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Large transactions included the acquisition of Jio Platforms by Facebooks subsidiary Jaadhu for $5.7 billion, the acquisition of Tower Infrastructure Trust by Brookfield and GIC Singapore for $3.7 billion and the sale of the electrical and automation division of L&T India for $2.1 billion. Representational image/DC

FDI inflow dips 26% in 2021: Unctad

The decline in FDI in 2021 was mainly because large mergers and acquisitions (M&A) deals recorded in 2020 were not...

21 Jan 2022 2:10 AM

Mukesh Ambanis Reliance Industries to consider first rights. (PTI Photo)

Reliance Industries to consider first rights issue in three decades

The discussions come after Facebook revealed plans to spend $5.7 billion to buy a 9.99% stake in Reliance's digital arm

28 April 2020 9:11 AM