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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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Global apparent steel consumption to rise by 3.6% in 2012, worldsteel says

Global apparent steel consumption is due to increase by 3.6% in 2012, as signs of stability start to emerge and recovery is expected to resume in the second half of the year, the World Steel Assn (worldsteel) said on Friday April 27.
Steel use is likely to reach 1.42 billion tonnes in 2012, up from 1.37 billion tonnes a year earlier, worldsteel said in its short-range outlook. This is supported by growth of 4% in China to 648.8 million tonnes of apparent consumption, a rise of 6.9% in India to 72.5 million tonnes and 5.7% growth in the USA. Central and South American consumption is set to grow by 6.8% in 2012 to 49.1 million tonnes, a “historical high,” according to worldsteel, with Brazil returning to positive growth of more than 5% in 2012.

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