British American Tobacco is cutting thousands of jobs and outsourcing more roles under a technology-led restructuring that will also expand its India operations through a new capability center with ITC Infotech.

State investors are cutting exposure to crowded equity markets and moving deeper into private credit, infrastructure and data centers to capture the AI build-out.

Nandan Nilekani told shareholders the company can tap a $300 billion to $400 billion AI services opportunity by 2030.

Meta will lead a $900 million funding round in CRED as founder Kunal Shah steps away from the Indian fintech to become WhatsApp’s global head.

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Reliance is betting that Jio’s reach across telecom, homes and small businesses can turn AI from a data-center story into a mass-market services business.

The charge takes the Indian IT major’s total exposure in a long-running DXC trade-secrets case to $220 million.

The IT services company’s $150 million investment gives it a route into government and regulated-sector AI demand.

The proposed alliance will target AI racks, servers, power systems and cooling equipment as India seeks a larger role in global AI infrastructure supply chains.

Misra’s reported move from Hindustan Zinc to Vedanta’s group leadership comes as Anil Agarwal’s metals and energy empire enters its first phase as a set of separately listed companies.