 "Reliance Jio")
Silver Lake has invested Rs 5,655.75 crore in Reliance Industries’ Jio Platforms. India's manufacturing activity contracted at its sharpest pace on record in April. Petrol sales fall 61%, diesel down 57% in April due to lockdown, two industry sources told Reuters. Here are stories that made to the headlines today:
1. After Facebook, Silver Lake to invest Rs 5,656 cr in Reliance Jio Platforms
American private equity firm Silver Lake has invested Rs 5,655.75 crore in Mukesh Ambani-owned Reliance Industries’ Jio Platforms. The deal comes less than two weeks after Facebook made an investment of $5.7 billion to buy a
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