Monday, September 28, 2020

Jio eyes deal with local firm to make handsets

With an eye on entering mobile manufacturing, Reliance Industries may acquire United Telelinks or forge a contract-manufacturing deal, sources said. Questions sent to Reliance Industries remained unanswered. Jio Platforms, the telecom and technology arm of Reliance Industries, has received funding from top global private equity and internet giants, including Facebook and Google.

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