Strategy

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.