Facebook buying 9.99% stake in #Reliance jio For Rs/- 43,574Cr

Facebook buying 9.99% stake in #Reliance jio
For Rs/- 43,574Cr largest FDI in India tech sector
In India oil retail-telecome.

This investment by facebook values jio platform Rs 4.62lac crore.
Facebook in a statement posted on its  website
And said
underscores our commitment to India, and our excitement for the dramatic transformation that Jio has spurred in the country.

RIL (Reliance industries limited):-

Chairmen and managing director said that the
Synergy between Jio and Facebook will help realise Prime Minister Narendra Modi's eDigital India' Mission with its two ambitious goals - eEase of Living' and eEase of Doing Business' - for every single category of Indian people without exception."
  RIL said:-
Our focus on 60 milion micro and small businessman and 110 milion farmers and 30 milion medium sectors business
Jio platforms owned by RIL bring together jio digital apps,ecosystem and high speed internet connection.
The deal with Reliance jio is allow to wider dipper in Indian market it's whatsap messaging platform,here is 400milion user in India  to some of Facebook and Instagram communities.

               Techravi02.blogspot.com
     

            Mukesh Ambani said:- After Covid 19
This partnership will be help to recover in short period of time and growth our Indian economy.
It really helps to change Indian economy system
      #Relaincefacebook
       #Jio
       #Markzukerberge

For more news
Check out the link


https://techravi02.blogspot.com/2020/01/9-in-10-smartphone-share-your-data.html


https://techravi02.blogspot.com/2020/01/isro-to-send-first-half-humanoid.html


https://techravi02.blogspot.com/2020/01/realme-c3-best-price-launching-date-in.html


https://techravi02.blogspot.com/2020/01/the-most-expensive-phone-in-world.html