Thursday, 5 March, 2026
RIL's Jio Platforms receives Rs 33,737 cr from Google after CCI's approval
By Basit Ansari
<p>Jio Platforms has received Rs 33,737 cr from Google after the CCI approved the search giant picking up 7.73% stake in the Reliance Industry owned platform. It is Google's biggest-ever investment in an Indian company. The approval is also a green light to Google's joint effort of developing entry-level Android smartphones. Jio Platforms will soon get all the funds from its 13 investors who together had injected Rs 1,52,056 cr for a cumulative equity stake of 32.96%.</p>
Read full story at Business Today
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