1. A big fat wedding in Bengaluru to cost hundreds of crores, even as India suffers cash crunch

A big fat wedding in Bengaluru to cost hundreds of crores, even as India suffers cash crunch

India is reeling under a cash crunch, following the demonetisation move by Narendra Modi-led Indian government. Meanwhile a Karnataka billionaire Janardhana Reddy will reportedly be spending Rs 500 crore for his daughter's wedding.

By: | Published: November 15, 2016 6:26 PM
janardhana reddy, janardhana reddy wedding, janardhana reddy daughter, 500 crore wedding, demonetisation, demonetisation narendra modi Gali Janardhana Reddy’s daughter’s wedding is a grand affair. (Source- Twitter: The Newsminute)

India is reeling under a cash crunch, following the demonetisation move by Narendra Modi-led Indian government. Meanwhile a Karnataka billionaire Janardhana Reddy will reportedly be spending Rs 500 crore for his daughter’s wedding. Reddy is a former BJP minister and a mining baron who will be spending such a huge sum for the wedding for his daughter Brahmini. The wedding event is scheduled to be a four-day affair which started on November 12 and will end with a grand wedding on November 16. The Karnataka minister has earlier been accused in many money laundering and illegal mining cases. That evidently does not stop him from compromising on expenses nor imagination.

While hundreds and thousands stand in line to take out money from banks, Janardhana Reddy has reportedly recreated the entire Vijayanagara empire on a whopping 36 acres of land in Bengaluru. According to reports, Reddy believes that he’s the reincarnation of the 14th century Vijayanagara King Krishnadevaraya. Reddy’s daughter Brahmini will tie the knot with Rajeev Reddy, son of a Hyderabad businessman. The marriage pavilion will reportedly resemble the Vijaya Vittala temple in Hampi. The whole decoration will be done by famous and costliest Bollywood art directors and hundreds of labourers have been working on it. Reddy has recreated a village, filled with elephants, chariots and camels, to put up a traditional front. According to certain rumours, top list Bollywood stars will be attending the wedding, apart from the 30,000 other guests.

The CBI had arrested Reddy on illegal mining charges in 2011. The Supreme Court had granted bail to him on January 2015 with the condition that he does not visit his hometown of Ballari and Kadapa, where his mining company is situated. Interestingly, SC relaxed the restrictions for 21 days from November 1 to November 21, due to which he could attend his daughter’s wedding. According to an Indian Express report, this wedding has come under the scanner of the Income-Tax Department on account of the multi-crore expenditure the event is expected to incur.

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