Business

Abu Dhabi Investment Authority To Buy Rs 5,684-Crore Stake In Jio Platforms


New Delhi:

Oil-to-telecoms major Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16 per cent of its digital unit Jio Platforms for Rs 5,683.50 crore ($752 million).

Reliance Industries has now sold 21 per cent of Jio Platforms to investors including Facebook Inc, securing around $13 billion in less than seven weeks.

($1 = Rs 75.5580)



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