Nimmagadda Prasad family, wedding pics, age, height, weight, biography, wiki
Nimmagadda Prasad (born 11 October 1961) is an Indian industrialist from Andhra Pradesh, India, known for his ventures in thePharmaceutical and Television industries, and is involved in philanthropic activities through Nimmagadda Foundation. Along with actor Akkineni Nagarjuna, Prasad is one of the major shareholders of the popular TV channel Maa TV.
In 2006, Prasad sold off his majority shares in Matrix Pharmaceutical to Mylan Laboratories, USA, a large generic Pharmaceutical Company. For his achievements, the state government has honoured him with the “Best Management Award” in 2006. On the other hand, in 2012, he was jailed during CBI’s investigation on Y. S. Jaganmohan Reddy’s Disproportionate Assets, for allegedly having paid Rs. 8.50 billion on a quid pro quo amounting to Rs 14261.7 million investments in VANPIC and other firms held by him, during Y. S. Rajasekhara Reddy’s government. However, these assets were subsequently attached by the Enforcement Directorate of India, and Prasad was granted bail after seventeen months
|Born||11 October 1961 |
Krishna District, Andhra PradeshIndia
Institute of Management Technology, Ghaziabad
|Occupation||Chairman, MAA TV|