Jio-PIF Deal

June 18th, 2020 6:24 PM 2 COMMENTS

Reliance Jio Platforms Attracts Rs 11,367 Crore Investment from Saudi Arabia’s Public Investment Fund

Reliance Jio Platforms is continuing to attract global investors to achieve the Digital Society vision for India. The largest telecom operator of India has announced an investment of Rs 11,367 crore by The Public Investment Fund (PIF). With the Investment, PIF will acquire 2.32% stake in Jio Platforms on a fully diluted basis. The investment by PIF value Jio Platforms at an equity value of Rs 4.91 lakh crore and... Read More

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where are the plans?no details , whats new whats changed?

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