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Microsoft eyes $2 billion stake in RIL’s Jio platforms: reports

May 28, 2020 12:29 IST

Microsoft is negotiating an investment of as much as $2 billion in Reliance Industries' Jio Platforms, as per some reports. Microsoft has been in discussions with several players in the digital payments services space. With Reliance, Microsoft is interested in buying more than a 2.5% stake in Jio Platforms. Jio has already attracted investments worth $10 billion in just a month from marquee investors.

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