SAUDI ARABIA'S PIF LIKELY TO INVEST AROUND $1 BILLION IN JIO'S FIBRE ASSETS

Highlights

• Public Investment Fund (PIF)’s rival ADIA is also holding discussions with Jio in order to invest nearly $1 billion in its pan-India fibre assets

• Both PIF and ADIA have invested a total sum of $2.2 billion in Reliance Jio Platforms

According to the reports, Saudi Arabia's Public Investment Fund (PIF) following the footsteps of its rival Abu Dhabi Investment Authority (ADIA) has k....