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RSS FeedsIntel Corporation to invest £203 million and get a 0.39% stake in Indian Jio Platforms
(WorldNews Asia)

 
 

3 july 2020 16:06:25

 
Intel Corporation to invest £203 million and get a 0.39% stake in Indian Jio Platforms
(WorldNews Asia)
 


Intel to invest £203 million and get a 0.39% stake in Indian Jio Platforms. Facebook invested £4.58 billion in Jio Platforms in April to get a 9.9% stake. Jio Platforms owner Reliance Industries has a net debt of over £16 billion. Intel Corporation (NASDAQ: INTC) announced on Friday that it will make a sizeable investment of about £203 million in an Indian digital services company, Jio Platforms. Intel has been on an...


 
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