HT TECH wants to start sending you push notifications. Click allow to subscribe
Latest Tech News Tech Tech News CCI clears Google buying 7.7% stake in Jio

CCI clears Google buying 7.7% stake in Jio

In July, it was announced that Google has agreed to invest ₹33,737 crore to buy a 7.7% stake in Reliance Industries' technology venture.

By: PTI
Updated on: Aug 21 2022, 00:02 IST
Commission approves acquisition of 7.73% equity share capital of Jio Platforms by Google," the watchdog said in a tweet. (MINT_PRINT)

The Competition Commission of India (CCI) on Wednesday said it has approved internet major Google's proposed purchase of 7.73% stake in Jio Platforms.

In July, it was announced that Google has agreed to invest ₹33,737 crore to buy a 7.7% stake in Reliance Industries' technology venture.

You may be interested in

Mobiles Tablets Laptops

"Commission approves acquisition of 7.73% equity share capital of Jio Platforms by Google," the watchdog said in a tweet.

Also Read
Samsung joins Google’s Android Enterprise Recommended Program

Deals beyond a certain threshold require approval from the CCI, which keeps a tab on unfair business practices across sectors. 

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on ,Twitter, Facebook, , and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 12 Nov, 01:00 IST
Tags:
NEXT ARTICLE BEGINS

Copyright © HT Media Limited
All rights reserved.