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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
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Laloonomics clean bowled and Harvard University bosses frown:

Railway cash surplus inflated in last 5 years: Mamata
Railway Minister Mamata Banerjee presented a white paper document in Parliament on Friday, giving details of the finances of the Indian Railways and raising concerns over the irregularities perpetrated during the previous tenure.
The paper disclosed that the cash surplus was inflated by Rs 17,006 crore. “Account changes in five years inflated cash surplus before dividend,” it said.
It further said that 1991-96 was the best period for railway finances. Since then, the losses in passenger operations grew steadily to stand at Rs 14,000 crore in FY09. The traffic growth too, the paper said, was below par from FY05-FY09.

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