Categories: World

BRIEF-Reliance Industries Says Unit And Facebook Have Jointly Committed An Initial Investment Of 8.55  Billion Rupees Towards JV Agreement

Published by TSG Syndication

Oct 25 (Reuters) - Reliance Industries Ltd: * RELIANCE INDUSTRIES - RELIANCE INTELLIGENCE INCORPORATES RELIANCE ENTERPRISE INTELLIGENCE LIMITED (REIL) * RELIANCE INDUSTRIES - RELIANCE INTELLIGENCE TO INVEST 20 MILLION RUPEES IN REIL * RELIANCE INDUSTRIES - IN ACCORDANCE WITH JV AGREEMENT, RELIANCE INTELLIGENCE WILL HOLD 70% AND FACEBOOK WILL HOLD BALANCE 30% IN REIL * RELIANCE INDUSTRIES - RELIANCE INTELLIGENCE AND FACEBOOK HAVE JOINTLY COMMITTED AN INITIAL INVESTMENT OF 8.55 BILLION RUPEES Source text: Further company coverage: (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TSG Syndication
Published by TSG Syndication