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Top headlines: Silver Lake to invest in Jio Platforms; fuel sales fall

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Reliance Jio
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The deal comes less than two weeks after Facebook made an investment of $5.7 billion to buy a minority stake in Jio Platforms

BS Web Team New Delhi
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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