Facebook Invests Rs 43,574 Crore In Reliance Jio, Acquires 9.9% Stake
Social Media giant Facebook has invested $5.7 billion (Rs 43,574 crore) to acquire a 9.9% stake in Reliance Jio, making Facebook the largest minority shareholder in the company. Reliance Industries Limited announced this partnership, and also stated that this investment values Jio Platforms at Rs4.62 lakh crore pre-money enterprise value […]