Having already invested in a 30% stake in China’s E-commerce giant Alibaba, Japanese investors, Softbank is considering investing $2-$3 billion in Reliance Jio. According to a source, the companies have been in talks about the investment for a couple of years, and with Reliance Industries looking to deleverage their balance sheet, SoftBank could very well have a small […]
The post SoftBank considering up to $3 billion investment in Reliance Jio appeared first on BankBazaar News.
This post first appeared on BankBazaar News - India's Largest Financial News Portal, please read the originial post: here