In Short : The board of Power Grid Corporation of India Limited approved a new merger plan for 28 subsidiaries to simplify corporate structure and improve operational efficiency. The restructuring aims to enhance asset management, reduce administrative overheads, and strengthen project execution. The move is expected to support transmission expansion, financial optimization, and long-term growth […]
Reliance Industries Consolidates 16 Step-Down Subsidiaries into Reliance New Energy to Streamline Clean Energy Operations – EQ
In Short : Reliance Industries has merged 16 step-down subsidiaries into Reliance New Energy, reinforcing its strategic focus on clean energy and new-age technologies. The consolidation aims to simplify the corporate structure, improve operational efficiency, optimise resource deployment, and strengthen execution across renewable energy, energy storage, and green technology initiatives within the Reliance ecosystem. In […]