Mr Ambani has walked the talk on data being the new oil
Company ranks among top 100 global retailers
The unveiling of Jio Glass coincided with Google's Rs 33,737 crore investments in Jio Platforms for 7.7 per cent stake
With the fund raising now achieved, Reliance Industries has become a debt-free company
At RIL's last AGM in August 2019, Ambani announced plan to sell a stake in company's O2C business to Aramco. On August 12, it said it has signed LoI with Aramco for 20% stake sale
Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms
Ambani, 63, may at the company's first online AGM also give a sneak preview of his vision for decarbonisation of energy molecules to create value-added products with almost no carbon emissions.
The chairman of Reliance Industries, whose wealth surpassed Warren Buffett's last week, is now worth $72.4 billion, according to the Bloomberg Billionaires Index.
Global tech leaders from Facebook to Intel are looking for multiple ways to grab a slice of the action in the South Asian country, where millions of first-time internet users are added every month.
Both the companies are looking at partnerships to expand their India business
Chairman and Managing Director Mukesh Ambani will address shareholders using the in-house JioMeet platform.
Here are the top headlines of the day
Qualcomm Ventures is an investment arm of Qualcomm Incorporated
Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, according to media reports
Reliance had sold a total of 25.09 per cent stake in the subsidiary which houses India's youngest but largest telecom firm, Jio, to 11 investors for Rs 1,17,588.45 crore
The cost to insure against nonpayment by a basket of Indian companies, including Reliance Industries and State Bank of India, dropped by 252 basis points in May and June combined
The market heavyweight stock gained 2.95 per cent to close at Rs 1,878.50 on the BSE.
The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session
Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.
The deal between Jio Platforms and Facebook was announced on April 22