Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.863)

863. 

Reliance Industries Limited's Jio Platforms stepped into 11th deal with which company, who bought 2.32% stake in Jio Platforms for Rs 11,367 crores?

[A]. Al Rajhi Banking & Investment Corporation.
[B]. Jabal Omar Development Co.
[C]. Saudi Electricity Co.
[D]. Saudi Arabia's Public Investment Fund

Answer: Option D

Explanation:

Reliance Industries Limited's Jio Platforms stepped into 11th deal with Saudi Arabia's Public Investment Fund(PIF), who bought 2.32% stake in Jio Platforms for Rs 11,367 crores. With this investment, Jio Platforms has raised Rs 115,693.95 crores(1.15 lakh crores) from leading global investors since April 22, which is the largest continuous fund raised by a company in the world.

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