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Tuesday, July 7, 2020

Jio Platforms receives Rs 43,574 crore from Facebook for 9.99% stake

Jio Platforms Ltd., a unit of Reliance Industries, has received Rs 43,574 crore from US social media giant Facebook in exchange for a 9.99% stake, marking the culmination of a deal which saw possibly the largest FDI investment in India's tech landscape.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2ABBzVW

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