Big fat cheque for Ambani? Google is in talks to invest $4 billion in Jio platforms

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Big fat cheque for Ambani? Google is in talks to invest $4 billion in Jio platforms

Google is reportedly in talks with the digital arm of Reliance Industries, Jio platforms to invest $4 billion to buy a stake. This comes after Google has pledged $10 billion in India over the next five to seven years with the aim of consolidating its position in the digital ecosystem of the world’s fifth-largest economy that is emerging as a battleground for global internet giants.

The flurry of deals for Jio have backed Ambani’s ambition to morph Reliance from an energy company to an e-commerce giant.

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