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Total Investments For Jio Near Rs 1-lakh Crore As ADIA Picks 1.16% Stake

Jun 08, 2020 07:29 PM IST Business Business

Abu Dhabi Investment Authority (ADIA) to invest Rs 5,683.9 crore in Jio Platforms. ADIA is making this investment in exchange for a 1.16% stake in Jio Platforms. ADIA is one of the world’s biggest sovereign wealth funds. This is the eighth investment in Jio Platforms in less than seven weeks.