Business tycoon Mukesh Ambani and Nita Ambani's son Akash Ambani and his wife Shloka Mehta have been blessed with a baby boy.

"With the grace and blessings of Lord Krishna, Shloka and Akash Ambani became proud parents of a baby boy today in Mumbai. Nita and Mukesh Ambani are delighted to become grandparents for the first time, as they welcomed the great-grandson of Dhirubhai and Kokilaben Ambani. Both mother and son are doing well. The new arrival has brought immense joy to the entire Mehta and Ambani families," a Ambani family spokesperson said.