Google takes stake in Reliance Jio

Investing US$ 4.5 billion for a 7.73% stake in Reliance jio Platforms, Google has become the latest high-profile firm to back India’s top telecom network.
Google has agreed to invest Rs 33,737 crore to buy a 7.7 per cent stake in Reliance Industries' technology venture, adding to a slew of investments since April that has crossed Rs 1.52 lakh crore.