/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been
One barely heard of Anil Ambani after his ignominious track record of running several of his companies into the ground and allegations of bank fraud surfaced. That started changing around September 2024.
Ambani’s surviving group companies—Reliance Infrastructure and Reliance Power—began making a series of announcements about capital infusions and plans to expand business. His return to the limelight reached a high point in early December 2024, when he was seen seated in the front row at the Maharashtra government’s swearing-in ceremony in Mumbai, which the prime minister attended.
Ambani was no longer a pariah. An image rehabilitation was underway for …
