Two subsidiaries of Reliance Jio Infocomm Ltd plan to raise ₹2,000 crore ($283.55 million) each through rights issues, two officials aware of the development said. The two subsidiaries—Jio Internet Distribution Holdings Pvt. Ltd and Jio Television Distribution Holdings Pvt. Ltd—are among six subsidiaries formed by Reliance Jio last year to segregate its telecom and content businesses.
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