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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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Govt to announce steps on Monday to improve economy: Pranab
Expressing concern over signs of weakness in the Indian economy, Finance Minister Pranab Mukherjee today said the government is set to announce certain measures on Monday to improve market conditions in consultations with the Reserve Bank.
He said the Department of Economic Affairs had consulted with RBI Governor D Subbarao about the measures to be taken in this regard. "We will be able to take certain measures to be announced on Monday which will improve the market condition," Pranab Mukherjee said.
"GDP is at 6.5%, there is inflationary pressure, there is depreciation of rupee. There are no doubt signs of weakness in Indian economy," the minister said, adding, "I am concerned but not depressed".
"When the world is in turmoil, then a large economy like India cannot stay immune", Mukherjee told reporters.
Basic fundamentals are strong in Indian economy, the Minister said, adding that the period from January to June 2012 saw an inflow of FII money to the tune of USD 8 billion. The FII inflow for the corresponding period in 2011 was negative, he said. "This year FDI stood at 46 billion to 48 billion US dollars," Mukherjee said.

Courtesy: Money Control  

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