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June 18, 2020 10:59 am GMT

Indias Reliance Jio Platforms to sell $1.5 billion stake to Saudi Arabias Public Investment Fund

Billionaire Mukesh Ambani has found yet another high-profile firm to write a massive check to his telecom venture Reliance Jio Platforms at the height of a global pandemic. Saudi Arabia’s Public Investment Fund,one of the world’s largest sovereign wealth funds, said on Thursday it will invest $1.5 billion in Jio Platforms for a 2.32% stake […]

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