India, Oct. 26 -- LABOUR STATISTICS Reliance Industries Limited

As per the amended and restated joint venture agreement, Reliance Intelligence will hold 70 per cent, while Facebook will own the remaining 30 per cent stake in REIL. The two partners have jointly committed an initial investment of approximately Rs 855 crore, marking a significant collaboration between two of the world's largest conglomerates.

REIL was officially incorporated in India on October 24, 2025, as a wholly owned subsidiary of Reliance Intelligence. The company will serve as the joint venture vehicle for the partnership with Facebook.

Reliance Intelligence has subscribed to 20,00,000 equity shares, amounting to Rs 2 crore towards the initial capital. "Reliance In...