the early 2000s, and by 2005, Preity confirmed they were together. The two were frequently seen attending events, cricket matches, and even the wedding of Abhishek Bach 'We don't hide our relationship from the media. We go for parties together, we go to have coffee in Barista, we go for pizzas together… But I don't talk about him or talk about how I feel. What do I say? Those are feelings I cherish,' Zinta said. The Bollywood actress lodged molestation charges on Wadia. Preity and Ness broke their relationship in 2009 after the businessman had allegedly slapped her at a party. In 2014, Zinta accused Wadia of physical molestation. 'For some time we have ended our relationship. Although we are the co-owners of our team 'Kings XI Punjab', but we are no longer in a relationship and only talk for professional reasons and work. During that time he tried to abuse me and used extremely derogatory language and tried to behave in a manner where I was put to shame in front of my colleagues, friends and family,' Preity Zinta's complaint read. Ness Wadia filed a counter case against Preity Zinta, and the two were involved in a legal battle for some time. However, in 2018 Ness apologised to Preity, leading her to withdraw the case.
India.com
12-05-2025
- Business
- India.com
Meet man, the grandson of Jinnah who had a fierce rivalry with Tata and Ambani, leads business empire of Rs 478370000000, owns companies like…
New Delhi: The chairman of the Wadia Group, Nusli Wadia, is a billionaire Indian businessman. His company operates in various industries such as textiles, aviation, chemicals, and real estate. Nusli Wadia expanded the Wadia Group and established several new companies, including Bombay Dyeing. He was also actively involved in GoAir airline. He has also contributed to the fields of education and healthcare through philanthropy. However, he faced controversies, including rivalries with the Ambani family and legal disputes with the Tata Group. The Wadia family holds an important place among the Parsi community. His mother, Dina Wadia, came from a Gujarati Muslim family. Nusli Wadia's maternal grandfather was Muhammad Ali Jinnah, the founder of Pakistan. His maternal grandmother, Rattanbai Petit, belonged to one of India's wealthy Parsi families. Nusli Wadia's paternal grandfather, Sir Ness Wadia, was a well-known textile industrialist who played a key role in making Bombay one of the world's largest cotton trading centers at the end of the 19th century. His paternal grandmother was an Englishwoman named Evelyne Clara Powell from Yorkshire. His grandaunt (mother's aunt) Fatima Jinnah was a politician. Thus, Nusli Wadia's family has connections to many prominent figures in politics and business. In this article, we will delve into the journey of his success. All you need to know about Nusli Wadia Nusli Wadia was born on February 15, 1944, in Bombay (now Mumbai). Nusli Wadia is a billionaire Indian businessman. He is the chairman of the Wadia Group, which operates in various industries such as textiles, aviation, chemicals, and real estate. Nusli Wadia's father, Neville Wadia, was a well-known businessman, and his mother, Dina Wadia, was the daughter of Muhammad Ali Jinnah, the founder of Pakistan. The Wadia family has played a significant role in Indian business for several generations. Nusli Wadia expanded the Wadia Group and established several new companies, including Bombay Dyeing. He was also actively involved in GoAir airline. He has also contributed to the fields of education and healthcare through philanthropy. His wife's name is Maureen Wadia. They have two sons – Ness Wadia and Jeh Wadia. Nusli Wadia acquired an 11 percent stake in the company with the help of well-wishers such as his mother, sister, friends, and J.R.D. Tata. He also persuaded employees to invest their savings and buy shares in order to prevent the company from being sold. Nusli then went to London, where his father was negotiating a deal, and convinced him not to sell the company or move abroad. In 1977, Nusli Wadia became the chairman of the company after his father. Nusli Wadia is married to Maureen Wadia, who was formerly an air hostess. Maureen Wadia is the head of Gladrags magazine and one of the organizers of the Mrs. India beauty pageant. They have two sons: Ness Wadia and Jehangir Wadia. Nusli Wadia's son Ness Wadia is also quite well known. He is recognized in both the sports and business worlds. Ness Wadia is the co-owner of the IPL team Kings XI Punjab, which is now known as Punjab Kings. Nusli Wadia's real-time net worth is $5.6 billion (approximately Rs 47,837 crore).
