Friday, 22 May 2020

Fundraising Spree for Reliance's Jio Platforms Values It at $65 Billion

Reliance Industries, controlled by Asia's richest man Mukesh Ambani, was worth about $129 billion (roughly Rs. 9.87 lakh crores) as of Thursday's close. Jio Platforms' valuation puts it just ahead of the combined value of the conglomerate's oil, gas, and other businesses.
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