Mumbai: Prakash Shah, a senior executive at Reliance Industries and a close aide of Mukesh Ambani, has made headlines for giving up his successful corporate career and a salary of ₹75 crore to become a monk.

According to Financial Express, Shah and his wife, Nain Shah, took diksha , a spiritual vow, on the occasion of Mahavir Jayanti, choosing a peaceful life of spirituality over wealth and luxury.

Shah was a Vice President at Reliance and played a key role in major company decisions. His decision to leave behind his high-paying job and comfortable lifestyle has surprised many. Photos shared online show him in plain white robes, barefoot, carrying only a few personal items. He has taken vows of celibacy and given up all material comforts to follow a simple and spiritual life.

Shah’s transformation didn’t happen suddenly. Friends and colleagues say he had been deeply interested in Jain philosophy for many years. Over time, his spiritual beliefs became stronger and eventually led him to renounce his worldly life.

An accomplished professional, Prakash Shah is a Chemical Engineer and completed his post-graduation from IIT Bombay. He had a successful career, handling key projects like petcoke marketing and the Jamnagar gasification plant at Reliance.

Now, as a Jain monk, Shah follows a life based on discipline, simplicity, and spiritual practice.

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Kalaburagi: Two years after being expelled from the Janata Dal (Secular), former minister C.M. Ibrahim has announced that he will launch a new regional political party in Karnataka on January 24, reported Deccan Herald.

Speaking at a meeting organised by the Nava Karnataka Nirmana Andolana in Kalaburagi on Sunday, Ibrahim confirmed the birth of the new party.

The 77-year-old politician stated he would soon be meeting with other like-minded individuals to choose a symbol for the party.

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Ibrahim emphasised that the organisation would be guided by the principles of 12th-century social reformer Basavanna and the architect of the Indian Constitution, Dr. B. R. Ambedkar.

A veteran politician, Ibrahim served as Union Civil Aviation Minister during the tenure of H.D. Deve Gowda as Prime Minister and later headed the Karnataka unit of the Janata Dal (Secular). He was expelled from the JD(S) in 2023 on charges of anti-party activities.

His exit from the party followed sharp differences over the JD(S) decision to ally with the Bharatiya Janata Party (BJP). As the then state president of the JD(S), Ibrahim had publicly criticised the alliance, claiming it was finalised without his knowledge. He had also reportedly convened meetings of his supporters and expressed support for the INDIA bloc.