Reliance says Saudi's PIF to invest $1.49 billion in Jio

Saudi Arabia's Public Investment Fund (PIF) will buy a 2.32% stake in Reliance Industries' digital unit Jio Platforms for 113.67 billion rupees ($1.49 billion), the Indian conglomerate said on Thursday. [Source]

Origin: reuters.com

Category: technologyNews

Topics: billion, Reliance, conglomerate, Indian, billion), rupees, Platforms, digital, Industries', stake, (PIF), Investment, Public, Arabia's, Saudi, invest, Saudi's

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/perEHaJbiVo/reliance-says-saudis-pif-to-invest-1-49-billion-in-jio-idUSKBN23P1Y8