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.

source https://gadgets.ndtv.com/telecom/features/reliance-jio-platforms-valued-at-65-billion-thanks-to-fundraising-spree-2233501

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