Image
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...

****

Central Bank of India Unveils 'Wonder Card' in Bihar
Public-sector bank, Central Bank of India has unveiled 'Wonder Card', a new debit-cum-credit card, for the benefit of salaried customers in Bihar. This new card will allow a customer to withdraw a fixed amount in excess of his salary which will be adjusted in salary head in the next month with interest at the bank's base rate at 10.25%, in addition to 4% interest.

A Wonder Card holder with a salary of up to Rs 25,000 per month can withdraw a surplus amount of Rs 10,000 against his salary amount, while one with Rs 60,000 salary could withdraw Rs 25,000 surplus amount, while with salary of more than Rs 60,000 per month could withdraw up to Rs 60,000.

Central Bank of India has 4,300 branches and 2,500 ATMs with a Pan India presence of all the branches connected under the CBS platform. The bank has a business turnover exceeding Rs 4 lakh crore.

Courtesy: Indian-Commodity

Popular posts from this blog