SoftBank Vision fund said to be in talks to invest in India’s Reliance Jio

FILE PHOTO - SoftBank Corp. placard is prepared during a ceremony to mark the company's debut on the Tokyo Stock Exchange in Tokyo, Japan, December 19, 2018. REUTERS/Issei Kato/File Photo

Saudi Arabia-backed SoftBank Vision fund is mulling an investment of $2-3 billion in Mukesh Ambani-controlled Reliance Jio Infocomm in lieu of a stake, per an ET Now report.

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