INSUBCONTINENT EXCLUSIVE:
The Reliance Jio-Intel Capital deal gives Jio Platforms an equity value of Rs 4.91 lakh croreReliance Industries shares rose more than 1 per
a 0.39 per cent stake in Jio Platforms for Rs 1,894.50 crore
The Reliance Jio-Intel Capital deal gives Jio Platforms an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore
The shares of Reliance Industries touched an intra-day high of Rs 1785.65, up 1.42 per cent, in early trading, post the announcement of the
At 10:10 am, the shares of Reliance Industries traded at Rs 1,775, higher by Rs 14 or 0.8 per cent, on the BSE.Intel Capital joins a long
list of investors bullish on Reliance Industries' digital services arm, including internet giant Facebook
This is the twelfth investment in Jio Platforms - which houses telecom major Reliance Jio Infocomm - within 11 weeks.Recent investors in Jio
Platforms include US-based Facebook, Silver Lake, General Atlantic and KKR, and Abu Dhabi-based Mubadala and Abu Dhabi Investment Authority,
and Saudi Arabia's Public Investment Fund.In total, Jio Platforms has raised Rs 1,17,588.45 crore since April 22.The BSE Sensex was
trading 197.46 points - or 0.55 per cent - higher at 36,041.16, while the Nifty was up 58.60 points - or 0.56 per cent - at 10,610.30 at the
