July 3, 2020 / 2:46 AM / a month ago

Intel to invest $253 mln in Reliance's digital unit

BENGALURU, July 3 (Reuters) - Reliance Industries Ltd said on Friday that Intel Corp would buy a 0.39% stake in its digital unit, Jio Platforms, for 18.95 billion rupees ($253.55 million).

Including Intel’s investment, Jio Platforms will have raised a total of 1.18 trillion rupees from investors. ($1 = 74.7400 Indian rupees) (Reporting by Chris Thomas in Bengaluru; Editing by Devika Syamnath)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below