Google invested $ 4.5 billion in India. Google's roofing company Alphabet bought 7.7 percent of Reliance Industries' shares, which operate in India, for $ 4.5 billion. With this
Google invested $ 4.5 billion in India. Google's roofing company Alphabet bought 7.7 percent of Reliance Industries' shares, which operate in India, for $ 4.5 billion. With this acquisition, the US-based technology company has made one of the biggest investments of the last period.
Alphabet said that 7.7 percent of the digital arm of the Indian-based Reliance Industries was sold to Google's roofing company Alphabet for $ 4.5 billion.
The most valuable asset of the company is Jio Infocomm, a telecommunications company with 387 million subscribers.
The Company's Owner Is Among The World's Richest
The personal wealth of Mukesh Ambani, the owner of Reliance Industries, had increased up to $ 72.4 billion (approximately $ 500 billion) recently. After this increase, Ambani left Tesla founder Elon Musk and Google founders Brin and Larry Page behind.