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RIL surges over 9% on report Facebook eyeing stake in Reliance Jio

The report said the outspread of coronavirus could alter the schedule of signing the deal

Topics
Reliance Industries | Reliance Jio | Markets

SI Reporter  |  New Delhi 



reliance jio
Reliance announced last year that it would separate Jio out into a new company and attract new investors ahead of an eventual listing

Shares of (RIL) surged over 9 per cent to Rs 1,035 on the BSE on Wednesday on report that US tech giant Facebook is looking to buy a multiillion-dollar stake in . India's fastest-growing network, Jio, has over 370 million subscribers.

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First Published: Wed, March 25 2020. 10:21 IST

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