News > Why global PE giants are crazy about Jio?
Why global PE giants are crazy about Jio?
Business Today | 07/06/2020 11:44 PM | Click to read full article
RIL Chairman Mukesh Ambani Jio Platforms Limited (JPL), the holding company of Reliance Industries' digital & telecom businesses, has received its eighth investment in less than seven weeks. If the announced deals materialise in June quarter, the net debt of RIL will come down to around Rs 63,000 crore from Rs 1.61 lakh crore. The Indian conglomerate has spent nearly Rs 4 lakh crore to build Reliance Jio.
