Reliance Industries and Jio Platforms said that this investment values Jio Platforms at an equity value of ₹ 4.90 lakh crore and an enterprise value of ₹ 5.15 lakh crore
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Facebook buys 9.9% stake in Reliance Jio Platforms
Facebook will invest Rs 43,574 crore in Jio Platforms – a digital business arm of Reliance Industries. With this investment, Facebook will buy a minority stake of 9.99% in Jio, according to Reliance Industries.
Continue readingHow Mukesh Ambani’s Reliance Industries is digging ‘data’ – the new oil
This is, what Reliance Industries chairman and managing director Mukesh Ambani had said about ‘data’ for the first time
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