Discover and read the best of Twitter Threads about #rjil

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Sanju Verma
@Sanju_Verma_
From Samsung,to Foxconn& #Google's $10bn fund--India under @narendramodi is gaining traction,even as China's expansionism,is isolating it

From producing 8000 #PPE kits in March,to over 4.5 lakh kits daily now,#Modinomics is blending global&local

My Oped

dnaindia.com/blogs/column-s…
#Google's decision to invest 33737 Cr for 7.7% stake in #Jio,on back of #Facebook's investment of 43574Cr in April,is great news

While there's thin line between FPI &FDI,since in both cases,10% ownership threshold has not been crossed by foreign company,it should qualify as FPI
Since both #Facebook and #Google do not own 10% or more individually, they do not get voting rights or any say in management of RIL

While Reliance Jio Infocomm Ltd (RJIL),is a separate Co,it is part of RIL

Deal has been stuck with #RIL,not RJIL,which again makes it #FPI,not FDI
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Related hashtags

#Modinomics #Google #Jio #FPI #RJIL #Facebook #RIL #PPE #RelianceAGM #FDI #JioPlatforms

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