Categories: Business

CCI approves acquisition of stake in Jio Platforms by Jaadhu

The Competition Commission of India (CCI) has approved the acquisition of stake in Jio Platforms Limited by Jaadhu Holdings LLC. Jaadhu Holdings LLC will acquire approximately 9.99% stake in Jio Platforms.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

Jaadhu Holdings LLC (Jaadhu) is a newly incorporated company and an indirect wholly owned subsidiary of Facebook, which is a publicly traded company listed on NASDAQ, with headquarters in California, United States of America. Jio Platforms Limited is a subsidiary of Reliance Industries Limited and runs digital applications and holds controlling investments in technology related units. It exists under the laws of the Republic of India and aims to provide high-quality and affordable digital services across India.

Find More Business News Here

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

Current Affairs Capsule PDF (30 June 2026)

National News Union Launches Digital Module for Online Notary Applications The Ministry of Law and…

4 hours ago

India’s Industrial Output Growth Hits Five-Month High of 5.1% in May

India’s industrial output growth rose to a five-month high of 5.1 per cent in May,…

7 hours ago

India’s External Debt Climbs to $762.8 Billion in FY26: RBI Explains the Rise

At the end of FY26, India's external debt rose to $762.8 billion and it marks…

7 hours ago

Government Establishes Bureau of Port Security to Strengthen Maritime and Cyber Security

The Government of India has established the Bureau of Port Security (BoPS) under the Ministry…

8 hours ago

Team India Wins 5 Medals at Global Skills Challenge Australia 2026, Strengthening WorldSkills Shanghai Preparations

India have secured five medals at the Global Skills Challenge (GSC) Australia 2026, as India…

8 hours ago

Rajasthan and Haryana Sign Historic Yamuna Water Project Agreement: Key Features, Benefits and Significance Explained

The State Governments of Rajasthan and Haryana signed an agreement for the construction and implementation…

9 hours ago