Analysts believe India would finally usher in the home broadband segment
Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October
Analysts at Jefferies said Jio's approach to 5G has striking similarities to its approach to 4G with the company investing aggressively-potentially ahead of time-to create a state of art network
Though investments of RIL across verticals will set the company on a decadal growth path, they may weigh on the stock in the near-term. Tech charts, however, suggest otherwise. Here's a report
Future technology, new energy, retail-the diversified conglomerate's strategy is seen positively by markets
Analysts said that though the company is set to embark the journey of new growth opportunities in telecom, and new energy areas, it may lead to increase in near-term debt, and weaken the return ratios
In past three months, RIL was down 2.4 per cent as compared to 4.5 per cent rally in the S&P BSE Sensex.
The Reliance Industries stock has doubled from the lows hit during the Covid-19 pandemic-led market crash
From the developments around Congress president elections to latest Covid news, catch all the live updates here
45th Reliance AGM Meeting 2022: Reliance(RIL) will partner with Meta, Microsoft, Google and Intel for the next-generation technology. 5G will roll out in India by Diwali 2022. Read to know everything
Reliance Industries Ltd (RIL) set the tone for the future during its 45th annual general meeting, saying it would aim to double its market value by 2027
: This Diwali people of Indian metro will be able to enjoy 5G, said Mukesh Ambani at the 45th annual general meeting of Reliance Industries. Find out the other key announcements made at the event
Tycoon's three children, Akash, Isha and Anant, to lead separate business
5G, new energy, O2C, retail, FMCG among growth engines for company, says Ambani
Will be one of the world's largest players in this space once live
Chairman Mukesh Ambani also announces new gigafactory for power electronics, RIL set up India's first Carbon Fibre plant at Hazira with a capacity of 20,000 tonnes a year
Jio is working with Google to develop an affordable 5G-enabled phone and also tied up with Qualcomm to build solutions and infrastructure for 5G services in India and abroad
Reliance Industries Ltd Chairman Mukesh Ambani on Monday announced a Rs 2 lakh crore investment in deploying fifth-generation or 5G telephony with rollout in metro cities by Diwali. Jio, the nation's largest telecom operator, has deployed standalone 5G stack rather than upgrading the existing 4G network, to offer ultra-high speed internet, he said at Reliance Industries' 45th AGM. Jio will launch 5G services by Diwali in metro cities of Delhi, Mumbai, Kolkata and Chennai, he said adding this will be expanded to other cities and towns in phases to cover entire India in 18 months by December 2023. Jio's ambitious 5G rollout plan will be the fastest in the world, he said.
Reliance Industries Ltd will invest Rs 75,000 crore in the next five years to expand petrochemical capacity, its chairman Mukesh Ambani said on Monday. Speaking at the company's annual general meeting, he said the investments will be in setting up a PTA plant, expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit in UAE.
Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his USD 221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector. Ambani, 65, also identified the businesses his three children will lead in clear signs of succession planning at India's most valuable company. Reliance Jio Infocomm Ltd, the telecom arm of the oil-to-retail conglomerate, will deploy a "standalone 5G" version which is not dependent on the previous 4G network, to deliver ultra-fast internet connectivity beginning with four metro cities by Diwali and the entire country by December 2023, he said at company's annual shareholder meeting. The firm is investing Rs 2 lakh crore for the 5G rollout. At the same AGM, his daughter, Isha, who he identified as the leader of the retail business, announced the company's foray into the fast-moving consumer good