The NUE will be jointly promoted by an RIL unit and Infibeam Avenue subsidiary So Hum Bharat. Facebook and Google will hold smaller stakes. The companies are in advanced stages of submitting their proposal to the RBI, three people with knowledge of the matter told ET.
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Reliance partners Google, Facebook in seeking NUE licence from RBI
Reliance partners Google, Facebook in seeking NUE licence from RBI
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