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Reliance Industries’ (RIL) fund-raising blitz over the past three months has fetched it more than ₹1.5-lakh-crore by divesting nearly 33 per cent stake in Jio Platforms to an eclectic mix of 13 investors.
With Google’s investment, the last piece of the Great Jio Fund-raise fell in place and what the picture reveals is a meticulously planned financial engineering exercise that only RIL could have drawn up.
Find out more from BusinessLine's Anand Kalyanaraman.
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