Wednesday, April 24, 2019

Softbank to invest in Jio

Japan's Softbank is reportedly looking to make a USD 3 billion investment in India's fastest-growing telecom firm Reliance Jio.

This comes on the back of reports of Saudi giant Aramco in discussions to buy a 25 per cent stake in Reliance Industries' refining and petrochemical business for USD 10 billion. 

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