Friday, 24 March, 2023

Abu Dhabi Investment Authority in talks to invest in Jio platforms

<p>Abu Dhabi Investment Authority is in the final round of discussion with Reliance Industries for a minority stake in Jio Platforms, The Economic Times reported. &nbsp;The report did not confirm the size of the deal but quoted a source which said that ADIA, its sister firm Mubadala, &nbsp;along with Saudi Arabia&rsquo;s sovereign wealth fund Public Investment Fund, may invest close to Rs 15,000 crore. Announcement of the deal could happen in a week.</p>