BROWSE

India’s Reliance says Abu Dhabi Investment Authority invests $752 mln in digital unit

Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million). Reliance has now sold 21% of Jio Platforms to investors including Facebook Inc, securing around $13 billion in less than seven weeks.

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