India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit
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India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Global Economy

Reuters
07 June, 2020, 08:25 pm
Last modified: 07 June, 2020, 09:00 pm

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India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Reliance has now sold 21 percent of Jio Platforms to investors including Facebook Inc, securing around $13 billion in less than seven weeks

Reuters
07 June, 2020, 08:25 pm
Last modified: 07 June, 2020, 09:00 pm
India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16 percent of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).

Reliance has now sold 21 percent of Jio Platforms to investors including Facebook Inc, securing around $13 billion in less than seven weeks.

Top News / South Asia

Reliance JIO

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