TOKYO -- India's struggle against the coronavirus pandemic has not stopped a dealmaking whirlwind at Reliance Industries. As the country has slowed down, its biggest corporation by sales and market capitalization has only seemed to speed up.
Since Facebook said on April 22 that it would invest $5.7 billion to buy 9.99% of Jio Platforms, Reliance's wholly owned digital business unit, a string of global tech companies and financial investors have followed suit.