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3 Point Analysis | How should investors view ADIA - Jio deal?
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Barely two days after Abu Dhabi-based sovereign wealth fund Mubadala picked up a stake in Jio Platforms, another marquee sovereign fund Abu Dhabi Investment Authority, or ADIA, has bought a stake in the proxy for the Indian digital economy. This is the eight bulge-bracket investment in the Reliance Industries Ltd (RIL) subsidiary in less than seven weeks. In this edition of 3 Point Analysis, Moneycontrol's Sakshi Batra explains the contours of the deal and what's the outlook going forward?
Disclaimer: Reliance Industries Ltd., which also owns Jio, is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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Disclaimer: Reliance Industries Ltd., which also owns Jio, is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
Follow us:
#moneycontrol
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