
Anil Ambani makes stunning comeback after 'zero' net worth, these two key Reliance companies see revival amid legal, strategic wins, they are...
Anil Ambani makes stunning comeback after 'zero' net worth, these two key Reliance companies see revival amid legal, strategic wins, they are...
Anil Ambani's business has seen many highs and lows over the years. Once on the verge of financial collapse, he has now made a strong comeback after two of his key companies, Reliance Infrastructure and Reliance Power, played a major role in this turnaround. Thanks to smart strategies and solid performance from both companies, there are now early signs of a potential recovery. Both stocks have shown strong growth over the past year. Reliance Power has surged by 173 per cent, while Reliance Infrastructure has gone up by 141 per cent. Major boost to Reliance Infrastructure
Reliance Infrastructure has recently received a major boost after a key legal relief came when the National Company Law Appellate Tribunal (NCLAT) suspended an earlier insolvency order issued by the NCLT against the company. This decision has removed a significant roadblock in its path.
The company's stock saw a sharp rise not just because of the legal win, but also due to major developments in the defence sector. Anil Ambani-led Reliance Infrastructure has become the first private Indian firm to independently manage a full-scale aircraft advancement program worth Rs. 5,000 crore, scheduled over the next 7 to 10 years.
This marks a big leap into the high-value defence and aerospace space and signals strong long-term revenue potential for the company. Reliance Power
Reliance Power has also made significant strides in recent weeks. Over the past month alone, its stock has surged by more than 63 per cent, climbing back to levels last seen in 2018.
One of the key drivers behind this rally is a landmark deal signed by its subsidiary, Reliance New Energy Suntech. The company recently entered into a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). The agreement covers a massive 930 MW solar power project, integrated with a 465 MW / 1,860 MWh Battery Energy Storage System (BESS) the largest of its kind in Asia. The total investment for the project is estimated at Rs. 10,000 crore over the next two years.
In another major relief, the Delhi High Court stayed a three-year ban imposed by SECI on RPower and its subsidiaries, allowing them to continue participating in government tenders.
Additionally, in May 2025, Reliance Power raised Rs. 348.15 crore through a preferential share placement. This move has helped strengthen its balance sheet and boosted investor confidence in the company's future. From billionaire to bankrupt and now, a comeback
Anil Ambani, once counted among the richest people in the world, saw his fortunes take a steep downturn over the past decade. Mounting debt, legal troubles, and a collapsing business empire brought him to a very low point. In fact, back in 2020, he famously told a UK court that his net worth was 'zero.'
But recent developments show a different story that is beginning to unfold. The strong performance of Reliance Infrastructure and Reliance Power fueled by court victories, government contracts, a pivot toward green energy, and ambitions in the aerospace sector point to a carefully crafted recovery strategy.
While it may be too early to call it a full-blown turnaround, the market is certainly taking notice. For Anil Ambani, this could mark the first real step back into the game he once dominated.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
10 minutes ago
- Hans India
First anniversary of NDA govt celebrated
Rajamahendravaram: The first anniversary of the TDP–Jana Sena–BJP alliance government was celebrated with great enthusiasm at 3rd Ward Rachabanda in Rajamahendravaram on Thursday. The event was organised under the leadership of State Settibalija Corporation Chairman Kudpudi Sattibabu. As part of the celebrations, a cake was cut and sweets were distributed among locals. Speaking on the occasion, Sattibabu praised Chief Minister Nara Chandrababu Naidu for leading a people-centric and development-oriented government. He criticisedthe previous administration for pushing the state into a financial crisis with over Rs 10 lakh crore in debts and said that the current government is steadily moving the state towards fiscal stability and growth. 'Chandrababu Naidu is focusing equally on welfare and development, which are the two eyes of progress,' he stated. He also extended congratulations to Education Minister Nara Lokesh and Deputy Chief Minister Pawan Kalyan, explaining their contributions to the government's performance. Sattibabu lauded the recently launched 'Talliki Vandanam' scheme, calling it a significant step towards women's empowerment. He also commended the Chief Minister for announcing 10% liquor shop reservations for toddy tappers, a move he said would be remembered forever by the Geetha (toddy-tapper) community. Local leaders, party workers, and residents took part in the event, which reflected growing public support for the alliance government's initiatives.


