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Siripanyo gives up $5 bn empire, India has history of riches-to-monks

Business Standard LogoBusiness Standard5h ago

Siripanyo gives up $5 bn empire, India has history of riches-to-monks - Business Standard

Quick Summary:

The entire Sadadiya family was already in the Jain monk order when Beena and Sanjay decided to renounce everything.

In April this year, a Gujarati couple -- Bhavesh Bhai Bhandari and his wife Jinal -- donated their lives' savings of Rs 200 crore to become monks.Reason?

The mother is said to have imparted the basics of monkhood to her son through his childhood, with the aim of some day inspiring him to embrace a life of monkhood.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 21:43:16 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23924567

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Official Website: business-standard.com

Update Frequency: 336 posts per day

Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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