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

Investors sue Selena Gomez for alleged fraud over mental-health start-up

By Lisa Richwine LOS ANGELES, Aug 13 (Reuters) - Singer and actor Selena Gomez was…

2 hours ago

Panorama Studios Invests in Rocket Reels, Fueling India’s First Original Stories Vertical OTT Platform

In a significant development for India’s rapidly evolving digital entertainment landscape, Kumar Mangat Pathak and…

5 hours ago