Intel-Reliance Jio Deal: US semiconductor giant invests Rs 1,894.5 crore in Jio Platforms for 0.39% stake
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Mukesh Ambani-led Reliance Industries (RIL) on Friday announced that American multinational company Intel will invest Rs 1894.50 crore in Jio Platforms, making it the twelfth high-profile investment in the digital arm of RIL within eleven weeks. The deal will translate into a 0.39 per cent stake for Intel in RIL's digital arm.
Mukesh Ambani-led Reliance Industries (RIL) on Friday announced that American multinational company Intel will invest Rs 1894.50 crore in Jio Platforms, making it the twelfth high-profile investment in the digital arm of RIL within eleven weeks. The deal will translate into a 0.39 per cent stake for Intel in RIL's digital arm.
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