[ad_1] KOCHI: An Abu Dhabi investment firm, led by the ruling family’s Sheikh Tahnoon Bin Zayed Al Nahyan, invested nearly $ 1 billion (Rs 7.6 billion rupees) in LuLu Group International, the LuLu hypermarket holding company, according to a source with import knowledge. Sheikh Al Nahyan is the son of …
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[ad_1] Facebook has announced that it has invested $ 5.7 billion in Jio Platforms, part of Indian conglomerate Reliance Industries’ broader portfolio. According to a social media blog post, the main reason behind the deal that made Facebook the largest minority shareholder is to combine the powers of JioMart and …
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[ad_1] SAN FRANCISCO – Facebook on Tuesday made its largest single investment by putting $ 5.7 billion on Jio Platforms in India, a huge gamble in the developing market and a sign of how big tech companies are making progress in the pandemic. Jio Platforms is a subsidiary of Reliance …
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