Reliance Jio and Google to launch 100 million low-cost phones.
The Jio-Google phone is expected to shake up India's low-cost mobile phone market valued at nearly $2 billion. The segment is presently dominated by the likes of Xiaomi, Realme, Infinix, and others.
Silver lake to invest INR 7,500 crores in Reliance retail for 1.75% stake.
KKR & Co. is also in advanced talks to invest at least $1 billion in the retail business of Reliance Industries, reports Bloomberg.