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Facebook buys 9.99 percent stake in Reliance Jio Platforms for Rs. 43,574 Crore

Facebook buys 9.99 percent stake in Reliance Jio Platforms for Rs. 43,574 Crore
Social networking site Facebook on Wednesday announced that it has bought a 9.99 percent stake in Mukesh Ambani’s digital operation Reliance Jio, for Rs 43,574 crore, in a deal that puts the pre-money enterprise value of Jio Platforms at Rs 4.62 lakh crore.

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