Page 5 - Ril Agm

RIL to become zero net-debt company in 18 months: Mukesh Ambani

The statement came in the wake of rising debt at the group level that reached a level of group Rs 1,54,478 crore in the last financial year

Top events today: RIL's 42nd AGM, Jaishankar's meet in China and more

From Reliance expecting to launch GigaFiber to Zomato partners' strike, Business Standard brings you top events that could make headlines today

Consumer business to drive doubling of Reliance's size in the next 7 years

For the coming years, what will hold true for RIL will be Mukesh Ambani's famous statement from a conference last year: 'Data is the new oil and India doesn't need to import it'

Mukesh Ambani takes on Amazon, Walmart in India e-commerce slugfest

The effort will involve the group's Reliance Retail Ltd. and Reliance Jio Infocomm Ltd. businesses, he said

Mukesh Ambani surprises RIL shareholders with 1-for-1 bonus share

Oil to telecom conglomerate Reliance Industries (RIL) announced a bonus share issue, a demand shareholders have been making repeatedly at annual general meetings (AGMs). "I had committed last year that we would reward shareholders at the completion of our investments," Mukesh Ambani, chairman and managing director, said as he announced the board's recommendation for one bonus share for every one held by shareholders, at the 40th AGM here on Friday.Investments made in recent years, he added, would begin generating revenue in the coming months.Ambani also shared a road map of RIL's growth targets for the next decade. "Reliance@50 will aspire to become - and will certainly become - one among the top 50 companies in the world. I am confident Reliance's own growth over the next 10 years, and our contribution to the Indian economy, will surpass what it has achieved in the past 40 years."Those holding RIL shares on the record date, to be fixed later for the purpose, will be eligible for the .