FILE Photo: A woman checks her cell cell phone as she walks earlier a cell shop of Reliance Industries’ Jio telecoms unit, in Mumbai, India, July 11, 2017. REUTERS/Shailesh Andrade
June 18, 2020
BENGALURU (Reuters) – Saudi Arabia’s General public Expense Fund will commit 113.67 billion rupees ($1.49 billion) in Reliance Industries Ltd’s
The Saudi sovereign prosperity funds’ investment will translate into a 2.32% equity stake in Jio Platforms on a entirely diluted foundation, Reliance reported in a statement https://bit.ly/3hCckn3.
(Reporting by Philip George in Bengaluru Modifying by Vinay Dwivedi)