https://www.taxtmi.com/news?id=59742 REIL, incorporated as a wholly owned subsidiary of Reliance Intelligence, will become a joint venture with Facebook Overseas under an amended and restated JV agreement; Reliance Intelligence will hold the majority interest and Facebook the minority interest. REIL will develop, market and distribute enterprise AI services, and the parties have jointly committed an initial investment. No governmental or regulatory approvals were required for incorporation. en-us Sat, 25 Oct 2025 12:46:03 +0530 Sat, 25 Oct 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59742 REIL, incorporated as a wholly owned subsidiary of Reliance Intelligence, will become a joint venture with Facebook Overseas under an amended and restated JV agreement; Reliance Intelligence will hold the majority interest and Facebook the minority interest. REIL will develop, market and distribute enterprise AI services, and the parties have jointly committed an initial investment. No governmental or regulatory approvals were required for incorporation. News - Sat, 25 Oct 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=59742