Business

Competition Comm clears Google buying 7.7 pc stake in Jio

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

migrator

New Delhi

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

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

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

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

EPS bows to delimit bias, but TN won't: CM Stalin

2026 TN elections | CM Stalin calls Rahul, breaks silence

2026 TN elections | DMK peddling lies against bill empowering women: Edappadi K Palaniswami

2026 TN elections | Plea against NTK’s symbol dismissed

Trump says Israel, Lebanon agree to 10-day ceasefire