Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.42)

42. 

US based Electronic chip maker Intel's investment arm, Intel Capital will buy 0.39% stake in which indian platform for Rs 1,894.50 crore?

[A]. Tata Sky
[B]. Reliance Industries Limited
[C]. Vodafone Idea
[D]. Bharti Airtel Limited

Answer: Option B

Explanation:

US based Electronic chip maker Intel's investment arm, Intel Capital to buy 0.39% stake in Reliance Industries Limited(RIL)'s Jio Platforms for Rs 1,894.50 crore. This is the 12th deal of Jio Platforms. With this investment, Jio Platforms has raised Rs 1,17,588.45 crore from global investors since April 22.

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