The Lakme Fashion Week finale was later shifted to Palladium Hotel in Lower Parel.
The Reliance Industries chairman would not be making this investment in one go; in fact, he would be contributing Rs 60 lakh to the museum for the next three years. Interestingly, Mr Ambani won’t be using his business earnings for the task but the remuneration that he earns from his post on the board of the Bank of America.
So, what prodded Mukesh Ambani to donate an amount to the museum? According to Tasneem Zakaria Mehta, honorary director at Dr Bhau Daji Lad Museum and vice-chairman of INTACH, the Indian business magnate has given this money for the museum as he supports the work that they are doing.
The museum would be using this money to fund programmes and exhibitions as well as for overall upkeep of a fine city landmark.
Image: indiatimes