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 ...
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