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Facebook today announced that it will buy 9.99% equity stake in Jio Platforms Limited, part of Reliance Industries Limited on a fully diluted basis for $5.7 billion or INR 43,574 crore, making Facebook its largest minority shareholder, the largest investment for a minority stake by a technology company anywhere in the world and the largest … Continue reading "Facebook buys 9.99% stake in Reliance Jio for Rs. 43,574 crore"

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