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Facebook’s Deal With Jio Under Indian Antitrust Review

Telecom And Retail Gains Give Boost to Reliance Industries
Photographer: Dhiraj Singh/Bloomberg

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India’s antitrust watchdog is reviewing Facebook Inc.’s purchase of a 10% stake in Reliance Industries Ltd.’s digital assets, a deal that would give the U.S. giant another foothold in one of the world’s fastest growing internet markets.