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In his ninth Independence Day speech from the Red Fort, PM Narendra Modi is expected to devote a considerable amount of time to ongoing and proposed initiatives in the health care sector
Company may spell out plans for retail and telecommunication businesses in the meeting
RIL shareholders had recently passed a resolution in October to appoint Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to the conglomerate's board
While most brokerages remain optimistic on the road ahead for the company and welcomed its 'green initiative', most analysts say the execution of the same hold key to growth for the company
From a medium-term perspective, the 200-daily moving average (DMA) and 50-weekly moving average (WMA) together indicate support at Rs 2,050 levels
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Here are the details of everything Mukesh Ambani announced under Jio Platforms at the Reliance Industries annual general meeting this year
It continues to be among the fastest-growing retailers globally and the company aims to be among the top ten retailers of the world, Ambani said at RIL's annual general meeting
'JioPhone Next is one of the most affordable smartphones globally, which has cutting-edge technology,' Ambani said
In their base case scenario, Jefferies maintains a price target of Rs 2,540 on RIL stock - an upside of around 15 per cent from the current levels
TCS and M&M were outliers, recording a two-fold rise in representation
So far, RIL has raised a record Rs 1.18 trillion in less than three months by selling 25.24 per cent stake in Jio Platforms.
RIL hit a fresh all-time high of Rs 1,948.75, up 2 per cent in intra-day trade, surpassing its previous high of Rs 1,947 touched on July 13, 2020.
On Monday, the RIL also fixed July 3 the 'Record Date' for the purpose of determining the members eligible to receive dividend for 2019-20.
So far, all the post-IPO AGMs of Reliance have been physical meetings that have often been equated with big fat Indian weddings
Another big announcement was Reliance's partnership with Microsoft under which Jio will set up data centres across India and Microsoft will bring the cloud platform.
Shares of LCOs including Hathway cables and Datacom, Den Networks and GTPL Hathway zoomed in the range of 5 to 20% during the morning deals on the BSE while those of PVR & INOX Leisure slipped up 10%
Partnerships with Aramco, BP will bring in Rs 1.1 trillion; funds to be used to pare debt
Mukesh Ambani said that the trials of Reliance Retail's digital commerce venture have delivered positive results