AI infra, new energy to drive $50 billion market value rise for Reliance

Reliance Industries Ltd’s investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected $50 billion increase in the firm’s market value, according to Morgan Stanley analysts.

The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani, is gearing up for its next phase of value creation.

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