Reliance Industries to pump Rs 1.08 lakh crore in new digital services subsidiary
NEW DELHI: Reliance Industries Ltd (RIL) on Friday said its board has approved the formation of a wholly-owned subsidiary for digital platform initiatives and investment of Rs 1.08 trillion in the unit. The subsidiary will also acquire RIL’s equity investment of Rs 65,000 crore in Reliance Jio Infocomm Ltd (RJIL), it said in a regulatory […]