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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...
PM Narendra Modi stresses on building infrastructure; says take ownership to build a strong nation 
Photo: IDFC
[Editor: The real problem with Narendra Modi is that he talks more but works less. He is seen more, giving high publicity to his works, rather than showing his real achievements. However, he is a quality (good) salesman, who somehow managed to reach the corridors of New Delhi. Now it seems a large section of the media dances to his tune. Anyway, I sincerely hope that, he becomes a man of action instead of living only on his past glory. But then I am more interested with the performance of the NDA. If the NDA does well and our (Indian) economy shines, then it does not become important, whether Narendra Modi continues to remain a Buffoon or not. A  monkey will always climb a tree, whether it is England or India. So let the ape climb a tree as long as it fetches fruits for us]
NEW DELHI, 19 Aug, 2014: Stressing on the importance of building a robust infrastructure, Prime Minister Narendra Modi on Tuesday said, "A nation that gives impetus to infrastructure, be it roads, rail, airport, that is where chances of development increase."

"We have to take ownership to build a strong nation," Modi said. "When the road network increases the avenues of development increase too," he added. "We cannot do with infrastructure of the last century. Any contractor comes makes a road & it gets destroyed in monsoon...this won't do," Modi said.

Modi also said that removing corruption was key to ensuring progress. "Corruption is worse than cancer. We together have to uproot this evil," he said. "'Mera Kya' and 'Mujhe Kya'...this has ruined the nation. We need to free nation from corruption," he reiterated. 

Modi laid foundation stone for the Kaithal-Rajasthan border section of National Highway 152/65, at Kaithal in Haryana.

The Rs 1,393 crore project road starts from Kaithal and ends at Haryana-Rajasthan Border and will be completed in 30 months. It passes through Kalayat, Narwana, Barwala, Hisar and Siwani towns, the officials said.

Twenty-three underpasses and 20.90 km service roads are proposed in the project near villages which shall ensure the safety of the pedestrian and the people residing in the vicinity of the road, they said.

(With inputs from PTI)

Courtesy: The Economic Times 

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