India.com
06-05-2025
- Entertainment
- India.com
This romantic thriller earned four times its budget, Canadian actress made hit debut, worked with Shashi Kapoor's son, her name is…, lead actor was…
It takes one film to make or break career of the actors, directors, producers. This one romantic thriller was a commercial success. The lead actors rose to quick fame and vanished as quickly too. While the actor still remains a blurr memory, the actress has ventured into a different trajectory all together. The movie was a produced when such stories were not so common in that era. The film was directed by Vikram Bhatt and produced by Mahesh Bhatt. It was released in 2001 and became a blockbuster. The name of the film is 'Kasoor'. It featured Aftab Sivdasani, Lisa Ray, Irrfan Khan and Ashutosh Rana among others. Canadian Actress' Successful Debut 'Kasoor' was the maiden Hindi fil of the Canadian born actress Lisa Ray. Aftab Sivdasani has established a name for himself by then and Lisa Ray was rising to fame in the world modelling amd advertisement. She started her career on 1990s and worked with popular brands like Bombay Dyeing, Lakme etc. Ray was born to an Indian Bengali father and Polish mother in Toronto, Canada. She spent quite many days of early childhood in Kolkata. She first appeared in the Bombay dyeing ad oppiste to Shashi Kapoor's son Karan Kapoor. Subsequently, her talent was recognized and she got more and more work catapulting her into nationwide fame. As a successful model in India, she anchored several shows, travel shows, hosted events. Lisa Ray made her Bollywood debut with 'Kasoor'. Lisa was born in Canada. Before her Bollywood debut, she worked in the Tamil film 'Netaji' and the Kannada film 'Yuvraj'. Before this, she played a very small role in the 1994 film 'Hanste Khelte'.
India.com
06-05-2025
- Business
- India.com
Meet man, once filed defamation case against Ratan Tata, one of living descendants of Pakistan founder Jinnah, his net worth is Rs…, he is…
Nusli Wadia is the chairman of the Wadia Group which operates in different sectors. He handles major companies alike Britannia Industries and Bombay Dyeing. Wadia once entered into the aviation industry and founded Go First in 2005. However, the airline faced financial difficulties and was declared bankrupt in 2023. But still Wadia is a billionaire according to Forbes with a net worth of $5.5 billion (Rs 46,517 crore). In September 2024, Wadia sold a 10-acre plot in Mumbai for over $130 million. He is also known as a 'corporate samurai' due to his numerous legal battles. Wadia had once filed a criminal defamation case against the late Ratan Tata and Tata Sons directors in 2016. It was because he was ousted from several Tata Group boards. He later withdrew these cases. Descendant Of Muhammad Ali Jinnah Wadia and his two sons are the only living descendants, through his maternal side, of Muhammad Ali Jinnah who was the founding father of Pakistan. His son, Ness Wadia is co-owner of the IPL cricket team Kings XI Punjab. Wadia is also a philanthropist and supports various educational and healthcare work in India. His wealth majorly comes from his 51% stake in Britannia Industries. He is married to Maureen Wadia, who was a former flight attendant and public figure in the fashion industry. They have two sons named as Ness and Jehangir.
Time of India
06-05-2025
- Business
- Time of India
Bombay Dyeing Q4 profit falls 83% to Rs 11.54 cr, revenue dips 12%
New Delhi: Bombay Dyeing & Manufacturing Co on Monday reported a decline of 82.6 per cent in its consolidated profit at Rs 11.54 crore in the fourth quarter ended March 2025. The company had posted a net profit of Rs 66.46 crore in the January-March quarter a year ago, according to a regulatory filing from Bombay Dyeing & Manufacturing Co Ltd. Its total income was down 12.42 per cent to Rs 395.47 crore in the March quarter. It was at Rs 451.58 crore in the corresponding quarter a year ago. Total expenses of Bombay Dyeing were at Rs 382.78 in the March quarter. For the financial year ended March 2025, Bombay Dyeing's net profit was down 83.4 per cent to Rs 490.16 crore. It was at Rs 2,948.63 crore a year ago, exceptionally high due to sales of land parcels. In FY25, Bombay Dyeing's total income was down 3.72 per cent to Rs 1,732.34 crore. Meanwhile, in a separate filing, Bombay Dyeing informed its board in a meeting held on Monday recommended the final dividend of 60 per cent for FY25, which is Rs 1.20/- per equity share of Rs 2/- each. Shares of the Bombay Dyeing and Manufacturing Company Ltd on Monday settled at Rs 132.80 on BSE, down 2.04 per cent from the previous close.>
