Reliance Jio qualifies to bid for Sri Lanka Telecom

The Sri Lankan authorities stated on Wednesday it has pre-qualified Jio Platforms, a unit of India’s Reliance Industries Ltd, and Gortune Worldwide Funding Holding, to bid for stake in Sri Lanka Telecom. That is a part of Sri Lanka’s efforts to cut back authorities stake in state-owned corporations below the $2.9-billion Worldwide Financial Fund (IMF) … Read more