Facebook today announced that it’s investing ₹43,574 crores ($5.67 billion) into India’s biggest carrier, Reliance Jio, to pick up a 9.99% stake in the company. It’s the social network’s biggest ...

In this Aug. 12, 2019 file photo, Chairman of Reliance Industries Limited Mukesh Ambani, center, with wife Neeta Ambani arrives for 42nd Annual General Meeting of Reliance Industries Limited in Mumbai ...

Facebook has enjoyed unparalleled reach in India for more than a decade. But as China’s fast-growing ByteDance emerges as a formidable competitor in what has become the world’s second largest internet ...

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Facebook is buying a 9.99 percent stake in Jio Platforms, the Indian telecoms giant owned by India’s richest man, Mukesh Ambani. Jio, a subsidiary of Reliance Industries, has conquered much of the ...

NEW DELHI (AP) — Facebook says it plans to invest $5.7 billion in India’s telecom giant Reliance Jio. The investment will give Facebook a 9.99% stake in Jio Platforms, the digital technologies and app ...

Facebook Tuesday announced a $5.7 billion investment in Jio Platforms Limited, part of Reliance Industries, making the social media giant its largest minority shareholder. In a blog post, FB said the ...

Reliance Jio, a three-and-a-half-year-old subsidiary of India’s most valued firm Reliance Industries, may have attracted the attention of an American giant: Facebook. The social conglomerate is in ...

Facebook has paid $5.7 billion for a 9.9 percent stake in India's Reliance Jio, the social media giant announced Tuesday. By Abid Rahman Facebook has paid $5.7 billion for a 9.9 percent stake in India ...

Facebook has enjoyed unparalleled reach in India for more than a decade. But as China’s fast-growing ByteDance emerges as a formidable competitor in what has become the world’s second largest internet ...