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Reliance Jio, Piramal Group may join hands for consumer lending business: ET NOW

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Tied by friendship, marriage and now business? ET NOW's Nayantara Rai shares exclusive details on Mukesh Ambani and Ajay Piramal's new business venture firm. Billionaire and maverick investor Ajay Piramal's flagship company Piramal Enterprises is on the verge of finalising a massive Rs 9600 cr capital infusion deal with Softbank and one more party. ET Now learns Reliance Jio and the Piramal Group may set up a joint venture for consumer lending and fintech. Reliance Jio said this is not true as a response to ET Now's query.

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