Categories: India

BRIEF-Reliance Industries Says Unit And Facebook Have Jointly Committed An Initial Investment Of 8.55  Billion Rupees Towards JV Agreement

Oct 25 (Reuters) – Reliance Industries Ltd: * RELIANCE INDUSTRIES – RELIANCE INTELLIGENCE INCORPORATES RELIANCE ENTERPRISE INTELLIGENCE LIMITED (REIL) * RELIANCE INDUSTRIES – RELIANCE INTELLIGENCE TO INVEST 20 MILLION RUPEES IN REIL * RELIANCE INDUSTRIES – IN ACCORDANCE WITH JV AGREEMENT, RELIANCE INTELLIGENCE WILL HOLD 70% AND FACEBOOK WILL HOLD BALANCE 30% IN REIL * RELIANCE INDUSTRIES – RELIANCE INTELLIGENCE AND FACEBOOK HAVE JOINTLY COMMITTED AN INITIAL INVESTMENT OF 8.55 BILLION RUPEES Source text: Further company coverage:

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Zheng and Tabuena join Suwannarut in three-way tie at International Series Philippines

VIDEO SHOWS: HIGHLIGHTS OF THE THIRD ROUND OF THE ASIAN TOUR GOLF INTERNATIONAL SERIES PHILIPPINES…

2 minutes ago

What is a brain aneurysm – as Kim Kardashian opens up about diagnosis

Most brain aneurysms are small and do not cause symptoms. London (PA Media/dpa) - In a…

6 minutes ago

US opens probe into more than 232,000 Chrysler vehicles over instrument panel issue

(Reuters) -The U.S. National Highway Traffic Safety Administration on Saturday said it has opened a…

7 minutes ago

Grindr shareholders offer to take dating app private for about $3.46 billion

(Reuters) -A consortium of Grindr shareholders who own more than 60% of its outstanding shares,…

8 minutes ago

UN cybercrime treaty to be signed in Hanoi to tackle global offences

HANOI (Reuters) -A landmark U.N. cybercrime treaty, aimed at tackling offences that cost the global…

19 minutes ago

India's Kotak Mahindra Bank misses quarterly profit estimates on higher provisions

MUMBAI, Oct 25 (Reuters) - Indian private lender Kotak Mahindra Bank reported a lower-than-expected profit…

21 minutes ago