Facebook invests Rs 43,474 cr for 9.99% stake in Reliance Jio

The world’s largest social media company Facebook has announced an investment of Rs 43, 474 crores ($5.7 billion) for a 9.99% stake in Reliance Jio Platforms, a subsidiary of India’s most valued firm, Reliance Industries. The company is the biggest telecom operator in the country with more than 370 million subscribers. This investment by Facebook […]