Focus Merit

Reliance sells 2.32% stake in Jio to Saudi wealth fund PIF for Rs 11,367 cr

Reliance
  • Saudi Arabia’s PIF, one of the world’s largest sovereign wealth funds, will invest Rs 11,367 crore for 2.32 percent of Jio Platforms, a well-known eleventh investment in the Reliance Industries Limited (RIL) digital unit in nine weeks.