Reliance Industries Gains Over 2% On Mubadala-Jio Platforms Deal

Reliance Industries rose to a record high on Friday after the company said Abu Dhabi-based Mubadala Investment Company will buy a 1.85 per cent equity stake in its digital arm Jio Platforms for Rs 9,093.60 crore. Shares in Reliance Industries Limited (RIL) rose as much as 2.39 per cent to touch the Rs 1,617.70 apiece mark on the BSE in morning deals, having started the session at Rs 1,601.90. Mubadala's investment in Jio Platforms co...