RIL chairman said investment plans include Rs 2 trn on rapid rollout of 5G, Rs 75,000 cr in expanding O2C capacities across value chains and Rs 75,000 cr in new energy business
Billionaire Mukesh Ambani on Monday introduced daughter Isha as leader of his conglomerate's retail business as he details succession planning at India's most valuable firm. Ambani had previously named son Akash as chairman of the group's telecom arm, Reliance Jio. At Reliance Industries Ltd's 45th annual shareholders meeting, Ambani introduced Isha as leader of retail business as he invited her to speak on integrating WhatsApp with the retail business. Isha, 30, gave a presentation on placing online grocery orders using WhatsApp and making payments. Ambani, 65, has three children twins Akash and Isha and youngest son Anant. Isha is married to Anand Piramal, son of Piramal Group's Ajay and Swati Piramal. Reliance has three broad businesses - oil refining and petrochemicals, retail and digital services that include telecom. While retail and digital services are housed in separate wholly-owned subsidiaries, the oil-to-chemical or O2C business is a functional division of Reliance.
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RIL's chairman Mukesh Ambani announced a slew of measures including the launch of 5G services in India in the next two months and the launch of a new Giga factory for power electronics
Reliance Jio, the nation's largest telecom operator, has partnered with Qualcomm to develop 5G solutions for India, Mukesh Ambani said on Monday. Speaking at Reliance Industries' 45th AGM, he said the firm is partnering with Google to develop ultra-affordable 5G smartphones and Google Cloud. It has now forged a collaboration with Qualcomm to develop a 5G solution for India, which can be taken to the rest of the world, he said.
In its 2021 AGM, RIL announced the launch of JioPhone Next and the entry of the company into the green energy sector with a budget of Rs 75,000 crore
Reliance Industries (RIL) will hold its 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29
On 5G, RIL may provide a timeline on rollout of its 5G services in 13 cities; Analysts believe the firm may revive plans for an O2C demerger which was shelved last year
May defer offering specific timelines on listing of retail and telecom businesses; clarity on succession planning could come later
Reliance Industries will on Monday broadcast its annual shareholder meeting simultaneously on a virtual reality platform as well as on five social media platforms as it takes another leap in digitally connecting people for its AGM. Reliance Chairman and Managing Director Mukesh Ambani will virtually address shareholders at the 45th annual general meeting on Monday afternoon in the immersive and interactive 3D world of metaverse, sources said. It will become one of the first companies globally to conduct its annual general meeting (AGM) simultaneously on a virtual reality platform, while also live broadcasting it on five leading social media platforms, in addition to the official JioMeet broadcast. Powered by GMetri, the Reliance AGM virtual reality (VR) platform is designed for a user to virtually walk through a lounge, and explore business-wise highlights of the company's annual report 2021-22 in an interactive manner by entering and exiting different virtual rooms. GMetri is an .
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Anticipation is high as the 65-year-old billionaire, who built Reliance into India's largest company by market value and a powerhouse conglomerate, has used the speech for series of big announcements
Big announcements may be on the cards as Reliance Industries is set to hold its 45th AGM on Monday. The company may announce its plans for 5G rollout, green hydrogen, solar power and retail business
On Monday, Adani Group firms had a combined m-cap of Rs 19.44 trillion against Ambani's combined figure of Rs 17.89 trillion. The Tata Group tops the charts with an m-cap of Rs 21.73 trillion as on Mo
Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284
Two years after the deal was approved by the NCLT, banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to Mukesh Ambani-owned Reliance Industries
Police had on Monday arrested the jeweller, Bishnu Vidu Bhoumik (56), for allegedly calling up the landline number of Reliance Foundation Hospital here and threatening to kill Ambani and his family
The accused, Bishnu Vidu Bhoumik, was arrested from suburban Dahisar at around 1:30 PM, almost three hours after he made the threat call
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