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Reliance Industries Sold Over 25% Stake In Jio For Rs 1.18 Lakh Crore Through These 12 Deals
03 Jul 2020, 05:52 PM IST i


Reliance Industries arm Jio Platforms houses telecom firm Reliance Jio Infocomm
Since April 22, billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has announced 12 deals to sell more than 25 per cent stake in its digital services arm, Jio Platforms. Together, the deals have helped the country's most valuable company to raise about Rs 1.18 lakh crore. US-based Facebook's capital infusion of Rs 43,573.62 crore for a 9.99 per cent stake in Jio Platforms, which houses Reliance Industries' telecoms arm R...
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