Mukesh Ambani

Image via Reuters

Few years ago, Mukesh Ambani made news with his skyscraper-house Antilla that overlooks Mumbai’s infamous slums.

This year he’s back with yet another controversy surrounding the hike in gas prices which is apparently supposed to benefit Reliance Industries. Social activist Arvind Kejriwal has hit out against the elder Ambani brother (and the prime minister in effect) saying that the former runs the country and is blackmailing the government.

Kejriwal went so far as to state that Jaipal Reddy was removed as the petroleum minister for refusing Ambani-led Reliance Industries' proposal to hike charges of gas it supplied to state-run power plants. Kejriwal also said that Mukesh Ambani has a Swiss account with Rs 100 crore stashed abroad.

Ambani, however, is enjoying his status as India’s richest with a net worth of around $19bn-$21 billion – and topped both Forbes and Hurun’s list this year.

  • Narendra Modi

    Narendra Modi

    From shaking up the very foundations of the Indian government to stirring up unseemly controversies, from showing incredible courage in the face of extreme adversities to losing a reputation built over years of hard work in just a blink of an eye, from setting the electoral hustings afire with golden speeches to getting into trouble for not speaking at all, there were many 'newsmakers' in 2012 who caught the common man's imagination. Some made it for stellar reasons, others for all there is wrong with the society. Here are 12 'newsmakers' that deserve a mention. More »

  • Kutch, Gujarat

    Kutch, Gujarat

    Trying to pick twelve travel destinations in India is a little like choosing the twelve best feathers on a peacock’s train, but pick we must. The most dramatic phenomenon we’ve observed in 2012 is the rising number of Indians choosing their own country for a great holiday. At one end of the spectrum, they are hitchhiking and backpacking. At the other they are patronising the most luxurious hotels and resorts once reserved for tourists brandishing wads of foreign exchange. Keen to experiment, they are experiencing everything from scuba-diving to cycling. Many are taking to wildlife and landscape photography with a passion. Here’s our selection of the 12 most captivating Indian holiday destinations of 2012. Feel free to argue but, most importantly, get up and pack! More »

  • Tendulkar’s 100th century

    Tendulkar’s 100th century

    Like any other year, this one too had its highs and lows, moments that captured the imagination for contrasting reasons. Here's a lowdown on what happened in the world of cricket in 2012. More »

  • Coalgate scam

    Coalgate scam

    It was an eventful year in the world of finance and business, one that actively involved all three actors: the government, people and even the common man. From violent employee agitations to controversial reform proposals and volatile economic indicators, we compile the twelve defining news events of 2012. More »

  • Aishwarya Rai-Bachchan

    Aishwarya Rai-Bachchan

    There was seldom a day which passed by without these celebs hogging the limelight. Here’s what they did More »