26/04/2020
Facebook Inc. bought a 9.9% stake in the big billionaire Mukesh Ambani’s popular telecommunication company Reliance Jio for more than 435 billion rupees, the largest FDI ever received by India’s technology sector. Read the whole story about what the parties gain post this deal, what all firms are threatened and how it impacts us Indians and the economy in our latest blog.
THE DEALFacebook, certainly the largest social media player based in USA, has invested Rs. 43,574 crores in Reliance Jio, a Reliance Industries Ltd. undertaking, for a 9.99% stake. The news came ou…