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Facebook’s Grand Plan found a new lease on life in India by buying a stake in Reliance JIO

June 29, 2020 by Anindya Sinha Leave a Comment

Facebook's Grand Plan Got A New Life

Facebook and Reliance Jio new deal has been a talk of the town. FB bought a stake in Reliance Jio for Rs 43,574 crore and became the largest minority shareholder. The deal is a win-win situation for both parties. On one hand, Reliance reduced its debt burden by $21 billion (1,61,035 crore) in 58 days and on the other side, FB is finally set to achieve its grand plan after … [Read more...] about Facebook’s Grand Plan found a new lease on life in India by buying a stake in Reliance JIO

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