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| Name | Jio bags 4th big investment in 4 weeks |
| Video Uploader | Video From moneycontrol |
| Upload Date | This Video Uploaded At 17-05-2020 17:32:28 |
| Video Discription | Reliance Industries Ltd (RIL) on May 17 said growth equity firm General Atlantic Partners will invest Rs 6,598.38 crore in Jio Platforms, the fourth major deal in a little less than four weeks from leading global tech investors that will infuse a total Rs 67,194.75 crore in the digital unit of India’s largest private enterprise. General Atlantic is buying a 1.34 percent stake in Jio Platforms, the unit that houses Reliance’s telecom venture Jio Infocomm, Mumbai-headquartered Reliance said in a statement. The investment gives Jio Platforms Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, the company said. Follow us: Website: https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/ #moneycontrol |
| Category | News & Politics |
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