Facebook has bought a 9.9% stake in #RelianceJio for $5.7 Bn (₹ 43,574 Cr).
Key Takeaways: The deal will help reduce #Jio debt burden (₹1.08 lakh crore) significantly The #socialmedia giant will become the largest minority shareholder in Jio It is the most significant investment for a minority stake by a #technology company anywhere in the world It is the largest #FDI in the technology space in #India....
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