Page 27 - Mukesh Ambani

Chasing growth: RIL has ambitious plans

Future technology, new energy, retail-the diversified conglomerate's strategy is seen positively by markets

New growth opportunities, high debt risk: How analysts interpret RIL's AGM

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

RIL stock gains ground post the 45th Annual General Meeting; up over 1%

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.

How to trade RIL post the 45th AGM? Here's some help from technical charts

The Reliance Industries stock has doubled from the lows hit during the Covid-19 pandemic-led market crash

Latest LIVE: Nadda asks Kejriwal to prove innocence in liquor scam case

From the developments around Congress president elections to latest Covid news, catch all the live updates here

45th Reliance AGM Meet 2022: New announcement, key points, and highlights

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

Top Headlines: Adani becomes world's 3rd-richest; Ambani's plans for RIL

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

What are the key takeaways from Reliance AGM?

: 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

Mukesh Ambani makes succession clear to shareholders at Reliance AGM

Tycoon's three children, Akash, Isha and Anant, to lead separate business

Reliance aims to double its value in 5 years as it gets future-ready

5G, new energy, O2C, retail, FMCG among growth engines for company, says Ambani

Reliance Jio eyes 100 mn homes through its 5G fixed wireless access

Will be one of the world's largest players in this space once live

RIL AGM: Mega expansion in new energy biz, Rs 75,000 cr for petchem

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

Ambani announces 5G launch by Diwali, Rs 2 trn investment for digital play

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

RIL AGM: Jio to invest Rs 2 trn in 5G; pan-Indian rollout by Dec 2023

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.

At 45th AGM, Reliance unveils Rs 75k-cr plan to boost oil to chemicals biz

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.

RIL plans Rs 2.75-trn investment; prepares for larger battle with Adani grp

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

RIL AGM: Mukesh Ambani announces Rs 3.5-trn investments

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

Retail to Isha, new energy to Anant: RIL chairman details succession plan

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.

RIL 45th AGM Live: Ambani announces Giga factory for power electronics

From Reliance Industries 45th Annual General Meeting to Covid updates, catch all the latest news here

RIL AGM 2022: 5G in two months, FMCG business, other key announcements here

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