Hans India
11 minutes ago
- Hans India
Yadagirigutta board eludes as two mantris flex their muscles
Hyderabad: Group politics within the ruling Congress party in Nalgonda district have reportedly delayed the constitution of the Yadagirigutta Temple Development (YTD) Trust Board, intended to be modelled on the lines of the renowned Tirumala Tirupati Devasthanams (TTD) in Tirupati. Ministers such as N Uttam Kumar Reddy and the Komatireddy brothers are understood to be actively lobbying to secure positions for their nominees on the Trust Board. The State government had made a clear decision to establish YTD, drawing inspiration from the TTD. A senior official confirmed that the government intends to constitute trust boards for temples with an annual revenue exceeding Rs 100 crore. As the Yadagirigutta Temple falls into this category, a trust board is slated for formation. To facilitate this, the government amended The Telangana Charitable and Hindu Religious Institutions and Endowments Amendment Act 2025 in March of this year. However, sources indicate that the initiative has stalled due to internal group politics within Nalgonda district. It is understood that information was already conveyed to public representatives in the district, but the response has been negative, with officials being asked to postpone the matter for a few days. Several MLAs from the district are reportedly eyeing positions on the board, given Yadagirigutta's annual income of Rs 224 crore. Chief Minister A Revanth Reddy recently instructed officials to swiftly establish the board, mirroring the TTD structure, with the aim of enhancing the management and development of the significant pilgrimage site. While the TTD Board comprises 29 members, the proposed YTD will have 18 members. This includes a Chairman, nine other members, one member from the State Legislative Assembly or Council, one each from the Scheduled Castes (SC), Backward Classes (BC), and Women categories, and one member from the founder trustee family. Four ex officio members, including the Principal Secretary Revenue, the Commissioner of Endowments, and the Executive Officer of Yadagirigutta temple, will also sit on the board. The Board's tenure will be for two years, with members receiving no salary but entitled to Travelling Allowance and Dearness Allowance. Officials stated that the government would issue a formal notification for the trust board's formation once they receive a go ahead from higher authorities.
&w=3840&q=100)

Business Standard
12 minutes ago
- Business Standard
Ahmedabad airplane crash latest crisis for Boeing's new leadership
Boeing leadership was back in crisis mode on Thursday following the deadly crash of an Air India 787-8 Dreamliner jet minutes after take-off earlier in the day. The planemaker's new CEO Kelly Ortberg had been set to head to the Paris Air Show, the industry's biggest event of the year, after several key accomplishments in recent weeks as he tries to rebuild public trust in Boeing following a series of safety and production crises. But his plan to attend the show next week with Boeing Commercial Airplanes head Stephanie Pope has been scrapped, Ortberg said, as the company focuses on the investigation into the first-ever crash of a 787 jet, its most advanced model. "As our industry prepares to start the Paris Air Show, Stephanie (Pope) and I have both canceled plans to attend so we can be with our team, and focus on our customer and the investigation," Ortberg wrote in a message to employees on Thursday evening that was seen by Reuters. The Air India plane bound for London crashed in the Indian city of Ahmedabad, killing nearly all of the 242 people on board, in the world's worst aviation disaster in a decade. Air safety experts have said that at this time there is no reason to think a manufacturing or design problem was the cause, but the reason for the air disaster is not clear. "Safety is foundational to our industry and is at the core of everything that we do," Ortberg told employees. "Our technical experts are prepared to assist investigators to understand the circumstances, and a Boeing team stands ready to travel to India." The biggest challenge for Boeing could be getting lay people to understand that while a jet it made crashed, it is unlikely that Boeing is at fault, said John Nance, an aviation safety expert and former commercial pilot. Of course, accident investigators will consider every possibility, he added. With public perception of the planemaker still on shaky ground, that will fall to Boeing executives to address. Ortberg has been trying to move the company past a series of regulatory and safety crises, and was heading into the Paris Air Show after a busy month that included more than 300 new orders and a ramp-up in 737 production. "Previous production issues at Boeing will be very much on people's minds at the moment and the relatively new leadership at Boeing needs to be visible in the days to come," said Paul Charles, CEO of the PC Agency, a London-based luxury travel consultancy. Boeing shares closed 4.8 per cent lower on Thursday. MAX problems Boeing was deemed responsible for three high-profile accidents involving 737 MAX narrow-body planes in recent years, including two fatal crashes. A January 2024 incident, when a door plug blew off a new plane mid-flight, damaged its reputation and led to the departure of then-CEO Dave Calhoun, as well as head of commercial planes and its board chair. The Air India plane that crashed in the city of Ahmedabad was more than a decade old. It first flew in late 2013 and was delivered to Air India in January 2014. Since then, it accumulated more than 41,000 flight hours, including 420 hours during 58 flights in May and 165 hours during 21 flights in June, according to Cirium, an aviation data analytics firm, and FlightRadar24, a flight tracking website. Before the crash, airline executives had voiced greater confidence in Boeing's rebound in deliveries and in Ortberg's leadership after years of reputational damage for the planemaker. The public has not yet caught on, however. Last month, the Axios Harris poll of 100 recognizable corporate brands by reputation put Boeing at 88th, same as in 2024. The wide-body 787 planes have had a strong safety record. They were grounded in 2013 due to battery issues, but no one was reported injured. Boeing's narrowbody 737 MAX jets were grounded for years following two fatal crashes and have faced years of scrutiny and production delays. "Due to the crash, there could be enhanced scrutiny on manufacturing and quality procedures. However, at this time, we do not feel there will be a long-term impact to production," said Edward Jones analyst Jeff Windau. Shares of Spirit AeroSystems, a key supplier, and GE Aerospace, which makes engines for the jet, also fell about 2 per cent each. Boeing's outstanding debt also sold off modestly after the crash. (Reporting by Dan Catchpole in Seattle; Additional reporting by David Shephardson in Washington, Joanna Plucinska in London, Shashwat Chauhan, Nathan Gomes and Purvi Agarwal in Bengaluru and Shankar Ramakrishnan in New York; Editing by David Gaffen, Marguerita Choy and Jamie Freed)