Google pays Rs 33,737 crore for 7.73% stake in Reliance Industries’ arm

Alphabet Inc’s Google has paid Rs 33,737 crore for a 7.73 percent stake in Reliance Industries’ (RIL) digital subsidiary, Jio Platforms, joining the list of global investors such as Facebook. The transaction also marks the US technology giant’s biggest-ever investment in an Indian company. With this, Jio Platforms has raised a total of Rs 1.52 … Read more

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