Categories
Business

Alphabet’s Google purchases 7.7% in Reliance’s Jio Platforms for $4.5 billion

Google’s parent firm Alphabet will purchase 7.7% stake in Reliance Industries Ltd digital arm Jio Platforms for US$ 4.5 billion. Reliance Industries, , India’s most highly-valued company run by billionaire Mukesh Ambani has raised $20.22 billion by selling nearly 33% of Jio Platforms which houses music, movie apps and telecoms venture Jio Infocomm. In recent months  […]