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Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani; Bollywood Director Yash Chopra; Indian Cricketer Sachin Tendulkar and Actor Aamir Khan during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani; Indian Cricketer Sachin Tendulkar and Bollywood Actor Aamir Khan pose with award winners during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Neeta Ambani poses for the phhotographers during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Indian Cricketer Sachin Tendulkar with wife Anjali and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani arrive for an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Neeta Ambani presents Lifetime Achievement Award to Chandi Prasad Bhatt while her husband Mukesh Ambani, Chairman of Reliance Industries Ltd; Bollywood Director Yash Chopra; Indian Cricketer Sachin Tendulkar and Actor Aamir Khan look on during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani; Bollywood Director Yash Chopra; Indian Cricketer Sachin Tendulkar and Actor Aamir Khan during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Chandi Prasad Bhatt shares words after receiving Lifetime Achievement Award while Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani; Bollywood Director Yash Chopra; Indian Cricketer Sachin Tendulkar and Actor Aamir Khan look on during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mumbai Indians owner Nita Ambani during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Mumbai Indians owner Nita Ambani with son during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Mumbai Indians owner Nita Ambani"s son Akash Ambani poses for the photographers during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Mumbai Indians owner Nita Ambani during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Mumbai Indians owner Nita Ambani during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Mumbai Indians owner Nita Ambani with son during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Chairman of Indian Premier League Lalit Modi with Mumbai Indians owner Nita Ambani and Co- Owner of Knight Riders Jai Mehta during the Indian Premier League Auction 2010 in Mumbai on Tuesday, 19 January 2009. Sixty six players will be available for the auction for the third season of the Indian Premier League.

Chairman of Reliance Industries Mukesh Ambani with wife Nita Ambani; MOS Foreign Minister Shashi Tharoor and Indian Cricketer at the launch of his book "Shadows Across The Playing Field" in Mumbai on Friday, 07 August 2009.

Chairman of Reliance Industries Mukesh Ambani with wife Nita Ambani; MOS Foreign Minister Shashi Tharoor and Indian Cricketer at the launch of his book "Shadows Across The Playing Field" in Mumbai on Friday, 07 August 2009.

BCCI Vice President Rajeev Shukla; Nita Ambani with husband Chairman of Reliance Industries Limited Mukesh Ambani; Bollywood Actor Akshay Kumar and Dr Ramakant Panda, Vice-Chairman of the hospital pose for the photographers at the launch of Asian heart helpline in Mumbai on Saturday, 21 March 2009.

Nita Ambani with husband Chairman of Reliance Industries Limited Mukesh Ambani at the launch of Asian heart helpline in Mumbai on Saturday,21 March 2009.

BCCI Vice President Rajeev Shukla; Nita Ambani with husband Chairman of Reliance Industries Limited Mukesh Ambani; Bollywood Actor Akshay Kumar and Dr Ramakant Panda, Vice-Chairman of the hospital at the launch of Asian heart helpline in Mumbai on Saturday, 21 March 2009.

Nita Ambani with husband Chairman of Reliance Industries Limited Mukesh Ambani and Bollywood Actor Akshay Kumar at the launch of Asian heart helpline in Mumbai on Saturday, 21 March 2009.

BCCI Vice President Rajeev Shukla with Bangalore Royal Challengers owner Vijay Mallya and Mumbai Indians owner Nita Ambani at BCCI working Committee meeting in Mumbai on Sunday,22 March 2009.

Nikhil Meswani, Executive Director-Reliance Industries Ltd and Mumbai Indians owner Nita Ambani addresses media outside BCCI Office after working Committee meeting in Mumbai on Sunday,22 March 2009.

Chairman of Reliance Industries Limited Mukesh Ambani presents Women Welfare award to Savitri Vaithi while President of Dhirubai Ambani Foundation Nita Ambani looks on at the award ceremony of CNN-IBN and RIL in Mumbai on Thursday, 05 March 2009. 24 unsung real-life heroes of our society honoured during award ceremony for their extra ordinary achievements.

President of Dhirubai Ambani Foundation Nita Ambani hugs Gandhian and Founder of SEWA Ela Bhatt as she receives Lifetime Achievement Award at the award ceremony of CNN-IBN and RIL in Mumbai on Thursday, 05 March 2009. 24 unsung real-life heroes of our society honoured during award ceremony for their extra ordinary achievements.

Chairman of Reliance Industries Limited Mukesh Ambani with his wife- President of Dhirubai Ambani Foundation Nita Ambani at the award ceremony of CNN-IBN and RIL in Mumbai on Thursday,05 March 2009. 24 unsung real-life heroes of our society honoured during award ceremony for their extra ordinary achievements.

Nita Ambani arrives at Sanganer Airport in Jaipur on Sunday, 01 March 2009. Nita is here to attend Nandini Piramal wedding.

Chairman of Reliance Industries Limited Mukesh Ambani with wife Nita Ambani arrive at Sanganer Airport in Jaipur on Sunday, 01 March2009. They are here to attend Nandini Piramal wedding.

Chairman of Reliance Industries Limited Mukesh Ambani with wife Nita Ambani arrive at Sanganer Airport in Jaipur on Sunday, 01 March 2009. They are here to attend Nandini Piramal wedding.

Chairman of Reliance Industries Limited Mukesh Ambani and his wife Nita Ambani during the function on Tuesday,5 August 2003.

Chairman of Reliance Industries Limited Mukesh Ambani and his wife Nita Ambani during the function on Tuesday,5 August 2003.

Chairman of Reliance Industries Limited Mukesh Ambani and his wife Nita Ambani during the function on Tuesday,5 August 2003.

IPL’s Mumbai Indian team members Harbhajan Singh and Sachin Tendulkar with Nita Ambani at the felicitation ceremony of DLF Indian Premier League (IPL) team Mumbai Indians in Mumbai on Thursday, 17 April 2008.

Former Indian cricketer Sunil Gavaskar, Nita Ambani and Veteran cricket coach Dronacharya Ramakant Achrekar pose with Mumbai Indians team at the felicitation ceremony of DLF Indian Premier League (IPL) team Mumbai Indians in Mumbai on Thursday, 17 April 2008.

Former Indian cricketer Sunil Gavaskar with Nita Ambani at the felicitation ceremony of DLF Indian Premier League (IPL) team Mumbai Indians in Mumbai on Thursday, 17 April 2008.

Former Indian cricketer Sunil Gavaskar, Nita Ambani and Veteran cricket coach Dronacharya Ramakant Achrekar at the felicitation ceremony of DLF Indian Premier League (IPL) team Mumbai Indians in Mumbai on Thursday, 17 April 2008.

IPL’s Mumbai Indian team members Harbhajan Singh and Sachin Tendulkar with Nita Ambani at the felicitation ceremony of DLF Indian Premier League (IPL) team Mumbai Indians in Mumbai on Thursday, 17 April 2008.

Neeta Ambani and Kiran Rao at Real Heroes Awards function presented by CNN-IBN & Reliance Industries Ltd in Mumbai on Monday, 14 April 2008.