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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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Demand from India can push gold prices higher: Emkay
26 September, 2013: U.S. Comex gold futures for October delivery settled up at USD 1,335.9 an ounce. Gold prices rose as uncertainty over US budget talks boosted gold's safe haven appeal. 

 Fears of a government shutdown escalated as disagreement amongst lawmakers continued over funding Obama healthcare program as a condition to raise the debt ceiling.

The IMF report showing 8 central banks added to their gold reserves also supported gold prices. The U.S. Treasury Secretary has warned theCongress of running out of funds and defaulting on its payments if no action is taken before October 17.
Commenting on the gold outlook, Emkay Commodity Research said, ''Indian customs cleared imported gold lying at the airports which could restart imports soon from India. Gold prices are expected to move up as uncertainty regarding US fiscal issue and a pickup in demand from India can push prices higher.''

Courtesy: Myiris.com 

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