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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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Mining lease cancellation: Govt moves SC for transfer of cases
The illuminated building of
the Supreme Court of India
New Delhi  July 18, 2014: The Centre today approached the Supreme Court seeking its direction to transfer before it all cases arising out of mining licence cancellation that are pending in various high courts. 

Agreeing to hear the Centre's plea, a bench headed by Chief Justice R M Lodha issued notice to all the companies which have filed petitions in the high courts. 

The Supreme Court sought response from Corporate Ispat Alloys Ltd, JWS Energy Ltd (Jindal Thermal Power Company Ltd), Bhushan Power and Steel Ltd, Sainik Mining and Allied Service Ltd, Ultratech Cement Ltd, Jharkhand State Mineral Development Corporation, Jayaswal Neco Industries Ltd and Bihar Sponge Iron Ltd on transfer petition filed by the Centre.

Courtesy: The Business Standard

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